Tiangong International Co (HAM:34T1) Debt-to-EBITDA : 2.74 (As of Dec. 2025) — 18% Below Median

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HAM:34T1 Tiangong International Co Ltd HAM:34T1
40 GF Score
Price €0.33
GF Value €0.21
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tiangong International Co Debt-to-EBITDA?

Tiangong International Co HAM:34T1 -2.38% 40 Debt-to-EBITDA is 2.74 as of Dec. 2025, which is 18% below its 10-year median of 3.34. GuruFocus rates HAM:34T1 with a GF Score™ of 40/100 and a GF Value™ of €0.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 498 Steel companies, Tiangong International Co ranks worse than 72.89% on this metric.

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

Tiangong International Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €2,491 Mil. Tiangong International Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €944 Mil. Tiangong International Co's annualized EBITDA for the quarter that ended in Dec. 2025 was €1,255 Mil. Tiangong International Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.74.

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 Tiangong International Co's Debt-to-EBITDA or its related term are showing as below:

HAM:34T1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.18   Med: 3.34   Max: 6.32
Current: 5.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tiangong International Co was 6.32. The lowest was 2.18. And the median was 3.34.

HAM:34T1's Debt-to-EBITDA is ranked worse than
72.89% of 498 companies
in the Steel industry
Industry Median: 2.82 vs HAM:34T1: 5.48

Tiangong International Co  (HAM:34T1) 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.


Tiangong International Co Debt-to-EBITDA Related Terms


Tiangong International Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tiangong International 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.

Tiangong International Co Debt-to-EBITDA Chart

Tiangong International Co 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 2.18 2.82 2.76 3.35 3.33

Tiangong International Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.48 2.18 3.08 2.74 2.74

HAM:34T1 vs : Debt-to-EBITDA Comparison

For the Steel subindustry, Tiangong International 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.


Tiangong International Co Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Tiangong International Co's Debt-to-EBITDA distribution charts can be found below:

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


HAM:34T1
40GF Score
Tiangong International Co Ltd HAM:34T1
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tiangong International Co Debt-to-EBITDA Calculation

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

Tiangong International Co'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
=(2490.507 + 943.525) / 1031.166
=3.33

Tiangong International Co's annualized Debt-to-EBITDA for the quarter 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
=(2490.507 + 943.525) / 1255.48
=2.74

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.74 mean?
Tiangong International Co (HAM:34T1) has a Debt-to-EBITDA of 2.74 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tiangong International Co. This is 18% below median its historical median of 3.34. Over the past decade, Tiangong International Co's Debt-to-EBITDA has ranged from 2.18 to 6.32. According to the industry distribution chart, Tiangong International Co ranks #363 out of 498 companies in the Steel industry, placing it in the top 72.9%.
Is Tiangong International Co's Debt-to-EBITDA too high?
Tiangong International Co's current Debt-to-EBITDA of 2.74 is 18% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 6.32. The Steel industry median Debt-to-EBITDA is 2.82. Tiangong International Co's value of 2.74 is 2.8% below this industry median. Based on the distribution chart, Tiangong International Co ranks #363 out of 498 companies in the Steel industry, which is below the industry midpoint. Overall, Tiangong International Co has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tiangong International Co's Debt-to-EBITDA compare to ?
According to the Steel industry distribution chart, Tiangong International Co ranks #363 out of 498 companies for Debt-to-EBITDA. This places Tiangong International Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.82. Tiangong International Co's value of 2.74 is 2.8% below this benchmark. Historically, Tiangong International Co's own Debt-to-EBITDA has ranged from 2.18 to 6.32 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 2.82, Tiangong International 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.82, based on 498 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. Tiangong International Co's current Debt-to-EBITDA of 2.74 is 2.8% 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 Tiangong International Co. For the Steel industry, the median Debt-to-EBITDA is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiangong International Co's current Debt-to-EBITDA is 2.74, which is 18% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiangong International Co stock overvalued right now?
Based on GuruFocus' analysis, Tiangong International Co (HAM:34T1) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.21, compared to a current price of €0.33 — trading 56.2% above its estimated fair value. The current Debt-to-EBITDA is 2.74, which is 18% below median its 10-year median of 3.34 and 2.8% below the Steel industry median of 2.82. Tiangong International Co's overall GF Score™ is 40/100 with 7 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 Tiangong International Co (HAM:34T1), the current Debt-to-EBITDA is 2.74 as of Dec. 2025. 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 Tiangong International Co (HAM:34T1) Overvalued in 2026?

Based on GuruFocus' analysis, Tiangong International Co stock appears to be overvalued. The current stock price of €0.33 is trading 56.2% above its estimated GF Value™ of €0.21. GuruFocus considers Tiangong International Co to be Significantly Overvalued.

Key valuation signals for HAM:34T1:

  • Debt-to-EBITDA: 2.74 (18% below median its 10-year median of 3.34)
  • GF Value™: €0.21 vs. price of €0.33 (56.2% above fair value)
  • GF Score™: 40/100 with 7 warning signs
  • Industry Position: 2.8% below the Steel median (#363 of 498)

No single metric tells the full story. See the HAM:34T1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tiangong International Co Business Description

Comparable Companies
Other Exchanges 00826:Hong Kong
Address Houxiang Town, Jiangsu Province, Danyang City, CHN, 212312
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods, and others. The reportable segments of the company are, the DS segment, which derives majority revenue, manufactures and sells materials that are used in the die set manufacturing industry; the HSS segment manufactures and sells materials that are used in the tools manufacturing industry; the cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry; the Titanium alloy segment manufactures and sells titanium alloys to the titanium industry; and the Others segment assembles and sells power tool kits. The company operates in PRC, North America, Europe, Asia (other than the PRC), and other regions.
40GF Score

Get the complete analysis for HAM:34T1

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

€0.33
Price
€0.21
GF Value