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D-LinkTPE:2332 -0.22%59 Debt-to-EBITDA is 2.04 as of Mar. 2026, which is 98% above its 10-year median of 1.03. GuruFocus rates TPE:2332 with a GF Score™ of 59/100 and a GF Value™ of NT$15.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,793 Hardware companies, D-Link ranks worse than 69.16% 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 D-Link's Debt-to-EBITDA or its related term are showing as below:
TPE:2332'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.6 Med: 1.03 Max: 15.68
Current: 3.46
During the past 13 years, the highest Debt-to-EBITDA Ratio of D-Link was 15.68. The lowest was -4.60. And the median was 1.03.
TPE:2332's Debt-to-EBITDA is ranked worse than 69.16% of 1793
companies
in the Hardware industry
Industry Median: 1.7
vs TPE:2332: 3.46
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.
D-Link Debt-to-EBITDA Related Terms
D-Link Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for D-Link'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:2332 vs CSCO, MSI, HPE: Debt-to-EBITDA Comparison
For the Communication Equipment subindustry, D-Link'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.
D-Link Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, D-Link's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where D-Link'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.
D-Link (TPE:2332) has a Debt-to-EBITDA of 2.04 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 D-Link. This is 98% above median its historical median of 1.03. According to the industry distribution chart, D-Link ranks #1240 out of 1793 companies in the Hardware industry, placing it in the top 69.2%.
Is D-Link's Debt-to-EBITDA too high?
D-Link's current Debt-to-EBITDA of 2.04 is 98% above median its 10-year median of 1.03. The Hardware industry median Debt-to-EBITDA is 1.70. D-Link's value of 2.04 is 20% above this industry median. Based on the distribution chart, D-Link ranks #1240 out of 1793 companies in the Hardware industry, which is below the industry midpoint. Overall, D-Link has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Link's Debt-to-EBITDA compare to CSCO and MSI?
According to the Hardware industry distribution chart, D-Link ranks #1240 out of 1793 companies for Debt-to-EBITDA. This places D-Link in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. D-Link's value of 2.04 is 20% above this benchmark. While the company's 10-year median is 1.03 vs. the industry median of 1.70, D-Link 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 1.70, based on 1,793 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. D-Link's current Debt-to-EBITDA of 2.04 is 20% 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 D-Link. For the Hardware industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-Link's current Debt-to-EBITDA is 2.04, which is 98% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Link stock overvalued right now?
Based on GuruFocus' analysis, D-Link (TPE:2332) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.50, compared to a current price of NT$22.60 — trading 45.8% above its estimated fair value. The current Debt-to-EBITDA is 2.04, which is 98% above median its 10-year median of 1.03 and 20% above the Hardware industry median of 1.70. D-Link's overall GF Score™ is 59/100 with 7 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 D-Link (TPE:2332), the current Debt-to-EBITDA is 2.04 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 D-Link (TPE:2332) Overvalued in 2026?
Based on GuruFocus' analysis, D-Link stock appears to be overvalued.
The current stock price of NT$22.60 is trading 45.8% above its estimated GF Value™ of NT$15.50.
GuruFocus considers D-Link to be Significantly Overvalued.
Key valuation signals for TPE:2332:
Debt-to-EBITDA: 2.04 (98% above median its 10-year median of 1.03)
GF Value™: NT$15.50 vs. price of NT$22.60 (45.8% above fair value)
Industry Position: 20% above the Hardware median (#1240 of 1793)
No single metric tells the full story. See the TPE:2332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
D-Link Corp is engaged in the research, development, and sale of computer network systems, wireless LAN products, and spare parts for integrated circuits. The main products offered by the Group include wi-fi routers, webcams, wireless network cards, micro data center switches, IP surveillance solutions, Ethernet switches, etc., under various agency brands such as Cyberbit, Juniper, Ruckus, SonicWall, A10, and others. The Group has three reportable segments: American markets, European markets, and Asian markets and others. The majority of its revenue is generated from the Asian markets and others segment.
59GF Score
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