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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 Formosa Electronic Industries's Debt-to-EBITDA or its related term are showing as below:
ROCO:8171'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -127.25 Med: -4.32 Max: 3.01
Current: -11.68
During the past 13 years, the highest Debt-to-EBITDA Ratio of Formosa Electronic Industries was 3.01. The lowest was -127.25. And the median was -4.32.
ROCO:8171's Debt-to-EBITDA is ranked worse than 100% of 1804
companies
in the Hardware industry
Industry Median: 1.695
vs ROCO:8171: -11.68
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.
Formosa Electronic Industries Debt-to-EBITDA Related Terms
Formosa Electronic Industries Debt-to-EBITDA Historical Data
* 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:8171 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Formosa Electronic Industries'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.
Formosa Electronic Industries Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Formosa Electronic Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Formosa Electronic Industries'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.
Formosa Electronic Industries (ROCO:8171) has a Debt-to-EBITDA of -12.49 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 Formosa Electronic Industries. According to the industry distribution chart, Formosa Electronic Industries ranks #999999 out of 1804 companies in the Hardware industry.
Is Formosa Electronic Industries' Debt-to-EBITDA too high?
Formosa Electronic Industries' current Debt-to-EBITDA is -12.49. Based on the distribution chart, Formosa Electronic Industries ranks #999999 out of 1804 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Formosa Electronic Industries has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Electronic Industries' Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Formosa Electronic Industries ranks #999999 out of 1804 companies for Debt-to-EBITDA. This places Formosa Electronic Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. 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 1.70, based on 1,804 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 Formosa Electronic Industries. For the Hardware industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Electronic Industries's current Debt-to-EBITDA is -12.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Electronic Industries stock overvalued right now?
Based on GuruFocus' analysis, Formosa Electronic Industries (ROCO:8171) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.94, compared to a current price of NT$19.80 — trading 81% above its estimated fair value. The current Debt-to-EBITDA is -12.49. Formosa Electronic Industries' overall GF Score™ is 49/100 with 7 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 Formosa Electronic Industries (ROCO:8171), the current Debt-to-EBITDA is -12.49 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 Formosa Electronic Industries (ROCO:8171) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Electronic Industries stock appears to be overvalued.
The current stock price of NT$19.80 is trading 81% above its estimated GF Value™ of NT$10.94.
GuruFocus considers Formosa Electronic Industries to be Significantly Overvalued.
Key valuation signals for ROCO:8171:
Debt-to-EBITDA: -12.49
GF Value™: NT$10.94 vs. price of NT$19.80 (81% above fair value)
No single metric tells the full story. See the ROCO:8171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Electronic Industries Inc is engaged in the assembly, processing, manufacturing, trading, agent distribution, and trading of single-string parallel battery modules, mobile power supplies, wireless chargers, green energy battery modules, and distributed energy storage systems. The Company's other products include wireless chargers, power adapters, accessories, OEM, and green products.
49GF Score
Get the complete analysis for ROCO:8171
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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