NTT System (WAR:NTT) Debt-to-EBITDA : 0.84 (As of Mar. 2026) — 44% 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.

WAR:NTT NTT System SA WAR:NTT
70 GF Score
Price zł16.10
GF Value zł6.83
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is NTT System Debt-to-EBITDA?

NTT System WAR:NTT +3.21% 70 Debt-to-EBITDA is 0.84 as of Mar. 2026, which is 44% below its 10-year median of 1.50. GuruFocus rates WAR:NTT with a GF Score™ of 70/100 and a GF Value™ of zł6.83 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,808 Hardware companies, NTT System ranks better than 67.26% on this metric.

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

NTT System's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł43 Mil. NTT System's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł0 Mil. NTT System's annualized EBITDA for the quarter that ended in Mar. 2026 was zł51 Mil. NTT System's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.84.

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.

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

WAR:NTT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28   Med: 1.5   Max: 4.94
Current: 0.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of NTT System was 4.94. The lowest was 0.28. And the median was 1.50.

WAR:NTT's Debt-to-EBITDA is ranked better than
67.26% of 1808 companies
in the Hardware industry
Industry Median: 1.64 vs WAR:NTT: 0.79

NTT System  (WAR:NTT) 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.


NTT System Debt-to-EBITDA Related Terms


NTT System Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NTT System'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.

NTT System Debt-to-EBITDA Chart

NTT System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 1.50 0.66 1.35 0.69

NTT System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.30 0.33 0.33 0.84

WAR:NTT vs DELL, ANET, SNDK: Debt-to-EBITDA Comparison

For the Computer Hardware subindustry, NTT System'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.


NTT System Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, NTT System's Debt-to-EBITDA distribution charts can be found below:

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


WAR:NTT
70GF Score
NTT System SA WAR:NTT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT System Debt-to-EBITDA Calculation

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

NTT System's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(33.934 + 0) / 49.181
=0.69

NTT System's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(42.571 + 0) / 50.684
=0.84

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.84 mean?
NTT System (WAR:NTT) has a Debt-to-EBITDA of 0.84 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NTT System. This is 44% below median its historical median of 1.50. Over the past decade, NTT System's Debt-to-EBITDA has ranged from 0.28 to 4.94. According to the industry distribution chart, NTT System ranks #592 out of 1808 companies in the Hardware industry, placing it in the top 32.7%.
Is NTT System's Debt-to-EBITDA too high?
NTT System's current Debt-to-EBITDA of 0.84 is 44% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 4.94. The Hardware industry median Debt-to-EBITDA is 1.64. NTT System's value of 0.84 is 48.8% below this industry median. Based on the distribution chart, NTT System ranks #592 out of 1808 companies in the Hardware industry, which is above the industry midpoint. Overall, NTT System has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTT System's Debt-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, NTT System ranks #592 out of 1808 companies for Debt-to-EBITDA. This puts NTT System in the upper half of its industry. The industry median Debt-to-EBITDA is 1.64. NTT System's value of 0.84 is 48.8% below this benchmark. Historically, NTT System's own Debt-to-EBITDA has ranged from 0.28 to 4.94 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.64, NTT System 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.64, based on 1,808 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. NTT System's current Debt-to-EBITDA of 0.84 is 48.8% 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 NTT System. For the Hardware industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT System's current Debt-to-EBITDA is 0.84, which is 44% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT System stock overvalued right now?
Based on GuruFocus' analysis, NTT System (WAR:NTT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł6.83, compared to a current price of zł16.10 — trading 135.7% above its estimated fair value. The current Debt-to-EBITDA is 0.84, which is 44% below median its 10-year median of 1.50 and 48.8% below the Hardware industry median of 1.64. NTT System's overall GF Score™ is 70/100 with 6 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 NTT System (WAR:NTT), the current Debt-to-EBITDA is 0.84 as of Mar. 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 NTT System (WAR:NTT) Overvalued in 2026?

Based on GuruFocus' analysis, NTT System stock appears to be overvalued. The current stock price of zł16.10 is trading 135.7% above its estimated GF Value™ of zł6.83. GuruFocus considers NTT System to be Significantly Overvalued.

Key valuation signals for WAR:NTT:

  • Debt-to-EBITDA: 0.84 (44% below median its 10-year median of 1.50)
  • GF Value™: zł6.83 vs. price of zł16.10 (135.7% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 48.8% below the Hardware median (#592 of 1808)

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


NTT System Business Description

Address Zakret Street Trakt Brzeski 89, Wesola, Warsaw, POL, 05-077
NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.
70GF Score

Get the complete analysis for WAR:NTT

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

zł16.10
Price
zł6.83
GF Value