Tung Ho Steel Enterprise (TPE:2006) Debt-to-EBITDA : 0.74 (As of Mar. 2026) — 67% Below Median

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TPE:2006 Tung Ho Steel Enterprise Corp TPE:2006
86 GF Score
Price NT$86.20
GF Value NT$65.29
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Tung Ho Steel Enterprise Debt-to-EBITDA?

Tung Ho Steel Enterprise TPE:2006 +9.95% 86 Debt-to-EBITDA is 0.74 as of Mar. 2026, which is 67% below its 10-year median of 2.21. GuruFocus rates TPE:2006 with a GF Score™ of 86/100 and a GF Value™ of NT$65.29 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 494 Steel companies, Tung Ho Steel Enterprise ranks better than 80.97% on this metric.

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

Tung Ho Steel Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$5,495 Mil. Tung Ho Steel Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$452 Mil. Tung Ho Steel Enterprise's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$7,993 Mil. Tung Ho Steel Enterprise's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.74.

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 Tung Ho Steel Enterprise's Debt-to-EBITDA or its related term are showing as below:

TPE:2006' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.75   Med: 2.21   Max: 6.78
Current: 0.75

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tung Ho Steel Enterprise was 6.78. The lowest was 0.75. And the median was 2.21.

TPE:2006's Debt-to-EBITDA is ranked better than
80.97% of 494 companies
in the Steel industry
Industry Median: 2.9 vs TPE:2006: 0.75

Tung Ho Steel Enterprise  (TPE:2006) 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.


Tung Ho Steel Enterprise Debt-to-EBITDA Related Terms


Tung Ho Steel Enterprise Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tung Ho Steel Enterprise'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.

Tung Ho Steel Enterprise Debt-to-EBITDA Chart

Tung Ho Steel Enterprise 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 1.79 2.46 1.95 1.62 1.00

Tung Ho Steel Enterprise 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 1.43 1.64 1.30 0.91 0.74

TPE:2006 vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Tung Ho Steel Enterprise'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.


Tung Ho Steel Enterprise Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tung Ho Steel Enterprise's Debt-to-EBITDA falls into.


TPE:2006
86GF Score
Tung Ho Steel Enterprise Corp TPE:2006
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tung Ho Steel Enterprise Debt-to-EBITDA Calculation

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

Tung Ho Steel Enterprise'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
=(6304.265 + 1490.349) / 7791.385
=1.00

Tung Ho Steel Enterprise'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
=(5495.227 + 452.245) / 7992.68
=0.74

* 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 0.74 mean?
Tung Ho Steel Enterprise (TPE:2006) has a Debt-to-EBITDA of 0.74 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 Tung Ho Steel Enterprise. This is 67% below median its historical median of 2.21. Over the past decade, Tung Ho Steel Enterprise's Debt-to-EBITDA has ranged from 0.75 to 6.78. According to the industry distribution chart, Tung Ho Steel Enterprise ranks #94 out of 494 companies in the Steel industry, placing it in the top 19%.
Is Tung Ho Steel Enterprise's Debt-to-EBITDA too high?
Tung Ho Steel Enterprise's current Debt-to-EBITDA of 0.74 is 67% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 6.78. The Steel industry median Debt-to-EBITDA is 2.90. Tung Ho Steel Enterprise's value of 0.74 is 74.5% below this industry median. Based on the distribution chart, Tung Ho Steel Enterprise ranks #94 out of 494 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tung Ho Steel Enterprise has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tung Ho Steel Enterprise's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Tung Ho Steel Enterprise ranks #94 out of 494 companies for Debt-to-EBITDA. This places Tung Ho Steel Enterprise in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.90. Tung Ho Steel Enterprise's value of 0.74 is 74.5% below this benchmark. Historically, Tung Ho Steel Enterprise's own Debt-to-EBITDA has ranged from 0.75 to 6.78 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 2.90, Tung Ho Steel Enterprise 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.90, based on 494 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. Tung Ho Steel Enterprise's current Debt-to-EBITDA of 0.74 is 74.5% 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 Tung Ho Steel Enterprise. For the Steel industry, the median Debt-to-EBITDA is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Ho Steel Enterprise's current Debt-to-EBITDA is 0.74, which is 67% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Ho Steel Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise (TPE:2006) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$65.29, compared to a current price of NT$86.20 — trading 32% above its estimated fair value. The current Debt-to-EBITDA is 0.74, which is 67% below median its 10-year median of 2.21 and 74.5% below the Steel industry median of 2.90. Tung Ho Steel Enterprise's overall GF Score™ is 86/100 with 8 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 Tung Ho Steel Enterprise (TPE:2006), the current Debt-to-EBITDA is 0.74 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 Tung Ho Steel Enterprise (TPE:2006) Overvalued in 2026?

Based on GuruFocus' analysis, Tung Ho Steel Enterprise stock appears to be overvalued. The current stock price of NT$86.20 is trading 32% above its estimated GF Value™ of NT$65.29. GuruFocus considers Tung Ho Steel Enterprise to be Significantly Overvalued.

Key valuation signals for TPE:2006:

  • Debt-to-EBITDA: 0.74 (67% below median its 10-year median of 2.21)
  • GF Value™: NT$65.29 vs. price of NT$86.20 (32% above fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 74.5% below the Steel median (#94 of 494)

No single metric tells the full story. See the TPE:2006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tung Ho Steel Enterprise Business Description

Address Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 104
Tung Ho Steel Enterprise Corp manufactures and sells Re-Bar, section, and plate. It processes, and sells reinforcing bars, flat iron, angle iron, wire rod, and other steel products; manufactures, processes, and sells structural steel, alloy steel, tool steel, high carbon steel, and other special steels; ship dismantling; used ship sales. Its segments include Steel segment including the Taipei headquarters, Taoyuan processing center, Taoyuan plant, Taichung port logistics center, Miaoli Plant, Kaohsiung plant and THSVC, engaged in the manufacture and sale of steel products; and Steel Structure segment including Tung Kang Steel Structure Corp, Tung Kang Engineering & Construction Corp, engaged in steel structure processing, steel structure engineering and civil construction engineering.
86GF Score

Get the complete analysis for TPE:2006

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

NT$86.20
Price
NT$65.29
GF Value