Bright Led Electronics (TPE:3031) Debt-to-EBITDA : 0.08 (As of Jun. 2026) — 79% 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:3031 Bright Led Electronics Corp TPE:3031
73 GF Score
Price NT$24.80
GF Value NT$22.07
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Bright Led Electronics Debt-to-EBITDA?

Bright Led Electronics TPE:3031 +2.48% 73 Debt-to-EBITDA is 0.08 as of Jun. 2026, which is 79% below its 10-year median of 0.39. GuruFocus rates TPE:3031 with a GF Score™ of 73/100 and a GF Value™ of NT$22.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,818 Hardware companies, Bright Led Electronics ranks better than 89.99% on this metric.

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

Bright Led Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$11 Mil. Bright Led Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$20 Mil. Bright Led Electronics's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$418 Mil. Bright Led Electronics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.07.

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 Bright Led Electronics's Debt-to-EBITDA or its related term are showing as below:

TPE:3031' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.11   Med: 0.39   Max: 0.49
Current: 0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bright Led Electronics was 0.49. The lowest was 0.11. And the median was 0.39.

TPE:3031's Debt-to-EBITDA is ranked better than
89.99% of 1818 companies
in the Hardware industry
Industry Median: 1.62 vs TPE:3031: 0.11

Bright Led Electronics  (TPE:3031) 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.


Bright Led Electronics Debt-to-EBITDA Related Terms


Bright Led Electronics Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bright Led Electronics'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.

Bright Led Electronics Debt-to-EBITDA Chart

Bright Led Electronics 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 0.33 0.40 0.34 0.43 0.37

Bright Led Electronics 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 0.21 0.35 0.57 0.32 0.08

TPE:3031 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Bright Led Electronics'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.


Bright Led Electronics Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Bright Led Electronics's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bright Led Electronics's Debt-to-EBITDA falls into.


TPE:3031
73GF Score
Bright Led Electronics Corp TPE:3031
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Led Electronics Debt-to-EBITDA Calculation

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

Bright Led Electronics'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
=(74.639 + 39.567) / 310.282
=0.37

Bright Led Electronics'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
=(11.386 + 19.866) / 417.96
=0.07

* 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 0.08 mean?
Bright Led Electronics (TPE:3031) has a Debt-to-EBITDA of 0.08 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 Bright Led Electronics. This is 79% below median its historical median of 0.39. Over the past decade, Bright Led Electronics' Debt-to-EBITDA has ranged from 0.11 to 0.49. According to the industry distribution chart, Bright Led Electronics ranks #182 out of 1818 companies in the Hardware industry, placing it in the top 10%.
Is Bright Led Electronics' Debt-to-EBITDA too high?
Bright Led Electronics' current Debt-to-EBITDA of 0.08 is 79% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.49. The Hardware industry median Debt-to-EBITDA is 1.62. Bright Led Electronics' value of 0.08 is 95.1% below this industry median. Based on the distribution chart, Bright Led Electronics ranks #182 out of 1818 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Led Electronics has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Led Electronics' Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Bright Led Electronics ranks #182 out of 1818 companies for Debt-to-EBITDA. This places Bright Led Electronics in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.62. Bright Led Electronics' value of 0.08 is 95.1% below this benchmark. Historically, Bright Led Electronics' own Debt-to-EBITDA has ranged from 0.11 to 0.49 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.62, Bright Led Electronics 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.62, based on 1,818 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. Bright Led Electronics's current Debt-to-EBITDA of 0.08 is 95.1% 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 Bright Led Electronics. For the Hardware industry, the median Debt-to-EBITDA is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Led Electronics's current Debt-to-EBITDA is 0.08, which is 79% below median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Led Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bright Led Electronics (TPE:3031) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$22.07, compared to a current price of NT$24.80 — trading 12.4% above its estimated fair value. The current Debt-to-EBITDA is 0.08, which is 79% below median its 10-year median of 0.39 and 95.1% below the Hardware industry median of 1.62. Bright Led Electronics' overall GF Score™ is 73/100 with 3 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 Bright Led Electronics (TPE:3031), the current Debt-to-EBITDA is 0.08 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 Bright Led Electronics (TPE:3031) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Led Electronics stock appears to be overvalued. The current stock price of NT$24.80 is trading 12.4% above its estimated GF Value™ of NT$22.07. GuruFocus considers Bright Led Electronics to be Modestly Overvalued.

Key valuation signals for TPE:3031:

  • Debt-to-EBITDA: 0.08 (79% below median its 10-year median of 0.39)
  • GF Value™: NT$22.07 vs. price of NT$24.80 (12.4% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 95.1% below the Hardware median (#182 of 1818)

No single metric tells the full story. See the TPE:3031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Led Electronics Business Description

Address 3rd Floor, No.19, Heping Road, Banqiao District, New Taipei City, TWN, 22061
Bright Led Electronics Corp is engaged in the engaged in the manufacturing and sales of light-emitting diode, indicator lights, displays and other extended products and undertaking engineering projects that provide indicator lights, displays and related supporting engineering projects. The company operates in four principal geographical areas - the United States, China, Taiwan, Korea and others, where majority revenue is from the Chinese segment.
73GF Score

Get the complete analysis for TPE:3031

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

NT$24.80
Price
NT$22.07
GF Value