TOPBI International Holdings (TPE:2929) Debt-to-EBITDA : 0.00 (As of Mar. 2026)

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TPE:2929 TOPBI International Holdings Ltd TPE:2929
69 GF Score
Price NT$5.87
GF Value NT$7.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is TOPBI International Holdings Debt-to-EBITDA?

TOPBI International Holdings TPE:2929 -0.34% 69 Debt-to-EBITDA is 0.00 as of Mar. 2026. GuruFocus rates TPE:2929 with a GF Score™ of 69/100 and a GF Value™ of NT$7.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 813 Manufacturing - Apparel & Accessories companies, TOPBI International Holdings ranks worse than 123001.11% on this metric.

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

TOPBI International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$0 Mil. TOPBI International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$0 Mil. TOPBI International Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$-116 Mil. TOPBI International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.00.

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 TOPBI International Holdings's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of TOPBI International Holdings was 1.69. The lowest was -15.86. And the median was 0.46.

TPE:2929's Debt-to-EBITDA is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.68
* Ranked among companies with meaningful Debt-to-EBITDA only.

TOPBI International Holdings  (TPE:2929) 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.


TOPBI International Holdings Debt-to-EBITDA Related Terms


TOPBI International Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TOPBI International Holdings'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.

TOPBI International Holdings Debt-to-EBITDA Chart

TOPBI International Holdings 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 -0.02 1.69 -15.86 0.00 0.00

TOPBI International Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

TPE:2929 vs RL, LEVI, VFC: Debt-to-EBITDA Comparison

For the Apparel Manufacturing subindustry, TOPBI International Holdings'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.


TOPBI International Holdings Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TOPBI International Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TOPBI International Holdings's Debt-to-EBITDA falls into.


TPE:2929
69GF Score
TOPBI International Holdings Ltd TPE:2929
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOPBI International Holdings Debt-to-EBITDA Calculation

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

TOPBI International Holdings'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
=(0 + 0) / -177.498
=0.00

TOPBI International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -115.544
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
TOPBI International Holdings (TPE:2929) has a Debt-to-EBITDA of 0.00 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 TOPBI International Holdings. According to the industry distribution chart, TOPBI International Holdings ranks #999999 out of 813 companies in the Manufacturing - Apparel & Accessories industry.
Is TOPBI International Holdings' Debt-to-EBITDA too high?
TOPBI International Holdings' current Debt-to-EBITDA is 0.00. Based on the distribution chart, TOPBI International Holdings ranks #999999 out of 813 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TOPBI International Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOPBI International Holdings' Debt-to-EBITDA compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TOPBI International Holdings ranks #999999 out of 813 companies for Debt-to-EBITDA. This places TOPBI International Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.68. 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.68, based on 813 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. 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 TOPBI International Holdings. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOPBI International Holdings's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOPBI International Holdings stock overvalued right now?
Based on GuruFocus' analysis, TOPBI International Holdings (TPE:2929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.46, compared to a current price of NT$5.87 — trading 21.3% below its estimated fair value. The current Debt-to-EBITDA is 0.00. TOPBI International Holdings' overall GF Score™ is 69/100 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 TOPBI International Holdings (TPE:2929), the current Debt-to-EBITDA is 0.00 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 TOPBI International Holdings (TPE:2929) Overvalued in 2026?

Based on GuruFocus' analysis, TOPBI International Holdings stock appears to be undervalued. The current stock price of NT$5.87 is trading 21.3% below its estimated GF Value™ of NT$7.46. GuruFocus considers TOPBI International Holdings to be Modestly Undervalued.

Key valuation signals for TPE:2929:

  • Debt-to-EBITDA: 0.00
  • GF Value™: NT$7.46 vs. price of NT$5.87 (21.3% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the TPE:2929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOPBI International Holdings Business Description

Address No.97, Xinhu 1st Road, 2nd Floor, Neihu District, Taipei, TWN, 11494
TOPBI International Holdings Ltd is a children's clothing manufacturer. Its products, which it sells under the TOPBI (Amoy) brand, are designed for middle-class families with children under 16 years old. Nearly half of the company's sales are from items designed for the 1- to 3-year-old age group. TOPBI sells its products through both company-owned stores and third-party distributors. The company focuses on reaching customers in the developing market in China, and its roughly 1,500 stores are in more than a dozen Chinese provinces.
69GF Score

Get the complete analysis for TPE:2929

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

NT$5.87
Price
NT$7.46
GF Value