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Harmony ElectronicsROCO:8182 +2.24%67 Debt-to-EBITDA is 2.63 as of Jun. 2026, which is 49% above its 10-year median of 1.76. GuruFocus rates ROCO:8182 with a GF Score™ of 67/100 and a GF Value™ of NT$33.95 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,799 Hardware companies, Harmony Electronics ranks worse than 61.87% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Harmony Electronics's Debt-to-EBITDA or its related term are showing as below:
ROCO:8182'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.21 Med: 1.76 Max: 3.02
Current: 2.56
During the past 13 years, the highest Debt-to-EBITDA Ratio of Harmony Electronics was 3.02. The lowest was 1.21. And the median was 1.76.
ROCO:8182's Debt-to-EBITDA is ranked worse than 61.87% of 1799
companies
in the Hardware industry
Industry Median: 1.72
vs ROCO:8182: 2.56
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.
Harmony Electronics Debt-to-EBITDA Related Terms
Harmony Electronics Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Harmony Electronics'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:8182 vs GRMN, COHR, KEYS: Debt-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, Harmony Electronics'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.
Harmony Electronics Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Harmony Electronics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Harmony Electronics'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.
Harmony Electronics (ROCO:8182) has a Debt-to-EBITDA of 2.63 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 Harmony Electronics. This is 49% above median its historical median of 1.76. Over the past decade, Harmony Electronics' Debt-to-EBITDA has ranged from 1.21 to 3.02. According to the industry distribution chart, Harmony Electronics ranks #1113 out of 1799 companies in the Hardware industry, placing it in the top 61.9%.
Is Harmony Electronics' Debt-to-EBITDA too high?
Harmony Electronics' current Debt-to-EBITDA of 2.63 is 49% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.02. The Hardware industry median Debt-to-EBITDA is 1.72. Harmony Electronics' value of 2.63 is 52.9% above this industry median. Based on the distribution chart, Harmony Electronics ranks #1113 out of 1799 companies in the Hardware industry, which is below the industry midpoint. Overall, Harmony Electronics has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Electronics' Debt-to-EBITDA compare to GRMN and COHR?
According to the Hardware industry distribution chart, Harmony Electronics ranks #1113 out of 1799 companies for Debt-to-EBITDA. This places Harmony Electronics in the lower half of its industry. The industry median Debt-to-EBITDA is 1.72. Harmony Electronics' value of 2.63 is 52.9% above this benchmark. Historically, Harmony Electronics' own Debt-to-EBITDA has ranged from 1.21 to 3.02 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.72, Harmony Electronics 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,799 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. Harmony Electronics's current Debt-to-EBITDA of 2.63 is 52.9% 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 Harmony Electronics. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmony Electronics's current Debt-to-EBITDA is 2.63, which is 49% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Electronics stock overvalued right now?
Based on GuruFocus' analysis, Harmony Electronics (ROCO:8182) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$33.95, compared to a current price of NT$38.85 — trading 14.4% above its estimated fair value. The current Debt-to-EBITDA is 2.63, which is 49% above median its 10-year median of 1.76 and 52.9% above the Hardware industry median of 1.72. Harmony Electronics' overall GF Score™ is 67/100 with 9 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 Harmony Electronics (ROCO:8182), the current Debt-to-EBITDA is 2.63 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 Harmony Electronics (ROCO:8182) Overvalued in 2026?
Based on GuruFocus' analysis, Harmony Electronics stock appears to be overvalued.
The current stock price of NT$38.85 is trading 14.4% above its estimated GF Value™ of NT$33.95.
GuruFocus considers Harmony Electronics to be Modestly Overvalued.
Key valuation signals for ROCO:8182:
Debt-to-EBITDA: 2.63 (49% above median its 10-year median of 1.76)
GF Value™: NT$33.95 vs. price of NT$38.85 (14.4% above fair value)
Industry Position: 52.9% above the Hardware median (#1113 of 1799)
No single metric tells the full story. See the ROCO:8182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmony Electronics Corp is engaged in manufacturing, processing, trading, and import and export of quartz crystals, quartz oscillators, and wave filters. Its geographical regions include Taiwan which generates key revenue, Thailand, Japan, China, and Others. The company product categories include Crystal, 2-in-1 Thermistor Crystal, Oscillator, MEMS Microphone, and others. Its application is used in Data Communication, Consumer, Industrial, and systems.
67GF Score
Get the complete analysis for ROCO:8182
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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