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Belc CoTSE:9974 +0.92%90 Debt-to-EBITDA is 0.82 as of Feb. 2026, which is 46% below its 10-year median of 1.51. GuruFocus rates TSE:9974 with a GF Score™ of 90/100 and a GF Value™ of 円8,049.90 (Modestly Undervalued). Among 258 Retail - Defensive companies, Belc Co ranks better than 57.36% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Belc Co's Debt-to-EBITDA or its related term are showing as below:
TSE:9974'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.21 Med: 1.51 Max: 1.84
Current: 1.84
During the past 13 years, the highest Debt-to-EBITDA Ratio of Belc Co was 1.84. The lowest was 1.21. And the median was 1.51.
TSE:9974's Debt-to-EBITDA is ranked better than 57.36% of 258
companies
in the Retail - Defensive industry
Industry Median: 2.225
vs TSE:9974: 1.84
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.
Belc Co Debt-to-EBITDA Related Terms
Belc Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Belc 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.
For the Grocery Stores subindustry, Belc 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.
Belc Co Debt-to-EBITDA vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Belc Co's Debt-to-EBITDA falls into.
* 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 (Feb. 2026) EBITDA data.
Belc Co (TSE:9974) has a Debt-to-EBITDA of 0.82 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Belc Co. This is 46% below median its historical median of 1.51. Over the past decade, Belc Co's Debt-to-EBITDA has ranged from 1.21 to 1.84. According to the industry distribution chart, Belc Co ranks #110 out of 258 companies in the Retail - Defensive industry, placing it in the top 42.6%.
Is Belc Co's Debt-to-EBITDA too high?
Belc Co's current Debt-to-EBITDA of 0.82 is 46% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 1.84. The Retail - Defensive industry median Debt-to-EBITDA is 2.23. Belc Co's value of 0.82 is 63.1% below this industry median. Based on the distribution chart, Belc Co ranks #110 out of 258 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Belc Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belc Co's Debt-to-EBITDA compare to KR?
According to the Retail - Defensive industry distribution chart, Belc Co ranks #110 out of 258 companies for Debt-to-EBITDA. This puts Belc Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.23. Belc Co's value of 0.82 is 63.1% below this benchmark. Historically, Belc Co's own Debt-to-EBITDA has ranged from 1.21 to 1.84 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 2.23, Belc 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 - Defensive company?
The median Debt-to-EBITDA among Retail - Defensive companies is 2.23, based on 258 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. Belc Co's current Debt-to-EBITDA of 0.82 is 63.1% 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 Belc Co. For the Retail - Defensive industry, the median Debt-to-EBITDA is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belc Co's current Debt-to-EBITDA is 0.82, which is 46% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belc Co stock overvalued right now?
Based on GuruFocus' analysis, Belc Co (TSE:9974) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,049.90, compared to a current price of 円6,600.00 — trading 18% below its estimated fair value. The current Debt-to-EBITDA is 0.82, which is 46% below median its 10-year median of 1.51 and 63.1% below the Retail - Defensive industry median of 2.23. Belc Co's overall GF Score™ is 90/100. 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 Belc Co (TSE:9974), the current Debt-to-EBITDA is 0.82 as of Feb. 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 Belc Co (TSE:9974) Overvalued in 2026?
Based on GuruFocus' analysis, Belc Co stock appears to be undervalued.
The current stock price of 円6,600.00 is trading 18% below its estimated GF Value™ of 円8,049.90.
GuruFocus considers Belc Co to be Modestly Undervalued.
Key valuation signals for TSE:9974:
Debt-to-EBITDA: 0.82 (46% below median its 10-year median of 1.51)
GF Value™: 円8,049.90 vs. price of 円6,600.00 (18% below fair value)
Industry Position: 63.1% below the Retail - Defensive median (#110 of 258)
No single metric tells the full story. See the TSE:9974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on Saitama Prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities, and processed food. Belc Co. Ltd also provides services to its stores, including chain management and cleaning.
90GF Score
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