First Hi-Tec Co (ROCO:5439) Debt-to-EBITDA : 1.44 (As of Jun. 2026) — 243% Above Median

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ROCO:5439 First Hi-Tec Co Ltd ROCO:5439
90 GF Score
Price NT$249.50
GF Value NT$322.06
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is First Hi-Tec Co Debt-to-EBITDA?

First Hi-Tec Co ROCO:5439 -3.29% 90 Debt-to-EBITDA is 1.44 as of Jun. 2026, which is 243% above its 10-year median of 0.42. GuruFocus rates ROCO:5439 with a GF Score™ of 90/100 and a GF Value™ of NT$322.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,800 Hardware companies, First Hi-Tec Co ranks better than 55.22% on this metric.

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

First Hi-Tec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$519 Mil. First Hi-Tec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$3,072 Mil. First Hi-Tec Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$2,497 Mil. First Hi-Tec Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 1.44.

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 First Hi-Tec Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:5439' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06   Med: 0.42   Max: 1.78
Current: 1.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of First Hi-Tec Co was 1.78. The lowest was 0.06. And the median was 0.42.

ROCO:5439's Debt-to-EBITDA is ranked better than
55.22% of 1800 companies
in the Hardware industry
Industry Median: 1.72 vs ROCO:5439: 1.44

First Hi-Tec Co  (ROCO:5439) 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.


First Hi-Tec Co Debt-to-EBITDA Related Terms


First Hi-Tec Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for First Hi-Tec 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.

First Hi-Tec Co Debt-to-EBITDA Chart

First Hi-Tec 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 0.53 0.55 0.66 1.55 1.78

First Hi-Tec 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 2.17 1.17 1.42 1.58 1.44

ROCO:5439 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, First Hi-Tec 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.


First Hi-Tec Co Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, First Hi-Tec Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Hi-Tec Co's Debt-to-EBITDA falls into.


ROCO:5439
90GF Score
First Hi-Tec Co Ltd ROCO:5439
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Hi-Tec Co Debt-to-EBITDA Calculation

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

First Hi-Tec 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
=(789.101 + 2610.962) / 1909.784
=1.78

First Hi-Tec 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
=(519.008 + 3072.067) / 2496.512
=1.44

* 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 1.44 mean?
First Hi-Tec Co (ROCO:5439) has a Debt-to-EBITDA of 1.44 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 First Hi-Tec Co. This is 243% above median its historical median of 0.42. Over the past decade, First Hi-Tec Co's Debt-to-EBITDA has ranged from 0.06 to 1.78. According to the industry distribution chart, First Hi-Tec Co ranks #806 out of 1800 companies in the Hardware industry, placing it in the top 44.8%.
Is First Hi-Tec Co's Debt-to-EBITDA too high?
First Hi-Tec Co's current Debt-to-EBITDA of 1.44 is 243% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.78. The Hardware industry median Debt-to-EBITDA is 1.72. First Hi-Tec Co's value of 1.44 is 16.3% below this industry median. Based on the distribution chart, First Hi-Tec Co ranks #806 out of 1800 companies in the Hardware industry, which is above the industry midpoint. Overall, First Hi-Tec Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, First Hi-Tec Co ranks #806 out of 1800 companies for Debt-to-EBITDA. This puts First Hi-Tec Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.72. First Hi-Tec Co's value of 1.44 is 16.3% below this benchmark. Historically, First Hi-Tec Co's own Debt-to-EBITDA has ranged from 0.06 to 1.78 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.72, First Hi-Tec Co has consistently been below 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 1.72, based on 1,800 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. First Hi-Tec Co's current Debt-to-EBITDA of 1.44 is 16.3% below 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 First Hi-Tec Co. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hi-Tec Co's current Debt-to-EBITDA is 1.44, which is 243% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$322.06, compared to a current price of NT$249.50 — trading 22.5% below its estimated fair value. The current Debt-to-EBITDA is 1.44, which is 243% above median its 10-year median of 0.42 and 16.3% below the Hardware industry median of 1.72. First Hi-Tec Co's overall GF Score™ is 90/100 with 4 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 First Hi-Tec Co (ROCO:5439), the current Debt-to-EBITDA is 1.44 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 First Hi-Tec Co (ROCO:5439) Overvalued in 2026?

Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be undervalued. The current stock price of NT$249.50 is trading 22.5% below its estimated GF Value™ of NT$322.06. GuruFocus considers First Hi-Tec Co to be Modestly Undervalued.

Key valuation signals for ROCO:5439:

  • Debt-to-EBITDA: 1.44 (243% above median its 10-year median of 0.42)
  • GF Value™: NT$322.06 vs. price of NT$249.50 (22.5% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 16.3% below the Hardware median (#806 of 1800)

No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hi-Tec Co Business Description

Address No.3, Lane 43, Xingbang Road, Taoyuan District, Taoyuan City, TWN, 330
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
90GF Score

Get the complete analysis for ROCO:5439

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

NT$249.50
Price
NT$322.06
GF Value