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Cheer Time Enterprise CoTPE:3229 +9.34%55 Debt-to-EBITDA is 0.93 as of Mar. 2026, which is 5% below its 10-year median of 0.98. GuruFocus rates TPE:3229 with a GF Score™ of 55/100 and a GF Value™ of NT$17.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,790 Hardware companies, Cheer Time Enterprise Co ranks worse than 78.1% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Cheer Time Enterprise Co's Debt-to-EBITDA or its related term are showing as below:
TPE:3229'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.86 Med: 0.98 Max: 147.48
Current: 4.86
During the past 13 years, the highest Debt-to-EBITDA Ratio of Cheer Time Enterprise Co was 147.48. The lowest was -4.86. And the median was 0.98.
TPE:3229's Debt-to-EBITDA is ranked worse than 78.1% of 1790
companies
in the Hardware industry
Industry Median: 1.71
vs TPE:3229: 4.86
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.
Cheer Time Enterprise Co Debt-to-EBITDA Related Terms
Cheer Time Enterprise 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:3229 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Cheer Time Enterprise 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.
Cheer Time Enterprise Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Cheer Time Enterprise Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cheer Time Enterprise 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.
Cheer Time Enterprise Co (TPE:3229) has a Debt-to-EBITDA of 0.93 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 Cheer Time Enterprise Co. This is near median its historical median of 0.98. According to the industry distribution chart, Cheer Time Enterprise Co ranks #1398 out of 1790 companies in the Hardware industry, placing it in the top 78.1%.
Is Cheer Time Enterprise Co's Debt-to-EBITDA too high?
Cheer Time Enterprise Co's current Debt-to-EBITDA of 0.93 is near median its 10-year median of 0.98. The Hardware industry median Debt-to-EBITDA is 1.71. Cheer Time Enterprise Co's value of 0.93 is 45.6% below this industry median. Based on the distribution chart, Cheer Time Enterprise Co ranks #1398 out of 1790 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Cheer Time Enterprise Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheer Time Enterprise Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Cheer Time Enterprise Co ranks #1398 out of 1790 companies for Debt-to-EBITDA. This places Cheer Time Enterprise Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Cheer Time Enterprise Co's value of 0.93 is 45.6% below this benchmark. While the company's 10-year median is 0.98 vs. the industry median of 1.71, Cheer Time Enterprise 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 1,790 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. Cheer Time Enterprise Co's current Debt-to-EBITDA of 0.93 is 45.6% 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 Cheer Time Enterprise 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. Cheer Time Enterprise Co's current Debt-to-EBITDA is 0.93, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheer Time Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Cheer Time Enterprise Co (TPE:3229) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.94, compared to a current price of NT$50.90 — trading 183.7% above its estimated fair value. The current Debt-to-EBITDA is 0.93, which is near median its 10-year median of 0.98 and 45.6% below the Hardware industry median of 1.71. Cheer Time Enterprise Co's overall GF Score™ is 55/100 with 5 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 Cheer Time Enterprise Co (TPE:3229), the current Debt-to-EBITDA is 0.93 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 Cheer Time Enterprise Co (TPE:3229) Overvalued in 2026?
Based on GuruFocus' analysis, Cheer Time Enterprise Co stock appears to be overvalued.
The current stock price of NT$50.90 is trading 183.7% above its estimated GF Value™ of NT$17.94.
GuruFocus considers Cheer Time Enterprise Co to be Significantly Overvalued.
Key valuation signals for TPE:3229:
Debt-to-EBITDA: 0.93 (near median its 10-year median of 0.98)
GF Value™: NT$17.94 vs. price of NT$50.90 (183.7% above fair value)
Industry Position: 45.6% below the Hardware median (#1398 of 1790)
No single metric tells the full story. See the TPE:3229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheer Time Enterprise Co Ltd is engaged in the manufacturing, processing and sales of rigid Printed Circuit Board (PCB), as well as international trade. The company's products include HDI, Teflon, ceramic plate, ceramic plate + FR-4, Load Board PCB, Aluminum substrate, rigid-flex PCB, Special process images, PCB drilling, Phosphor bronze balls, and Electronic components. It derives the majority of revenue from Manufacturing and sales of printed circuit boards. Geographically, it derives the majority of revenue from Taiwan, Asia (excluding Taiwan), North America, Oceania, and Europe with the majority of revenue deriving from Taiwan.
55GF Score
Get the complete analysis for TPE:3229
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