Haewan International Development Co (ROCO:3252) Debt-to-EBITDA : 13.56 (As of Jun. 2026) — Near Median

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ROCO:3252 Haewan International Development Co Ltd ROCO:3252
69 GF Score
Price NT$15.95
GF Value NT$19.00
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Haewan International Development Co Debt-to-EBITDA?

Haewan International Development Co ROCO:3252 -1.24% 69 Debt-to-EBITDA is 13.56 as of Jun. 2026, which is 9% above its 10-year median of 12.39. GuruFocus rates ROCO:3252 with a GF Score™ of 69/100 and a GF Value™ of NT$19.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 656 Travel & Leisure companies, Haewan International Development Co ranks worse than 90.09% on this metric.

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

Haewan International Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$276.9 Mil. Haewan International Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,243.5 Mil. Haewan International Development Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$112.1 Mil. Haewan International Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 13.56.

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

ROCO:3252' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.31   Med: 12.39   Max: 132.54
Current: 9.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Haewan International Development Co was 132.54. The lowest was 8.31. And the median was 12.39.

ROCO:3252's Debt-to-EBITDA is ranked worse than
90.09% of 656 companies
in the Travel & Leisure industry
Industry Median: 2.475 vs ROCO:3252: 9.88

Haewan International Development Co  (ROCO:3252) 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.


Haewan International Development Co Debt-to-EBITDA Related Terms


Haewan International Development Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Haewan International Development 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.

Haewan International Development Co Debt-to-EBITDA Chart

Haewan International Development 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 10.80 11.02 9.77 13.76 10.00

Haewan International Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.57 13.78 7.81 7.58 13.56

ROCO:3252 vs LVS, MGM, WYNN: Debt-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Haewan International Development 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.


Haewan International Development Co Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haewan International Development Co's Debt-to-EBITDA distribution charts can be found below:

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


ROCO:3252
69GF Score
Haewan International Development Co Ltd ROCO:3252
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haewan International Development Co Debt-to-EBITDA Calculation

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

Haewan International Development 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
=(245.702 + 1275.052) / 152.124
=10.00

Haewan International Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(276.931 + 1243.526) / 112.136
=13.56

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 13.56 mean?
Haewan International Development Co (ROCO:3252) has a Debt-to-EBITDA of 13.56 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 Haewan International Development Co. This is near median its historical median of 12.39. Over the past decade, Haewan International Development Co's Debt-to-EBITDA has ranged from 8.31 to 132.54. According to the industry distribution chart, Haewan International Development Co ranks #591 out of 656 companies in the Travel & Leisure industry, placing it in the top 90.1%.
Is Haewan International Development Co's Debt-to-EBITDA too high?
Haewan International Development Co's current Debt-to-EBITDA of 13.56 is near median its 10-year median of 12.39. Over the past 10 years, this metric has ranged from a low of 8.31 to a high of 132.54. The Travel & Leisure industry median Debt-to-EBITDA is 2.48. Haewan International Development Co's value of 13.56 is 447.9% above this industry median. Based on the distribution chart, Haewan International Development Co ranks #591 out of 656 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Haewan International Development Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haewan International Development Co's Debt-to-EBITDA compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Haewan International Development Co ranks #591 out of 656 companies for Debt-to-EBITDA. This places Haewan International Development Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.48. Haewan International Development Co's value of 13.56 is 447.9% above this benchmark. Historically, Haewan International Development Co's own Debt-to-EBITDA has ranged from 8.31 to 132.54 over the past decade. While the company's 10-year median is 12.39 vs. the industry median of 2.48, Haewan International Development 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.48, based on 656 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. Haewan International Development Co's current Debt-to-EBITDA of 13.56 is 447.9% 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 Haewan International Development Co. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haewan International Development Co's current Debt-to-EBITDA is 13.56, which is near median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haewan International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Haewan International Development Co (ROCO:3252) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.00, compared to a current price of NT$15.95 — trading 16.1% below its estimated fair value. The current Debt-to-EBITDA is 13.56, which is near median its 10-year median of 12.39 and 447.9% above the Travel & Leisure industry median of 2.48. Haewan International Development Co's overall GF Score™ is 69/100 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 Haewan International Development Co (ROCO:3252), the current Debt-to-EBITDA is 13.56 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 Haewan International Development Co (ROCO:3252) Overvalued in 2026?

Based on GuruFocus' analysis, Haewan International Development Co stock appears to be undervalued. The current stock price of NT$15.95 is trading 16.1% below its estimated GF Value™ of NT$19.00. GuruFocus considers Haewan International Development Co to be Modestly Undervalued.

Key valuation signals for ROCO:3252:

  • Debt-to-EBITDA: 13.56 (near median its 10-year median of 12.39)
  • GF Value™: NT$19.00 vs. price of NT$15.95 (16.1% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 447.9% above the Travel & Leisure median (#591 of 656)

No single metric tells the full story. See the ROCO:3252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haewan International Development Co Business Description

Address No.22, Dahe Road, 3rd Floor, Minlongli, West District, Taichung, TWN, 403
Haewan International Development Co Ltd develops a residential property and operates hotels in Taiwan. The company's main business projects include (1) General hotel industry. (2) Residential and building development and leasing industry. (3) Real estate trading industry.
69GF Score

Get the complete analysis for ROCO:3252

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

NT$15.95
Price
NT$19.00
GF Value