Axman Enterprise Co (ROCO:6804) Debt-to-EBITDA : 2.67 (As of Jun. 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:6804 Axman Enterprise Co Ltd ROCO:6804
72 GF Score
Price NT$18.40
GF Value NT$14.99
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Axman Enterprise Co Debt-to-EBITDA?

Axman Enterprise Co ROCO:6804 -0.81% 72 Debt-to-EBITDA is 2.67 as of Jun. 2026, which is 39% below its 10-year median of 4.35. GuruFocus rates ROCO:6804 with a GF Score™ of 72/100 and a GF Value™ of NT$14.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 655 Travel & Leisure companies, Axman Enterprise Co ranks worse than 152671.6% on this metric.

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

Axman Enterprise Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$149 Mil. Axman Enterprise Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$123 Mil. Axman Enterprise Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$102 Mil. Axman Enterprise Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.67.

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

ROCO:6804' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.99   Med: 4.35   Max: 9.61
Current: -38.99

During the past 8 years, the highest Debt-to-EBITDA Ratio of Axman Enterprise Co was 9.61. The lowest was -38.99. And the median was 4.35.

ROCO:6804's Debt-to-EBITDA is ranked worse than
100% of 655 companies
in the Travel & Leisure industry
Industry Median: 2.45 vs ROCO:6804: -38.99

Axman Enterprise Co  (ROCO:6804) 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.


Axman Enterprise Co Debt-to-EBITDA Related Terms


Axman Enterprise Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Axman Enterprise 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.

Axman Enterprise Co Debt-to-EBITDA Chart

Axman Enterprise Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 8.05 2.03 2.37 -6.68 -7.56

Axman Enterprise 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 -2.35 -7.48 -3.89 7.36 2.67

ROCO:6804 vs AS, HAS, LTH: Debt-to-EBITDA Comparison

For the Leisure subindustry, Axman Enterprise 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.


Axman Enterprise Co Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Axman Enterprise Co's Debt-to-EBITDA distribution charts can be found below:

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


ROCO:6804
72GF Score
Axman Enterprise Co Ltd ROCO:6804
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axman Enterprise Co Debt-to-EBITDA Calculation

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

Axman Enterprise 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
=(397.166 + 140.377) / -71.143
=-7.56

Axman Enterprise 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
=(149.478 + 123.444) / 102.32
=2.67

* 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 2.67 mean?
Axman Enterprise Co (ROCO:6804) has a Debt-to-EBITDA of 2.67 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 Axman Enterprise Co. This is 39% below median its historical median of 4.35. According to the industry distribution chart, Axman Enterprise Co ranks #999999 out of 655 companies in the Travel & Leisure industry.
Is Axman Enterprise Co's Debt-to-EBITDA too high?
Axman Enterprise Co's current Debt-to-EBITDA of 2.67 is 39% below median its 10-year median of 4.35. The Travel & Leisure industry median Debt-to-EBITDA is 2.45. Axman Enterprise Co's value of 2.67 is 9% above this industry median. Based on the distribution chart, Axman Enterprise Co ranks #999999 out of 655 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Axman Enterprise Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axman Enterprise Co's Debt-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Axman Enterprise Co ranks #999999 out of 655 companies for Debt-to-EBITDA. This places Axman Enterprise Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.45. Axman Enterprise Co's value of 2.67 is 9% above this benchmark. While the company's 10-year median is 4.35 vs. the industry median of 2.45, Axman Enterprise 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.45, based on 655 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. Axman Enterprise Co's current Debt-to-EBITDA of 2.67 is 9% 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 Axman Enterprise Co. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axman Enterprise Co's current Debt-to-EBITDA is 2.67, which is 39% below median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axman Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Axman Enterprise Co (ROCO:6804) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$14.99, compared to a current price of NT$18.40 — trading 22.7% above its estimated fair value. The current Debt-to-EBITDA is 2.67, which is 39% below median its 10-year median of 4.35 and 9% above the Travel & Leisure industry median of 2.45. Axman Enterprise Co's overall GF Score™ is 72/100 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 Axman Enterprise Co (ROCO:6804), the current Debt-to-EBITDA is 2.67 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 Axman Enterprise Co (ROCO:6804) Overvalued in 2026?

Based on GuruFocus' analysis, Axman Enterprise Co stock appears to be overvalued. The current stock price of NT$18.40 is trading 22.7% above its estimated GF Value™ of NT$14.99. GuruFocus considers Axman Enterprise Co to be Modestly Overvalued.

Key valuation signals for ROCO:6804:

  • Debt-to-EBITDA: 2.67 (39% below median its 10-year median of 4.35)
  • GF Value™: NT$14.99 vs. price of NT$18.40 (22.7% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 9% above the Travel & Leisure median (#999999 of 655)

No single metric tells the full story. See the ROCO:6804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axman Enterprise Co Business Description

Address Zhongshan Road, Section 3, No. 1, Dacun Township, Changhua County, Changhua, TWN, 515
Axman Enterprise Co Ltd is engaged in the design and manufacture of bicycles, road bikes, and mountain bikes. It also manufactures and supplies carbon fiber frame sets. Geographically, the company generates the majority of its revenue from America, and the rest from Canada, the United Kingdom, Germany, and other markets.
72GF Score

Get the complete analysis for ROCO:6804

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

NT$18.40
Price
NT$14.99
GF Value