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China AirlinesTPE:2610 -0.98%34 Debt-to-EBITDA is 1.96 as of Mar. 2026, which is 40% below its 10-year median of 3.28. GuruFocus rates TPE:2610 with a GF Score™ of 34/100. The stock has 9 warning signs investors should review. Among 866 Transportation companies, China Airlines ranks worse than 54.73% 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 China Airlines's Debt-to-EBITDA or its related term are showing as below:
TPE:2610'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.89 Med: 3.28 Max: 5.63
Current: 2.94
During the past 13 years, the highest Debt-to-EBITDA Ratio of China Airlines was 5.63. The lowest was 1.89. And the median was 3.28.
TPE:2610's Debt-to-EBITDA is ranked worse than 54.73% of 866
companies
in the Transportation industry
Industry Median: 2.645
vs TPE:2610: 2.94
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.
China Airlines Debt-to-EBITDA Related Terms
China Airlines Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for China Airlines'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:2610 vs DAL, UAL, LUV: Debt-to-EBITDA Comparison
For the Airlines subindustry, China Airlines'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.
China Airlines Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, China Airlines's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where China Airlines'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 (Mar. 2026) EBITDA data.
China Airlines (TPE:2610) has a Debt-to-EBITDA of 1.96 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 China Airlines. This is 40% below median its historical median of 3.28. Over the past decade, China Airlines' Debt-to-EBITDA has ranged from 1.89 to 5.63. According to the industry distribution chart, China Airlines ranks #474 out of 866 companies in the Transportation industry, placing it in the top 54.7%.
Is China Airlines' Debt-to-EBITDA too high?
China Airlines' current Debt-to-EBITDA of 1.96 is 40% below median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 5.63. The Transportation industry median Debt-to-EBITDA is 2.65. China Airlines' value of 1.96 is 25.9% below this industry median. Based on the distribution chart, China Airlines ranks #474 out of 866 companies in the Transportation industry, which is below the industry midpoint. Overall, China Airlines has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does China Airlines' Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, China Airlines ranks #474 out of 866 companies for Debt-to-EBITDA. This places China Airlines in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. China Airlines' value of 1.96 is 25.9% below this benchmark. Historically, China Airlines' own Debt-to-EBITDA has ranged from 1.89 to 5.63 over the past decade. While the company's 10-year median is 3.28 vs. the industry median of 2.65, China Airlines 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 2.65, based on 866 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. China Airlines's current Debt-to-EBITDA of 1.96 is 25.9% 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 China Airlines. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Airlines's current Debt-to-EBITDA is 1.96, which is 40% below median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Airlines stock overvalued right now?
China Airlines (TPE:2610) has a current Debt-to-EBITDA of 1.96. The current Debt-to-EBITDA is 1.96, which is 40% below median its 10-year median of 3.28 and 25.9% below the Transportation industry median of 2.65. China Airlines' overall GF Score™ is 34/100 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 China Airlines (TPE:2610), the current Debt-to-EBITDA is 1.96 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.
China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the companies revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.
34GF Score
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