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Capital SecuritiesTPE:6005 +2.00%78 Debt-to-EBITDA is 8.48 as of Mar. 2026, which is 28% below its 10-year median of 11.85. GuruFocus rates TPE:6005 with a GF Score™ of 78/100 and a GF Value™ of NT$43.75 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 419 Capital Markets companies, Capital Securities ranks worse than 89.02% 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 Capital Securities's Debt-to-EBITDA or its related term are showing as below:
TPE:6005'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.3 Med: 11.85 Max: 19.93
Current: 11.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of Capital Securities was 19.93. The lowest was 8.30. And the median was 11.85.
TPE:6005's Debt-to-EBITDA is ranked worse than 89.02% of 419
companies
in the Capital Markets industry
Industry Median: 1.56
vs TPE:6005: 11.23
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.
Capital Securities Debt-to-EBITDA Related Terms
Capital Securities Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Capital Securities'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:6005 vs MS, GS, SCHW: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, Capital Securities'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.
Capital Securities Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Capital Securities's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Capital Securities'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.
Capital Securities (TPE:6005) has a Debt-to-EBITDA of 8.48 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 Capital Securities. This is 28% below median its historical median of 11.85. Over the past decade, Capital Securities' Debt-to-EBITDA has ranged from 8.30 to 19.93. According to the industry distribution chart, Capital Securities ranks #373 out of 419 companies in the Capital Markets industry, placing it in the top 89%.
Is Capital Securities' Debt-to-EBITDA too high?
Capital Securities' current Debt-to-EBITDA of 8.48 is 28% below median its 10-year median of 11.85. Over the past 10 years, this metric has ranged from a low of 8.30 to a high of 19.93. The Capital Markets industry median Debt-to-EBITDA is 1.56. Capital Securities' value of 8.48 is 443.6% above this industry median. Based on the distribution chart, Capital Securities ranks #373 out of 419 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Capital Securities has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capital Securities' Debt-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, Capital Securities ranks #373 out of 419 companies for Debt-to-EBITDA. This places Capital Securities in the lower half of its industry. The industry median Debt-to-EBITDA is 1.56. Capital Securities' value of 8.48 is 443.6% above this benchmark. Historically, Capital Securities' own Debt-to-EBITDA has ranged from 8.30 to 19.93 over the past decade. While the company's 10-year median is 11.85 vs. the industry median of 1.56, Capital Securities 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.56, based on 419 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. Capital Securities's current Debt-to-EBITDA of 8.48 is 443.6% 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 Capital Securities. For the Capital Markets industry, the median Debt-to-EBITDA is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Securities's current Debt-to-EBITDA is 8.48, which is 28% below median its own 10-year median of 11.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Securities stock overvalued right now?
Based on GuruFocus' analysis, Capital Securities (TPE:6005) is currently considered Possible Value Trap. The stock's GF Value™ is NT$43.75, compared to a current price of NT$30.60 — trading 30.1% below its estimated fair value. The current Debt-to-EBITDA is 8.48, which is 28% below median its 10-year median of 11.85 and 443.6% above the Capital Markets industry median of 1.56. Capital Securities' overall GF Score™ is 78/100 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 Capital Securities (TPE:6005), the current Debt-to-EBITDA is 8.48 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 Capital Securities (TPE:6005) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Securities stock appears to be undervalued.
The current stock price of NT$30.60 is trading 30.1% below its estimated GF Value™ of NT$43.75.
GuruFocus considers Capital Securities to be Possible Value Trap.
Key valuation signals for TPE:6005:
Debt-to-EBITDA: 8.48 (28% below median its 10-year median of 11.85)
GF Value™: NT$43.75 vs. price of NT$30.60 (30.1% below fair value)
Industry Position: 443.6% above the Capital Markets median (#373 of 419)
No single metric tells the full story. See the TPE:6005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Securities Corp is a Taiwan-based securities company engaged in brokerage, underwriting, proprietary trading, and derivatives businesses. It operates in segments such as the Brokerage segment, which is engaged in brokerage trading, margin trading, and securities lending business. Corporate financing segment: Engaged in providing advisory on initial public offering or to register on the emerging or listed market, securities underwriting and sales, corporate finance, mergers and acquisitions. Dealing segment: Engaged in trading securities and related listed stock instruments on a proprietary basis. Derivative instrument segment: Engaged in the investment, consultancy, and issuance of derivative instruments. Futures: Engaged in the business of domestic futures brokerage services.
78GF Score
Get the complete analysis for TPE:6005
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