Hiwin Mikrosystem (TPE:4576) Debt-to-EBITDA : 1.54 (As of Mar. 2026) — 59% Below Median

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TPE:4576 Hiwin Mikrosystem Corp TPE:4576
67 GF Score
Price NT$218.50
GF Value NT$140.04
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Hiwin Mikrosystem Debt-to-EBITDA?

Hiwin Mikrosystem TPE:4576 +0.23% 67 Debt-to-EBITDA is 1.54 as of Mar. 2026, which is 59% below its 10-year median of 3.78. GuruFocus rates TPE:4576 with a GF Score™ of 67/100 and a GF Value™ of NT$140.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,327 Industrial Products companies, Hiwin Mikrosystem ranks worse than 57.33% on this metric.

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

Hiwin Mikrosystem's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$197 Mil. Hiwin Mikrosystem's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$1,095 Mil. Hiwin Mikrosystem's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$842 Mil. Hiwin Mikrosystem's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.54.

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 Hiwin Mikrosystem's Debt-to-EBITDA or its related term are showing as below:

TPE:4576' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.24   Med: 3.78   Max: 8.07
Current: 2.24

During the past 11 years, the highest Debt-to-EBITDA Ratio of Hiwin Mikrosystem was 8.07. The lowest was 1.24. And the median was 3.78.

TPE:4576's Debt-to-EBITDA is ranked worse than
57.33% of 2327 companies
in the Industrial Products industry
Industry Median: 1.71 vs TPE:4576: 2.24

Hiwin Mikrosystem  (TPE:4576) 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.


Hiwin Mikrosystem Debt-to-EBITDA Related Terms


Hiwin Mikrosystem Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hiwin Mikrosystem'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.

Hiwin Mikrosystem Debt-to-EBITDA Chart

Hiwin Mikrosystem 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 1.70 1.24 4.60 4.71 2.67

Hiwin Mikrosystem 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 2.85 4.79 2.44 2.01 1.54

TPE:4576 vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.


Hiwin Mikrosystem Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's Debt-to-EBITDA distribution charts can be found below:

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


TPE:4576
67GF Score
Hiwin Mikrosystem Corp TPE:4576
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiwin Mikrosystem Debt-to-EBITDA Calculation

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

Hiwin Mikrosystem'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
=(179.402 + 1122.201) / 487.192
=2.67

Hiwin Mikrosystem'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
=(197.219 + 1094.909) / 841.716
=1.54

* 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 1.54 mean?
Hiwin Mikrosystem (TPE:4576) has a Debt-to-EBITDA of 1.54 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 Hiwin Mikrosystem. This is 59% below median its historical median of 3.78. Over the past decade, Hiwin Mikrosystem's Debt-to-EBITDA has ranged from 1.24 to 8.07. According to the industry distribution chart, Hiwin Mikrosystem ranks #1334 out of 2327 companies in the Industrial Products industry, placing it in the top 57.3%.
Is Hiwin Mikrosystem's Debt-to-EBITDA too high?
Hiwin Mikrosystem's current Debt-to-EBITDA of 1.54 is 59% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 8.07. The Industrial Products industry median Debt-to-EBITDA is 1.71. Hiwin Mikrosystem's value of 1.54 is 9.9% below this industry median. Based on the distribution chart, Hiwin Mikrosystem ranks #1334 out of 2327 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hiwin Mikrosystem has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Mikrosystem's Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hiwin Mikrosystem ranks #1334 out of 2327 companies for Debt-to-EBITDA. This places Hiwin Mikrosystem in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Hiwin Mikrosystem's value of 1.54 is 9.9% below this benchmark. Historically, Hiwin Mikrosystem's own Debt-to-EBITDA has ranged from 1.24 to 8.07 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 1.71, Hiwin Mikrosystem 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 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. Hiwin Mikrosystem's current Debt-to-EBITDA of 1.54 is 9.9% 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 Hiwin Mikrosystem. 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. Hiwin Mikrosystem's current Debt-to-EBITDA is 1.54, which is 59% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Mikrosystem stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Mikrosystem (TPE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$140.04, compared to a current price of NT$218.50 — trading 56% above its estimated fair value. The current Debt-to-EBITDA is 1.54, which is 59% below median its 10-year median of 3.78 and 9.9% below the Industrial Products industry median of 1.71. Hiwin Mikrosystem's overall GF Score™ is 67/100 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 Hiwin Mikrosystem (TPE:4576), the current Debt-to-EBITDA is 1.54 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 Hiwin Mikrosystem (TPE:4576) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Mikrosystem stock appears to be overvalued. The current stock price of NT$218.50 is trading 56% above its estimated GF Value™ of NT$140.04. GuruFocus considers Hiwin Mikrosystem to be Significantly Overvalued.

Key valuation signals for TPE:4576:

  • Debt-to-EBITDA: 1.54 (59% below median its 10-year median of 3.78)
  • GF Value™: NT$140.04 vs. price of NT$218.50 (56% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 9.9% below the Industrial Products median (#1334 of 2327)

No single metric tells the full story. See the TPE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Mikrosystem Business Description

Address No. 6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN
Hiwin Mikrosystem Corp is engaged in manufacturing, repairing, and selling a variety of motors, drives, and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motors, and single-axis motors, among others. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation. The company's reportable segments are precision motion and control parts, micro and nano-positioning systems and others. The majority of revenue is derived from the micro and nano-positioning systems segment. Geographically, the maximum revenue is generated from Taiwan.
67GF Score

Get the complete analysis for TPE:4576

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

NT$218.50
Price
NT$140.04
GF Value