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.
Elite Material CoTPE:2383 +3.52%77 Debt-to-EBITDA is 0.80 as of Mar. 2026, which is 10% above its 10-year median of 0.73. GuruFocus rates TPE:2383 with a GF Score™ of 77/100 and a GF Value™ of NT$1,535.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,794 Hardware companies, Elite Material Co ranks better than 61.09% 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 Elite Material Co's Debt-to-EBITDA or its related term are showing as below:
TPE:2383'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31 Med: 0.73 Max: 1.36
Current: 1.06
During the past 13 years, the highest Debt-to-EBITDA Ratio of Elite Material Co was 1.36. The lowest was 0.31. And the median was 0.73.
TPE:2383's Debt-to-EBITDA is ranked better than 61.09% of 1794
companies
in the Hardware industry
Industry Median: 1.69
vs TPE:2383: 1.06
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.
Elite Material Co Debt-to-EBITDA Related Terms
Elite Material Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Elite Material 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.
TPE:2383 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Elite Material 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.
Elite Material Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Elite Material Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Elite Material 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.
Elite Material Co (TPE:2383) has a Debt-to-EBITDA of 0.80 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 Elite Material Co. This is 10% above median its historical median of 0.73. Over the past decade, Elite Material Co's Debt-to-EBITDA has ranged from 0.31 to 1.36. According to the industry distribution chart, Elite Material Co ranks #698 out of 1794 companies in the Hardware industry, placing it in the top 38.9%.
Is Elite Material Co's Debt-to-EBITDA too high?
Elite Material Co's current Debt-to-EBITDA of 0.80 is 10% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.36. The Hardware industry median Debt-to-EBITDA is 1.69. Elite Material Co's value of 0.80 is 52.7% below this industry median. Based on the distribution chart, Elite Material Co ranks #698 out of 1794 companies in the Hardware industry, which is above the industry midpoint. Overall, Elite Material Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Material Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Elite Material Co ranks #698 out of 1794 companies for Debt-to-EBITDA. This puts Elite Material Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.69. Elite Material Co's value of 0.80 is 52.7% below this benchmark. Historically, Elite Material Co's own Debt-to-EBITDA has ranged from 0.31 to 1.36 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.69, Elite Material Co 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.69, based on 1,794 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. Elite Material Co's current Debt-to-EBITDA of 0.80 is 52.7% 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 Elite Material Co. For the Hardware industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Material Co's current Debt-to-EBITDA is 0.80, which is 10% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Material Co stock overvalued right now?
Based on GuruFocus' analysis, Elite Material Co (TPE:2383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,535.21, compared to a current price of NT$5,730.00 — trading 273.2% above its estimated fair value. The current Debt-to-EBITDA is 0.80, which is 10% above median its 10-year median of 0.73 and 52.7% below the Hardware industry median of 1.69. Elite Material Co's overall GF Score™ is 77/100 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 Elite Material Co (TPE:2383), the current Debt-to-EBITDA is 0.80 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 Elite Material Co (TPE:2383) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Material Co stock appears to be overvalued.
The current stock price of NT$5,730.00 is trading 273.2% above its estimated GF Value™ of NT$1,535.21.
GuruFocus considers Elite Material Co to be Significantly Overvalued.
Key valuation signals for TPE:2383:
Debt-to-EBITDA: 0.80 (10% above median its 10-year median of 0.73)
GF Value™: NT$1,535.21 vs. price of NT$5,730.00 (273.2% above fair value)
Industry Position: 52.7% below the Hardware median (#698 of 1794)
No single metric tells the full story. See the TPE:2383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals, raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: the domestic segment produces and sells various types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components; the Foreign segment produces and sells prepreg for printed circuit boards and copper-clad laminates; and the Other segment includes investment and product exchange business. Geographically, it operates in Taiwan, China, and Other countries.
77GF Score
Get the complete analysis for TPE:2383
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:2383 has been successfully added to your 
