New Asia Construction & Development (TPE:2516) Debt-to-EBITDA : 2.21 (As of Mar. 2026) — Near Median

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TPE:2516 New Asia Construction & Development Corp TPE:2516
79 GF Score
Price NT$14.35
GF Value NT$14.66
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is New Asia Construction & Development Debt-to-EBITDA?

New Asia Construction & Development TPE:2516 +2.14% 79 Debt-to-EBITDA is 2.21 as of Mar. 2026, which is 7% below its 10-year median of 2.38. GuruFocus rates TPE:2516 with a GF Score™ of 79/100 and a GF Value™ of NT$14.66 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,411 Construction companies, New Asia Construction & Development ranks better than 52.87% on this metric.

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

New Asia Construction & Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$616 Mil. New Asia Construction & Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$18 Mil. New Asia Construction & Development's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$287 Mil. New Asia Construction & Development's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.21.

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 New Asia Construction & Development's Debt-to-EBITDA or its related term are showing as below:

TPE:2516' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -86.54   Med: 2.38   Max: 13.76
Current: 1.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of New Asia Construction & Development was 13.76. The lowest was -86.54. And the median was 2.38.

TPE:2516's Debt-to-EBITDA is ranked better than
52.87% of 1411 companies
in the Construction industry
Industry Median: 2.12 vs TPE:2516: 1.88

New Asia Construction & Development  (TPE:2516) 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.


New Asia Construction & Development Debt-to-EBITDA Related Terms


New Asia Construction & Development Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for New Asia Construction & Development'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.

New Asia Construction & Development Debt-to-EBITDA Chart

New Asia Construction & Development 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 6.80 -1.58 3.06 3.45 1.71

New Asia Construction & Development 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 2.83 5.86 3.39 0.91 2.21

TPE:2516 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, New Asia Construction & Development'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.


New Asia Construction & Development Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, New Asia Construction & Development's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where New Asia Construction & Development's Debt-to-EBITDA falls into.


TPE:2516
79GF Score
New Asia Construction & Development Corp TPE:2516
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Asia Construction & Development Debt-to-EBITDA Calculation

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

New Asia Construction & Development'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
=(582.097 + 20.885) / 353.036
=1.71

New Asia Construction & Development'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
=(615.979 + 17.962) / 286.684
=2.21

* 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 2.21 mean?
New Asia Construction & Development (TPE:2516) has a Debt-to-EBITDA of 2.21 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 New Asia Construction & Development. This is near median its historical median of 2.38. According to the industry distribution chart, New Asia Construction & Development ranks #665 out of 1411 companies in the Construction industry, placing it in the top 47.1%.
Is New Asia Construction & Development's Debt-to-EBITDA too high?
New Asia Construction & Development's current Debt-to-EBITDA of 2.21 is near median its 10-year median of 2.38. The Construction industry median Debt-to-EBITDA is 2.12. New Asia Construction & Development's value of 2.21 is 4.2% above this industry median. Based on the distribution chart, New Asia Construction & Development ranks #665 out of 1411 companies in the Construction industry, which is above the industry midpoint. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, New Asia Construction & Development ranks #665 out of 1411 companies for Debt-to-EBITDA. This puts New Asia Construction & Development in the upper half of its industry. The industry median Debt-to-EBITDA is 2.12. New Asia Construction & Development's value of 2.21 is 4.2% above this benchmark. While the company's 10-year median is 2.38 vs. the industry median of 2.12, New Asia Construction & Development 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 1,411 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. New Asia Construction & Development's current Debt-to-EBITDA of 2.21 is 4.2% 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 New Asia Construction & Development. 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. New Asia Construction & Development's current Debt-to-EBITDA is 2.21, which is near median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.66, compared to a current price of NT$14.35 — trading 2.1% below its estimated fair value. The current Debt-to-EBITDA is 2.21, which is near median its 10-year median of 2.38 and 4.2% above the Construction industry median of 2.12. New Asia Construction & Development's overall GF Score™ is 79/100 with 3 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 New Asia Construction & Development (TPE:2516), the current Debt-to-EBITDA is 2.21 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?

Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued. The current stock price of NT$14.35 is trading 2.1% below its estimated GF Value™ of NT$14.66. GuruFocus considers New Asia Construction & Development to be Fairly Valued.

Key valuation signals for TPE:2516:

  • Debt-to-EBITDA: 2.21 (near median its 10-year median of 2.38)
  • GF Value™: NT$14.66 vs. price of NT$14.35 (2.1% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 4.2% above the Construction median (#665 of 1411)

No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Asia Construction & Development Business Description

Address No. 760, Section 4, Bade Road, 15th & 16th Floor, Songshan District, Taipei, TWN
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score

Get the complete analysis for TPE:2516

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

NT$14.35
Price
NT$14.66
GF Value