Hocheng (TPE:1810) Debt-to-EBITDA : 0.15 (As of Mar. 2026) — 97% Below Median

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TPE:1810 Hocheng Corp TPE:1810
56 GF Score
Price NT$26.10
GF Value NT$16.95
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hocheng Debt-to-EBITDA?

Hocheng TPE:1810 -2.79% 56 Debt-to-EBITDA is 0.15 as of Mar. 2026, which is 97% below its 10-year median of 4.77. GuruFocus rates TPE:1810 with a GF Score™ of 56/100 and a GF Value™ of NT$16.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 333 Furnishings, Fixtures & Appliances companies, Hocheng ranks better than 78.68% on this metric.

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

Hocheng's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$400 Mil. Hocheng's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$365 Mil. Hocheng's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$5,078 Mil. Hocheng's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.15.

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 Hocheng's Debt-to-EBITDA or its related term are showing as below:

TPE:1810' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.5   Med: 4.77   Max: 12.68
Current: 0.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hocheng was 12.68. The lowest was 0.50. And the median was 4.77.

TPE:1810's Debt-to-EBITDA is ranked better than
78.68% of 333 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.82 vs TPE:1810: 0.50

Hocheng  (TPE:1810) 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.


Hocheng Debt-to-EBITDA Related Terms


Hocheng Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hocheng'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.

Hocheng Debt-to-EBITDA Chart

Hocheng 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 1.10 3.45 3.21 2.69 2.68

Hocheng 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 6.46 2.09 2.95 2.54 0.15

TPE:1810 vs SN, SGI, MHK: Debt-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hocheng'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.


Hocheng Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hocheng's Debt-to-EBITDA distribution charts can be found below:

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


TPE:1810
56GF Score
Hocheng Corp TPE:1810
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hocheng Debt-to-EBITDA Calculation

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

Hocheng'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
=(402.502 + 373.068) / 289.335
=2.68

Hocheng'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
=(399.897 + 365.36) / 5078.364
=0.15

* 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 0.15 mean?
Hocheng (TPE:1810) has a Debt-to-EBITDA of 0.15 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 Hocheng. This is 97% below median its historical median of 4.77. Over the past decade, Hocheng's Debt-to-EBITDA has ranged from 0.50 to 12.68. According to the industry distribution chart, Hocheng ranks #71 out of 333 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21.3%.
Is Hocheng's Debt-to-EBITDA too high?
Hocheng's current Debt-to-EBITDA of 0.15 is 97% below median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 12.68. The Furnishings, Fixtures & Appliances industry median Debt-to-EBITDA is 1.82. Hocheng's value of 0.15 is 91.8% below this industry median. Based on the distribution chart, Hocheng ranks #71 out of 333 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Hocheng has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hocheng's Debt-to-EBITDA compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hocheng ranks #71 out of 333 companies for Debt-to-EBITDA. This places Hocheng in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.82. Hocheng's value of 0.15 is 91.8% below this benchmark. Historically, Hocheng's own Debt-to-EBITDA has ranged from 0.50 to 12.68 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 1.82, Hocheng 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.82, based on 333 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. Hocheng's current Debt-to-EBITDA of 0.15 is 91.8% 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 Hocheng. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hocheng's current Debt-to-EBITDA is 0.15, which is 97% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hocheng stock overvalued right now?
Based on GuruFocus' analysis, Hocheng (TPE:1810) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.95, compared to a current price of NT$26.10 — trading 54% above its estimated fair value. The current Debt-to-EBITDA is 0.15, which is 97% below median its 10-year median of 4.77 and 91.8% below the Furnishings, Fixtures & Appliances industry median of 1.82. Hocheng's overall GF Score™ is 56/100 with 5 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 Hocheng (TPE:1810), the current Debt-to-EBITDA is 0.15 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 Hocheng (TPE:1810) Overvalued in 2026?

Based on GuruFocus' analysis, Hocheng stock appears to be overvalued. The current stock price of NT$26.10 is trading 54% above its estimated GF Value™ of NT$16.95. GuruFocus considers Hocheng to be Significantly Overvalued.

Key valuation signals for TPE:1810:

  • Debt-to-EBITDA: 0.15 (97% below median its 10-year median of 4.77)
  • GF Value™: NT$16.95 vs. price of NT$26.10 (54% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 91.8% below the Furnishings, Fixtures & Appliances median (#71 of 333)

No single metric tells the full story. See the TPE:1810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hocheng Business Description

Address No. 398, Xingshan Road, First floor, Neihu District, Taipei, TWN, 114
Hocheng Corp mainly engages in the manufacturing and trading of residential equipment (i.e., bathtubs, toilets), kitchen equipment, copper pipe equipment, and construction of national housing. It has four reportable departments: The Taiwan business department is engaged in the manufacture and sale of domestic equipment such as bathtubs, toilets, kitchen equipment, and copper pipe equipment. The investment department is engaged in investment in production, securities, construction, tourism and trading. The China business department is engaged in the production of sanitary ware, metal, plastic accessories, and other building and decorative ceramics in China. The Philippine business department is engaged in producing and selling plumbing products. It generates maximum revenue from Taiwan.
56GF Score

Get the complete analysis for TPE:1810

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

NT$26.10
Price
NT$16.95
GF Value