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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 Tang Eng Iron Works Co's Debt-to-EBITDA or its related term are showing as below:
ROCO:2035'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -86.14 Med: -1.13 Max: 108.42
Current: -86.14
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tang Eng Iron Works Co was 108.42. The lowest was -86.14. And the median was -1.13.
ROCO:2035's Debt-to-EBITDA is ranked worse than 100% of 499
companies
in the Steel industry
Industry Median: 2.81
vs ROCO:2035: -86.14
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.
Tang Eng Iron Works Co Debt-to-EBITDA Related Terms
Tang Eng Iron Works Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tang Eng Iron Works 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.
ROCO:2035 vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, Tang Eng Iron Works 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.
Tang Eng Iron Works Co Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tang Eng Iron Works 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 (Jun. 2026) EBITDA data.
Tang Eng Iron Works Co (ROCO:2035) has a Debt-to-EBITDA of 15.81 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tang Eng Iron Works Co. According to the industry distribution chart, Tang Eng Iron Works Co ranks #999999 out of 499 companies in the Steel industry.
Is Tang Eng Iron Works Co's Debt-to-EBITDA too high?
Tang Eng Iron Works Co's current Debt-to-EBITDA is 15.81. The Steel industry median Debt-to-EBITDA is 2.81. Tang Eng Iron Works Co's value of 15.81 is 462.6% above this industry median. Based on the distribution chart, Tang Eng Iron Works Co ranks #999999 out of 499 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tang Eng Iron Works Co has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tang Eng Iron Works Co's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Tang Eng Iron Works Co ranks #999999 out of 499 companies for Debt-to-EBITDA. This places Tang Eng Iron Works Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.81. Tang Eng Iron Works Co's value of 15.81 is 462.6% above this benchmark. 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 2.81, based on 499 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. Tang Eng Iron Works Co's current Debt-to-EBITDA of 15.81 is 462.6% 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 Tang Eng Iron Works Co. For the Steel industry, the median Debt-to-EBITDA is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tang Eng Iron Works Co's current Debt-to-EBITDA is 15.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tang Eng Iron Works Co stock overvalued right now?
Based on GuruFocus' analysis, Tang Eng Iron Works Co (ROCO:2035) is currently considered Fairly Valued. The stock's GF Value™ is NT$26.50, compared to a current price of NT$26.60 — trading 0.4% above its estimated fair value. The current Debt-to-EBITDA is 15.81 and 462.6% above the Steel industry median of 2.81. Tang Eng Iron Works Co's overall GF Score™ is 48/100 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 Tang Eng Iron Works Co (ROCO:2035), the current Debt-to-EBITDA is 15.81 as of Jun. 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 Tang Eng Iron Works Co (ROCO:2035) Overvalued in 2026?
Based on GuruFocus' analysis, Tang Eng Iron Works Co stock appears to be overvalued.
The current stock price of NT$26.60 is trading 0.4% above its estimated GF Value™ of NT$26.50.
GuruFocus considers Tang Eng Iron Works Co to be Fairly Valued.
Key valuation signals for ROCO:2035:
Debt-to-EBITDA: 15.81
GF Value™: NT$26.50 vs. price of NT$26.60 (0.4% above fair value)
Industry Position: 462.6% above the Steel median (#999999 of 499)
No single metric tells the full story. See the ROCO:2035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tang Eng Iron Works Co Ltd is engaged in the manufacture and trading of stainless steel products. Its products include Anti-bacterial Stainless-Steel Coils and Products; Crimped Steel Board; Anti-bacterial Stainless-Steel Products; Duplex Stainless Steel; and Precipitation Hardening Stainless Steel. The company has only one reportable segment: the stainless steel segment that mainly manufactures and trades stainless steel products.
48GF Score
Get the complete analysis for ROCO:2035
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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