TSG Development Co (ROCO:3521) Debt-to-EBITDA : (As of Jun. 2026)

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ROCO:3521 TSG Development Co Ltd ROCO:3521
54 GF Score
Price NT$12.00
GF Value NT$2.68
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is TSG Development Co Debt-to-EBITDA?

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

TSG Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$5.12 Mil. TSG Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$18.58 Mil. TSG Development Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$-73.24 Mil. TSG Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.32.

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

ROCO:3521' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -86.16   Med: -9.64   Max: 15.04
Current: 0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of TSG Development Co was 15.04. The lowest was -86.16. And the median was -9.64.

ROCO:3521's Debt-to-EBITDA is ranked better than
94.82% of 1408 companies
in the Construction industry
Industry Median: 2.1 vs ROCO:3521: 0.07

TSG Development Co  (ROCO:3521) 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.


TSG Development Co Debt-to-EBITDA Related Terms


TSG Development Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TSG 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.

TSG Development Co Debt-to-EBITDA Chart

TSG Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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TSG Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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ROCO:3521 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, TSG 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.


TSG Development Co Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, TSG Development Co's Debt-to-EBITDA distribution charts can be found below:

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


ROCO:3521
54GF Score
TSG Development Co Ltd ROCO:3521
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSG Development Co Debt-to-EBITDA Calculation

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

TSG 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
=(279.992 + 4.194) / 35.69
=7.96

TSG 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
=(5.119 + 18.579) / -73.236
=-0.32

* 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.

Is TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$12.00 is trading 347.8% above its estimated GF Value™ of NT$2.68. GuruFocus considers TSG Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:3521:

  • Debt-to-EBITDA:
  • GF Value™: NT$2.68 vs. price of NT$12.00 (347.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
54GF Score

Get the complete analysis for ROCO:3521

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

NT$12.00
Price
NT$2.68
GF Value