WE & WIN Development Co (TPE:2537) Debt-to-EBITDA : 15.18 (As of Mar. 2026) — 38% Below Median

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TPE:2537 WE & WIN Development Co Ltd TPE:2537
59 GF Score
Price NT$11.55
GF Value NT$19.04
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is WE & WIN Development Co Debt-to-EBITDA?

WE & WIN Development Co TPE:2537 +3.59% 59 Debt-to-EBITDA is 15.18 as of Mar. 2026, which is 38% below its 10-year median of 24.51. GuruFocus rates TPE:2537 with a GF Score™ of 59/100 and a GF Value™ of NT$19.04 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,277 Real Estate companies, WE & WIN Development Co ranks worse than 95.69% on this metric.

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

WE & WIN Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$9,640 Mil. WE & WIN Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$1,091 Mil. WE & WIN Development Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$707 Mil. WE & WIN Development Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 15.18.

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 WE & WIN Development Co's Debt-to-EBITDA or its related term are showing as below:

TPE:2537' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -130.84   Med: 24.51   Max: 140.74
Current: 39.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of WE & WIN Development Co was 140.74. The lowest was -130.84. And the median was 24.51.

TPE:2537's Debt-to-EBITDA is ranked worse than
95.69% of 1277 companies
in the Real Estate industry
Industry Median: 5.49 vs TPE:2537: 39.53

WE & WIN Development Co  (TPE:2537) 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.


WE & WIN Development Co Debt-to-EBITDA Related Terms


WE & WIN Development Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for WE & WIN Development 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.

WE & WIN Development Co Debt-to-EBITDA Chart

WE & WIN Development 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 13.85 35.34 140.74 19.29 57.77

WE & WIN Development 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 27.36 115.72 162.25 49.91 15.18

WE & WIN Development Co Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, WE & WIN Development 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.


WE & WIN Development Co Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, WE & WIN Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where WE & WIN Development Co's Debt-to-EBITDA falls into.


TPE:2537
59GF Score
WE & WIN Development Co Ltd TPE:2537
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WE & WIN Development Co Debt-to-EBITDA Calculation

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

WE & WIN Development 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
=(9986.575 + 840.698) / 187.422
=57.77

WE & WIN Development 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
=(9640.36 + 1090.843) / 706.792
=15.18

* 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 15.18 mean?
WE & WIN Development Co (TPE:2537) has a Debt-to-EBITDA of 15.18 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 WE & WIN Development Co. This is 38% below median its historical median of 24.51. According to the industry distribution chart, WE & WIN Development Co ranks #1222 out of 1277 companies in the Real Estate industry, placing it in the top 95.7%.
Is WE & WIN Development Co's Debt-to-EBITDA too high?
WE & WIN Development Co's current Debt-to-EBITDA of 15.18 is 38% below median its 10-year median of 24.51. The Real Estate industry median Debt-to-EBITDA is 5.49. WE & WIN Development Co's value of 15.18 is 176.5% above this industry median. Based on the distribution chart, WE & WIN Development Co ranks #1222 out of 1277 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, WE & WIN Development Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WE & WIN Development Co's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, WE & WIN Development Co ranks #1222 out of 1277 companies for Debt-to-EBITDA. This places WE & WIN Development Co in the lower half of its industry. The industry median Debt-to-EBITDA is 5.49. WE & WIN Development Co's value of 15.18 is 176.5% above this benchmark. While the company's 10-year median is 24.51 vs. the industry median of 5.49, WE & WIN Development 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 5.49, based on 1,277 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. WE & WIN Development Co's current Debt-to-EBITDA of 15.18 is 176.5% 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 WE & WIN Development Co. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WE & WIN Development Co's current Debt-to-EBITDA is 15.18, which is 38% below median its own 10-year median of 24.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WE & WIN Development Co stock overvalued right now?
Based on GuruFocus' analysis, WE & WIN Development Co (TPE:2537) is currently considered Possible Value Trap. The stock's GF Value™ is NT$19.04, compared to a current price of NT$11.55 — trading 39.3% below its estimated fair value. The current Debt-to-EBITDA is 15.18, which is 38% below median its 10-year median of 24.51 and 176.5% above the Real Estate industry median of 5.49. WE & WIN Development Co's overall GF Score™ is 59/100 with 9 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 WE & WIN Development Co (TPE:2537), the current Debt-to-EBITDA is 15.18 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 WE & WIN Development Co (TPE:2537) Overvalued in 2026?

Based on GuruFocus' analysis, WE & WIN Development Co stock appears to be undervalued. The current stock price of NT$11.55 is trading 39.3% below its estimated GF Value™ of NT$19.04. GuruFocus considers WE & WIN Development Co to be Possible Value Trap.

Key valuation signals for TPE:2537:

  • Debt-to-EBITDA: 15.18 (38% below median its 10-year median of 24.51)
  • GF Value™: NT$19.04 vs. price of NT$11.55 (39.3% below fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 176.5% above the Real Estate median (#1222 of 1277)

No single metric tells the full story. See the TPE:2537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WE & WIN Development Co Business Description

Address No.68, Zhongxiao East Road, Section 5, 36th Floor, Xinyi District, Taipei, TWN, 110060
WE & WIN Development Co Ltd is engaged in residential and building development, leasing and sales, real estate trading, and computer equipment installation. The services provided by the company include land development, joint construction, urban renewal, and dilapidated housing reconstruction.
59GF Score

Get the complete analysis for TPE:2537

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

NT$11.55
Price
NT$19.04
GF Value