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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 Thinking Electronic Industrial Co's Debt-to-EBITDA or its related term are showing as below:
TPE:2428'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18 Med: 0.59 Max: 0.88
Current: 0.62
During the past 13 years, the highest Debt-to-EBITDA Ratio of Thinking Electronic Industrial Co was 0.88. The lowest was 0.18. And the median was 0.59.
TPE:2428's Debt-to-EBITDA is ranked better than 68.49% of 1793
companies
in the Hardware industry
Industry Median: 1.67
vs TPE:2428: 0.62
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.
Thinking Electronic Industrial Co Debt-to-EBITDA Related Terms
Thinking Electronic Industrial Co Debt-to-EBITDA Historical Data
* 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.
Thinking Electronic Industrial Co Debt-to-EBITDA Chart
TPE:2428 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Thinking Electronic Industrial 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.
Thinking Electronic Industrial Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thinking Electronic Industrial 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 (Jun. 2026) EBITDA data.
Thinking Electronic Industrial Co (TPE:2428) has a Debt-to-EBITDA of 0.43 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 Thinking Electronic Industrial Co. This is 27% below median its historical median of 0.59. Over the past decade, Thinking Electronic Industrial Co's Debt-to-EBITDA has ranged from 0.18 to 0.88. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #565 out of 1793 companies in the Hardware industry, placing it in the top 31.5%.
Is Thinking Electronic Industrial Co's Debt-to-EBITDA too high?
Thinking Electronic Industrial Co's current Debt-to-EBITDA of 0.43 is 27% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.88. The Hardware industry median Debt-to-EBITDA is 1.67. Thinking Electronic Industrial Co's value of 0.43 is 74.3% below this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #565 out of 1793 companies in the Hardware industry, which is above the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #565 out of 1793 companies for Debt-to-EBITDA. This puts Thinking Electronic Industrial Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.67. Thinking Electronic Industrial Co's value of 0.43 is 74.3% below this benchmark. Historically, Thinking Electronic Industrial Co's own Debt-to-EBITDA has ranged from 0.18 to 0.88 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.67, Thinking Electronic Industrial 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 1.67, 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. Thinking Electronic Industrial Co's current Debt-to-EBITDA of 0.43 is 74.3% 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 Thinking Electronic Industrial Co. For the Hardware industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Electronic Industrial Co's current Debt-to-EBITDA is 0.43, which is 27% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$194.99, compared to a current price of NT$252.00 — trading 29.2% above its estimated fair value. The current Debt-to-EBITDA is 0.43, which is 27% below median its 10-year median of 0.59 and 74.3% below the Hardware industry median of 1.67. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 with 4 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 Thinking Electronic Industrial Co (TPE:2428), the current Debt-to-EBITDA is 0.43 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued.
The current stock price of NT$252.00 is trading 29.2% above its estimated GF Value™ of NT$194.99.
GuruFocus considers Thinking Electronic Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:2428:
Debt-to-EBITDA: 0.43 (27% below median its 10-year median of 0.59)
GF Value™: NT$194.99 vs. price of NT$252.00 (29.2% above fair value)
Industry Position: 74.3% below the Hardware median (#565 of 1793)
No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score
Get the complete analysis for TPE:2428
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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