Favite (TPE:3535) Debt-to-EBITDA : 0.86 (As of Mar. 2026) — 74% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3535 Favite Inc TPE:3535
62 GF Score
Price NT$85.20
GF Value NT$53.31
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Favite Debt-to-EBITDA?

Favite TPE:3535 -2.41% 62 Debt-to-EBITDA is 0.86 as of Mar. 2026, which is 74% below its 10-year median of 3.28. GuruFocus rates TPE:3535 with a GF Score™ of 62/100 and a GF Value™ of NT$53.31 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,790 Hardware companies, Favite ranks worse than 80.56% on this metric.

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

Favite's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$115.2 Mil. Favite's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$173.1 Mil. Favite's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$333.7 Mil. Favite's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.86.

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.

The historical rank and industry rank for Favite's Debt-to-EBITDA or its related term are showing as below:

TPE:3535' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.61   Med: 3.28   Max: 23.29
Current: 5.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Favite was 23.29. The lowest was -9.61. And the median was 3.28.

TPE:3535's Debt-to-EBITDA is ranked worse than
80.56% of 1790 companies
in the Hardware industry
Industry Median: 1.71 vs TPE:3535: 5.53

Favite  (TPE:3535) 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.


Favite Debt-to-EBITDA Related Terms


Favite Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Favite'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.

Favite Debt-to-EBITDA Chart

Favite 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 3.82 1.27 23.29 2.74 -4.52

Favite 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 -1.50 -0.55 -347.04 1.26 0.86

TPE:3535 vs DELL, ANET, SNDK: Debt-to-EBITDA Comparison

For the Computer Hardware subindustry, Favite'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.


Favite Debt-to-EBITDA vs Hardware Industry

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

* The bar in red indicates where Favite's Debt-to-EBITDA falls into.


TPE:3535
62GF Score
Favite Inc TPE:3535
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Favite Debt-to-EBITDA Calculation

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

Favite'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
=(115.114 + 176.841) / -64.557
=-4.52

Favite'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
=(115.15 + 173.059) / 333.744
=0.86

* 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 0.86 mean?
Favite (TPE:3535) has a Debt-to-EBITDA of 0.86 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 Favite. This is 74% below median its historical median of 3.28. According to the industry distribution chart, Favite ranks #1442 out of 1790 companies in the Hardware industry, placing it in the top 80.6%.
Is Favite's Debt-to-EBITDA too high?
Favite's current Debt-to-EBITDA of 0.86 is 74% below median its 10-year median of 3.28. The Hardware industry median Debt-to-EBITDA is 1.71. Favite's value of 0.86 is 49.7% below this industry median. Based on the distribution chart, Favite ranks #1442 out of 1790 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Favite has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Favite's Debt-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, Favite ranks #1442 out of 1790 companies for Debt-to-EBITDA. This places Favite in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Favite's value of 0.86 is 49.7% below this benchmark. While the company's 10-year median is 3.28 vs. the industry median of 1.71, Favite 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. Favite's current Debt-to-EBITDA of 0.86 is 49.7% 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 Favite. 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. Favite's current Debt-to-EBITDA is 0.86, which is 74% below median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Favite stock overvalued right now?
Based on GuruFocus' analysis, Favite (TPE:3535) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$53.31, compared to a current price of NT$85.20 — trading 59.8% above its estimated fair value. The current Debt-to-EBITDA is 0.86, which is 74% below median its 10-year median of 3.28 and 49.7% below the Hardware industry median of 1.71. Favite's overall GF Score™ is 62/100 with 3 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 Favite (TPE:3535), the current Debt-to-EBITDA is 0.86 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 Favite (TPE:3535) Overvalued in 2026?

Based on GuruFocus' analysis, Favite stock appears to be overvalued. The current stock price of NT$85.20 is trading 59.8% above its estimated GF Value™ of NT$53.31. GuruFocus considers Favite to be Significantly Overvalued.

Key valuation signals for TPE:3535:

  • Debt-to-EBITDA: 0.86 (74% below median its 10-year median of 3.28)
  • GF Value™: NT$53.31 vs. price of NT$85.20 (59.8% above fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 49.7% below the Hardware median (#1442 of 1790)

No single metric tells the full story. See the TPE:3535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Favite Business Description

Address Number 197, Sec 2 Huanbei Road, Zhubei, TWN
Favite Inc is engaged in the manufacturing of general instruments, precision instruments, and controlled telecommunication radio-frequency devices and the sales of information software services. The company operates in Taiwan, China and Others. It derives maximum revenue from Taiwan.
62GF Score

Get the complete analysis for TPE:3535

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

NT$85.20
Price
NT$53.31
GF Value