Li Ming Development Construction Co (ROCO:6212) Debt-to-EBITDA : 21.09 (As of Jun. 2026) — 135% Above Median

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ROCO:6212 Li Ming Development Construction Co Ltd ROCO:6212
55 GF Score
Price NT$33.15
GF Value NT$16.49
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Li Ming Development Construction Co Debt-to-EBITDA?

Li Ming Development Construction Co ROCO:6212 +2.95% 55 Debt-to-EBITDA is 21.09 as of Jun. 2026, which is 135% above its 10-year median of 8.99. GuruFocus rates ROCO:6212 with a GF Score™ of 55/100 and a GF Value™ of NT$16.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,271 Real Estate companies, Li Ming Development Construction Co ranks worse than 89.38% on this metric.

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

Li Ming Development Construction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$6,575 Mil. Li Ming Development Construction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$0 Mil. Li Ming Development Construction Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$415 Mil. Li Ming Development Construction Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 15.84.

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

ROCO:6212' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.2   Med: 8.99   Max: 45.78
Current: 21.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Li Ming Development Construction Co was 45.78. The lowest was 0.20. And the median was 8.99.

ROCO:6212's Debt-to-EBITDA is ranked worse than
89.38% of 1271 companies
in the Real Estate industry
Industry Median: 5.5 vs ROCO:6212: 21.09

Li Ming Development Construction Co  (ROCO:6212) 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.


Li Ming Development Construction Co Debt-to-EBITDA Related Terms


Li Ming Development Construction Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Li Ming Development Construction 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.

Li Ming Development Construction Co Debt-to-EBITDA Chart

Li Ming Development Construction 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 14.60 36.87 7.16 8.30 12.21

Li Ming Development Construction 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 6.80 6.90 12.21 21.47 21.09

Li Ming Development Construction Co Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Li Ming Development Construction 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.


Li Ming Development Construction Co Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Li Ming Development Construction Co's Debt-to-EBITDA distribution charts can be found below:

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


ROCO:6212
55GF Score
Li Ming Development Construction Co Ltd ROCO:6212
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Li Ming Development Construction Co Debt-to-EBITDA Calculation

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

Li Ming Development Construction 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
=(6700.896 + 0) / 548.799
=12.21

Li Ming Development Construction 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
=(6574.804 + 0) / 415.008
=15.84

* 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 21.09 mean?
Li Ming Development Construction Co (ROCO:6212) has a Debt-to-EBITDA of 21.09 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 Li Ming Development Construction Co. This is 135% above median its historical median of 8.99. Over the past decade, Li Ming Development Construction Co's Debt-to-EBITDA has ranged from 0.20 to 45.78. According to the industry distribution chart, Li Ming Development Construction Co ranks #1136 out of 1271 companies in the Real Estate industry, placing it in the top 89.4%.
Is Li Ming Development Construction Co's Debt-to-EBITDA too high?
Li Ming Development Construction Co's current Debt-to-EBITDA of 21.09 is 135% above median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 45.78. The Real Estate industry median Debt-to-EBITDA is 5.50. Li Ming Development Construction Co's value of 21.09 is 283.5% above this industry median. Based on the distribution chart, Li Ming Development Construction Co ranks #1136 out of 1271 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Li Ming Development Construction Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Li Ming Development Construction Co's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Li Ming Development Construction Co ranks #1136 out of 1271 companies for Debt-to-EBITDA. This places Li Ming Development Construction Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.50. Li Ming Development Construction Co's value of 21.09 is 283.5% above this benchmark. Historically, Li Ming Development Construction Co's own Debt-to-EBITDA has ranged from 0.20 to 45.78 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 5.50, Li Ming Development Construction 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.50, based on 1,271 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. Li Ming Development Construction Co's current Debt-to-EBITDA of 21.09 is 283.5% 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 Li Ming Development Construction Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li Ming Development Construction Co's current Debt-to-EBITDA is 21.09, which is 135% above median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Ming Development Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Li Ming Development Construction Co (ROCO:6212) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.49, compared to a current price of NT$33.15 — trading 101% above its estimated fair value. The current Debt-to-EBITDA is 21.09, which is 135% above median its 10-year median of 8.99 and 283.5% above the Real Estate industry median of 5.50. Li Ming Development Construction Co's overall GF Score™ is 55/100 with 6 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 Li Ming Development Construction Co (ROCO:6212), the current Debt-to-EBITDA is 21.09 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 Li Ming Development Construction Co (ROCO:6212) Overvalued in 2026?

Based on GuruFocus' analysis, Li Ming Development Construction Co stock appears to be overvalued. The current stock price of NT$33.15 is trading 101% above its estimated GF Value™ of NT$16.49. GuruFocus considers Li Ming Development Construction Co to be Significantly Overvalued.

Key valuation signals for ROCO:6212:

  • Debt-to-EBITDA: 21.09 (135% above median its 10-year median of 8.99)
  • GF Value™: NT$16.49 vs. price of NT$33.15 (101% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 283.5% above the Real Estate median (#1136 of 1271)

No single metric tells the full story. See the ROCO:6212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Li Ming Development Construction Co Business Description

Address Gongdao 5th Road, 7th Floor, No. 419, Section 2, Hsinchu, TWN, 30069
Li Ming Development Construction Co Ltd is engaged in the construction, leasing and sale of residential building, decorating and sale of construction materials. The company is also involved in landscape and interior design. It operates in one single segment that is the development of the property segment which is mainly engaged in the commissioning construction of residences and buildings and renting properties. It generates a vast majority of its revenues from Construction.
55GF Score

Get the complete analysis for ROCO:6212

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

NT$33.15
Price
NT$16.49
GF Value