Kenda Rubber Industrial Co (TPE:2106) Debt-to-EBITDA : 6.88 (As of Mar. 2026) — 21% Above Median

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TPE:2106 Kenda Rubber Industrial Co Ltd TPE:2106
58 GF Score
Price NT$18.20
GF Value NT$27.54
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Kenda Rubber Industrial Co Debt-to-EBITDA?

Kenda Rubber Industrial Co TPE:2106 -3.70% 58 Debt-to-EBITDA is 6.88 as of Mar. 2026, which is 21% above its 10-year median of 5.70. GuruFocus rates TPE:2106 with a GF Score™ of 58/100 and a GF Value™ of NT$27.54 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,102 Vehicles & Parts companies, Kenda Rubber Industrial Co ranks worse than 86.84% on this metric.

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

Kenda Rubber Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$4,726 Mil. Kenda Rubber Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$15,904 Mil. Kenda Rubber Industrial Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$3,000 Mil. Kenda Rubber Industrial Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.88.

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 Kenda Rubber Industrial Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2106' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.75   Med: 5.7   Max: 7.71
Current: 7.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kenda Rubber Industrial Co was 7.71. The lowest was 2.75. And the median was 5.70.

TPE:2106's Debt-to-EBITDA is ranked worse than
86.84% of 1102 companies
in the Vehicles & Parts industry
Industry Median: 2.285 vs TPE:2106: 7.59

Kenda Rubber Industrial Co  (TPE:2106) 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.


Kenda Rubber Industrial Co Debt-to-EBITDA Related Terms


Kenda Rubber Industrial Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kenda Rubber Industrial 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.

Kenda Rubber Industrial Co Debt-to-EBITDA Chart

Kenda Rubber Industrial 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 5.78 7.22 4.89 4.96 7.31

Kenda Rubber Industrial 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 6.67 8.33 6.89 7.03 6.88

TPE:2106 vs ORLY, AZO: Debt-to-EBITDA Comparison

For the Auto Parts subindustry, Kenda Rubber Industrial 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.


Kenda Rubber Industrial Co Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kenda Rubber Industrial Co's Debt-to-EBITDA falls into.


TPE:2106
58GF Score
Kenda Rubber Industrial Co Ltd TPE:2106
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenda Rubber Industrial Co Debt-to-EBITDA Calculation

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

Kenda Rubber Industrial 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
=(4422.463 + 15284.511) / 2695.479
=7.31

Kenda Rubber Industrial 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
=(4726.054 + 15903.982) / 3000.368
=6.88

* 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 6.88 mean?
Kenda Rubber Industrial Co (TPE:2106) has a Debt-to-EBITDA of 6.88 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 Kenda Rubber Industrial Co. This is 21% above median its historical median of 5.70. Over the past decade, Kenda Rubber Industrial Co's Debt-to-EBITDA has ranged from 2.75 to 7.71. According to the industry distribution chart, Kenda Rubber Industrial Co ranks #957 out of 1102 companies in the Vehicles & Parts industry, placing it in the top 86.8%.
Is Kenda Rubber Industrial Co's Debt-to-EBITDA too high?
Kenda Rubber Industrial Co's current Debt-to-EBITDA of 6.88 is 21% above median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 7.71. The Vehicles & Parts industry median Debt-to-EBITDA is 2.29. Kenda Rubber Industrial Co's value of 6.88 is 201.1% above this industry median. Based on the distribution chart, Kenda Rubber Industrial Co ranks #957 out of 1102 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Kenda Rubber Industrial Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kenda Rubber Industrial Co ranks #957 out of 1102 companies for Debt-to-EBITDA. This places Kenda Rubber Industrial Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.29. Kenda Rubber Industrial Co's value of 6.88 is 201.1% above this benchmark. Historically, Kenda Rubber Industrial Co's own Debt-to-EBITDA has ranged from 2.75 to 7.71 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 2.29, Kenda Rubber Industrial 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.29, based on 1,102 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. Kenda Rubber Industrial Co's current Debt-to-EBITDA of 6.88 is 201.1% 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 Kenda Rubber Industrial Co. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kenda Rubber Industrial Co's current Debt-to-EBITDA is 6.88, which is 21% above median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.54, compared to a current price of NT$18.20 — trading 33.9% below its estimated fair value. The current Debt-to-EBITDA is 6.88, which is 21% above median its 10-year median of 5.70 and 201.1% above the Vehicles & Parts industry median of 2.29. Kenda Rubber Industrial Co's overall GF Score™ is 58/100 with 9 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 Kenda Rubber Industrial Co (TPE:2106), the current Debt-to-EBITDA is 6.88 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?

Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued. The current stock price of NT$18.20 is trading 33.9% below its estimated GF Value™ of NT$27.54. GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:2106:

  • Debt-to-EBITDA: 6.88 (21% above median its 10-year median of 5.70)
  • GF Value™: NT$27.54 vs. price of NT$18.20 (33.9% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 201.1% above the Vehicles & Parts median (#957 of 1102)

No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kenda Rubber Industrial Co Business Description

Address Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN, 510
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
58GF Score

Get the complete analysis for TPE:2106

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

NT$18.20
Price
NT$27.54
GF Value