Evergreen Aviation Technologies (TPE:2645) Debt-to-EBITDA : 2.17 (As of Dec. 2025) — 41% Below Median

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TPE:2645 Evergreen Aviation Technologies Corp TPE:2645
65 GF Score
Price NT$200.00
GF Value NT$141.21
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Evergreen Aviation Technologies Debt-to-EBITDA?

Evergreen Aviation Technologies TPE:2645 +9.89% 65 Debt-to-EBITDA is 2.17 as of Dec. 2025, which is 41% below its 10-year median of 3.66. GuruFocus rates TPE:2645 with a GF Score™ of 65/100 and a GF Value™ of NT$141.21 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 253 Aerospace & Defense companies, Evergreen Aviation Technologies ranks worse than 57.71% on this metric.

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

Evergreen Aviation Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was NT$1,618 Mil. Evergreen Aviation Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was NT$5,698 Mil. Evergreen Aviation Technologies's annualized EBITDA for the quarter that ended in Dec. 2025 was NT$3,376 Mil. Evergreen Aviation Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.17.

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 Evergreen Aviation Technologies's Debt-to-EBITDA or its related term are showing as below:

TPE:2645' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.12   Med: 3.66   Max: 5.39
Current: 2.12

During the past 8 years, the highest Debt-to-EBITDA Ratio of Evergreen Aviation Technologies was 5.39. The lowest was 2.12. And the median was 3.66.

TPE:2645's Debt-to-EBITDA is ranked worse than
57.71% of 253 companies
in the Aerospace & Defense industry
Industry Median: 1.75 vs TPE:2645: 2.12

Evergreen Aviation Technologies  (TPE:2645) 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.


Evergreen Aviation Technologies Debt-to-EBITDA Related Terms


Evergreen Aviation Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Evergreen Aviation Technologies'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.

Evergreen Aviation Technologies Debt-to-EBITDA Chart

Evergreen Aviation Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 5.39 3.12 2.62 2.44 2.12

Evergreen Aviation Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.59 2.08 3.35 1.61 2.17

TPE:2645 vs SPCX, GE, RTX: Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Evergreen Aviation Technologies'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.


Evergreen Aviation Technologies Debt-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Evergreen Aviation Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Evergreen Aviation Technologies's Debt-to-EBITDA falls into.


TPE:2645
65GF Score
Evergreen Aviation Technologies Corp TPE:2645
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Aviation Technologies Debt-to-EBITDA Calculation

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

Evergreen Aviation Technologies'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
=(1617.896 + 5697.777) / 3457.75
=2.12

Evergreen Aviation Technologies's annualized Debt-to-EBITDA for the quarter 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
=(1617.896 + 5697.777) / 3376.116
=2.17

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.17 mean?
Evergreen Aviation Technologies (TPE:2645) has a Debt-to-EBITDA of 2.17 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Evergreen Aviation Technologies. This is 41% below median its historical median of 3.66. Over the past decade, Evergreen Aviation Technologies' Debt-to-EBITDA has ranged from 2.12 to 5.39. According to the industry distribution chart, Evergreen Aviation Technologies ranks #146 out of 253 companies in the Aerospace & Defense industry, placing it in the top 57.7%.
Is Evergreen Aviation Technologies' Debt-to-EBITDA too high?
Evergreen Aviation Technologies' current Debt-to-EBITDA of 2.17 is 41% below median its 10-year median of 3.66. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 5.39. The Aerospace & Defense industry median Debt-to-EBITDA is 1.75. Evergreen Aviation Technologies' value of 2.17 is 24% above this industry median. Based on the distribution chart, Evergreen Aviation Technologies ranks #146 out of 253 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Evergreen Aviation Technologies has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Evergreen Aviation Technologies ranks #146 out of 253 companies for Debt-to-EBITDA. This places Evergreen Aviation Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 1.75. Evergreen Aviation Technologies' value of 2.17 is 24% above this benchmark. Historically, Evergreen Aviation Technologies' own Debt-to-EBITDA has ranged from 2.12 to 5.39 over the past decade. While the company's 10-year median is 3.66 vs. the industry median of 1.75, Evergreen Aviation Technologies 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 1.75, based on 253 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. Evergreen Aviation Technologies's current Debt-to-EBITDA of 2.17 is 24% 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 Evergreen Aviation Technologies. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Aviation Technologies's current Debt-to-EBITDA is 2.17, which is 41% below median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$141.21, compared to a current price of NT$200.00 — trading 41.6% above its estimated fair value. The current Debt-to-EBITDA is 2.17, which is 41% below median its 10-year median of 3.66 and 24% above the Aerospace & Defense industry median of 1.75. Evergreen Aviation Technologies' overall GF Score™ is 65/100 with 1 warning sign 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 Evergreen Aviation Technologies (TPE:2645), the current Debt-to-EBITDA is 2.17 as of Dec. 2025. 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued. The current stock price of NT$200.00 is trading 41.6% above its estimated GF Value™ of NT$141.21. GuruFocus considers Evergreen Aviation Technologies to be Significantly Overvalued.

Key valuation signals for TPE:2645:

  • Debt-to-EBITDA: 2.17 (41% below median its 10-year median of 3.66)
  • GF Value™: NT$141.21 vs. price of NT$200.00 (41.6% above fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 24% above the Aerospace & Defense median (#146 of 253)

No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Aviation Technologies Business Description

Address No. 6 Hang-Zhan South Road, Dayuan District, Taoyuan, TWN, 337
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
65GF Score

Get the complete analysis for TPE:2645

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

NT$200.00
Price
NT$141.21
GF Value