Min Aik Technology Co (TPE:3060) Debt-to-EBITDA : 0.89 (As of Mar. 2026) — 42% Below Median

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TPE:3060 Min Aik Technology Co Ltd TPE:3060
74 GF Score
Price NT$28.80
GF Value NT$31.21
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Min Aik Technology Co Debt-to-EBITDA?

Min Aik Technology Co TPE:3060 74 Debt-to-EBITDA is 0.89 as of Mar. 2026, which is 42% below its 10-year median of 1.54. GuruFocus rates TPE:3060 with a GF Score™ of 74/100 and a GF Value™ of NT$31.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,791 Hardware companies, Min Aik Technology Co ranks worse than 60.52% on this metric.

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

Min Aik Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$291 Mil. Min Aik Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$98 Mil. Min Aik Technology Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$439 Mil. Min Aik Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.88.

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 Min Aik Technology Co's Debt-to-EBITDA or its related term are showing as below:

TPE:3060' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -24.22   Med: 1.54   Max: 3.45
Current: 2.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Min Aik Technology Co was 3.45. The lowest was -24.22. And the median was 1.54.

TPE:3060's Debt-to-EBITDA is ranked worse than
60.52% of 1791 companies
in the Hardware industry
Industry Median: 1.71 vs TPE:3060: 2.53

Min Aik Technology Co  (TPE:3060) 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.


Min Aik Technology Co Debt-to-EBITDA Related Terms


Min Aik Technology Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Min Aik Technology Co'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.

Min Aik Technology Co Debt-to-EBITDA Chart

Min Aik Technology Co 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 1.88 3.31 -14.21 2.42 3.45

Min Aik Technology Co 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 1.68 -2.64 3.52 1.83 0.89

TPE:3060 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Min Aik Technology 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.


Min Aik Technology Co Debt-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Min Aik Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Min Aik Technology Co's Debt-to-EBITDA falls into.


TPE:3060
74GF Score
Min Aik Technology Co Ltd TPE:3060
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Min Aik Technology Co Debt-to-EBITDA Calculation

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

Min Aik Technology Co'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
=(332.944 + 108.307) / 127.768
=3.45

Min Aik Technology Co'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
=(290.683 + 97.726) / 438.968
=0.88

* 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 0.89 mean?
Min Aik Technology Co (TPE:3060) has a Debt-to-EBITDA of 0.89 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 Min Aik Technology Co. This is 42% below median its historical median of 1.54. According to the industry distribution chart, Min Aik Technology Co ranks #1084 out of 1791 companies in the Hardware industry, placing it in the top 60.5%.
Is Min Aik Technology Co's Debt-to-EBITDA too high?
Min Aik Technology Co's current Debt-to-EBITDA of 0.89 is 42% below median its 10-year median of 1.54. The Hardware industry median Debt-to-EBITDA is 1.71. Min Aik Technology Co's value of 0.89 is 48% below this industry median. Based on the distribution chart, Min Aik Technology Co ranks #1084 out of 1791 companies in the Hardware industry, which is below the industry midpoint. Overall, Min Aik Technology Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Min Aik Technology Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Min Aik Technology Co ranks #1084 out of 1791 companies for Debt-to-EBITDA. This places Min Aik Technology Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Min Aik Technology Co's value of 0.89 is 48% below this benchmark. While the company's 10-year median is 1.54 vs. the industry median of 1.71, Min Aik Technology Co 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. Min Aik Technology Co's current Debt-to-EBITDA of 0.89 is 48% 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 Min Aik Technology Co. 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. Min Aik Technology Co's current Debt-to-EBITDA is 0.89, which is 42% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Min Aik Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Min Aik Technology Co (TPE:3060) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.21, compared to a current price of NT$28.80 — trading 7.7% below its estimated fair value. The current Debt-to-EBITDA is 0.89, which is 42% below median its 10-year median of 1.54 and 48% below the Hardware industry median of 1.71. Min Aik Technology Co's overall GF Score™ is 74/100 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 Min Aik Technology Co (TPE:3060), the current Debt-to-EBITDA is 0.89 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 Min Aik Technology Co (TPE:3060) Overvalued in 2026?

Based on GuruFocus' analysis, Min Aik Technology Co stock appears to be undervalued. The current stock price of NT$28.80 is trading 7.7% below its estimated GF Value™ of NT$31.21. GuruFocus considers Min Aik Technology Co to be Fairly Valued.

Key valuation signals for TPE:3060:

  • Debt-to-EBITDA: 0.89 (42% below median its 10-year median of 1.54)
  • GF Value™: NT$31.21 vs. price of NT$28.80 (7.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 48% below the Hardware median (#1084 of 1791)

No single metric tells the full story. See the TPE:3060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Min Aik Technology Co Business Description

Address Wan shou Road, Section 1, 12th Floor-1, No. 492-1, Longhua Village, Kuei Shan District, Taoyuan, TWN, 333
Min Aik Technology Co Ltd is involved in the design, manufacture, and sale of hard disk drive components, plastic camera components, medical device parts, and mechanical components for optical devices. Its operating segments are EMS (Electronics Manufacturing Service), which is the key revenue driver, which includes designing and manufacturing consumer electronics end products; the Automatic Equipment Service segment includes designing and manufacturing automatic machinery for industrial use; and the Commerce Service segment includes trading business. The company's geographical segments include Thailand, which is its key revenue-generating market, Singapore, Taiwan, the United States, and others.
74GF Score

Get the complete analysis for TPE:3060

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

NT$28.80
Price
NT$31.21
GF Value