HUNG SHENG Construction Co (TPE:2534) Debt-to-EBITDA : 149.37 (As of Jun. 2026) — 1098% Above Median

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TPE:2534 HUNG SHENG Construction Co Ltd TPE:2534
59 GF Score
Price NT$16.90
GF Value NT$7.04
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is HUNG SHENG Construction Co Debt-to-EBITDA?

HUNG SHENG Construction Co TPE:2534 +0.60% 59 Debt-to-EBITDA is 149.37 as of Jun. 2026, which is 1098% above its 10-year median of 12.47. GuruFocus rates TPE:2534 with a GF Score™ of 59/100 and a GF Value™ of NT$7.04 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,278 Real Estate companies, HUNG SHENG Construction Co ranks worse than 95.38% on this metric.

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

HUNG SHENG Construction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$11,843 Mil. HUNG SHENG Construction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$3,430 Mil. HUNG SHENG Construction Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$102 Mil. HUNG SHENG Construction Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 149.37.

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 HUNG SHENG Construction Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2534' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.37   Med: 12.47   Max: 37.71
Current: 37.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of HUNG SHENG Construction Co was 37.71. The lowest was 4.37. And the median was 12.47.

TPE:2534's Debt-to-EBITDA is ranked worse than
95.38% of 1278 companies
in the Real Estate industry
Industry Median: 5.545 vs TPE:2534: 37.71

HUNG SHENG Construction Co  (TPE:2534) 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.


HUNG SHENG Construction Co Debt-to-EBITDA Related Terms


HUNG SHENG Construction Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for HUNG SHENG Construction 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.

HUNG SHENG Construction Co Debt-to-EBITDA Chart

HUNG SHENG Construction 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 14.47 5.65 17.19 22.00 11.09

HUNG SHENG Construction Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.61 33.74 19.32 45.98 149.37

HUNG SHENG Construction Co Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, HUNG SHENG Construction 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.


HUNG SHENG Construction Co Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HUNG SHENG Construction Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where HUNG SHENG Construction Co's Debt-to-EBITDA falls into.


TPE:2534
59GF Score
HUNG SHENG Construction Co Ltd TPE:2534
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HUNG SHENG Construction Co Debt-to-EBITDA Calculation

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

HUNG SHENG Construction 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
=(10997.927 + 3686.356) / 1323.895
=11.09

HUNG SHENG Construction Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(11842.537 + 3429.869) / 102.244
=149.37

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 149.37 mean?
HUNG SHENG Construction Co (TPE:2534) has a Debt-to-EBITDA of 149.37 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 HUNG SHENG Construction Co. This is 1098% above median its historical median of 12.47. Over the past decade, HUNG SHENG Construction Co's Debt-to-EBITDA has ranged from 4.37 to 37.71. According to the industry distribution chart, HUNG SHENG Construction Co ranks #1219 out of 1278 companies in the Real Estate industry, placing it in the top 95.4%.
Is HUNG SHENG Construction Co's Debt-to-EBITDA too high?
HUNG SHENG Construction Co's current Debt-to-EBITDA of 149.37 is 1098% above median its 10-year median of 12.47. Over the past 10 years, this metric has ranged from a low of 4.37 to a high of 37.71. The Real Estate industry median Debt-to-EBITDA is 5.55. HUNG SHENG Construction Co's value of 149.37 is 2593.8% above this industry median. Based on the distribution chart, HUNG SHENG Construction Co ranks #1219 out of 1278 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, HUNG SHENG Construction Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HUNG SHENG Construction Co's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, HUNG SHENG Construction Co ranks #1219 out of 1278 companies for Debt-to-EBITDA. This places HUNG SHENG Construction Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.55. HUNG SHENG Construction Co's value of 149.37 is 2593.8% above this benchmark. Historically, HUNG SHENG Construction Co's own Debt-to-EBITDA has ranged from 4.37 to 37.71 over the past decade. While the company's 10-year median is 12.47 vs. the industry median of 5.55, HUNG SHENG Construction 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.55, based on 1,278 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. HUNG SHENG Construction Co's current Debt-to-EBITDA of 149.37 is 2593.8% 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 HUNG SHENG Construction Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HUNG SHENG Construction Co's current Debt-to-EBITDA is 149.37, which is 1098% above median its own 10-year median of 12.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HUNG SHENG Construction Co stock overvalued right now?
Based on GuruFocus' analysis, HUNG SHENG Construction Co (TPE:2534) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.04, compared to a current price of NT$16.90 — trading 140.1% above its estimated fair value. The current Debt-to-EBITDA is 149.37, which is 1098% above median its 10-year median of 12.47 and 2593.8% above the Real Estate industry median of 5.55. HUNG SHENG Construction Co's overall GF Score™ is 59/100 with 12 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 HUNG SHENG Construction Co (TPE:2534), the current Debt-to-EBITDA is 149.37 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 HUNG SHENG Construction Co (TPE:2534) Overvalued in 2026?

Based on GuruFocus' analysis, HUNG SHENG Construction Co stock appears to be overvalued. The current stock price of NT$16.90 is trading 140.1% above its estimated GF Value™ of NT$7.04. GuruFocus considers HUNG SHENG Construction Co to be Significantly Overvalued.

Key valuation signals for TPE:2534:

  • Debt-to-EBITDA: 149.37 (1098% above median its 10-year median of 12.47)
  • GF Value™: NT$7.04 vs. price of NT$16.90 (140.1% above fair value)
  • GF Score™: 59/100 with 12 warning signs
  • Industry Position: 2593.8% above the Real Estate median (#1219 of 1278)

No single metric tells the full story. See the TPE:2534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HUNG SHENG Construction Co Business Description

Address No. 168, Dunhua North Road, 14th Floor, Songshan District, Taipei, TWN
HUNG SHENG Construction Co Ltd engages in the commission of contractors to build public housing for sale and rental. The reportable segments of the consolidated company are as follows: Sale of real estate - Sales of residences and commercial buildings. Construction - Building of residences and commercial buildings. and Lease - Lease of investment property.
59GF Score

Get the complete analysis for TPE:2534

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

NT$16.90
Price
NT$7.04
GF Value