Air Asia Co (TPE:2630) Debt-to-EBITDA : 9.67 (As of Jun. 2026) — Near Median

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TPE:2630 Air Asia Co Ltd TPE:2630
79 GF Score
Price NT$51.90
GF Value NT$37.14
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Air Asia Co Debt-to-EBITDA?

Air Asia Co TPE:2630 +0.39% 79 Debt-to-EBITDA is 9.67 as of Jun. 2026, which is 6% above its 10-year median of 9.16. GuruFocus rates TPE:2630 with a GF Score™ of 79/100 and a GF Value™ of NT$37.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 254 Aerospace & Defense companies, Air Asia Co ranks worse than 85.83% on this metric.

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

Air Asia Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$1,059 Mil. Air Asia Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$701 Mil. Air Asia Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$182 Mil. Air Asia Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 9.67.

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

TPE:2630' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34   Med: 9.16   Max: 16.12
Current: 5.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Air Asia Co was 16.12. The lowest was 0.34. And the median was 9.16.

TPE:2630's Debt-to-EBITDA is ranked worse than
85.83% of 254 companies
in the Aerospace & Defense industry
Industry Median: 1.755 vs TPE:2630: 5.92

Air Asia Co  (TPE:2630) 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.


Air Asia Co Debt-to-EBITDA Related Terms


Air Asia Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Air Asia 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.

Air Asia Co Debt-to-EBITDA Chart

Air Asia 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 11.83 16.12 6.49 4.15 3.25

Air Asia 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 3.47 3.88 4.95 5.90 9.67

TPE:2630 vs SPCX, GE, RTX: Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Air Asia 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.


Air Asia Co Debt-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Air Asia Co's Debt-to-EBITDA distribution charts can be found below:

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


TPE:2630
79GF Score
Air Asia Co Ltd TPE:2630
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Asia Co Debt-to-EBITDA Calculation

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

Air Asia 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
=(937.995 + 408.382) / 414.204
=3.25

Air Asia 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
=(1059.239 + 700.796) / 181.936
=9.67

* 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 9.67 mean?
Air Asia Co (TPE:2630) has a Debt-to-EBITDA of 9.67 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 Air Asia Co. This is near median its historical median of 9.16. Over the past decade, Air Asia Co's Debt-to-EBITDA has ranged from 0.34 to 16.12. According to the industry distribution chart, Air Asia Co ranks #218 out of 254 companies in the Aerospace & Defense industry, placing it in the top 85.8%.
Is Air Asia Co's Debt-to-EBITDA too high?
Air Asia Co's current Debt-to-EBITDA of 9.67 is near median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 16.12. The Aerospace & Defense industry median Debt-to-EBITDA is 1.76. Air Asia Co's value of 9.67 is 451% above this industry median. Based on the distribution chart, Air Asia Co ranks #218 out of 254 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Air Asia Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #218 out of 254 companies for Debt-to-EBITDA. This places Air Asia Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.76. Air Asia Co's value of 9.67 is 451% above this benchmark. Historically, Air Asia Co's own Debt-to-EBITDA has ranged from 0.34 to 16.12 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 1.76, Air Asia 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 an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.76, based on 254 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. Air Asia Co's current Debt-to-EBITDA of 9.67 is 451% 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 Air Asia Co. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current Debt-to-EBITDA is 9.67, which is near median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$37.14, compared to a current price of NT$51.90 — trading 39.7% above its estimated fair value. The current Debt-to-EBITDA is 9.67, which is near median its 10-year median of 9.16 and 451% above the Aerospace & Defense industry median of 1.76. Air Asia Co's overall GF Score™ is 79/100 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 Air Asia Co (TPE:2630), the current Debt-to-EBITDA is 9.67 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 Air Asia Co (TPE:2630) Overvalued in 2026?

Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued. The current stock price of NT$51.90 is trading 39.7% above its estimated GF Value™ of NT$37.14. GuruFocus considers Air Asia Co to be Significantly Overvalued.

Key valuation signals for TPE:2630:

  • Debt-to-EBITDA: 9.67 (near median its 10-year median of 9.16)
  • GF Value™: NT$37.14 vs. price of NT$51.90 (39.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 451% above the Aerospace & Defense median (#218 of 254)

No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Asia Co Business Description

Address Jichang Road, No. 1050, Rende District, Next to Tainan Airport, Tainan Terminal, Tainan, TWN, 717206
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
79GF Score

Get the complete analysis for TPE:2630

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

NT$51.90
Price
NT$37.14
GF Value