Edison Opto (TPE:3591) Debt-to-EBITDA : 2.33 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:3591 Edison Opto Corp TPE:3591
74 GF Score
Price NT$20.95
GF Value NT$24.65
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Edison Opto Debt-to-EBITDA?

Edison Opto TPE:3591 -1.41% 74 Debt-to-EBITDA is 2.33 as of Mar. 2026, which is 7% above its 10-year median of 2.17. GuruFocus rates TPE:3591 with a GF Score™ of 74/100 and a GF Value™ of NT$24.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,793 Hardware companies, Edison Opto ranks worse than 77.58% on this metric.

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

Edison Opto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$109 Mil. Edison Opto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$462 Mil. Edison Opto's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$245 Mil. Edison Opto's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.32.

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 Edison Opto's Debt-to-EBITDA or its related term are showing as below:

TPE:3591' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.9   Med: 2.17   Max: 11.75
Current: 4.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Edison Opto was 11.75. The lowest was -2.90. And the median was 2.17.

TPE:3591's Debt-to-EBITDA is ranked worse than
77.58% of 1793 companies
in the Hardware industry
Industry Median: 1.7 vs TPE:3591: 4.67

Edison Opto  (TPE:3591) 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.


Edison Opto Debt-to-EBITDA Related Terms


Edison Opto Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Edison Opto'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.

Edison Opto Debt-to-EBITDA Chart

Edison Opto 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 2.53 2.91 1.81 0.98 4.06

Edison Opto 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 1.26 8.12 8.92 4.56 2.33

TPE:3591 vs APH, GLW, TEL: Debt-to-EBITDA Comparison

For the Electronic Components subindustry, Edison Opto'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.


Edison Opto Debt-to-EBITDA vs Hardware Industry

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

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


TPE:3591
74GF Score
Edison Opto Corp TPE:3591
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edison Opto Debt-to-EBITDA Calculation

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

Edison Opto'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
=(23.454 + 463.137) / 119.763
=4.06

Edison Opto'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
=(108.652 + 461.882) / 245.432
=2.32

* 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 2.33 mean?
Edison Opto (TPE:3591) has a Debt-to-EBITDA of 2.33 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 Edison Opto. This is near median its historical median of 2.17. According to the industry distribution chart, Edison Opto ranks #1391 out of 1793 companies in the Hardware industry, placing it in the top 77.6%.
Is Edison Opto's Debt-to-EBITDA too high?
Edison Opto's current Debt-to-EBITDA of 2.33 is near median its 10-year median of 2.17. The Hardware industry median Debt-to-EBITDA is 1.70. Edison Opto's value of 2.33 is 37.1% above this industry median. Based on the distribution chart, Edison Opto ranks #1391 out of 1793 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Edison Opto has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Edison Opto's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Edison Opto ranks #1391 out of 1793 companies for Debt-to-EBITDA. This places Edison Opto in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. Edison Opto's value of 2.33 is 37.1% above this benchmark. While the company's 10-year median is 2.17 vs. the industry median of 1.70, Edison Opto 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 a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.70, based on 1,793 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. Edison Opto's current Debt-to-EBITDA of 2.33 is 37.1% 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 Edison Opto. For the Hardware industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edison Opto's current Debt-to-EBITDA is 2.33, which is near median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edison Opto stock overvalued right now?
Based on GuruFocus' analysis, Edison Opto (TPE:3591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.65, compared to a current price of NT$20.95 — trading 15% below its estimated fair value. The current Debt-to-EBITDA is 2.33, which is near median its 10-year median of 2.17 and 37.1% above the Hardware industry median of 1.70. Edison Opto's overall GF Score™ is 74/100 with 7 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 Edison Opto (TPE:3591), the current Debt-to-EBITDA is 2.33 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 Edison Opto (TPE:3591) Overvalued in 2026?

Based on GuruFocus' analysis, Edison Opto stock appears to be undervalued. The current stock price of NT$20.95 is trading 15% below its estimated GF Value™ of NT$24.65. GuruFocus considers Edison Opto to be Modestly Undervalued.

Key valuation signals for TPE:3591:

  • Debt-to-EBITDA: 2.33 (near median its 10-year median of 2.17)
  • GF Value™: NT$24.65 vs. price of NT$20.95 (15% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 37.1% above the Hardware median (#1391 of 1793)

No single metric tells the full story. See the TPE:3591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Edison Opto Business Description

Address Qiaohe Road, 17th Floor, No. 17, Zhonghe District, New Taipei, TWN, 235029
Edison Opto Corp is engaged in manufacturing, selling, researching, and developing LED components, modules, and finished products in general lighting and automotive lighting areas. The company's operating segments include The Company; Edison Opto (Dong Guan) Co. Ltd; Yangzhou Edison Opto Corporation; Yangzhou Edison-Litek Opto Corporation; Edison-Litek Opto Corporation, and other subsidiaries. It generates maximum revenue from the Company segment.
74GF Score

Get the complete analysis for TPE:3591

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

NT$20.95
Price
NT$24.65
GF Value