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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 Irico Group New Energy Co's Debt-to-EBITDA or its related term are showing as below:
HKSE:00438'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -72.78 Med: 7.1 Max: 12.58
Current: -15.89
During the past 13 years, the highest Debt-to-EBITDA Ratio of Irico Group New Energy Co was 12.58. The lowest was -72.78. And the median was 7.10.
HKSE:00438's Debt-to-EBITDA is ranked worse than 100% of 739
companies
in the Semiconductors industry
Industry Median: 1.34
vs HKSE:00438: -15.89
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.
Irico Group New Energy Co Debt-to-EBITDA Related Terms
Irico Group New Energy Co Debt-to-EBITDA Historical Data
* 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.
HKSE:00438 vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison
For the Solar subindustry, Irico Group New Energy 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.
Irico Group New Energy Co Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy 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 two times the quarterly (Dec. 2025) EBITDA data.
Irico Group New Energy Co (HKSE:00438) has a Debt-to-EBITDA of -17.15 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 Irico Group New Energy Co. According to the industry distribution chart, Irico Group New Energy Co ranks #999999 out of 739 companies in the Semiconductors industry.
Is Irico Group New Energy Co's Debt-to-EBITDA too high?
Irico Group New Energy Co's current Debt-to-EBITDA is -17.15. Based on the distribution chart, Irico Group New Energy Co ranks #999999 out of 739 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Irico Group New Energy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #999999 out of 739 companies for Debt-to-EBITDA. This places Irico Group New Energy Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.34. 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.34, based on 739 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. 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 Irico Group New Energy Co. For the Semiconductors industry, the median Debt-to-EBITDA is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irico Group New Energy Co's current Debt-to-EBITDA is -17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.81, compared to a current price of HK$1.28 — trading 54.4% below its estimated fair value. The current Debt-to-EBITDA is -17.15. Irico Group New Energy Co's overall GF Score™ is 49/100 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 Irico Group New Energy Co (HKSE:00438), the current Debt-to-EBITDA is -17.15 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.28 is trading 54.4% below its estimated GF Value™ of HK$2.81.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
Debt-to-EBITDA: -17.15
GF Value™: HK$2.81 vs. price of HK$1.28 (54.4% below fair value)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
49GF Score
Get the complete analysis for HKSE:00438
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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