Ocean Plastics Co (TPE:1321) Debt-to-EBITDA : 3.92 (As of Jun. 2026) — 65% Below Median

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TPE:1321 Ocean Plastics Co Ltd TPE:1321
62 GF Score
Price NT$32.50
GF Value NT$27.20
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ocean Plastics Co Debt-to-EBITDA?

Ocean Plastics Co TPE:1321 -0.31% 62 Debt-to-EBITDA is 3.92 as of Jun. 2026, which is 65% below its 10-year median of 11.16. GuruFocus rates TPE:1321 with a GF Score™ of 62/100 and a GF Value™ of NT$27.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,264 Chemicals companies, Ocean Plastics Co ranks worse than 87.5% on this metric.

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

Ocean Plastics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$460 Mil. Ocean Plastics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$3,762 Mil. Ocean Plastics Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$1,076 Mil. Ocean Plastics Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.92.

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

TPE:1321' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.26   Med: 11.16   Max: 36.92
Current: 8.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ocean Plastics Co was 36.92. The lowest was 5.26. And the median was 11.16.

TPE:1321's Debt-to-EBITDA is ranked worse than
87.5% of 1264 companies
in the Chemicals industry
Industry Median: 2.005 vs TPE:1321: 8.74

Ocean Plastics Co  (TPE:1321) 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.


Ocean Plastics Co Debt-to-EBITDA Related Terms


Ocean Plastics Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ocean Plastics 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.

Ocean Plastics Co Debt-to-EBITDA Chart

Ocean Plastics 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 6.50 17.71 8.66 7.56 36.92

Ocean Plastics 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 264.48 16.80 -142.06 6.61 3.92

TPE:1321 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Ocean Plastics 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.


Ocean Plastics Co Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ocean Plastics Co's Debt-to-EBITDA distribution charts can be found below:

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


TPE:1321
62GF Score
Ocean Plastics Co Ltd TPE:1321
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Plastics Co Debt-to-EBITDA Calculation

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

Ocean Plastics 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
=(500 + 3652.014) / 112.457
=36.92

Ocean Plastics 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
=(460 + 3762.014) / 1076.272
=3.92

* 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 3.92 mean?
Ocean Plastics Co (TPE:1321) has a Debt-to-EBITDA of 3.92 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 Ocean Plastics Co. This is 65% below median its historical median of 11.16. Over the past decade, Ocean Plastics Co's Debt-to-EBITDA has ranged from 5.26 to 36.92. According to the industry distribution chart, Ocean Plastics Co ranks #1106 out of 1264 companies in the Chemicals industry, placing it in the top 87.5%.
Is Ocean Plastics Co's Debt-to-EBITDA too high?
Ocean Plastics Co's current Debt-to-EBITDA of 3.92 is 65% below median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 36.92. The Chemicals industry median Debt-to-EBITDA is 2.01. Ocean Plastics Co's value of 3.92 is 95.5% above this industry median. Based on the distribution chart, Ocean Plastics Co ranks #1106 out of 1264 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ocean Plastics Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Plastics Co's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ocean Plastics Co ranks #1106 out of 1264 companies for Debt-to-EBITDA. This places Ocean Plastics Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Ocean Plastics Co's value of 3.92 is 95.5% above this benchmark. Historically, Ocean Plastics Co's own Debt-to-EBITDA has ranged from 5.26 to 36.92 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 2.01, Ocean Plastics 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.01, based on 1,264 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. Ocean Plastics Co's current Debt-to-EBITDA of 3.92 is 95.5% 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 Ocean Plastics Co. For the Chemicals industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Plastics Co's current Debt-to-EBITDA is 3.92, which is 65% below median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Plastics Co stock overvalued right now?
Based on GuruFocus' analysis, Ocean Plastics Co (TPE:1321) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$27.20, compared to a current price of NT$32.50 — trading 19.5% above its estimated fair value. The current Debt-to-EBITDA is 3.92, which is 65% below median its 10-year median of 11.16 and 95.5% above the Chemicals industry median of 2.01. Ocean Plastics Co's overall GF Score™ is 62/100 with 6 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 Ocean Plastics Co (TPE:1321), the current Debt-to-EBITDA is 3.92 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 Ocean Plastics Co (TPE:1321) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Plastics Co stock appears to be overvalued. The current stock price of NT$32.50 is trading 19.5% above its estimated GF Value™ of NT$27.20. GuruFocus considers Ocean Plastics Co to be Modestly Overvalued.

Key valuation signals for TPE:1321:

  • Debt-to-EBITDA: 3.92 (65% below median its 10-year median of 11.16)
  • GF Value™: NT$27.20 vs. price of NT$32.50 (19.5% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 95.5% above the Chemicals median (#1106 of 1264)

No single metric tells the full story. See the TPE:1321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Plastics Co Business Description

Address No. 310, Juguang Road, 5th - 6th Floor, Wanhua District, Taipei, TWN, 108
Ocean Plastics Co Ltd is a Taiwan-based company, that engages in the manufacturing and selling of plastic raw materials, products, and plastic industry supplementary materials. Its products include plastic cloths, plastic pipe, plastic leather products, synthetic leather products, plastic construction materials, and plastic raw materials The company distributes its products in Taiwan, Japan, Vietnam China, India, and the United States, among others.
62GF Score

Get the complete analysis for TPE:1321

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

NT$32.50
Price
NT$27.20
GF Value