Tecom Co (TPE:2321) Debt-to-EBITDA : 5.06 (As of Jun. 2026) — 73% Below Median

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TPE:2321 Tecom Co Ltd TPE:2321
57 GF Score
Price NT$14.50
GF Value NT$9.73
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tecom Co Debt-to-EBITDA?

Tecom Co TPE:2321 57 Debt-to-EBITDA is 5.06 as of Jun. 2026, which is 73% below its 10-year median of 18.76. GuruFocus rates TPE:2321 with a GF Score™ of 57/100 and a GF Value™ of NT$9.73 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,798 Hardware companies, Tecom Co ranks worse than 91.05% on this metric.

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

Tecom Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$213.9 Mil. Tecom Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$369.7 Mil. Tecom Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$115.4 Mil. Tecom Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 5.06.

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

TPE:2321' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -31.17   Med: 18.76   Max: 172.2
Current: 10.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tecom Co was 172.20. The lowest was -31.17. And the median was 18.76.

TPE:2321's Debt-to-EBITDA is ranked worse than
91.05% of 1798 companies
in the Hardware industry
Industry Median: 1.72 vs TPE:2321: 10.21

Tecom Co  (TPE:2321) 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.


Tecom Co Debt-to-EBITDA Related Terms


Tecom Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tecom 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.

Tecom Co Debt-to-EBITDA Chart

Tecom 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 16.98 12.62 20.54 24.15 16.73

Tecom Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 11.80 8.53 839.72 12.75 5.06

TPE:2321 vs CSCO, MSI, LITE: Debt-to-EBITDA Comparison

For the Communication Equipment subindustry, Tecom 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.


Tecom Co Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Tecom Co's Debt-to-EBITDA distribution charts can be found below:

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


TPE:2321
57GF Score
Tecom Co Ltd TPE:2321
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecom Co Debt-to-EBITDA Calculation

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

Tecom 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
=(219.183 + 355.183) / 34.328
=16.73

Tecom Co'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
=(213.933 + 369.734) / 115.364
=5.06

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 5.06 mean?
Tecom Co (TPE:2321) has a Debt-to-EBITDA of 5.06 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 Tecom Co. This is 73% below median its historical median of 18.76. According to the industry distribution chart, Tecom Co ranks #1637 out of 1798 companies in the Hardware industry, placing it in the top 91%.
Is Tecom Co's Debt-to-EBITDA too high?
Tecom Co's current Debt-to-EBITDA of 5.06 is 73% below median its 10-year median of 18.76. The Hardware industry median Debt-to-EBITDA is 1.72. Tecom Co's value of 5.06 is 194.2% above this industry median. Based on the distribution chart, Tecom Co ranks #1637 out of 1798 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tecom Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecom Co's Debt-to-EBITDA compare to CSCO and MSI?
According to the Hardware industry distribution chart, Tecom Co ranks #1637 out of 1798 companies for Debt-to-EBITDA. This places Tecom Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.72. Tecom Co's value of 5.06 is 194.2% above this benchmark. While the company's 10-year median is 18.76 vs. the industry median of 1.72, Tecom 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, based on 1,798 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. Tecom Co's current Debt-to-EBITDA of 5.06 is 194.2% 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 Tecom Co. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecom Co's current Debt-to-EBITDA is 5.06, which is 73% below median its own 10-year median of 18.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecom Co stock overvalued right now?
Based on GuruFocus' analysis, Tecom Co (TPE:2321) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.73, compared to a current price of NT$14.50 — trading 49% above its estimated fair value. The current Debt-to-EBITDA is 5.06, which is 73% below median its 10-year median of 18.76 and 194.2% above the Hardware industry median of 1.72. Tecom Co's overall GF Score™ is 57/100 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 Tecom Co (TPE:2321), the current Debt-to-EBITDA is 5.06 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 Tecom Co (TPE:2321) Overvalued in 2026?

Based on GuruFocus' analysis, Tecom Co stock appears to be overvalued. The current stock price of NT$14.50 is trading 49% above its estimated GF Value™ of NT$9.73. GuruFocus considers Tecom Co to be Significantly Overvalued.

Key valuation signals for TPE:2321:

  • Debt-to-EBITDA: 5.06 (73% below median its 10-year median of 18.76)
  • GF Value™: NT$9.73 vs. price of NT$14.50 (49% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 194.2% above the Hardware median (#1637 of 1798)

No single metric tells the full story. See the TPE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecom Co Business Description

Address No. 23, Research and Development 2nd Road, Science Park, Hsinchu City, TWN, 300
Tecom Co Ltd is a Taiwan-based telecommunications equipment maker. The company specializes in providing communication convergence solutions for enterprise, carrier, and consumer markets. Its product portfolio includes smartphone business systems, business phone systems, carriers, smart home systems, smart video doorbells, vibration diagnoses, and (internet protocol) IP phones. The Group mainly derives it's revenue from business communication systems, smart electromechanics, and fiber optic cables. The company integrates voice communication, network communication, wireless communication, optical communication and mobile communication services. It operates in USA, Taiwan and Other countries.
57GF Score

Get the complete analysis for TPE:2321

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

NT$14.50
Price
NT$9.73
GF Value