Grinm Advanced Materials Co (SHSE:600206) Debt-to-EBITDA : 2.02 (As of Jun. 2026) — 104% Above Median

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SHSE:600206 Grinm Advanced Materials Co Ltd SHSE:600206
47 GF Score
Price ¥46.69
GF Value ¥21.55
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Grinm Advanced Materials Co Debt-to-EBITDA?

Grinm Advanced Materials Co SHSE:600206 +0.58% 47 Debt-to-EBITDA is 2.02 as of Jun. 2026, which is 104% above its 10-year median of 0.99. GuruFocus rates SHSE:600206 with a GF Score™ of 47/100 and a GF Value™ of ¥21.55 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 744 Semiconductors companies, Grinm Advanced Materials Co ranks worse than 63.84% on this metric.

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

Grinm Advanced Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥861 Mil. Grinm Advanced Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥43 Mil. Grinm Advanced Materials Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥447 Mil. Grinm Advanced Materials Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.02.

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 Grinm Advanced Materials Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600206' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38   Med: 0.99   Max: 5.39
Current: 2.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Grinm Advanced Materials Co was 5.39. The lowest was 0.38. And the median was 0.99.

SHSE:600206's Debt-to-EBITDA is ranked worse than
63.84% of 744 companies
in the Semiconductors industry
Industry Median: 1.26 vs SHSE:600206: 2.16

Grinm Advanced Materials Co  (SHSE:600206) 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.


Grinm Advanced Materials Co Debt-to-EBITDA Related Terms


Grinm Advanced Materials Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Grinm Advanced Materials 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.

Grinm Advanced Materials Co Debt-to-EBITDA Chart

Grinm Advanced Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.89 2.36 5.39 2.56

Grinm Advanced Materials 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 2.99 1.56 24.50 1.78 2.02

SHSE:600206 vs LRCX, AMAT, KLAC: Debt-to-EBITDA Comparison

For the Semiconductor Equipment & Materials subindustry, Grinm Advanced Materials 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.


Grinm Advanced Materials Co Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Grinm Advanced Materials Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Grinm Advanced Materials Co's Debt-to-EBITDA falls into.


SHSE:600206
47GF Score
Grinm Advanced Materials Co Ltd SHSE:600206
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grinm Advanced Materials Co Debt-to-EBITDA Calculation

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

Grinm Advanced Materials 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
=(1165.417 + 39.884) / 470.901
=2.56

Grinm Advanced Materials 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
=(861.275 + 42.845) / 446.872
=2.02

* 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 2.02 mean?
Grinm Advanced Materials Co (SHSE:600206) has a Debt-to-EBITDA of 2.02 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 Grinm Advanced Materials Co. This is 104% above median its historical median of 0.99. Over the past decade, Grinm Advanced Materials Co's Debt-to-EBITDA has ranged from 0.38 to 5.39. According to the industry distribution chart, Grinm Advanced Materials Co ranks #475 out of 744 companies in the Semiconductors industry, placing it in the top 63.8%.
Is Grinm Advanced Materials Co's Debt-to-EBITDA too high?
Grinm Advanced Materials Co's current Debt-to-EBITDA of 2.02 is 104% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 5.39. The Semiconductors industry median Debt-to-EBITDA is 1.26. Grinm Advanced Materials Co's value of 2.02 is 60.3% above this industry median. Based on the distribution chart, Grinm Advanced Materials Co ranks #475 out of 744 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Grinm Advanced Materials Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grinm Advanced Materials Co's Debt-to-EBITDA compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Grinm Advanced Materials Co ranks #475 out of 744 companies for Debt-to-EBITDA. This places Grinm Advanced Materials Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.26. Grinm Advanced Materials Co's value of 2.02 is 60.3% above this benchmark. Historically, Grinm Advanced Materials Co's own Debt-to-EBITDA has ranged from 0.38 to 5.39 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.26, Grinm Advanced Materials 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.26, based on 744 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. Grinm Advanced Materials Co's current Debt-to-EBITDA of 2.02 is 60.3% 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 Grinm Advanced Materials Co. For the Semiconductors industry, the median Debt-to-EBITDA is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Advanced Materials Co's current Debt-to-EBITDA is 2.02, which is 104% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Grinm Advanced Materials Co (SHSE:600206) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.55, compared to a current price of ¥46.69 — trading 116.7% above its estimated fair value. The current Debt-to-EBITDA is 2.02, which is 104% above median its 10-year median of 0.99 and 60.3% above the Semiconductors industry median of 1.26. Grinm Advanced Materials Co's overall GF Score™ is 47/100 with 3 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 Grinm Advanced Materials Co (SHSE:600206), the current Debt-to-EBITDA is 2.02 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 Grinm Advanced Materials Co (SHSE:600206) Overvalued in 2026?

Based on GuruFocus' analysis, Grinm Advanced Materials Co stock appears to be overvalued. The current stock price of ¥46.69 is trading 116.7% above its estimated GF Value™ of ¥21.55. GuruFocus considers Grinm Advanced Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:600206:

  • Debt-to-EBITDA: 2.02 (104% above median its 10-year median of 0.99)
  • GF Value™: ¥21.55 vs. price of ¥46.69 (116.7% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 60.3% above the Semiconductors median (#475 of 744)

No single metric tells the full story. See the SHSE:600206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grinm Advanced Materials Co Business Description

Address No.43, North Third Ring Road, Haidian District, Beijing, CHN, 100088
Grinm Advanced Materials Co Ltd is engaged in the research, development, manufacture, and distribution of semiconductor materials. The semiconductors offered by the company are widely used in integrated circuits, discrete devices, solar cell and other fields. Its products are exported to the United States, Japan, Spain, South Korea, Taiwan, Hong Kong and other places.
47GF Score

Get the complete analysis for SHSE:600206

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

¥46.69
Price
¥21.55
GF Value