E J Holdings (TSE:2153) Debt-to-Equity: 0.37 (As of Feb. 2026) — 825% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:2153 E J Holdings Inc TSE:2153
66 GF Score
Price 円1,777.00
GF Value 円1,776.58
Valuation Fairly Valued
! 5 Warning Signs
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What is E J Holdings Debt-to-Equity?

E J Holdings TSE:2153 +1.08% 66 Debt-to-Equity is 0.37 as of Feb. 2026, which is 825% above its 10-year median of 0.04. GuruFocus rates TSE:2153 with a GF Score™ of 66/100 and a GF Value™ of 円1,776.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,616 Construction companies, E J Holdings ranks better than 70.85% on this metric.

E J Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円6,442 Mil. E J Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円6,486 Mil. E J Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2026 was 円35,131 Mil. E J Holdings's debt to equity for the quarter that ended in Feb. 2026 was 0.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for E J Holdings's Debt-to-Equity or its related term are showing as below:

TSE:2153' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.22
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of E J Holdings was 0.22. The lowest was 0.01. And the median was 0.04.

TSE:2153's Debt-to-Equity is ranked better than
70.85% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs TSE:2153: 0.17

E J Holdings  (TSE:2153) Debt-to-Equity Explanation

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


E J Holdings Debt-to-Equity Related Terms


E J Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for E J Holdings's Debt-to-Equity 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.

E J Holdings Debt-to-Equity Chart

E J Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 0.22 0.17

E J Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity 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 0.22 0.20 0.26 0.37 0.17

TSE:2153 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, E J Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


E J Holdings Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, E J Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where E J Holdings's Debt-to-Equity falls into.


TSE:2153
66GF Score
E J Holdings Inc TSE:2153
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E J Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

E J Holdings's Debt to Equity Ratio for the fiscal year that ended in May. 2026 is calculated as

E J Holdings's Debt to Equity Ratio for the quarter that ended in Feb. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.37 mean?
E J Holdings (TSE:2153) has a Debt-to-Equity of 0.37 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on E J Holdings and its competitors. This is 825% above median its historical median of 0.04. Over the past decade, E J Holdings' Debt-to-Equity has ranged from 0.01 to 0.22. According to the industry distribution chart, E J Holdings ranks #471 out of 1616 companies in the Construction industry, placing it in the top 29.1%.
Is E J Holdings' Debt-to-Equity too high?
E J Holdings' current Debt-to-Equity of 0.37 is 825% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The Construction industry median Debt-to-Equity is 0.40. E J Holdings' value of 0.37 is 7.5% below this industry median. Based on the distribution chart, E J Holdings ranks #471 out of 1616 companies in the Construction industry, which is above the industry midpoint. Overall, E J Holdings has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E J Holdings' Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, E J Holdings ranks #471 out of 1616 companies for Debt-to-Equity. This puts E J Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.40. E J Holdings' value of 0.37 is 7.5% below this benchmark. Historically, E J Holdings' own Debt-to-Equity has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.40, E J Holdings 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-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. E J Holdings's current Debt-to-Equity of 0.37 is 7.5% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on E J Holdings and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E J Holdings's current Debt-to-Equity is 0.37, which is 825% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E J Holdings stock overvalued right now?
Based on GuruFocus' analysis, E J Holdings (TSE:2153) is currently considered Fairly Valued. The stock's GF Value™ is 円1,776.58, compared to a current price of 円1,777.00 — trading 0% above its estimated fair value. The current Debt-to-Equity is 0.37, which is 825% above median its 10-year median of 0.04 and 7.5% below the Construction industry median of 0.40. E J Holdings' overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For E J Holdings (TSE:2153), the current Debt-to-Equity is 0.37 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 E J Holdings (TSE:2153) Overvalued in 2026?

Based on GuruFocus' analysis, E J Holdings stock appears to be overvalued. The current stock price of 円1,777.00 is trading 0% above its estimated GF Value™ of 円1,776.58. GuruFocus considers E J Holdings to be Fairly Valued.

Key valuation signals for TSE:2153:

  • Debt-to-Equity: 0.37 (825% above median its 10-year median of 0.04)
  • GF Value™: 円1,776.58 vs. price of 円1,777.00 (0% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 7.5% below the Construction median (#471 of 1616)

No single metric tells the full story. See the TSE:2153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E J Holdings Business Description

Address 3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.
66GF Score

Get the complete analysis for TSE:2153

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

円1,777.00
Price
円1,776.58
GF Value