WPG Holding Co (TPE:3702) Debt-to-EBITDA : 4.67 (As of Mar. 2026) — 30% Below 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:3702 WPG Holding Co Ltd TPE:3702
80 GF Score
Price NT$125.50
GF Value NT$97.47
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is WPG Holding Co Debt-to-EBITDA?

WPG Holding Co TPE:3702 -2.71% 80 Debt-to-EBITDA is 4.67 as of Mar. 2026, which is 30% below its 10-year median of 6.64. GuruFocus rates TPE:3702 with a GF Score™ of 80/100 and a GF Value™ of NT$97.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,790 Hardware companies, WPG Holding Co ranks worse than 82.85% on this metric.

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

WPG Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$148,355 Mil. WPG Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$33,011 Mil. WPG Holding Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$38,869 Mil. WPG Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.67.

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 WPG Holding Co's Debt-to-EBITDA or its related term are showing as below:

TPE:3702' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.94   Med: 6.64   Max: 7.84
Current: 6.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of WPG Holding Co was 7.84. The lowest was 5.94. And the median was 6.64.

TPE:3702's Debt-to-EBITDA is ranked worse than
82.85% of 1790 companies
in the Hardware industry
Industry Median: 1.715 vs TPE:3702: 6.32

WPG Holding Co  (TPE:3702) 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.


WPG Holding Co Debt-to-EBITDA Related Terms


WPG Holding Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for WPG Holding 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.

WPG Holding Co Debt-to-EBITDA Chart

WPG Holding 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 7.13 6.61 6.29 7.84 6.17

WPG Holding 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 7.59 6.35 6.13 5.74 4.67

TPE:3702 vs SNX, ARW, AVT: Debt-to-EBITDA Comparison

For the Electronics & Computer Distribution subindustry, WPG Holding 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.


WPG Holding Co Debt-to-EBITDA vs Hardware Industry

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

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


TPE:3702
80GF Score
WPG Holding Co Ltd TPE:3702
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WPG Holding Co Debt-to-EBITDA Calculation

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

WPG Holding 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
=(111324.871 + 37925.457) / 24201.497
=6.17

WPG Holding 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
=(148354.762 + 33011.018) / 38869.304
=4.67

* 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 4.67 mean?
WPG Holding Co (TPE:3702) has a Debt-to-EBITDA of 4.67 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 WPG Holding Co. This is 30% below median its historical median of 6.64. Over the past decade, WPG Holding Co's Debt-to-EBITDA has ranged from 5.94 to 7.84. According to the industry distribution chart, WPG Holding Co ranks #1483 out of 1790 companies in the Hardware industry, placing it in the top 82.8%.
Is WPG Holding Co's Debt-to-EBITDA too high?
WPG Holding Co's current Debt-to-EBITDA of 4.67 is 30% below median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 7.84. The Hardware industry median Debt-to-EBITDA is 1.72. WPG Holding Co's value of 4.67 is 172.3% above this industry median. Based on the distribution chart, WPG Holding Co ranks #1483 out of 1790 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, WPG Holding Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG Holding Co's Debt-to-EBITDA compare to SNX and ARW?
According to the Hardware industry distribution chart, WPG Holding Co ranks #1483 out of 1790 companies for Debt-to-EBITDA. This places WPG Holding Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.72. WPG Holding Co's value of 4.67 is 172.3% above this benchmark. Historically, WPG Holding Co's own Debt-to-EBITDA has ranged from 5.94 to 7.84 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 1.72, WPG Holding 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 a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.72, 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. WPG Holding Co's current Debt-to-EBITDA of 4.67 is 172.3% 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 WPG Holding Co. For the Hardware industry, the median Debt-to-EBITDA is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG Holding Co's current Debt-to-EBITDA is 4.67, which is 30% below median its own 10-year median of 6.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WPG Holding Co stock overvalued right now?
Based on GuruFocus' analysis, WPG Holding Co (TPE:3702) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$97.47, compared to a current price of NT$125.50 — trading 28.8% above its estimated fair value. The current Debt-to-EBITDA is 4.67, which is 30% below median its 10-year median of 6.64 and 172.3% above the Hardware industry median of 1.72. WPG Holding Co's overall GF Score™ is 80/100 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 WPG Holding Co (TPE:3702), the current Debt-to-EBITDA is 4.67 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 WPG Holding Co (TPE:3702) Overvalued in 2026?

Based on GuruFocus' analysis, WPG Holding Co stock appears to be overvalued. The current stock price of NT$125.50 is trading 28.8% above its estimated GF Value™ of NT$97.47. GuruFocus considers WPG Holding Co to be Modestly Overvalued.

Key valuation signals for TPE:3702:

  • Debt-to-EBITDA: 4.67 (30% below median its 10-year median of 6.64)
  • GF Value™: NT$97.47 vs. price of NT$125.50 (28.8% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 172.3% above the Hardware median (#1483 of 1790)

No single metric tells the full story. See the TPE:3702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WPG Holding Co Business Description

Address Jingmao 2nd Road, 22nd Floor, No. 189, Nangang District, Taipei, TWN, 11568
WPG Holding Co Ltd is a world-wide semiconductor components distributor rooted in the Asia-Pacific region. The company engaged in the distribution and sales of electronic/electrical components, sales of computer software, and electrical products and sales of electronic/electrical products. The products include CPU, analog IC, discrete IC, logic IC, DRAM, Flash, optical component, etc.
80GF Score

Get the complete analysis for TPE:3702

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

NT$125.50
Price
NT$97.47
GF Value