Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Wave Cyber (Shanghai) CoSHSE:688718 -0.43%81 Debt-to-EBITDA is 0.02 as of Jun. 2026, which is 89% below its 10-year median of 0.18. GuruFocus rates SHSE:688718 with a GF Score™ of 81/100 and a GF Value™ of ¥14.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 175 Waste Management companies, Wave Cyber (Shanghai) Co ranks better than 98.86% 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 Wave Cyber (Shanghai) Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:688718'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.18 Max: 0.47
Current: 0.02
During the past 9 years, the highest Debt-to-EBITDA Ratio of Wave Cyber (Shanghai) Co was 0.47. The lowest was 0.00. And the median was 0.18.
SHSE:688718's Debt-to-EBITDA is ranked better than 98.86% of 175
companies
in the Waste Management industry
Industry Median: 2.93
vs SHSE:688718: 0.02
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.
Wave Cyber (Shanghai) Co Debt-to-EBITDA Related Terms
Wave Cyber (Shanghai) Co 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:688718 vs WM, RSG, WCN: Debt-to-EBITDA Comparison
For the Waste Management subindustry, Wave Cyber (Shanghai) 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.
Wave Cyber (Shanghai) Co Debt-to-EBITDA vs Waste Management Industry
For the Waste Management industry and Industrials sector, Wave Cyber (Shanghai) Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Wave Cyber (Shanghai) Co'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.
Wave Cyber (Shanghai) Co (SHSE:688718) has a Debt-to-EBITDA of 0.02 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 Wave Cyber (Shanghai) Co. This is 89% below median its historical median of 0.18. According to the industry distribution chart, Wave Cyber (Shanghai) Co ranks #2 out of 175 companies in the Waste Management industry, placing it in the top 1.1%.
Is Wave Cyber (Shanghai) Co's Debt-to-EBITDA too high?
Wave Cyber (Shanghai) Co's current Debt-to-EBITDA of 0.02 is 89% below median its 10-year median of 0.18. The Waste Management industry median Debt-to-EBITDA is 2.93. Wave Cyber (Shanghai) Co's value of 0.02 is 99.3% below this industry median. Based on the distribution chart, Wave Cyber (Shanghai) Co ranks #2 out of 175 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Wave Cyber (Shanghai) Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wave Cyber (Shanghai) Co's Debt-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Wave Cyber (Shanghai) Co ranks #2 out of 175 companies for Debt-to-EBITDA. This places Wave Cyber (Shanghai) Co in the top 1% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.93. Wave Cyber (Shanghai) Co's value of 0.02 is 99.3% below this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 2.93, Wave Cyber (Shanghai) Co 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 a Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 2.93, based on 175 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. Wave Cyber (Shanghai) Co's current Debt-to-EBITDA of 0.02 is 99.3% 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 Wave Cyber (Shanghai) Co. For the Waste Management industry, the median Debt-to-EBITDA is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Cyber (Shanghai) Co's current Debt-to-EBITDA is 0.02, which is 89% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Cyber (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co (SHSE:688718) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.01, compared to a current price of ¥13.90 — trading 0.8% below its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 89% below median its 10-year median of 0.18 and 99.3% below the Waste Management industry median of 2.93. Wave Cyber (Shanghai) Co's overall GF Score™ is 81/100 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 Wave Cyber (Shanghai) Co (SHSE:688718), the current Debt-to-EBITDA is 0.02 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 Wave Cyber (Shanghai) Co (SHSE:688718) Overvalued in 2026?
Based on GuruFocus' analysis, Wave Cyber (Shanghai) Co stock appears to be undervalued.
The current stock price of ¥13.90 is trading 0.8% below its estimated GF Value™ of ¥14.01.
GuruFocus considers Wave Cyber (Shanghai) Co to be Fairly Valued.
Key valuation signals for SHSE:688718:
Debt-to-EBITDA: 0.02 (89% below median its 10-year median of 0.18)
GF Value™: ¥14.01 vs. price of ¥13.90 (0.8% below fair value)
Industry Position: 99.3% below the Waste Management median (#2 of 175)
No single metric tells the full story. See the SHSE:688718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wave Cyber (Shanghai) Co Ltd is a manufacturer of components for the residential, commercial, industrial and municipal water treatment industries. The products include full lines of fiberglass pressure tanks, brine tanks/cabinets, membrane pressure vessels and others.
81GF Score
Get the complete analysis for SHSE:688718
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688718 has been successfully added to your 
