Zen Voce (ROCO:3581) Debt-to-EBITDA : 1.79 (As of Jun. 2026) — 41% Below Median

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ROCO:3581 Zen Voce Corp ROCO:3581
65 GF Score
Price NT$105.50
GF Value NT$58.98
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zen Voce Debt-to-EBITDA?

Zen Voce ROCO:3581 -2.31% 65 Debt-to-EBITDA is 1.79 as of Jun. 2026, which is 41% below its 10-year median of 3.02. GuruFocus rates ROCO:3581 with a GF Score™ of 65/100 and a GF Value™ of NT$58.98 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 744 Semiconductors companies, Zen Voce ranks worse than 59.54% on this metric.

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

Zen Voce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$440 Mil. Zen Voce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$3 Mil. Zen Voce's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$248 Mil. Zen Voce's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.79.

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 Zen Voce's Debt-to-EBITDA or its related term are showing as below:

ROCO:3581' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.85   Med: 3.02   Max: 4.2
Current: 1.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Zen Voce was 4.20. The lowest was 1.85. And the median was 3.02.

ROCO:3581's Debt-to-EBITDA is ranked worse than
59.54% of 744 companies
in the Semiconductors industry
Industry Median: 1.26 vs ROCO:3581: 1.85

Zen Voce  (ROCO:3581) 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.


Zen Voce Debt-to-EBITDA Related Terms


Zen Voce Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Zen Voce'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.

Zen Voce Debt-to-EBITDA Chart

Zen Voce 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 2.50 2.87 4.02 3.00 2.46

Zen Voce 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 194.77 1.40 1.44 2.58 1.79

ROCO:3581 vs NVDA, AVGO, MU: Debt-to-EBITDA Comparison

For the Semiconductors subindustry, Zen Voce'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.


Zen Voce Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Zen Voce's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zen Voce's Debt-to-EBITDA falls into.


ROCO:3581
65GF Score
Zen Voce Corp ROCO:3581
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zen Voce Debt-to-EBITDA Calculation

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

Zen Voce'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
=(383.389 + 1.051) / 155.997
=2.46

Zen Voce'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
=(440.166 + 2.748) / 247.656
=1.79

* 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 1.79 mean?
Zen Voce (ROCO:3581) has a Debt-to-EBITDA of 1.79 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 Zen Voce. This is 41% below median its historical median of 3.02. Over the past decade, Zen Voce's Debt-to-EBITDA has ranged from 1.85 to 4.20. According to the industry distribution chart, Zen Voce ranks #443 out of 744 companies in the Semiconductors industry, placing it in the top 59.5%.
Is Zen Voce's Debt-to-EBITDA too high?
Zen Voce's current Debt-to-EBITDA of 1.79 is 41% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 4.20. The Semiconductors industry median Debt-to-EBITDA is 1.26. Zen Voce's value of 1.79 is 42.1% above this industry median. Based on the distribution chart, Zen Voce ranks #443 out of 744 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Zen Voce has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zen Voce's Debt-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Zen Voce ranks #443 out of 744 companies for Debt-to-EBITDA. This places Zen Voce in the lower half of its industry. The industry median Debt-to-EBITDA is 1.26. Zen Voce's value of 1.79 is 42.1% above this benchmark. Historically, Zen Voce's own Debt-to-EBITDA has ranged from 1.85 to 4.20 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.26, Zen Voce 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.26, based on 744 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. Zen Voce's current Debt-to-EBITDA of 1.79 is 42.1% 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 Zen Voce. For the Semiconductors industry, the median Debt-to-EBITDA is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zen Voce's current Debt-to-EBITDA is 1.79, which is 41% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Voce stock overvalued right now?
Based on GuruFocus' analysis, Zen Voce (ROCO:3581) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$58.98, compared to a current price of NT$105.50 — trading 78.9% above its estimated fair value. The current Debt-to-EBITDA is 1.79, which is 41% below median its 10-year median of 3.02 and 42.1% above the Semiconductors industry median of 1.26. Zen Voce's overall GF Score™ is 65/100 with 2 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 Zen Voce (ROCO:3581), the current Debt-to-EBITDA is 1.79 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 Zen Voce (ROCO:3581) Overvalued in 2026?

Based on GuruFocus' analysis, Zen Voce stock appears to be overvalued. The current stock price of NT$105.50 is trading 78.9% above its estimated GF Value™ of NT$58.98. GuruFocus considers Zen Voce to be Significantly Overvalued.

Key valuation signals for ROCO:3581:

  • Debt-to-EBITDA: 1.79 (41% below median its 10-year median of 3.02)
  • GF Value™: NT$58.98 vs. price of NT$105.50 (78.9% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 42.1% above the Semiconductors median (#443 of 744)

No single metric tells the full story. See the ROCO:3581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zen Voce Business Description

Address No. 53, Jinggong Road, Sinfong Township, Hsinchu, TWN, 30441
Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.
65GF Score

Get the complete analysis for ROCO:3581

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

NT$105.50
Price
NT$58.98
GF Value