Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Evergreen SteelTPE:2211 +1.61%96 Debt-to-EBITDA is 0.81 as of Mar. 2026, which is 35% above its 10-year median of 0.60. GuruFocus rates TPE:2211 with a GF Score™ of 96/100 and a GF Value™ of NT$102.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 499 Steel companies, Evergreen Steel ranks better than 84.37% 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 Evergreen Steel's Debt-to-EBITDA or its related term are showing as below:
TPE:2211'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04 Med: 0.6 Max: 2.25
Current: 0.51
During the past 10 years, the highest Debt-to-EBITDA Ratio of Evergreen Steel was 2.25. The lowest was 0.04. And the median was 0.60.
TPE:2211's Debt-to-EBITDA is ranked better than 84.37% of 499
companies
in the Steel industry
Industry Median: 2.95
vs TPE:2211: 0.51
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.
Evergreen Steel Debt-to-EBITDA Related Terms
Evergreen Steel Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Evergreen Steel'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.
TPE:2211 vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, Evergreen Steel'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.
Evergreen Steel Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Evergreen Steel's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Evergreen Steel'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.
Evergreen Steel (TPE:2211) has a Debt-to-EBITDA of 0.81 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 Evergreen Steel. This is 35% above median its historical median of 0.60. Over the past decade, Evergreen Steel's Debt-to-EBITDA has ranged from 0.04 to 2.25. According to the industry distribution chart, Evergreen Steel ranks #78 out of 499 companies in the Steel industry, placing it in the top 15.6%.
Is Evergreen Steel's Debt-to-EBITDA too high?
Evergreen Steel's current Debt-to-EBITDA of 0.81 is 35% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.25. The Steel industry median Debt-to-EBITDA is 2.95. Evergreen Steel's value of 0.81 is 72.5% below this industry median. Based on the distribution chart, Evergreen Steel ranks #78 out of 499 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Evergreen Steel has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Steel's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Evergreen Steel ranks #78 out of 499 companies for Debt-to-EBITDA. This places Evergreen Steel in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.95. Evergreen Steel's value of 0.81 is 72.5% below this benchmark. Historically, Evergreen Steel's own Debt-to-EBITDA has ranged from 0.04 to 2.25 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 2.95, Evergreen Steel 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 2.95, based on 499 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. Evergreen Steel's current Debt-to-EBITDA of 0.81 is 72.5% 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 Evergreen Steel. For the Steel industry, the median Debt-to-EBITDA is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Steel's current Debt-to-EBITDA is 0.81, which is 35% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Steel stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Steel (TPE:2211) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$102.88, compared to a current price of NT$82.20 — trading 20.1% below its estimated fair value. The current Debt-to-EBITDA is 0.81, which is 35% above median its 10-year median of 0.60 and 72.5% below the Steel industry median of 2.95. Evergreen Steel's overall GF Score™ is 96/100 with 2 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 Evergreen Steel (TPE:2211), the current Debt-to-EBITDA is 0.81 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 Evergreen Steel (TPE:2211) Overvalued in 2026?
Based on GuruFocus' analysis, Evergreen Steel stock appears to be undervalued.
The current stock price of NT$82.20 is trading 20.1% below its estimated GF Value™ of NT$102.88.
GuruFocus considers Evergreen Steel to be Modestly Undervalued.
Key valuation signals for TPE:2211:
Debt-to-EBITDA: 0.81 (35% above median its 10-year median of 0.60)
GF Value™: NT$102.88 vs. price of NT$82.20 (20.1% below fair value)
Industry Position: 72.5% below the Steel median (#78 of 499)
No single metric tells the full story. See the TPE:2211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evergreen Steel Corp is engaged in steel structure engineering and related construction services. Its operations include the design, manufacture, and installation of steel structures for high-rise buildings, factories, bridges, and other special construction projects. The company also provides container inspection, maintenance, and repair services for shipping companies.
96GF Score
Get the complete analysis for TPE:2211
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2211 has been successfully added to your 
