Sun Max Tech (TPE:6591) Debt-to-EBITDA : 2.38 (As of Mar. 2026) — 133% Above Median

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TPE:6591 Sun Max Tech Ltd TPE:6591
81 GF Score
Price NT$44.70
GF Value NT$60.47
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Sun Max Tech Debt-to-EBITDA?

Sun Max Tech TPE:6591 -0.67% 81 Debt-to-EBITDA is 2.38 as of Mar. 2026, which is 133% above its 10-year median of 1.02. GuruFocus rates TPE:6591 with a GF Score™ of 81/100 and a GF Value™ of NT$60.47 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,787 Hardware companies, Sun Max Tech ranks worse than 51.87% on this metric.

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

Sun Max Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$91 Mil. Sun Max Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$574 Mil. Sun Max Tech's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$280 Mil. Sun Max Tech's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.38.

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 Sun Max Tech's Debt-to-EBITDA or its related term are showing as below:

TPE:6591' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29   Med: 1.02   Max: 2.13
Current: 1.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sun Max Tech was 2.13. The lowest was 0.29. And the median was 1.02.

TPE:6591's Debt-to-EBITDA is ranked worse than
51.87% of 1787 companies
in the Hardware industry
Industry Median: 1.71 vs TPE:6591: 1.84

Sun Max Tech  (TPE:6591) 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.


Sun Max Tech Debt-to-EBITDA Related Terms


Sun Max Tech Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sun Max Tech'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.

Sun Max Tech Debt-to-EBITDA Chart

Sun Max Tech 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 0.62 1.48 1.35 2.13 1.65

Sun Max Tech 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 1.10 1.35 1.32 2.28 2.38

TPE:6591 vs DELL, ANET, SNDK: Debt-to-EBITDA Comparison

For the Computer Hardware subindustry, Sun Max Tech'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.


Sun Max Tech Debt-to-EBITDA vs Hardware Industry

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

* The bar in red indicates where Sun Max Tech's Debt-to-EBITDA falls into.


TPE:6591
81GF Score
Sun Max Tech Ltd TPE:6591
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sun Max Tech Debt-to-EBITDA Calculation

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

Sun Max Tech'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
=(99.742 + 580.229) / 413.434
=1.64

Sun Max Tech'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
=(91.043 + 573.733) / 279.724
=2.38

* 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 2.38 mean?
Sun Max Tech (TPE:6591) has a Debt-to-EBITDA of 2.38 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 Sun Max Tech. This is 133% above median its historical median of 1.02. Over the past decade, Sun Max Tech's Debt-to-EBITDA has ranged from 0.29 to 2.13. According to the industry distribution chart, Sun Max Tech ranks #927 out of 1787 companies in the Hardware industry, placing it in the top 51.9%.
Is Sun Max Tech's Debt-to-EBITDA too high?
Sun Max Tech's current Debt-to-EBITDA of 2.38 is 133% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.13. The Hardware industry median Debt-to-EBITDA is 1.71. Sun Max Tech's value of 2.38 is 39.2% above this industry median. Based on the distribution chart, Sun Max Tech ranks #927 out of 1787 companies in the Hardware industry, which is below the industry midpoint. Overall, Sun Max Tech has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sun Max Tech's Debt-to-EBITDA compare to DELL and ANET?
According to the Hardware industry distribution chart, Sun Max Tech ranks #927 out of 1787 companies for Debt-to-EBITDA. This places Sun Max Tech in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Sun Max Tech's value of 2.38 is 39.2% above this benchmark. Historically, Sun Max Tech's own Debt-to-EBITDA has ranged from 0.29 to 2.13 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.71, Sun Max Tech 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 1.71, based on 1,787 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. Sun Max Tech's current Debt-to-EBITDA of 2.38 is 39.2% 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 Sun Max Tech. For the Hardware 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. Sun Max Tech's current Debt-to-EBITDA is 2.38, which is 133% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Max Tech stock overvalued right now?
Based on GuruFocus' analysis, Sun Max Tech (TPE:6591) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$60.47, compared to a current price of NT$44.70 — trading 26.1% below its estimated fair value. The current Debt-to-EBITDA is 2.38, which is 133% above median its 10-year median of 1.02 and 39.2% above the Hardware industry median of 1.71. Sun Max Tech's overall GF Score™ is 81/100 with 5 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 Sun Max Tech (TPE:6591), the current Debt-to-EBITDA is 2.38 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 Sun Max Tech (TPE:6591) Overvalued in 2026?

Based on GuruFocus' analysis, Sun Max Tech stock appears to be undervalued. The current stock price of NT$44.70 is trading 26.1% below its estimated GF Value™ of NT$60.47. GuruFocus considers Sun Max Tech to be Modestly Undervalued.

Key valuation signals for TPE:6591:

  • Debt-to-EBITDA: 2.38 (133% above median its 10-year median of 1.02)
  • GF Value™: NT$60.47 vs. price of NT$44.70 (26.1% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 39.2% above the Hardware median (#927 of 1787)

No single metric tells the full story. See the TPE:6591 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sun Max Tech Business Description

Address Jian 1st Road, 9th Floor & 9th Floor-1, No. 166, Zhonghe District, New Taipei, TWN, 23511
Sun Max Tech Ltd is engaged in the research and development, production, and sales of DC brushless cooling fans, liquid cooling pumps, and other computer-related accessories in Taiwan. Its products are mainly used for personal computers (PC), communications networks, and Industrial control. The company generates maximum revenue from a Cooling fan. Geographically, it derives a majority of its revenue from China and also has a presence in Taiwan and other countries.
81GF Score

Get the complete analysis for TPE:6591

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

NT$44.70
Price
NT$60.47
GF Value