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Hwa Fong Rubber Ind CoTPE:2109 70 Debt-to-EBITDA is 2.44 as of Mar. 2026, which is 7% above its 10-year median of 2.28. GuruFocus rates TPE:2109 with a GF Score™ of 70/100 and a GF Value™ of NT$14.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,100 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks worse than 76% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Hwa Fong Rubber Ind Co's Debt-to-EBITDA or its related term are showing as below:
TPE:2109'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.35 Med: 2.28 Max: 8.57
Current: 4.6
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hwa Fong Rubber Ind Co was 8.57. The lowest was -4.35. And the median was 2.28.
TPE:2109's Debt-to-EBITDA is ranked worse than 76% of 1100
companies
in the Vehicles & Parts industry
Industry Median: 2.26
vs TPE:2109: 4.60
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.
Hwa Fong Rubber Ind Co Debt-to-EBITDA Related Terms
Hwa Fong Rubber Ind Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Hwa Fong Rubber Ind 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.
For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co's Debt-to-EBITDA falls into.
* 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.
Hwa Fong Rubber Ind Co (TPE:2109) has a Debt-to-EBITDA of 2.44 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 Hwa Fong Rubber Ind Co. This is near median its historical median of 2.28. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #836 out of 1100 companies in the Vehicles & Parts industry, placing it in the top 76%.
Is Hwa Fong Rubber Ind Co's Debt-to-EBITDA too high?
Hwa Fong Rubber Ind Co's current Debt-to-EBITDA of 2.44 is near median its 10-year median of 2.28. The Vehicles & Parts industry median Debt-to-EBITDA is 2.26. Hwa Fong Rubber Ind Co's value of 2.44 is 8% above this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #836 out of 1100 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Debt-to-EBITDA compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #836 out of 1100 companies for Debt-to-EBITDA. This places Hwa Fong Rubber Ind Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.26. Hwa Fong Rubber Ind Co's value of 2.44 is 8% above this benchmark. While the company's 10-year median is 2.28 vs. the industry median of 2.26, Hwa Fong Rubber Ind 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 2.26, based on 1,100 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. Hwa Fong Rubber Ind Co's current Debt-to-EBITDA of 2.44 is 8% 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 Hwa Fong Rubber Ind Co. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current Debt-to-EBITDA is 2.44, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.73, compared to a current price of NT$14.45 — trading 1.9% below its estimated fair value. The current Debt-to-EBITDA is 2.44, which is near median its 10-year median of 2.28 and 8% above the Vehicles & Parts industry median of 2.26. Hwa Fong Rubber Ind Co's overall GF Score™ is 70/100 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 Hwa Fong Rubber Ind Co (TPE:2109), the current Debt-to-EBITDA is 2.44 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued.
The current stock price of NT$14.45 is trading 1.9% below its estimated GF Value™ of NT$14.73.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
Debt-to-EBITDA: 2.44 (near median its 10-year median of 2.28)
GF Value™: NT$14.73 vs. price of NT$14.45 (1.9% below fair value)
Industry Position: 8% above the Vehicles & Parts median (#836 of 1100)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
70GF Score
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