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.
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.
Hon Hai Precision Industry CoHNHAY 91 Debt-to-EBITDA is 2.88 as of Mar. 2026, which is 2% above its 10-year median of 2.81. GuruFocus rates HNHAY with a GF Score™ of 91/100. The stock has 1 warning sign investors should review. Among 1,791 Hardware companies, Hon Hai Precision Industry Co ranks worse than 63.43% 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 Hon Hai Precision Industry Co's Debt-to-EBITDA or its related term are showing as below:
HNHAY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.27 Med: 2.81 Max: 3.26
Current: 2.86
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hon Hai Precision Industry Co was 3.26. The lowest was 1.27. And the median was 2.81.
HNHAY's Debt-to-EBITDA is ranked worse than 63.43% of 1791
companies
in the Hardware industry
Industry Median: 1.71
vs HNHAY: 2.86
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.
Hon Hai Precision Industry Co Debt-to-EBITDA Related Terms
Hon Hai Precision Industry 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.
Hon Hai Precision Industry Co Debt-to-EBITDA Chart
For the Electronic Components subindustry, Hon Hai Precision Industry 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.
Hon Hai Precision Industry Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Hon Hai Precision Industry Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hon Hai Precision Industry 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 (Mar. 2026) EBITDA data.
Hon Hai Precision Industry Co (HNHAY) has a Debt-to-EBITDA of 2.88 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 Hon Hai Precision Industry Co. This is near median its historical median of 2.81. Over the past decade, Hon Hai Precision Industry Co's Debt-to-EBITDA has ranged from 1.27 to 3.26. According to the industry distribution chart, Hon Hai Precision Industry Co ranks #1136 out of 1791 companies in the Hardware industry, placing it in the top 63.4%.
Is Hon Hai Precision Industry Co's Debt-to-EBITDA too high?
Hon Hai Precision Industry Co's current Debt-to-EBITDA of 2.88 is near median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.26. The Hardware industry median Debt-to-EBITDA is 1.71. Hon Hai Precision Industry Co's value of 2.88 is 68.4% above this industry median. Based on the distribution chart, Hon Hai Precision Industry Co ranks #1136 out of 1791 companies in the Hardware industry, which is below the industry midpoint. Overall, Hon Hai Precision Industry Co has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Hon Hai Precision Industry Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Hon Hai Precision Industry Co ranks #1136 out of 1791 companies for Debt-to-EBITDA. This places Hon Hai Precision Industry Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Hon Hai Precision Industry Co's value of 2.88 is 68.4% above this benchmark. Historically, Hon Hai Precision Industry Co's own Debt-to-EBITDA has ranged from 1.27 to 3.26 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 1.71, Hon Hai Precision Industry Co has consistently been above 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 1.71, based on 1,791 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. Hon Hai Precision Industry Co's current Debt-to-EBITDA of 2.88 is 68.4% above 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 Hon Hai Precision Industry Co. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hon Hai Precision Industry Co's current Debt-to-EBITDA is 2.88, which is near median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hon Hai Precision Industry Co stock overvalued right now?
Hon Hai Precision Industry Co (HNHAY) has a current Debt-to-EBITDA of 2.88. The current Debt-to-EBITDA is 2.88, which is near median its 10-year median of 2.81 and 68.4% above the Hardware industry median of 1.71. Hon Hai Precision Industry Co's overall GF Score™ is 91/100 with 1 warning sign 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 Hon Hai Precision Industry Co (HNHAY), the current Debt-to-EBITDA is 2.88 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.
Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for around 50% of overall revenue in 2025. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones, as well as producing servers. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HNHAY has been successfully added to your 
