China Glaze Co (TPE:1809) Debt-to-EBITDA : 7.16 (As of Mar. 2026) — 28% Above Median

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TPE:1809 China Glaze Co Ltd TPE:1809
60 GF Score
Price NT$41.00
GF Value NT$19.88
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is China Glaze Co Debt-to-EBITDA?

China Glaze Co TPE:1809 +9.92% 60 Debt-to-EBITDA is 7.16 as of Mar. 2026, which is 28% above its 10-year median of 5.58. GuruFocus rates TPE:1809 with a GF Score™ of 60/100 and a GF Value™ of NT$19.88 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,411 Construction companies, China Glaze Co ranks worse than 79.16% on this metric.

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

China Glaze Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$575 Mil. China Glaze Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$204 Mil. China Glaze Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$109 Mil. China Glaze Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 7.16.

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

TPE:1809' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -292.66   Med: 5.58   Max: 28.71
Current: 5.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Glaze Co was 28.71. The lowest was -292.66. And the median was 5.58.

TPE:1809's Debt-to-EBITDA is ranked worse than
79.16% of 1411 companies
in the Construction industry
Industry Median: 2.13 vs TPE:1809: 5.96

China Glaze Co  (TPE:1809) 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.


China Glaze Co Debt-to-EBITDA Related Terms


China Glaze Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for China Glaze 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.

China Glaze Co Debt-to-EBITDA Chart

China Glaze 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 5.49 6.81 20.62 4.83 5.68

China Glaze Co 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 5.90 7.21 7.10 3.95 7.16

TPE:1809 vs TT, JCI, CARR: Debt-to-EBITDA Comparison

For the Building Products & Equipment subindustry, China Glaze 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.


China Glaze Co Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, China Glaze Co's Debt-to-EBITDA distribution charts can be found below:

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


TPE:1809
60GF Score
China Glaze Co Ltd TPE:1809
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Glaze Co Debt-to-EBITDA Calculation

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

China Glaze 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
=(655.76 + 115.407) / 135.887
=5.68

China Glaze Co'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
=(574.556 + 204.162) / 108.764
=7.16

* 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 7.16 mean?
China Glaze Co (TPE:1809) has a Debt-to-EBITDA of 7.16 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 China Glaze Co. This is 28% above median its historical median of 5.58. According to the industry distribution chart, China Glaze Co ranks #1117 out of 1411 companies in the Construction industry, placing it in the top 79.2%.
Is China Glaze Co's Debt-to-EBITDA too high?
China Glaze Co's current Debt-to-EBITDA of 7.16 is 28% above median its 10-year median of 5.58. The Construction industry median Debt-to-EBITDA is 2.13. China Glaze Co's value of 7.16 is 236.2% above this industry median. Based on the distribution chart, China Glaze Co ranks #1117 out of 1411 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, China Glaze Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's Debt-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, China Glaze Co ranks #1117 out of 1411 companies for Debt-to-EBITDA. This places China Glaze Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.13. China Glaze Co's value of 7.16 is 236.2% above this benchmark. While the company's 10-year median is 5.58 vs. the industry median of 2.13, China Glaze 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.13, based on 1,411 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. China Glaze Co's current Debt-to-EBITDA of 7.16 is 236.2% 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 China Glaze Co. For the Construction industry, the median Debt-to-EBITDA is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glaze Co's current Debt-to-EBITDA is 7.16, which is 28% above median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.88, compared to a current price of NT$41.00 — trading 106.2% above its estimated fair value. The current Debt-to-EBITDA is 7.16, which is 28% above median its 10-year median of 5.58 and 236.2% above the Construction industry median of 2.13. China Glaze Co's overall GF Score™ is 60/100 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 China Glaze Co (TPE:1809), the current Debt-to-EBITDA is 7.16 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 China Glaze Co (TPE:1809) Overvalued in 2026?

Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued. The current stock price of NT$41.00 is trading 106.2% above its estimated GF Value™ of NT$19.88. GuruFocus considers China Glaze Co to be Significantly Overvalued.

Key valuation signals for TPE:1809:

  • Debt-to-EBITDA: 7.16 (28% above median its 10-year median of 5.58)
  • GF Value™: NT$19.88 vs. price of NT$41.00 (106.2% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 236.2% above the Construction median (#1117 of 1411)

No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Glaze Co Business Description

Address No. 136, Chung Hsing Road, Section 4, Zhudong Township, Hsinchu, TWN, 31061
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
60GF Score

Get the complete analysis for TPE:1809

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

NT$41.00
Price
NT$19.88
GF Value