Shanghai V-Test Semiconductor Tech Co (SHSE:688372) Debt-to-EBITDA : 9.55 (As of Jun. 2026) — 317% Above Median

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SHSE:688372 Shanghai V-Test Semiconductor Tech Co Ltd SHSE:688372
87 GF Score
Price ¥123.14
GF Value ¥113.09
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Shanghai V-Test Semiconductor Tech Co Debt-to-EBITDA?

Shanghai V-Test Semiconductor Tech Co SHSE:688372 -3.96% 87 Debt-to-EBITDA is 9.55 as of Jun. 2026, which is 317% above its 10-year median of 2.29. GuruFocus rates SHSE:688372 with a GF Score™ of 87/100 and a GF Value™ of ¥113.09 (Fairly Valued). The stock has 9 warning signs investors should review. Among 743 Semiconductors companies, Shanghai V-Test Semiconductor Tech Co ranks worse than 89.1% on this metric.

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

Shanghai V-Test Semiconductor Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥1,045 Mil. Shanghai V-Test Semiconductor Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ¥3,141 Mil. Shanghai V-Test Semiconductor Tech Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ¥438 Mil. Shanghai V-Test Semiconductor Tech Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 9.55.

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 Shanghai V-Test Semiconductor Tech Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:688372' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.78   Med: 2.29   Max: 9.15
Current: 9.15

During the past 8 years, the highest Debt-to-EBITDA Ratio of Shanghai V-Test Semiconductor Tech Co was 9.15. The lowest was 1.78. And the median was 2.29.

SHSE:688372's Debt-to-EBITDA is ranked worse than
89.1% of 743 companies
in the Semiconductors industry
Industry Median: 1.27 vs SHSE:688372: 9.15

Shanghai V-Test Semiconductor Tech Co  (SHSE:688372) 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.


Shanghai V-Test Semiconductor Tech Co Debt-to-EBITDA Related Terms


Shanghai V-Test Semiconductor Tech Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shanghai V-Test Semiconductor Tech 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.

Shanghai V-Test Semiconductor Tech Co Debt-to-EBITDA Chart

Shanghai V-Test Semiconductor Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 2.02 1.83 2.14 3.42 4.60

Shanghai V-Test Semiconductor Tech 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 7.77 6.46 8.31 9.00 9.55

SHSE:688372 vs NVDA, AVGO, MU: Debt-to-EBITDA Comparison

For the Semiconductors subindustry, Shanghai V-Test Semiconductor Tech 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.


Shanghai V-Test Semiconductor Tech Co Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai V-Test Semiconductor Tech Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanghai V-Test Semiconductor Tech Co's Debt-to-EBITDA falls into.


SHSE:688372
87GF Score
Shanghai V-Test Semiconductor Tech Co Ltd SHSE:688372
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai V-Test Semiconductor Tech Co Debt-to-EBITDA Calculation

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

Shanghai V-Test Semiconductor Tech 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
=(778.004 + 3152.258) / 854.198
=4.60

Shanghai V-Test Semiconductor Tech 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
=(1044.575 + 3140.674) / 438.392
=9.55

* 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 9.55 mean?
Shanghai V-Test Semiconductor Tech Co (SHSE:688372) has a Debt-to-EBITDA of 9.55 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 Shanghai V-Test Semiconductor Tech Co. This is 317% above median its historical median of 2.29. Over the past decade, Shanghai V-Test Semiconductor Tech Co's Debt-to-EBITDA has ranged from 1.78 to 9.15. According to the industry distribution chart, Shanghai V-Test Semiconductor Tech Co ranks #662 out of 743 companies in the Semiconductors industry, placing it in the top 89.1%.
Is Shanghai V-Test Semiconductor Tech Co's Debt-to-EBITDA too high?
Shanghai V-Test Semiconductor Tech Co's current Debt-to-EBITDA of 9.55 is 317% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 9.15. The Semiconductors industry median Debt-to-EBITDA is 1.27. Shanghai V-Test Semiconductor Tech Co's value of 9.55 is 652% above this industry median. Based on the distribution chart, Shanghai V-Test Semiconductor Tech Co ranks #662 out of 743 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shanghai V-Test Semiconductor Tech Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai V-Test Semiconductor Tech Co's Debt-to-EBITDA compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai V-Test Semiconductor Tech Co ranks #662 out of 743 companies for Debt-to-EBITDA. This places Shanghai V-Test Semiconductor Tech Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.27. Shanghai V-Test Semiconductor Tech Co's value of 9.55 is 652% above this benchmark. Historically, Shanghai V-Test Semiconductor Tech Co's own Debt-to-EBITDA has ranged from 1.78 to 9.15 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 1.27, Shanghai V-Test Semiconductor Tech 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 1.27, based on 743 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. Shanghai V-Test Semiconductor Tech Co's current Debt-to-EBITDA of 9.55 is 652% 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 Shanghai V-Test Semiconductor Tech Co. For the Semiconductors industry, the median Debt-to-EBITDA is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai V-Test Semiconductor Tech Co's current Debt-to-EBITDA is 9.55, which is 317% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai V-Test Semiconductor Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai V-Test Semiconductor Tech Co (SHSE:688372) is currently considered Fairly Valued. The stock's GF Value™ is ¥113.09, compared to a current price of ¥123.14 — trading 8.9% above its estimated fair value. The current Debt-to-EBITDA is 9.55, which is 317% above median its 10-year median of 2.29 and 652% above the Semiconductors industry median of 1.27. Shanghai V-Test Semiconductor Tech Co's overall GF Score™ is 87/100 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 Shanghai V-Test Semiconductor Tech Co (SHSE:688372), the current Debt-to-EBITDA is 9.55 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 Shanghai V-Test Semiconductor Tech Co (SHSE:688372) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai V-Test Semiconductor Tech Co stock appears to be overvalued. The current stock price of ¥123.14 is trading 8.9% above its estimated GF Value™ of ¥113.09. GuruFocus considers Shanghai V-Test Semiconductor Tech Co to be Fairly Valued.

Key valuation signals for SHSE:688372:

  • Debt-to-EBITDA: 9.55 (317% above median its 10-year median of 2.29)
  • GF Value™: ¥113.09 vs. price of ¥123.14 (8.9% above fair value)
  • GF Score™: 87/100 with 9 warning signs
  • Industry Position: 652% above the Semiconductors median (#662 of 743)

No single metric tells the full story. See the SHSE:688372 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai V-Test Semiconductor Tech Co Business Description

Address No. 38 Dongsheng Road, 2nd Floor, Building 2, Area A, Pudong New Area, Shanghai, CHN, 201201
Shanghai V-Test Semiconductor Tech Co Ltd is engaged in the wafer testing, finished chip testing and supporting services related to integrated circuit testing.
87GF Score

Get the complete analysis for SHSE:688372

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

¥123.14
Price
¥113.09
GF Value