RAC Electric Vehicles (TPE:2237) Debt-to-EBITDA : 3.24 (As of Jun. 2026)

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TPE:2237 RAC Electric Vehicles Inc TPE:2237
50 GF Score
Price NT$28.00
GF Value NT$54.41
Valuation Significantly Undervalued
! 5 Warning Signs
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What is RAC Electric Vehicles Debt-to-EBITDA?

RAC Electric Vehicles TPE:2237 +0.36% 50 Debt-to-EBITDA is 3.24 as of Jun. 2026. GuruFocus rates TPE:2237 with a GF Score™ of 50/100 and a GF Value™ of NT$54.41 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,109 Vehicles & Parts companies, RAC Electric Vehicles ranks worse than 72.05% on this metric.

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

RAC Electric Vehicles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,617 Mil. RAC Electric Vehicles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$283 Mil. RAC Electric Vehicles's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$586 Mil. RAC Electric Vehicles's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.24.

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 RAC Electric Vehicles's Debt-to-EBITDA or its related term are showing as below:

TPE:2237' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -24.41   Med: -1.69   Max: 4.59
Current: 4.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of RAC Electric Vehicles was 4.59. The lowest was -24.41. And the median was -1.69.

TPE:2237's Debt-to-EBITDA is ranked worse than
72.05% of 1109 companies
in the Vehicles & Parts industry
Industry Median: 2.29 vs TPE:2237: 4.02

RAC Electric Vehicles  (TPE:2237) 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.


RAC Electric Vehicles Debt-to-EBITDA Related Terms


RAC Electric Vehicles Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for RAC Electric Vehicles'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.

RAC Electric Vehicles Debt-to-EBITDA Chart

RAC Electric Vehicles 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 -4.63 -6.40 -24.41 -10.68 4.59

RAC Electric Vehicles Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 -3.31 8.45 5.32 3.54 3.24

TPE:2237 vs TSLA, GM, F: Debt-to-EBITDA Comparison

For the Auto Manufacturers subindustry, RAC Electric Vehicles'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.


RAC Electric Vehicles Debt-to-EBITDA vs Vehicles & Parts Industry

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

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


TPE:2237
50GF Score
RAC Electric Vehicles Inc TPE:2237
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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RAC Electric Vehicles Debt-to-EBITDA Calculation

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

RAC Electric Vehicles'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
=(1036.124 + 234.252) / 276.888
=4.59

RAC Electric Vehicles's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1616.757 + 282.539) / 585.534
=3.24

* 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 two times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.24 mean?
RAC Electric Vehicles (TPE:2237) has a Debt-to-EBITDA of 3.24 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on RAC Electric Vehicles. According to the industry distribution chart, RAC Electric Vehicles ranks #799 out of 1109 companies in the Vehicles & Parts industry, placing it in the top 72%.
Is RAC Electric Vehicles' Debt-to-EBITDA too high?
RAC Electric Vehicles' current Debt-to-EBITDA is 3.24. The Vehicles & Parts industry median Debt-to-EBITDA is 2.29. RAC Electric Vehicles' value of 3.24 is 41.5% above this industry median. Based on the distribution chart, RAC Electric Vehicles ranks #799 out of 1109 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, RAC Electric Vehicles has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAC Electric Vehicles' Debt-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, RAC Electric Vehicles ranks #799 out of 1109 companies for Debt-to-EBITDA. This places RAC Electric Vehicles in the lower half of its industry. The industry median Debt-to-EBITDA is 2.29. RAC Electric Vehicles' value of 3.24 is 41.5% above this benchmark. 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 1,109 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. RAC Electric Vehicles's current Debt-to-EBITDA of 3.24 is 41.5% 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 RAC Electric Vehicles. 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. RAC Electric Vehicles's current Debt-to-EBITDA is 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAC Electric Vehicles stock overvalued right now?
Based on GuruFocus' analysis, RAC Electric Vehicles (TPE:2237) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$54.41, compared to a current price of NT$28.00 — trading 48.5% below its estimated fair value. The current Debt-to-EBITDA is 3.24 and 41.5% above the Vehicles & Parts industry median of 2.29. RAC Electric Vehicles' overall GF Score™ is 50/100 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 RAC Electric Vehicles (TPE:2237), the current Debt-to-EBITDA is 3.24 as of Jun. 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 RAC Electric Vehicles (TPE:2237) Overvalued in 2026?

Based on GuruFocus' analysis, RAC Electric Vehicles stock appears to be undervalued. The current stock price of NT$28.00 is trading 48.5% below its estimated GF Value™ of NT$54.41. GuruFocus considers RAC Electric Vehicles to be Significantly Undervalued.

Key valuation signals for TPE:2237:

  • Debt-to-EBITDA: 3.24
  • GF Value™: NT$54.41 vs. price of NT$28.00 (48.5% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 41.5% above the Vehicles & Parts median (#799 of 1109)

No single metric tells the full story. See the TPE:2237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RAC Electric Vehicles Business Description

Address No. 33, Lane 291, Wuqing Road, Dayuan District, Taoyuan, TWN
RAC Electric Vehicles Inc is a Taiwan-licensed car manufacturer, to develop an all-electric low-floor city bus. The comapny's main businesses include battery manufacturing, battery wholesale, manufacturing of automotive and parts, and the retail of auto and motorcycle parts and accessories.
50GF Score

Get the complete analysis for TPE:2237

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

NT$28.00
Price
NT$54.41
GF Value