Taiwan Navigation Co (TPE:2617) Debt-to-EBITDA : 2.28 (As of Jun. 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2617 Taiwan Navigation Co Ltd TPE:2617
88 GF Score
Price NT$31.80
GF Value NT$34.11
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Taiwan Navigation Co Debt-to-EBITDA?

Taiwan Navigation Co TPE:2617 +2.75% 88 Debt-to-EBITDA is 2.28 as of Jun. 2026, which is 14% below its 10-year median of 2.64. GuruFocus rates TPE:2617 with a GF Score™ of 88/100 and a GF Value™ of NT$34.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 866 Transportation companies, Taiwan Navigation Co ranks better than 53.35% on this metric.

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

Taiwan Navigation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,020 Mil. Taiwan Navigation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$6,242 Mil. Taiwan Navigation Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$3,187 Mil. Taiwan Navigation Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.28.

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

TPE:2617' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.03   Med: 2.64   Max: 5.19
Current: 2.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Taiwan Navigation Co was 5.19. The lowest was 2.03. And the median was 2.64.

TPE:2617's Debt-to-EBITDA is ranked better than
53.35% of 866 companies
in the Transportation industry
Industry Median: 2.575 vs TPE:2617: 2.33

Taiwan Navigation Co  (TPE:2617) 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.


Taiwan Navigation Co Debt-to-EBITDA Related Terms


Taiwan Navigation Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Taiwan Navigation 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.

Taiwan Navigation Co Debt-to-EBITDA Chart

Taiwan Navigation 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 3.10 2.36 2.03 2.85 2.35

Taiwan Navigation 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 2.87 1.84 2.30 2.40 2.28

Taiwan Navigation Co Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Taiwan Navigation 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.


Taiwan Navigation Co Debt-to-EBITDA vs Transportation Industry

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

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


TPE:2617
88GF Score
Taiwan Navigation Co Ltd TPE:2617
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Navigation Co Debt-to-EBITDA Calculation

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

Taiwan Navigation 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
=(1066.195 + 5646.939) / 2859.225
=2.35

Taiwan Navigation 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
=(1020.06 + 6241.783) / 3187.112
=2.28

* 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 2.28 mean?
Taiwan Navigation Co (TPE:2617) has a Debt-to-EBITDA of 2.28 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 Taiwan Navigation Co. This is 14% below median its historical median of 2.64. Over the past decade, Taiwan Navigation Co's Debt-to-EBITDA has ranged from 2.03 to 5.19. According to the industry distribution chart, Taiwan Navigation Co ranks #404 out of 866 companies in the Transportation industry, placing it in the top 46.7%.
Is Taiwan Navigation Co's Debt-to-EBITDA too high?
Taiwan Navigation Co's current Debt-to-EBITDA of 2.28 is 14% below median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 5.19. The Transportation industry median Debt-to-EBITDA is 2.58. Taiwan Navigation Co's value of 2.28 is 11.5% below this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #404 out of 866 companies in the Transportation industry, which is above the industry midpoint. Overall, Taiwan Navigation Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #404 out of 866 companies for Debt-to-EBITDA. This puts Taiwan Navigation Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.58. Taiwan Navigation Co's value of 2.28 is 11.5% below this benchmark. Historically, Taiwan Navigation Co's own Debt-to-EBITDA has ranged from 2.03 to 5.19 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 2.58, Taiwan Navigation Co 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 2.58, 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. Taiwan Navigation Co's current Debt-to-EBITDA of 2.28 is 11.5% 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 Taiwan Navigation Co. For the Transportation industry, the median Debt-to-EBITDA is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Navigation Co's current Debt-to-EBITDA is 2.28, which is 14% below median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Fairly Valued. The stock's GF Value™ is NT$34.11, compared to a current price of NT$31.80 — trading 6.8% below its estimated fair value. The current Debt-to-EBITDA is 2.28, which is 14% below median its 10-year median of 2.64 and 11.5% below the Transportation industry median of 2.58. Taiwan Navigation Co's overall GF Score™ is 88/100 with 4 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 Taiwan Navigation Co (TPE:2617), the current Debt-to-EBITDA is 2.28 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued. The current stock price of NT$31.80 is trading 6.8% below its estimated GF Value™ of NT$34.11. GuruFocus considers Taiwan Navigation Co to be Fairly Valued.

Key valuation signals for TPE:2617:

  • Debt-to-EBITDA: 2.28 (14% below median its 10-year median of 2.64)
  • GF Value™: NT$34.11 vs. price of NT$31.80 (6.8% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 11.5% below the Transportation median (#404 of 866)

No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Navigation Co Business Description

Address Jinan Road, No. 29, Section 2, 2-6 Floor, Zhongzheng District, Taipei, TWN, 100023
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
88GF Score

Get the complete analysis for TPE:2617

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

NT$31.80
Price
NT$34.11
GF Value