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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 Shenzhen Qingyi Photomask's Debt-to-EBITDA or its related term are showing as below:
SHSE:688138'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32 Med: 0.78 Max: 3.35
Current: 3.35
During the past 13 years, the highest Debt-to-EBITDA Ratio of Shenzhen Qingyi Photomask was 3.35. The lowest was 0.32. And the median was 0.78.
SHSE:688138's Debt-to-EBITDA is ranked worse than 68.81% of 1805
companies
in the Hardware industry
Industry Median: 1.7
vs SHSE:688138: 3.35
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.
Shenzhen Qingyi Photomask Debt-to-EBITDA Related Terms
Shenzhen Qingyi Photomask 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.
SHSE:688138 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.
Shenzhen Qingyi Photomask Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shenzhen Qingyi Photomask'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.
Shenzhen Qingyi Photomask (SHSE:688138) has a Debt-to-EBITDA of 2.66 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 Shenzhen Qingyi Photomask. This is 241% above median its historical median of 0.78. Over the past decade, Shenzhen Qingyi Photomask's Debt-to-EBITDA has ranged from 0.32 to 3.35. According to the industry distribution chart, Shenzhen Qingyi Photomask ranks #1242 out of 1805 companies in the Hardware industry, placing it in the top 68.8%.
Is Shenzhen Qingyi Photomask's Debt-to-EBITDA too high?
Shenzhen Qingyi Photomask's current Debt-to-EBITDA of 2.66 is 241% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 3.35. The Hardware industry median Debt-to-EBITDA is 1.70. Shenzhen Qingyi Photomask's value of 2.66 is 56.5% above this industry median. Based on the distribution chart, Shenzhen Qingyi Photomask ranks #1242 out of 1805 companies in the Hardware industry, which is below the industry midpoint. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Shenzhen Qingyi Photomask ranks #1242 out of 1805 companies for Debt-to-EBITDA. This places Shenzhen Qingyi Photomask in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Shenzhen Qingyi Photomask's value of 2.66 is 56.5% above this benchmark. Historically, Shenzhen Qingyi Photomask's own Debt-to-EBITDA has ranged from 0.32 to 3.35 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.70, Shenzhen Qingyi Photomask 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 1.70, based on 1,805 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. Shenzhen Qingyi Photomask's current Debt-to-EBITDA of 2.66 is 56.5% 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 Shenzhen Qingyi Photomask. 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. Shenzhen Qingyi Photomask's current Debt-to-EBITDA is 2.66, which is 241% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Fairly Valued. The stock's GF Value™ is ¥32.15, compared to a current price of ¥33.76 — trading 5% above its estimated fair value. The current Debt-to-EBITDA is 2.66, which is 241% above median its 10-year median of 0.78 and 56.5% above the Hardware industry median of 1.70. Shenzhen Qingyi Photomask's overall GF Score™ is 85/100 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 Shenzhen Qingyi Photomask (SHSE:688138), the current Debt-to-EBITDA is 2.66 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued.
The current stock price of ¥33.76 is trading 5% above its estimated GF Value™ of ¥32.15.
GuruFocus considers Shenzhen Qingyi Photomask to be Fairly Valued.
Key valuation signals for SHSE:688138:
Debt-to-EBITDA: 2.66 (241% above median its 10-year median of 0.78)
GF Value™: ¥32.15 vs. price of ¥33.76 (5% above fair value)
Industry Position: 56.5% above the Hardware median (#1242 of 1805)
No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
85GF Score
Get the complete analysis for SHSE:688138
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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