Shin Zu Shing Co (TPE:3376) Debt-to-EBITDA : 1.76 (As of Mar. 2026) — 189% Above Median

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TPE:3376 Shin Zu Shing Co Ltd TPE:3376
87 GF Score
Price NT$184.50
GF Value NT$228.61
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shin Zu Shing Co Debt-to-EBITDA?

Shin Zu Shing Co TPE:3376 -2.12% 87 Debt-to-EBITDA is 1.76 as of Mar. 2026, which is 189% above its 10-year median of 0.61. GuruFocus rates TPE:3376 with a GF Score™ of 87/100 and a GF Value™ of NT$228.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,327 Industrial Products companies, Shin Zu Shing Co ranks better than 51.74% on this metric.

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

Shin Zu Shing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$601 Mil. Shin Zu Shing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$755 Mil. Shin Zu Shing Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$771 Mil. Shin Zu Shing Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.76.

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 Shin Zu Shing Co's Debt-to-EBITDA or its related term are showing as below:

TPE:3376' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 0.61   Max: 1.58
Current: 1.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shin Zu Shing Co was 1.58. The lowest was 0.32. And the median was 0.61.

TPE:3376's Debt-to-EBITDA is ranked better than
51.74% of 2327 companies
in the Industrial Products industry
Industry Median: 1.71 vs TPE:3376: 1.58

Shin Zu Shing Co  (TPE:3376) 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.


Shin Zu Shing Co Debt-to-EBITDA Related Terms


Shin Zu Shing Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co Debt-to-EBITDA Chart

Shin Zu Shing 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 0.56 0.65 1.06 0.32 1.01

Shin Zu Shing 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 0.46 2.19 0.63 1.12 1.76

TPE:3376 vs CRS, ATI, MLI: Debt-to-EBITDA Comparison

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shin Zu Shing Co's Debt-to-EBITDA falls into.


TPE:3376
87GF Score
Shin Zu Shing Co Ltd TPE:3376
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Zu Shing Co Debt-to-EBITDA Calculation

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

Shin Zu Shing 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
=(347.883 + 754.474) / 1088.164
=1.01

Shin Zu Shing 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
=(600.699 + 754.722) / 771.212
=1.76

* 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 1.76 mean?
Shin Zu Shing Co (TPE:3376) has a Debt-to-EBITDA of 1.76 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 Shin Zu Shing Co. This is 189% above median its historical median of 0.61. Over the past decade, Shin Zu Shing Co's Debt-to-EBITDA has ranged from 0.32 to 1.58. According to the industry distribution chart, Shin Zu Shing Co ranks #1123 out of 2327 companies in the Industrial Products industry, placing it in the top 48.3%.
Is Shin Zu Shing Co's Debt-to-EBITDA too high?
Shin Zu Shing Co's current Debt-to-EBITDA of 1.76 is 189% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.58. The Industrial Products industry median Debt-to-EBITDA is 1.71. Shin Zu Shing Co's value of 1.76 is 2.9% above this industry median. Based on the distribution chart, Shin Zu Shing Co ranks #1123 out of 2327 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shin Zu Shing Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Zu Shing Co's Debt-to-EBITDA compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shin Zu Shing Co ranks #1123 out of 2327 companies for Debt-to-EBITDA. This puts Shin Zu Shing Co in the upper half of its industry. The industry median Debt-to-EBITDA is 1.71. Shin Zu Shing Co's value of 1.76 is 2.9% above this benchmark. Historically, Shin Zu Shing Co's own Debt-to-EBITDA has ranged from 0.32 to 1.58 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.71, Shin Zu Shing Co has consistently been above 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.71, based on 2,327 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. Shin Zu Shing Co's current Debt-to-EBITDA of 1.76 is 2.9% above 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 Shin Zu Shing Co. For the Industrial Products 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. Shin Zu Shing Co's current Debt-to-EBITDA is 1.76, which is 189% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Zu Shing Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Zu Shing Co (TPE:3376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$228.61, compared to a current price of NT$184.50 — trading 19.3% below its estimated fair value. The current Debt-to-EBITDA is 1.76, which is 189% above median its 10-year median of 0.61 and 2.9% above the Industrial Products industry median of 1.71. Shin Zu Shing Co's overall GF Score™ is 87/100 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 Shin Zu Shing Co (TPE:3376), the current Debt-to-EBITDA is 1.76 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 Shin Zu Shing Co (TPE:3376) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Zu Shing Co stock appears to be undervalued. The current stock price of NT$184.50 is trading 19.3% below its estimated GF Value™ of NT$228.61. GuruFocus considers Shin Zu Shing Co to be Modestly Undervalued.

Key valuation signals for TPE:3376:

  • Debt-to-EBITDA: 1.76 (189% above median its 10-year median of 0.61)
  • GF Value™: NT$228.61 vs. price of NT$184.50 (19.3% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 2.9% above the Industrial Products median (#1123 of 2327)

No single metric tells the full story. See the TPE:3376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Zu Shing Co Business Description

Address No. 174, Junying Street, Shulin District, New Taipei City, TWN, 238
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM) products. It develops hinge components used in notebook computers, LCD monitors, digital cameras, and other electronic product parts. Its segments are Hinge products, which generate maximum revenue and engage in the design, manufacture, testing, and sales of hinge products for various components, including NB, LCD, and 3C hinge products and other parts such as springs and stamping parts for different types of laptops or consumer electronic products, as well as Milling products and MIM products. Geographically, it generates maximum revenue from Asia.
87GF Score

Get the complete analysis for TPE:3376

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

NT$184.50
Price
NT$228.61
GF Value