Morito Co (TSE:9837) Debt-to-EBITDA : 0.36 (As of May. 2026) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9837 Morito Co Ltd TSE:9837
88 GF Score
Price 円1,823.00
GF Value 円1,786.09
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Morito Co Debt-to-EBITDA?

Morito Co TSE:9837 -0.55% 88 Debt-to-EBITDA is 0.36 as of May. 2026, which is 40% below its 10-year median of 0.60. GuruFocus rates TSE:9837 with a GF Score™ of 88/100 and a GF Value™ of 円1,786.09 (Fairly Valued). The stock has 2 warning signs investors should review. Among 910 Retail - Cyclical companies, Morito Co ranks better than 85.6% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Morito Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円2,460 Mil. Morito Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円1,135 Mil. Morito Co's annualized EBITDA for the quarter that ended in May. 2026 was 円10,015 Mil. Morito Co's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was 0.36.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Morito Co's Debt-to-EBITDA or its related term are showing as below:

TSE:9837' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.24   Med: 0.6   Max: 2.26
Current: 0.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of Morito Co was 2.26. The lowest was 0.24. And the median was 0.60.

TSE:9837's Debt-to-EBITDA is ranked better than
85.6% of 910 companies
in the Retail - Cyclical industry
Industry Median: 2.28 vs TSE:9837: 0.62

Morito Co  (TSE:9837) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Morito Co Debt-to-EBITDA Related Terms


Morito Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Morito Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Morito Co Debt-to-EBITDA Chart

Morito Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.48 0.35 0.24 0.51

Morito Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 May25 Aug25 Nov25 Feb26 May26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.78 0.52 0.73 0.36

TSE:9837 vs TJX, ROST, BURL: Debt-to-EBITDA Comparison

For the Apparel Retail subindustry, Morito Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morito Co Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Morito Co's Debt-to-EBITDA falls into.


TSE:9837
88GF Score
Morito Co Ltd TSE:9837
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morito Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Morito Co's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1340.004 + 1349.947) / 5280.26
=0.51

Morito Co's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2460.389 + 1134.945) / 10014.896
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.36 mean?
Morito Co (TSE:9837) has a Debt-to-EBITDA of 0.36 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Morito Co. This is 40% below median its historical median of 0.60. Over the past decade, Morito Co's Debt-to-EBITDA has ranged from 0.24 to 2.26. According to the industry distribution chart, Morito Co ranks #131 out of 910 companies in the Retail - Cyclical industry, placing it in the top 14.4%.
Is Morito Co's Debt-to-EBITDA too high?
Morito Co's current Debt-to-EBITDA of 0.36 is 40% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 2.26. The Retail - Cyclical industry median Debt-to-EBITDA is 2.28. Morito Co's value of 0.36 is 84.2% below this industry median. Based on the distribution chart, Morito Co ranks #131 out of 910 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Morito Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Morito Co's Debt-to-EBITDA compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Morito Co ranks #131 out of 910 companies for Debt-to-EBITDA. This places Morito Co in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.28. Morito Co's value of 0.36 is 84.2% below this benchmark. Historically, Morito Co's own Debt-to-EBITDA has ranged from 0.24 to 2.26 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 2.28, Morito Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.28, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morito Co's current Debt-to-EBITDA of 0.36 is 84.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Morito Co. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morito Co's current Debt-to-EBITDA is 0.36, which is 40% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morito Co stock overvalued right now?
Based on GuruFocus' analysis, Morito Co (TSE:9837) is currently considered Fairly Valued. The stock's GF Value™ is 円1,786.09, compared to a current price of 円1,823.00 — trading 2.1% above its estimated fair value. The current Debt-to-EBITDA is 0.36, which is 40% below median its 10-year median of 0.60 and 84.2% below the Retail - Cyclical industry median of 2.28. Morito Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Morito Co (TSE:9837), the current Debt-to-EBITDA is 0.36 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Morito Co (TSE:9837) Overvalued in 2026?

Based on GuruFocus' analysis, Morito Co stock appears to be overvalued. The current stock price of 円1,823.00 is trading 2.1% above its estimated GF Value™ of 円1,786.09. GuruFocus considers Morito Co to be Fairly Valued.

Key valuation signals for TSE:9837:

  • Debt-to-EBITDA: 0.36 (40% below median its 10-year median of 0.60)
  • GF Value™: 円1,786.09 vs. price of 円1,823.00 (2.1% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 84.2% below the Retail - Cyclical median (#131 of 910)

No single metric tells the full story. See the TSE:9837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morito Co Business Description

Address 1-5-4 Nihonbashi Honcho, Chuo-Ku, Tokyo, JPN, 541-0054
Morito Co Ltd produces and supplies parts such as eyelets, snap fasteners, buckles, tape, and shoe uppers to all sorts of brands. It also designs and produces apparel, bags, and other products. The company supplies a host of products to a wide range of markets, including braces, supports, school supplies, and straps, in addition to footwear-related products such as insoles. It also specializes in supply of parts for automobile, railway, and aircraft interiors.
88GF Score

Get the complete analysis for TSE:9837

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,823.00
Price
円1,786.09
GF Value