Sincere Navigation (TPE:2605) Debt-to-EBITDA : 0.65 (As of Jun. 2026) — 72% Below Median

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TPE:2605 Sincere Navigation Corp TPE:2605
85 GF Score
Price NT$35.05
GF Value NT$31.46
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sincere Navigation Debt-to-EBITDA?

Sincere Navigation TPE:2605 +1.89% 85 Debt-to-EBITDA is 0.65 as of Jun. 2026, which is 72% below its 10-year median of 2.36. GuruFocus rates TPE:2605 with a GF Score™ of 85/100 and a GF Value™ of NT$31.46 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 870 Transportation companies, Sincere Navigation ranks better than 74.83% on this metric.

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

Sincere Navigation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$5,712 Mil. Sincere Navigation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$0 Mil. Sincere Navigation's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$8,764 Mil. Sincere Navigation's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.65.

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 Sincere Navigation's Debt-to-EBITDA or its related term are showing as below:

TPE:2605' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.23   Med: 2.36   Max: 3.85
Current: 1.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sincere Navigation was 3.85. The lowest was 1.23. And the median was 2.36.

TPE:2605's Debt-to-EBITDA is ranked better than
74.83% of 870 companies
in the Transportation industry
Industry Median: 2.62 vs TPE:2605: 1.23

Sincere Navigation  (TPE:2605) 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.


Sincere Navigation Debt-to-EBITDA Related Terms


Sincere Navigation Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sincere Navigation'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.

Sincere Navigation Debt-to-EBITDA Chart

Sincere Navigation 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 2.48 2.44 2.28 1.32 1.58

Sincere Navigation 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 1.44 1.86 1.05 1.10 0.65

Sincere Navigation Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Sincere Navigation'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.


Sincere Navigation Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Sincere Navigation's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sincere Navigation's Debt-to-EBITDA falls into.


TPE:2605
85GF Score
Sincere Navigation Corp TPE:2605
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Navigation Debt-to-EBITDA Calculation

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

Sincere Navigation'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
=(4062.666 + 2.573) / 2570.74
=1.58

Sincere Navigation'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
=(5712.316 + 0.113) / 8764.26
=0.65

* 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 0.65 mean?
Sincere Navigation (TPE:2605) has a Debt-to-EBITDA of 0.65 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 Sincere Navigation. This is 72% below median its historical median of 2.36. Over the past decade, Sincere Navigation's Debt-to-EBITDA has ranged from 1.23 to 3.85. According to the industry distribution chart, Sincere Navigation ranks #219 out of 870 companies in the Transportation industry, placing it in the top 25.2%.
Is Sincere Navigation's Debt-to-EBITDA too high?
Sincere Navigation's current Debt-to-EBITDA of 0.65 is 72% below median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.85. The Transportation industry median Debt-to-EBITDA is 2.62. Sincere Navigation's value of 0.65 is 75.2% below this industry median. Based on the distribution chart, Sincere Navigation ranks #219 out of 870 companies in the Transportation industry, which is above the industry midpoint. Overall, Sincere Navigation has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #219 out of 870 companies for Debt-to-EBITDA. This puts Sincere Navigation in the upper half of its industry. The industry median Debt-to-EBITDA is 2.62. Sincere Navigation's value of 0.65 is 75.2% below this benchmark. Historically, Sincere Navigation's own Debt-to-EBITDA has ranged from 1.23 to 3.85 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 2.62, Sincere Navigation 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 Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.62, based on 870 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. Sincere Navigation's current Debt-to-EBITDA of 0.65 is 75.2% 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 Sincere Navigation. For the Transportation industry, the median Debt-to-EBITDA is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current Debt-to-EBITDA is 0.65, which is 72% below median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$31.46, compared to a current price of NT$35.05 — trading 11.4% above its estimated fair value. The current Debt-to-EBITDA is 0.65, which is 72% below median its 10-year median of 2.36 and 75.2% below the Transportation industry median of 2.62. Sincere Navigation's overall GF Score™ is 85/100 with 5 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 Sincere Navigation (TPE:2605), the current Debt-to-EBITDA is 0.65 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 Sincere Navigation (TPE:2605) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued. The current stock price of NT$35.05 is trading 11.4% above its estimated GF Value™ of NT$31.46. GuruFocus considers Sincere Navigation to be Modestly Overvalued.

Key valuation signals for TPE:2605:

  • Debt-to-EBITDA: 0.65 (72% below median its 10-year median of 2.36)
  • GF Value™: NT$31.46 vs. price of NT$35.05 (11.4% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 75.2% below the Transportation median (#219 of 870)

No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Navigation Business Description

Address Fuxing South Road, 14th Floor, No. 368, Section 1, Taipei, TWN, 10656
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
85GF Score

Get the complete analysis for TPE:2605

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

NT$35.05
Price
NT$31.46
GF Value