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InnoluxTPE:3481 +0.11%61 Debt-to-EBITDA is 1.29 as of Mar. 2026, which is 4% above its 10-year median of 1.24. GuruFocus rates TPE:3481 with a GF Score™ of 61/100 and a GF Value™ of NT$20.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,808 Hardware companies, Innolux ranks worse than 51% 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 Innolux's Debt-to-EBITDA or its related term are showing as below:
TPE:3481'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.34 Med: 1.24 Max: 5.68
Current: 1.7
During the past 13 years, the highest Debt-to-EBITDA Ratio of Innolux was 5.68. The lowest was 0.34. And the median was 1.24.
TPE:3481's Debt-to-EBITDA is ranked worse than 51% of 1808
companies
in the Hardware industry
Industry Median: 1.64
vs TPE:3481: 1.70
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.
Innolux Debt-to-EBITDA Related Terms
Innolux Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Innolux'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.
TPE:3481 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Innolux'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.
Innolux Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Innolux's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Innolux'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.
Innolux (TPE:3481) has a Debt-to-EBITDA of 1.29 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 Innolux. This is near median its historical median of 1.24. Over the past decade, Innolux's Debt-to-EBITDA has ranged from 0.34 to 5.68. According to the industry distribution chart, Innolux ranks #922 out of 1808 companies in the Hardware industry, placing it in the top 51%.
Is Innolux's Debt-to-EBITDA too high?
Innolux's current Debt-to-EBITDA of 1.29 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 5.68. The Hardware industry median Debt-to-EBITDA is 1.64. Innolux's value of 1.29 is 21.3% below this industry median. Based on the distribution chart, Innolux ranks #922 out of 1808 companies in the Hardware industry, which is below the industry midpoint. Overall, Innolux has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innolux's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Innolux ranks #922 out of 1808 companies for Debt-to-EBITDA. This places Innolux in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. Innolux's value of 1.29 is 21.3% below this benchmark. Historically, Innolux's own Debt-to-EBITDA has ranged from 0.34 to 5.68 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.64, Innolux 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 1.64, based on 1,808 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. Innolux's current Debt-to-EBITDA of 1.29 is 21.3% 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 Innolux. For the Hardware industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innolux's current Debt-to-EBITDA is 1.29, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innolux stock overvalued right now?
Based on GuruFocus' analysis, Innolux (TPE:3481) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.97, compared to a current price of NT$46.05 — trading 119.6% above its estimated fair value. The current Debt-to-EBITDA is 1.29, which is near median its 10-year median of 1.24 and 21.3% below the Hardware industry median of 1.64. Innolux's overall GF Score™ is 61/100 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 Innolux (TPE:3481), the current Debt-to-EBITDA is 1.29 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 Innolux (TPE:3481) Overvalued in 2026?
Based on GuruFocus' analysis, Innolux stock appears to be overvalued.
The current stock price of NT$46.05 is trading 119.6% above its estimated GF Value™ of NT$20.97.
GuruFocus considers Innolux to be Significantly Overvalued.
Key valuation signals for TPE:3481:
Debt-to-EBITDA: 1.29 (near median its 10-year median of 1.24)
GF Value™: NT$20.97 vs. price of NT$46.05 (119.6% above fair value)
Industry Position: 21.3% below the Hardware median (#922 of 1808)
No single metric tells the full story. See the TPE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innolux Corp is a Taiwan-based company that engages in the research, development, design, manufacture and sales of display panels and related diverse cross-domain applications, as well as providing comprehensive display solutions. It generates revenue in Taiwan and markets in Asia, the Americas, and Europe. Its products are LCD TV Applications, PID Applications, Monitor Applications, Notebook Applications, Industrial Display Applications, Smart Medical Applications, Automotive Display Applications, Tablet Display Applications, Display Technologies, Non-Display Technologies, and others. It derives revenue from the transfer of goods at a point in time.
61GF Score
Get the complete analysis for TPE:3481
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