Southeast Cement Co (TPE:1110) Debt-to-EBITDA : 2.70 (As of Jun. 2026) — 57% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:1110 Southeast Cement Co Ltd TPE:1110
79 GF Score
Price NT$15.95
GF Value NT$19.07
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Southeast Cement Co Debt-to-EBITDA?

Southeast Cement Co TPE:1110 79 Debt-to-EBITDA is 2.70 as of Jun. 2026, which is 57% below its 10-year median of 6.23. GuruFocus rates TPE:1110 with a GF Score™ of 79/100 and a GF Value™ of NT$19.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 336 Building Materials companies, Southeast Cement Co ranks worse than 75% on this metric.

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

Southeast Cement Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,424 Mil. Southeast Cement Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,078 Mil. Southeast Cement Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$926 Mil. Southeast Cement Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.70.

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 Southeast Cement Co's Debt-to-EBITDA or its related term are showing as below:

TPE:1110' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.57   Med: 6.23   Max: 11.22
Current: 4.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Southeast Cement Co was 11.22. The lowest was 0.57. And the median was 6.23.

TPE:1110's Debt-to-EBITDA is ranked worse than
75% of 336 companies
in the Building Materials industry
Industry Median: 2.07 vs TPE:1110: 4.45

Southeast Cement Co  (TPE:1110) 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.


Southeast Cement Co Debt-to-EBITDA Related Terms


Southeast Cement Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Southeast Cement 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.

Southeast Cement Co Debt-to-EBITDA Chart

Southeast Cement 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 6.87 11.22 6.27 4.00 6.23

Southeast Cement 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 11.29 3.29 8.11 7.64 2.70

TPE:1110 vs CRH, VMC, MLM: Debt-to-EBITDA Comparison

For the Building Materials subindustry, Southeast Cement 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.


Southeast Cement Co Debt-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Southeast Cement Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Southeast Cement Co's Debt-to-EBITDA falls into.


TPE:1110
79GF Score
Southeast Cement Co Ltd TPE:1110
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southeast Cement Co Debt-to-EBITDA Calculation

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

Southeast Cement 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
=(1719.707 + 911.582) / 422.06
=6.23

Southeast Cement 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
=(1424.247 + 1078.436) / 926.352
=2.70

* 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 2.70 mean?
Southeast Cement Co (TPE:1110) has a Debt-to-EBITDA of 2.70 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 Southeast Cement Co. This is 57% below median its historical median of 6.23. Over the past decade, Southeast Cement Co's Debt-to-EBITDA has ranged from 0.57 to 11.22. According to the industry distribution chart, Southeast Cement Co ranks #252 out of 336 companies in the Building Materials industry, placing it in the top 75%.
Is Southeast Cement Co's Debt-to-EBITDA too high?
Southeast Cement Co's current Debt-to-EBITDA of 2.70 is 57% below median its 10-year median of 6.23. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 11.22. The Building Materials industry median Debt-to-EBITDA is 2.07. Southeast Cement Co's value of 2.70 is 30.4% above this industry median. Based on the distribution chart, Southeast Cement Co ranks #252 out of 336 companies in the Building Materials industry, which is below the industry midpoint. Overall, Southeast Cement Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southeast Cement Co's Debt-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Southeast Cement Co ranks #252 out of 336 companies for Debt-to-EBITDA. This places Southeast Cement Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.07. Southeast Cement Co's value of 2.70 is 30.4% above this benchmark. Historically, Southeast Cement Co's own Debt-to-EBITDA has ranged from 0.57 to 11.22 over the past decade. While the company's 10-year median is 6.23 vs. the industry median of 2.07, Southeast Cement 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 Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.07, based on 336 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. Southeast Cement Co's current Debt-to-EBITDA of 2.70 is 30.4% 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 Southeast Cement Co. For the Building Materials industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southeast Cement Co's current Debt-to-EBITDA is 2.70, which is 57% below median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southeast Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Southeast Cement Co (TPE:1110) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.07, compared to a current price of NT$15.95 — trading 16.4% below its estimated fair value. The current Debt-to-EBITDA is 2.70, which is 57% below median its 10-year median of 6.23 and 30.4% above the Building Materials industry median of 2.07. Southeast Cement Co's overall GF Score™ is 79/100 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 Southeast Cement Co (TPE:1110), the current Debt-to-EBITDA is 2.70 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 Southeast Cement Co (TPE:1110) Overvalued in 2026?

Based on GuruFocus' analysis, Southeast Cement Co stock appears to be undervalued. The current stock price of NT$15.95 is trading 16.4% below its estimated GF Value™ of NT$19.07. GuruFocus considers Southeast Cement Co to be Modestly Undervalued.

Key valuation signals for TPE:1110:

  • Debt-to-EBITDA: 2.70 (57% below median its 10-year median of 6.23)
  • GF Value™: NT$19.07 vs. price of NT$15.95 (16.4% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 30.4% above the Building Materials median (#252 of 336)

No single metric tells the full story. See the TPE:1110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southeast Cement Co Business Description

Address WuFu 3rd Road, No.21, 4th Floor - 1, Qianjin District, Kaohsiung City, TWN, 801
Southeast Cement Co Ltd is mainly engaged in the manufacturing and sale of cement-related products. Its main business activities include manufacturing and selling cement, furnace slag powder, cement processed products, and ready-mixed concrete. Its products include Bootland Type 1 Cement and Water-quenched Blast Furnace Slag Powder. The Company operates through four reportable segments: Production Department, which generates the maximum revenue and is engaged in the production and sales of cement and furnace slag powder; Lease Department, engaged in the rental business of properties such as land and factories; Construction Department, engaged in the construction of residences and sales business; and Engineering Department, engaged in contracting construction and engineering services.
79GF Score

Get the complete analysis for TPE:1110

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

NT$15.95
Price
NT$19.07
GF Value