Lien Hwa Industrial Holding (TPE:1229) Debt-to-EBITDA : 2.18 (As of Mar. 2026) — Near Median

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TPE:1229 Lien Hwa Industrial Holding Corp TPE:1229
87 GF Score
Price NT$41.15
GF Value NT$54.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Lien Hwa Industrial Holding Debt-to-EBITDA?

Lien Hwa Industrial Holding TPE:1229 +0.86% 87 Debt-to-EBITDA is 2.18 as of Mar. 2026, which is 5% above its 10-year median of 2.08. GuruFocus rates TPE:1229 with a GF Score™ of 87/100 and a GF Value™ of NT$54.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 453 Conglomerates companies, Lien Hwa Industrial Holding ranks better than 67.55% on this metric.

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

Lien Hwa Industrial Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$6,659 Mil. Lien Hwa Industrial Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$4,494 Mil. Lien Hwa Industrial Holding's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$5,112 Mil. Lien Hwa Industrial Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.18.

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 Lien Hwa Industrial Holding's Debt-to-EBITDA or its related term are showing as below:

TPE:1229' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.12   Med: 2.08   Max: 2.44
Current: 1.66

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lien Hwa Industrial Holding was 2.44. The lowest was 1.12. And the median was 2.08.

TPE:1229's Debt-to-EBITDA is ranked better than
67.55% of 453 companies
in the Conglomerates industry
Industry Median: 2.73 vs TPE:1229: 1.66

Lien Hwa Industrial Holding  (TPE:1229) 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.


Lien Hwa Industrial Holding Debt-to-EBITDA Related Terms


Lien Hwa Industrial Holding Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Debt-to-EBITDA Chart

Lien Hwa Industrial Holding 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 2.28 2.22 2.44 2.30 1.77

Lien Hwa Industrial Holding 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 2.99 1.33 2.09 2.12 2.18

TPE:1229 vs MMM, HON: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.


Lien Hwa Industrial Holding Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Debt-to-EBITDA falls into.


TPE:1229
87GF Score
Lien Hwa Industrial Holding Corp TPE:1229
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lien Hwa Industrial Holding Debt-to-EBITDA Calculation

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

Lien Hwa Industrial Holding'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
=(7697.665 + 3928.122) / 6555.503
=1.77

Lien Hwa Industrial Holding'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
=(6658.676 + 4493.966) / 5112.112
=2.18

* 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 2.18 mean?
Lien Hwa Industrial Holding (TPE:1229) has a Debt-to-EBITDA of 2.18 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 Lien Hwa Industrial Holding. This is near median its historical median of 2.08. Over the past decade, Lien Hwa Industrial Holding's Debt-to-EBITDA has ranged from 1.12 to 2.44. According to the industry distribution chart, Lien Hwa Industrial Holding ranks #147 out of 453 companies in the Conglomerates industry, placing it in the top 32.5%.
Is Lien Hwa Industrial Holding's Debt-to-EBITDA too high?
Lien Hwa Industrial Holding's current Debt-to-EBITDA of 2.18 is near median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.44. The Conglomerates industry median Debt-to-EBITDA is 2.73. Lien Hwa Industrial Holding's value of 2.18 is 20.1% below this industry median. Based on the distribution chart, Lien Hwa Industrial Holding ranks #147 out of 453 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Lien Hwa Industrial Holding has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lien Hwa Industrial Holding's Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Lien Hwa Industrial Holding ranks #147 out of 453 companies for Debt-to-EBITDA. This puts Lien Hwa Industrial Holding in the upper half of its industry. The industry median Debt-to-EBITDA is 2.73. Lien Hwa Industrial Holding's value of 2.18 is 20.1% below this benchmark. Historically, Lien Hwa Industrial Holding's own Debt-to-EBITDA has ranged from 1.12 to 2.44 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 2.73, Lien Hwa Industrial Holding 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.73, based on 453 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. Lien Hwa Industrial Holding's current Debt-to-EBITDA of 2.18 is 20.1% 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 Lien Hwa Industrial Holding. For the Conglomerates industry, the median Debt-to-EBITDA is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lien Hwa Industrial Holding's current Debt-to-EBITDA is 2.18, which is near median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lien Hwa Industrial Holding stock overvalued right now?
Based on GuruFocus' analysis, Lien Hwa Industrial Holding (TPE:1229) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$54.59, compared to a current price of NT$41.15 — trading 24.6% below its estimated fair value. The current Debt-to-EBITDA is 2.18, which is near median its 10-year median of 2.08 and 20.1% below the Conglomerates industry median of 2.73. Lien Hwa Industrial Holding's overall GF Score™ is 87/100 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 Lien Hwa Industrial Holding (TPE:1229), the current Debt-to-EBITDA is 2.18 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 Lien Hwa Industrial Holding (TPE:1229) Overvalued in 2026?

Based on GuruFocus' analysis, Lien Hwa Industrial Holding stock appears to be undervalued. The current stock price of NT$41.15 is trading 24.6% below its estimated GF Value™ of NT$54.59. GuruFocus considers Lien Hwa Industrial Holding to be Modestly Undervalued.

Key valuation signals for TPE:1229:

  • Debt-to-EBITDA: 2.18 (near median its 10-year median of 2.08)
  • GF Value™: NT$54.59 vs. price of NT$41.15 (24.6% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 20.1% below the Conglomerates median (#147 of 453)

No single metric tells the full story. See the TPE:1229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lien Hwa Industrial Holding Business Description

Address Nangang Road, 10 Floor, No. 209, Section 1, Nangang District, Taipei, TWN, 115
Lien Hwa Industrial Holding Corp is engaged in flour production, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has four reportable segments. The rental business provides real property rental and development services. The Flour business manufactures and sells all kinds of Flour and processed foods. The system integration service business provides the system integration service, automatic system, applied software design and sale of industrial computer. The administrative resource center is responsible for the management of domestic/foreign investment business.
87GF Score

Get the complete analysis for TPE:1229

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

NT$41.15
Price
NT$54.59
GF Value