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Shin HsiungNatural GasROCO:8908 -0.12%78 Debt-to-EBITDA is 3.14 as of Mar. 2026, which is 77% above its 10-year median of 1.77. GuruFocus rates ROCO:8908 with a GF Score™ of 78/100 and a GF Value™ of NT$69.40 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 448 Utilities - Regulated companies, Shin HsiungNatural Gas ranks better than 62.05% 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 Shin HsiungNatural Gas's Debt-to-EBITDA or its related term are showing as below:
ROCO:8908'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.17 Med: 1.77 Max: 2.92
Current: 2.89
During the past 13 years, the highest Debt-to-EBITDA Ratio of Shin HsiungNatural Gas was 2.92. The lowest was 1.17. And the median was 1.77.
ROCO:8908's Debt-to-EBITDA is ranked better than 62.05% of 448
companies
in the Utilities - Regulated industry
Industry Median: 4.005
vs ROCO:8908: 2.89
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.
Shin HsiungNatural Gas Debt-to-EBITDA Related Terms
Shin HsiungNatural Gas Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Shin HsiungNatural Gas'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:8908 vs ATO, NI, UGI: Debt-to-EBITDA Comparison
For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.
Shin HsiungNatural Gas Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shin HsiungNatural Gas'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 (Mar. 2026) EBITDA data.
Shin HsiungNatural Gas (ROCO:8908) has a Debt-to-EBITDA of 3.14 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Shin HsiungNatural Gas. This is 77% above median its historical median of 1.77. Over the past decade, Shin HsiungNatural Gas' Debt-to-EBITDA has ranged from 1.17 to 2.92. According to the industry distribution chart, Shin HsiungNatural Gas ranks #170 out of 448 companies in the Utilities - Regulated industry, placing it in the top 37.9%.
Is Shin HsiungNatural Gas' Debt-to-EBITDA too high?
Shin HsiungNatural Gas' current Debt-to-EBITDA of 3.14 is 77% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 2.92. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Shin HsiungNatural Gas' value of 3.14 is 21.6% below this industry median. Based on the distribution chart, Shin HsiungNatural Gas ranks #170 out of 448 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Shin HsiungNatural Gas has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin HsiungNatural Gas ranks #170 out of 448 companies for Debt-to-EBITDA. This puts Shin HsiungNatural Gas in the upper half of its industry. The industry median Debt-to-EBITDA is 4.01. Shin HsiungNatural Gas' value of 3.14 is 21.6% below this benchmark. Historically, Shin HsiungNatural Gas' own Debt-to-EBITDA has ranged from 1.17 to 2.92 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 4.01, Shin HsiungNatural Gas has consistently been below 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 448 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. Shin HsiungNatural Gas's current Debt-to-EBITDA of 3.14 is 21.6% below 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 Shin HsiungNatural Gas. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin HsiungNatural Gas's current Debt-to-EBITDA is 3.14, which is 77% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$69.40, compared to a current price of NT$39.95 — trading 42.4% below its estimated fair value. The current Debt-to-EBITDA is 3.14, which is 77% above median its 10-year median of 1.77 and 21.6% below the Utilities - Regulated industry median of 4.01. Shin HsiungNatural Gas' overall GF Score™ is 78/100 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 Shin HsiungNatural Gas (ROCO:8908), the current Debt-to-EBITDA is 3.14 as of Mar. 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 Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?
Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued.
The current stock price of NT$39.95 is trading 42.4% below its estimated GF Value™ of NT$69.40.
GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.
Key valuation signals for ROCO:8908:
Debt-to-EBITDA: 3.14 (77% above median its 10-year median of 1.77)
GF Value™: NT$69.40 vs. price of NT$39.95 (42.4% below fair value)
Industry Position: 21.6% below the Utilities - Regulated median (#170 of 448)
No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
78GF Score
Get the complete analysis for ROCO:8908
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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