Promate Electronic Co (TPE:6189) Debt-to-EBITDA : 2.06 (As of Mar. 2026) — 27% 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:6189 Promate Electronic Co Ltd TPE:6189
85 GF Score
Price NT$47.15
GF Value NT$48.96
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Promate Electronic Co Debt-to-EBITDA?

Promate Electronic Co TPE:6189 -0.74% 85 Debt-to-EBITDA is 2.06 as of Mar. 2026, which is 27% below its 10-year median of 2.82. GuruFocus rates TPE:6189 with a GF Score™ of 85/100 and a GF Value™ of NT$48.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,793 Hardware companies, Promate Electronic Co ranks worse than 63.97% on this metric.

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

Promate Electronic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$3,306 Mil. Promate Electronic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$270 Mil. Promate Electronic Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$1,734 Mil. Promate Electronic Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.06.

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

TPE:6189' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.53   Med: 2.82   Max: 4.13
Current: 2.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Promate Electronic Co was 4.13. The lowest was 1.53. And the median was 2.82.

TPE:6189's Debt-to-EBITDA is ranked worse than
63.97% of 1793 companies
in the Hardware industry
Industry Median: 1.67 vs TPE:6189: 2.82

Promate Electronic Co  (TPE:6189) 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.


Promate Electronic Co Debt-to-EBITDA Related Terms


Promate Electronic Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Promate Electronic 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.

Promate Electronic Co Debt-to-EBITDA Chart

Promate Electronic 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 2.94 2.80 2.79 1.53 2.83

Promate Electronic 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 1.94 -12.64 1.89 2.21 2.06

TPE:6189 vs SNX, ARW, AVT: Debt-to-EBITDA Comparison

For the Electronics & Computer Distribution subindustry, Promate Electronic 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.


Promate Electronic Co Debt-to-EBITDA vs Hardware Industry

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

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


TPE:6189
85GF Score
Promate Electronic Co Ltd TPE:6189
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Promate Electronic Co Debt-to-EBITDA Calculation

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

Promate Electronic 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
=(3441.092 + 247.875) / 1302.396
=2.83

Promate Electronic 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
=(3306.055 + 269.764) / 1733.548
=2.06

* 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 2.06 mean?
Promate Electronic Co (TPE:6189) has a Debt-to-EBITDA of 2.06 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 Promate Electronic Co. This is 27% below median its historical median of 2.82. Over the past decade, Promate Electronic Co's Debt-to-EBITDA has ranged from 1.53 to 4.13. According to the industry distribution chart, Promate Electronic Co ranks #1147 out of 1793 companies in the Hardware industry, placing it in the top 64%.
Is Promate Electronic Co's Debt-to-EBITDA too high?
Promate Electronic Co's current Debt-to-EBITDA of 2.06 is 27% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 4.13. The Hardware industry median Debt-to-EBITDA is 1.67. Promate Electronic Co's value of 2.06 is 23.4% above this industry median. Based on the distribution chart, Promate Electronic Co ranks #1147 out of 1793 companies in the Hardware industry, which is below the industry midpoint. Overall, Promate Electronic Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Promate Electronic Co's Debt-to-EBITDA compare to SNX and ARW?
According to the Hardware industry distribution chart, Promate Electronic Co ranks #1147 out of 1793 companies for Debt-to-EBITDA. This places Promate Electronic Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.67. Promate Electronic Co's value of 2.06 is 23.4% above this benchmark. Historically, Promate Electronic Co's own Debt-to-EBITDA has ranged from 1.53 to 4.13 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.67, Promate Electronic 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 1.67, 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. Promate Electronic Co's current Debt-to-EBITDA of 2.06 is 23.4% 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 Promate Electronic Co. For the Hardware industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promate Electronic Co's current Debt-to-EBITDA is 2.06, which is 27% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promate Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Promate Electronic Co (TPE:6189) is currently considered Fairly Valued. The stock's GF Value™ is NT$48.96, compared to a current price of NT$47.15 — trading 3.7% below its estimated fair value. The current Debt-to-EBITDA is 2.06, which is 27% below median its 10-year median of 2.82 and 23.4% above the Hardware industry median of 1.67. Promate Electronic Co's overall GF Score™ is 85/100 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 Promate Electronic Co (TPE:6189), the current Debt-to-EBITDA is 2.06 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 Promate Electronic Co (TPE:6189) Overvalued in 2026?

Based on GuruFocus' analysis, Promate Electronic Co stock appears to be undervalued. The current stock price of NT$47.15 is trading 3.7% below its estimated GF Value™ of NT$48.96. GuruFocus considers Promate Electronic Co to be Fairly Valued.

Key valuation signals for TPE:6189:

  • Debt-to-EBITDA: 2.06 (27% below median its 10-year median of 2.82)
  • GF Value™: NT$48.96 vs. price of NT$47.15 (3.7% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 23.4% above the Hardware median (#1147 of 1793)

No single metric tells the full story. See the TPE:6189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promate Electronic Co Business Description

Address Huanshan Road, 4th Floor, No. 32, Section 1, Neihu District, Taipei, TWN, 11442
Promate Electronic Co Ltd company is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region Manufacturing and distribution agents established in Mainland China and Hong Kong; and Non-China Region Manufacturing and distribution agents established outside Mainland China and Hong Kong, out of which it derives a majority of its revenue from the Non-China Region.
85GF Score

Get the complete analysis for TPE:6189

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

NT$47.15
Price
NT$48.96
GF Value