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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 Emerging Display Technologies's Debt-to-EBITDA or its related term are showing as below:
TPE:3038'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.76 Med: 1.85 Max: 5.8
Current: 1.95
During the past 13 years, the highest Debt-to-EBITDA Ratio of Emerging Display Technologies was 5.80. The lowest was 0.76. And the median was 1.85.
TPE:3038's Debt-to-EBITDA is ranked worse than 53.27% of 1791
companies
in the Hardware industry
Industry Median: 1.71
vs TPE:3038: 1.95
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.
Emerging Display Technologies Debt-to-EBITDA Related Terms
Emerging Display Technologies 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:3038 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Emerging Display 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.
Emerging Display Technologies Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Emerging Display Technologies's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Emerging Display Technologies'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.
Emerging Display Technologies (TPE:3038) has a Debt-to-EBITDA of 1.33 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 Emerging Display Technologies. This is 28% below median its historical median of 1.85. Over the past decade, Emerging Display Technologies' Debt-to-EBITDA has ranged from 0.76 to 5.80. According to the industry distribution chart, Emerging Display Technologies ranks #954 out of 1791 companies in the Hardware industry, placing it in the top 53.3%.
Is Emerging Display Technologies' Debt-to-EBITDA too high?
Emerging Display Technologies' current Debt-to-EBITDA of 1.33 is 28% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 5.80. The Hardware industry median Debt-to-EBITDA is 1.71. Emerging Display Technologies' value of 1.33 is 22.2% below this industry median. Based on the distribution chart, Emerging Display Technologies ranks #954 out of 1791 companies in the Hardware industry, which is below the industry midpoint. Overall, Emerging Display Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emerging Display Technologies' Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Emerging Display Technologies ranks #954 out of 1791 companies for Debt-to-EBITDA. This places Emerging Display Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Emerging Display Technologies' value of 1.33 is 22.2% below this benchmark. Historically, Emerging Display Technologies' own Debt-to-EBITDA has ranged from 0.76 to 5.80 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.71, Emerging Display Technologies 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 1.71, based on 1,791 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. Emerging Display Technologies's current Debt-to-EBITDA of 1.33 is 22.2% 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 Emerging Display Technologies. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerging Display Technologies's current Debt-to-EBITDA is 1.33, which is 28% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Display Technologies stock overvalued right now?
Based on GuruFocus' analysis, Emerging Display Technologies (TPE:3038) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.70, compared to a current price of NT$20.50 — trading 4.1% above its estimated fair value. The current Debt-to-EBITDA is 1.33, which is 28% below median its 10-year median of 1.85 and 22.2% below the Hardware industry median of 1.71. Emerging Display Technologies' overall GF Score™ is 75/100 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 Emerging Display Technologies (TPE:3038), the current Debt-to-EBITDA is 1.33 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 Emerging Display Technologies (TPE:3038) Overvalued in 2026?
Based on GuruFocus' analysis, Emerging Display Technologies stock appears to be overvalued.
The current stock price of NT$20.50 is trading 4.1% above its estimated GF Value™ of NT$19.70.
GuruFocus considers Emerging Display Technologies to be Fairly Valued.
Key valuation signals for TPE:3038:
Debt-to-EBITDA: 1.33 (28% below median its 10-year median of 1.85)
GF Value™: NT$19.70 vs. price of NT$20.50 (4.1% above fair value)
Industry Position: 22.2% below the Hardware median (#954 of 1791)
No single metric tells the full story. See the TPE:3038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.
75GF Score
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