Chang Wah Technology Co (ROCO:6548) Debt-to-EBITDA : 2.05 (As of Jun. 2026) — Near Median

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ROCO:6548 Chang Wah Technology Co Ltd ROCO:6548
75 GF Score
Price NT$75.00
GF Value NT$45.82
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Chang Wah Technology Co Debt-to-EBITDA?

Chang Wah Technology Co ROCO:6548 +1.21% 75 Debt-to-EBITDA is 2.05 as of Jun. 2026, which is 6% above its 10-year median of 1.93. GuruFocus rates ROCO:6548 with a GF Score™ of 75/100 and a GF Value™ of NT$45.82 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 747 Semiconductors companies, Chang Wah Technology Co ranks worse than 64.66% on this metric.

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

Chang Wah Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$4,563 Mil. Chang Wah Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$3,961 Mil. Chang Wah Technology Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$4,168 Mil. Chang Wah Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.05.

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 Chang Wah Technology Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:6548' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 1.93   Max: 2.82
Current: 2.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chang Wah Technology Co was 2.82. The lowest was 1.07. And the median was 1.93.

ROCO:6548's Debt-to-EBITDA is ranked worse than
64.66% of 747 companies
in the Semiconductors industry
Industry Median: 1.34 vs ROCO:6548: 2.42

Chang Wah Technology Co  (ROCO:6548) 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.


Chang Wah Technology Co Debt-to-EBITDA Related Terms


Chang Wah Technology Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Chang Wah Technology 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.

Chang Wah Technology Co Debt-to-EBITDA Chart

Chang Wah Technology 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 1.15 1.07 2.14 1.93 2.70

Chang Wah Technology 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 5.95 2.28 2.29 2.46 2.05

ROCO:6548 vs NVDA, AVGO, MU: Debt-to-EBITDA Comparison

For the Semiconductors subindustry, Chang Wah Technology 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.


Chang Wah Technology Co Debt-to-EBITDA vs Semiconductors Industry

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

* The bar in red indicates where Chang Wah Technology Co's Debt-to-EBITDA falls into.


ROCO:6548
75GF Score
Chang Wah Technology Co Ltd ROCO:6548
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chang Wah Technology Co Debt-to-EBITDA Calculation

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

Chang Wah Technology 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
=(1937.909 + 5494.537) / 2753.337
=2.70

Chang Wah Technology 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
=(4563.46 + 3961.244) / 4167.644
=2.05

* 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 2.05 mean?
Chang Wah Technology Co (ROCO:6548) has a Debt-to-EBITDA of 2.05 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 Chang Wah Technology Co. This is near median its historical median of 1.93. Over the past decade, Chang Wah Technology Co's Debt-to-EBITDA has ranged from 1.07 to 2.82. According to the industry distribution chart, Chang Wah Technology Co ranks #483 out of 747 companies in the Semiconductors industry, placing it in the top 64.7%.
Is Chang Wah Technology Co's Debt-to-EBITDA too high?
Chang Wah Technology Co's current Debt-to-EBITDA of 2.05 is near median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.82. The Semiconductors industry median Debt-to-EBITDA is 1.34. Chang Wah Technology Co's value of 2.05 is 53% above this industry median. Based on the distribution chart, Chang Wah Technology Co ranks #483 out of 747 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Chang Wah Technology Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Technology Co's Debt-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Chang Wah Technology Co ranks #483 out of 747 companies for Debt-to-EBITDA. This places Chang Wah Technology Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.34. Chang Wah Technology Co's value of 2.05 is 53% above this benchmark. Historically, Chang Wah Technology Co's own Debt-to-EBITDA has ranged from 1.07 to 2.82 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.34, Chang Wah Technology 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.34, based on 747 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. Chang Wah Technology Co's current Debt-to-EBITDA of 2.05 is 53% 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 Chang Wah Technology Co. For the Semiconductors industry, the median Debt-to-EBITDA is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Wah Technology Co's current Debt-to-EBITDA is 2.05, which is near median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Technology Co (ROCO:6548) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$45.82, compared to a current price of NT$75.00 — trading 63.7% above its estimated fair value. The current Debt-to-EBITDA is 2.05, which is near median its 10-year median of 1.93 and 53% above the Semiconductors industry median of 1.34. Chang Wah Technology Co's overall GF Score™ is 75/100 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 Chang Wah Technology Co (ROCO:6548), the current Debt-to-EBITDA is 2.05 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 Chang Wah Technology Co (ROCO:6548) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Wah Technology Co stock appears to be overvalued. The current stock price of NT$75.00 is trading 63.7% above its estimated GF Value™ of NT$45.82. GuruFocus considers Chang Wah Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6548:

  • Debt-to-EBITDA: 2.05 (near median its 10-year median of 1.93)
  • GF Value™: NT$45.82 vs. price of NT$75.00 (63.7% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 53% above the Semiconductors median (#483 of 747)

No single metric tells the full story. See the ROCO:6548 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Wah Technology Co Business Description

Address No. 24, Kaifa Road, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Technology Co Ltd mainly manufactures industrial plastic products and electronics components, and sells electronics components and machinery, and tools. The company focuses on manufacturing semiconductor frames, offering different products such as IC-Pin lead Frame, IC-Leadless lead Frame, IC-Special surface treatment, EMC lead frame, and PreMold lead frame. Along with its subsidiaries, the company operates in the following reportable segments: CWTC, CWTS, SHAP, Shing Zheng Investment, SHEC, SHPC, SHS, MSHE, WSP, and CWES. Maximum revenue is generated from its CWTC segment. Geographically, the group operates in Taiwan, Asia, and other regions.
75GF Score

Get the complete analysis for ROCO:6548

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

NT$75.00
Price
NT$45.82
GF Value