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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 Forward Electronics Co's Debt-to-EBITDA or its related term are showing as below:
ROCO:8085'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -40.95 Med: -5 Max: 2721.68
Current: 2721.68
During the past 13 years, the highest Debt-to-EBITDA Ratio of Forward Electronics Co was 2721.68. The lowest was -40.95. And the median was -5.00.
ROCO:8085's Debt-to-EBITDA is ranked worse than 100% of 1808
companies
in the Hardware industry
Industry Median: 1.64
vs ROCO:8085: 2721.68
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.
Forward Electronics Co Debt-to-EBITDA Related Terms
Forward Electronics Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Forward Electronics 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.
ROCO:8085 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Forward Electronics 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.
Forward Electronics Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Forward Electronics Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Forward Electronics Co's Debt-to-EBITDA falls into.
* 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.
Forward Electronics Co (ROCO:8085) has a Debt-to-EBITDA of -9.33 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 Forward Electronics Co. According to the industry distribution chart, Forward Electronics Co ranks #1808 out of 1808 companies in the Hardware industry.
Is Forward Electronics Co's Debt-to-EBITDA too high?
Forward Electronics Co's current Debt-to-EBITDA is -9.33. Based on the distribution chart, Forward Electronics Co ranks #1808 out of 1808 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Forward Electronics Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Electronics Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Forward Electronics Co ranks #1808 out of 1808 companies for Debt-to-EBITDA. This places Forward Electronics Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. 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 1.64, based on 1,808 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. 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 Forward Electronics Co. For the Hardware industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Electronics Co's current Debt-to-EBITDA is -9.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Electronics Co (ROCO:8085) is currently considered Possible Value Trap. The stock's GF Value™ is NT$28.69, compared to a current price of NT$13.90 — trading 51.6% below its estimated fair value. The current Debt-to-EBITDA is -9.33. Forward Electronics Co's overall GF Score™ is 49/100 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 Forward Electronics Co (ROCO:8085), the current Debt-to-EBITDA is -9.33 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 Forward Electronics Co (ROCO:8085) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Electronics Co stock appears to be undervalued.
The current stock price of NT$13.90 is trading 51.6% below its estimated GF Value™ of NT$28.69.
GuruFocus considers Forward Electronics Co to be Possible Value Trap.
Key valuation signals for ROCO:8085:
Debt-to-EBITDA: -9.33
GF Value™: NT$28.69 vs. price of NT$13.90 (51.6% below fair value)
No single metric tells the full story. See the ROCO:8085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Electronics Co Ltd is engaged in the manufacturing, development, and sales of backlight modules, liquid crystal display modules, switches, variable resistors, sensors, and bit generators, Produces peripheral products for information appliances, including game consoles, vehicle anti-collision systems, and lighting products as well as carbon credits development, carbon neutral consulting, and energy storage solutions. Company has divided its business into three segments Optoelectronic segment, Electronics components products segment and Electronics applications products segment. Geographically, company has it's presence in Mainland China, Taiwan and others.
49GF Score
Get the complete analysis for ROCO:8085
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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