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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 Test Rite International Co's Debt-to-EBITDA or its related term are showing as below:
TPE:2908'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.36 Med: 6.11 Max: 7.52
Current: 7.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Test Rite International Co was 7.52. The lowest was 3.36. And the median was 6.11.
TPE:2908's Debt-to-EBITDA is ranked worse than 86.61% of 911
companies
in the Retail - Cyclical industry
Industry Median: 2.32
vs TPE:2908: 7.39
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.
Test Rite International Co Debt-to-EBITDA Related Terms
Test Rite International Co Debt-to-EBITDA Historical Data
* 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:2908 vs HD, LOW, FND: Debt-to-EBITDA Comparison
For the Home Improvement Retail subindustry, Test Rite International 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.
Test Rite International Co Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Test Rite International Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Test Rite International Co'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.
Test Rite International Co (TPE:2908) has a Debt-to-EBITDA of 5.74 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 Test Rite International Co. This is near median its historical median of 6.11. Over the past decade, Test Rite International Co's Debt-to-EBITDA has ranged from 3.36 to 7.52. According to the industry distribution chart, Test Rite International Co ranks #789 out of 911 companies in the Retail - Cyclical industry, placing it in the top 86.6%.
Is Test Rite International Co's Debt-to-EBITDA too high?
Test Rite International Co's current Debt-to-EBITDA of 5.74 is near median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 3.36 to a high of 7.52. The Retail - Cyclical industry median Debt-to-EBITDA is 2.32. Test Rite International Co's value of 5.74 is 147.4% above this industry median. Based on the distribution chart, Test Rite International Co ranks #789 out of 911 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Test Rite International Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Test Rite International Co's Debt-to-EBITDA compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Test Rite International Co ranks #789 out of 911 companies for Debt-to-EBITDA. This places Test Rite International Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.32. Test Rite International Co's value of 5.74 is 147.4% above this benchmark. Historically, Test Rite International Co's own Debt-to-EBITDA has ranged from 3.36 to 7.52 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 2.32, Test Rite International 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 a Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.32, based on 911 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. Test Rite International Co's current Debt-to-EBITDA of 5.74 is 147.4% 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 Test Rite International Co. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Test Rite International Co's current Debt-to-EBITDA is 5.74, which is near median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Test Rite International Co stock overvalued right now?
Based on GuruFocus' analysis, Test Rite International Co (TPE:2908) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.05, compared to a current price of NT$21.85 — trading 14.7% above its estimated fair value. The current Debt-to-EBITDA is 5.74, which is near median its 10-year median of 6.11 and 147.4% above the Retail - Cyclical industry median of 2.32. Test Rite International Co's overall GF Score™ is 63/100 with 11 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 Test Rite International Co (TPE:2908), the current Debt-to-EBITDA is 5.74 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.
Is Test Rite International Co (TPE:2908) Overvalued in 2026?
Based on GuruFocus' analysis, Test Rite International Co stock appears to be overvalued.
The current stock price of NT$21.85 is trading 14.7% above its estimated GF Value™ of NT$19.05.
GuruFocus considers Test Rite International Co to be Modestly Overvalued.
Key valuation signals for TPE:2908:
Debt-to-EBITDA: 5.74 (near median its 10-year median of 6.11)
GF Value™: NT$19.05 vs. price of NT$21.85 (14.7% above fair value)
Industry Position: 147.4% above the Retail - Cyclical median (#789 of 911)
No single metric tells the full story. See the TPE:2908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in the trading business and retail business. It mainly imports and exports hand tools, auto parts, machinery, furniture, and various home appliances. Test-Rite's marketplaces are located in the United States of America, Canada, Great Britain, France, Germany, Australia, etc.
63GF Score
Get the complete analysis for TPE:2908
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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