Avic Heavy Machinery Co (SHSE:600765) Debt-to-EBITDA : 2.67 (As of Mar. 2026) — 12% Below Median

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SHSE:600765 Avic Heavy Machinery Co Ltd SHSE:600765
71 GF Score
Price ¥13.10
GF Value ¥17.40
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Avic Heavy Machinery Co Debt-to-EBITDA?

Avic Heavy Machinery Co SHSE:600765 +0.08% 71 Debt-to-EBITDA is 2.67 as of Mar. 2026, which is 12% below its 10-year median of 3.02. GuruFocus rates SHSE:600765 with a GF Score™ of 71/100 and a GF Value™ of ¥17.40 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 2,340 Industrial Products companies, Avic Heavy Machinery Co ranks worse than 73.68% on this metric.

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

Avic Heavy Machinery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥2,867 Mil. Avic Heavy Machinery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ¥1,041 Mil. Avic Heavy Machinery Co's annualized EBITDA for the quarter that ended in Mar. 2026 was ¥1,467 Mil. Avic Heavy Machinery Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.66.

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 Avic Heavy Machinery Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600765' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.4   Med: 3.02   Max: 5.84
Current: 3.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Avic Heavy Machinery Co was 5.84. The lowest was 1.40. And the median was 3.02.

SHSE:600765's Debt-to-EBITDA is ranked worse than
73.68% of 2340 companies
in the Industrial Products industry
Industry Median: 1.665 vs SHSE:600765: 3.97

Avic Heavy Machinery Co  (SHSE:600765) 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.


Avic Heavy Machinery Co Debt-to-EBITDA Related Terms


Avic Heavy Machinery Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Avic Heavy Machinery 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.

Avic Heavy Machinery Co Debt-to-EBITDA Chart

Avic Heavy Machinery 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 1.88 1.40 1.67 2.31 2.57

Avic Heavy Machinery Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.72 2.32 6.69 16.59 2.67

SHSE:600765 vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, Avic Heavy Machinery 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.


Avic Heavy Machinery Co Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avic Heavy Machinery Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Avic Heavy Machinery Co's Debt-to-EBITDA falls into.


SHSE:600765
71GF Score
Avic Heavy Machinery Co Ltd SHSE:600765
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avic Heavy Machinery Co Debt-to-EBITDA Calculation

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

Avic Heavy Machinery 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
=(2983.424 + 1018.143) / 1555.338
=2.57

Avic Heavy Machinery Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2867.25 + 1040.928) / 1466.728
=2.66

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.67 mean?
Avic Heavy Machinery Co (SHSE:600765) has a Debt-to-EBITDA of 2.67 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 Avic Heavy Machinery Co. This is 12% below median its historical median of 3.02. Over the past decade, Avic Heavy Machinery Co's Debt-to-EBITDA has ranged from 1.40 to 5.84. According to the industry distribution chart, Avic Heavy Machinery Co ranks #1724 out of 2340 companies in the Industrial Products industry, placing it in the top 73.7%.
Is Avic Heavy Machinery Co's Debt-to-EBITDA too high?
Avic Heavy Machinery Co's current Debt-to-EBITDA of 2.67 is 12% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 5.84. The Industrial Products industry median Debt-to-EBITDA is 1.67. Avic Heavy Machinery Co's value of 2.67 is 60.4% above this industry median. Based on the distribution chart, Avic Heavy Machinery Co ranks #1724 out of 2340 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Avic Heavy Machinery Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Heavy Machinery Co's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avic Heavy Machinery Co ranks #1724 out of 2340 companies for Debt-to-EBITDA. This places Avic Heavy Machinery Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.67. Avic Heavy Machinery Co's value of 2.67 is 60.4% above this benchmark. Historically, Avic Heavy Machinery Co's own Debt-to-EBITDA has ranged from 1.40 to 5.84 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.67, Avic Heavy Machinery 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.67, based on 2,340 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. Avic Heavy Machinery Co's current Debt-to-EBITDA of 2.67 is 60.4% 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 Avic Heavy Machinery Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avic Heavy Machinery Co's current Debt-to-EBITDA is 2.67, which is 12% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Heavy Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Heavy Machinery Co (SHSE:600765) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.40, compared to a current price of ¥13.10 — trading 24.7% below its estimated fair value. The current Debt-to-EBITDA is 2.67, which is 12% below median its 10-year median of 3.02 and 60.4% above the Industrial Products industry median of 1.67. Avic Heavy Machinery Co's overall GF Score™ is 71/100 with 10 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 Avic Heavy Machinery Co (SHSE:600765), the current Debt-to-EBITDA is 2.67 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 Avic Heavy Machinery Co (SHSE:600765) Overvalued in 2026?

Based on GuruFocus' analysis, Avic Heavy Machinery Co stock appears to be undervalued. The current stock price of ¥13.10 is trading 24.7% below its estimated GF Value™ of ¥17.40. GuruFocus considers Avic Heavy Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:600765:

  • Debt-to-EBITDA: 2.67 (12% below median its 10-year median of 3.02)
  • GF Value™: ¥17.40 vs. price of ¥13.10 (24.7% below fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 60.4% above the Industrial Products median (#1724 of 2340)

No single metric tells the full story. See the SHSE:600765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avic Heavy Machinery Co Business Description

Address No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018
Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.
71GF Score

Get the complete analysis for SHSE:600765

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

¥13.10
Price
¥17.40
GF Value