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.
Bes Engineering CoTPE:2515 75 Debt-to-EBITDA is 17.80 as of Jun. 2026, which is 26% above its 10-year median of 14.10. GuruFocus rates TPE:2515 with a GF Score™ of 75/100 and a GF Value™ of NT$15.20 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,410 Construction companies, Bes Engineering Co ranks worse than 94.4% 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 Bes Engineering Co's Debt-to-EBITDA or its related term are showing as below:
TPE:2515'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.26 Med: 14.1 Max: 23.94
Current: 16.46
During the past 13 years, the highest Debt-to-EBITDA Ratio of Bes Engineering Co was 23.94. The lowest was 4.26. And the median was 14.10.
TPE:2515's Debt-to-EBITDA is ranked worse than 94.4% of 1410
companies
in the Construction industry
Industry Median: 2.115
vs TPE:2515: 16.46
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.
Bes Engineering Co Debt-to-EBITDA Related Terms
Bes Engineering Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bes Engineering 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:2515 vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Bes Engineering 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.
Bes Engineering Co Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Bes Engineering Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bes Engineering 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.
Bes Engineering Co (TPE:2515) has a Debt-to-EBITDA of 17.80 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 Bes Engineering Co. This is 26% above median its historical median of 14.10. Over the past decade, Bes Engineering Co's Debt-to-EBITDA has ranged from 4.26 to 23.94. According to the industry distribution chart, Bes Engineering Co ranks #1331 out of 1410 companies in the Construction industry, placing it in the top 94.4%.
Is Bes Engineering Co's Debt-to-EBITDA too high?
Bes Engineering Co's current Debt-to-EBITDA of 17.80 is 26% above median its 10-year median of 14.10. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 23.94. The Construction industry median Debt-to-EBITDA is 2.12. Bes Engineering Co's value of 17.80 is 741.6% above this industry median. Based on the distribution chart, Bes Engineering Co ranks #1331 out of 1410 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Bes Engineering 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 Bes Engineering Co's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Bes Engineering Co ranks #1331 out of 1410 companies for Debt-to-EBITDA. This places Bes Engineering Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.12. Bes Engineering Co's value of 17.80 is 741.6% above this benchmark. Historically, Bes Engineering Co's own Debt-to-EBITDA has ranged from 4.26 to 23.94 over the past decade. While the company's 10-year median is 14.10 vs. the industry median of 2.12, Bes Engineering 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.12, based on 1,410 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. Bes Engineering Co's current Debt-to-EBITDA of 17.80 is 741.6% 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 Bes Engineering Co. For the Construction industry, the median Debt-to-EBITDA is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bes Engineering Co's current Debt-to-EBITDA is 17.80, which is 26% above median its own 10-year median of 14.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.20, compared to a current price of NT$12.00 — trading 21.1% below its estimated fair value. The current Debt-to-EBITDA is 17.80, which is 26% above median its 10-year median of 14.10 and 741.6% above the Construction industry median of 2.12. Bes Engineering Co's overall GF Score™ is 75/100 with 8 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 Bes Engineering Co (TPE:2515), the current Debt-to-EBITDA is 17.80 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?
Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued.
The current stock price of NT$12.00 is trading 21.1% below its estimated GF Value™ of NT$15.20.
GuruFocus considers Bes Engineering Co to be Modestly Undervalued.
Key valuation signals for TPE:2515:
Debt-to-EBITDA: 17.80 (26% above median its 10-year median of 14.10)
GF Value™: NT$15.20 vs. price of NT$12.00 (21.1% below fair value)
Industry Position: 741.6% above the Construction median (#1331 of 1410)
No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
75GF Score
Get the complete analysis for TPE:2515
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:2515 has been successfully added to your 
