Everspring Industry Co (TPE:2390) Debt-to-EBITDA : 0.40 (As of Mar. 2026)

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TPE:2390 Everspring Industry Co Ltd TPE:2390
75 GF Score
Price NT$10.25
GF Value NT$12.58
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Everspring Industry Co Debt-to-EBITDA?

Everspring Industry Co TPE:2390 75 Debt-to-EBITDA is 0.40 as of Mar. 2026. GuruFocus rates TPE:2390 with a GF Score™ of 75/100 and a GF Value™ of NT$12.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 833 Business Services companies, Everspring Industry Co ranks worse than 89.08% on this metric.

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

Everspring Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$183.9 Mil. Everspring Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$4.0 Mil. Everspring Industry Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$467.0 Mil. Everspring Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.40.

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

TPE:2390' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.9   Med: -0.93   Max: 11.49
Current: 6.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Everspring Industry Co was 11.49. The lowest was -11.90. And the median was -0.93.

TPE:2390's Debt-to-EBITDA is ranked worse than
89.08% of 833 companies
in the Business Services industry
Industry Median: 1.64 vs TPE:2390: 6.73

Everspring Industry Co  (TPE:2390) 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.


Everspring Industry Co Debt-to-EBITDA Related Terms


Everspring Industry Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Everspring Industry 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.

Everspring Industry Co Debt-to-EBITDA Chart

Everspring Industry 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 0.09 -0.38 -11.90 -1.47 11.49

Everspring Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.49 -0.69 -2.70 -1.61 0.40

TPE:2390 vs ALLE, MSA, ADT: Debt-to-EBITDA Comparison

For the Security & Protection Services subindustry, Everspring Industry 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.


Everspring Industry Co Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, Everspring Industry Co's Debt-to-EBITDA distribution charts can be found below:

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


TPE:2390
75GF Score
Everspring Industry Co Ltd TPE:2390
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everspring Industry Co Debt-to-EBITDA Calculation

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

Everspring Industry 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
=(189.975 + 2.743) / 16.775
=11.49

Everspring Industry Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(183.862 + 3.989) / 466.96
=0.40

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.40 mean?
Everspring Industry Co (TPE:2390) has a Debt-to-EBITDA of 0.40 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 Everspring Industry Co. According to the industry distribution chart, Everspring Industry Co ranks #742 out of 833 companies in the Business Services industry, placing it in the top 89.1%.
Is Everspring Industry Co's Debt-to-EBITDA too high?
Everspring Industry Co's current Debt-to-EBITDA is 0.40. The Business Services industry median Debt-to-EBITDA is 1.64. Everspring Industry Co's value of 0.40 is 75.6% below this industry median. Based on the distribution chart, Everspring Industry Co ranks #742 out of 833 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Everspring Industry Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everspring Industry Co's Debt-to-EBITDA compare to ALLE and MSA?
According to the Business Services industry distribution chart, Everspring Industry Co ranks #742 out of 833 companies for Debt-to-EBITDA. This places Everspring Industry Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. Everspring Industry Co's value of 0.40 is 75.6% below 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.64, based on 833 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. Everspring Industry Co's current Debt-to-EBITDA of 0.40 is 75.6% 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 Everspring Industry Co. For the Business Services industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspring Industry Co's current Debt-to-EBITDA is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspring Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Everspring Industry Co (TPE:2390) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.58, compared to a current price of NT$10.25 — trading 18.5% below its estimated fair value. The current Debt-to-EBITDA is 0.40 and 75.6% below the Business Services industry median of 1.64. Everspring Industry Co's overall GF Score™ is 75/100 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 Everspring Industry Co (TPE:2390), the current Debt-to-EBITDA is 0.40 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 Everspring Industry Co (TPE:2390) Overvalued in 2026?

Based on GuruFocus' analysis, Everspring Industry Co stock appears to be undervalued. The current stock price of NT$10.25 is trading 18.5% below its estimated GF Value™ of NT$12.58. GuruFocus considers Everspring Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2390:

  • Debt-to-EBITDA: 0.40
  • GF Value™: NT$12.58 vs. price of NT$10.25 (18.5% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 75.6% below the Business Services median (#742 of 833)

No single metric tells the full story. See the TPE:2390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everspring Industry Co Business Description

Address Zhonghua Road, Sector 1, 3rd Floor, No.50, Tucheng District, New Taipei City, TWN, 23666
Everspring Industry Co Ltd is a Taiwan-based company engaged in the production, manufacturing, reprocessing and trading of burglar alarm and other electronic products and parts. The company offers home and building solutions that cover products such as control panel, alarm system, automation, system, and other related products. Its reportable segments are Intelligent security control and the Security service segment. Geographically, the company derives its key revenue from Taiwan and the rest from China, and other regions.
75GF Score

Get the complete analysis for TPE:2390

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

NT$10.25
Price
NT$12.58
GF Value