FitTech Co (TPE:6706) Debt-to-EBITDA : -19.66 (As of Mar. 2026)

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TPE:6706 FitTech Co Ltd TPE:6706
51 GF Score
Price NT$123.50
GF Value NT$37.28
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is FitTech Co Debt-to-EBITDA?

FitTech Co TPE:6706 +4.66% 51 Debt-to-EBITDA is -19.66 as of Mar. 2026. GuruFocus rates TPE:6706 with a GF Score™ of 51/100 and a GF Value™ of NT$37.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,331 Industrial Products companies, FitTech Co ranks worse than 42900% on this metric.

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

FitTech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$421.2 Mil. FitTech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$2,312.7 Mil. FitTech Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$-139.1 Mil. FitTech Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -19.66.

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

TPE:6706' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.17   Med: 0.28   Max: 1.78
Current: -13.97

During the past 12 years, the highest Debt-to-EBITDA Ratio of FitTech Co was 1.78. The lowest was -21.17. And the median was 0.28.

TPE:6706's Debt-to-EBITDA is ranked worse than
100% of 2331 companies
in the Industrial Products industry
Industry Median: 1.68 vs TPE:6706: -13.97

FitTech Co  (TPE:6706) 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.


FitTech Co Debt-to-EBITDA Related Terms


FitTech Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FitTech 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.

FitTech Co Debt-to-EBITDA Chart

FitTech 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 0.38 0.75 -9.33 -17.10 -21.17

FitTech 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 14.02 -2.35 18.37 15.65 -19.66

TPE:6706 vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, FitTech 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.


FitTech Co Debt-to-EBITDA vs Industrial Products Industry

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

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


TPE:6706
51GF Score
FitTech Co Ltd TPE:6706
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FitTech Co Debt-to-EBITDA Calculation

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

FitTech 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
=(340.063 + 2348.976) / -127.031
=-21.17

FitTech 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
=(421.242 + 2312.699) / -139.072
=-19.66

* 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 -19.66 mean?
FitTech Co (TPE:6706) has a Debt-to-EBITDA of -19.66 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 FitTech Co. According to the industry distribution chart, FitTech Co ranks #999999 out of 2331 companies in the Industrial Products industry.
Is FitTech Co's Debt-to-EBITDA too high?
FitTech Co's current Debt-to-EBITDA is -19.66. Based on the distribution chart, FitTech Co ranks #999999 out of 2331 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FitTech Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FitTech Co's Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FitTech Co ranks #999999 out of 2331 companies for Debt-to-EBITDA. This places FitTech Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. 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 1.68, based on 2,331 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. 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 FitTech Co. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FitTech Co's current Debt-to-EBITDA is -19.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitTech Co stock overvalued right now?
Based on GuruFocus' analysis, FitTech Co (TPE:6706) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$37.28, compared to a current price of NT$123.50 — trading 231.3% above its estimated fair value. The current Debt-to-EBITDA is -19.66. FitTech Co's overall GF Score™ is 51/100 with 9 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 FitTech Co (TPE:6706), the current Debt-to-EBITDA is -19.66 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 FitTech Co (TPE:6706) Overvalued in 2026?

Based on GuruFocus' analysis, FitTech Co stock appears to be overvalued. The current stock price of NT$123.50 is trading 231.3% above its estimated GF Value™ of NT$37.28. GuruFocus considers FitTech Co to be Significantly Overvalued.

Key valuation signals for TPE:6706:

  • Debt-to-EBITDA: -19.66
  • GF Value™: NT$37.28 vs. price of NT$123.50 (231.3% above fair value)
  • GF Score™: 51/100 with 9 warning signs

No single metric tells the full story. See the TPE:6706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FitTech Co Business Description

Address No. 3, Gongyequ 35th Road, 1st Floor, Hsinchu Industrial Park, Xitun District, Taichung, TWN, 407
FitTech Co Ltd mainly engages in the manufacture and wholesale of machinery equipment, general instruments, optical instruments, other optical and precision machinery, industry of intellectual property rights, information software services, research and development services, and international trade. The Group is mainly engaged in R&D, production, and sales of optics testing equipment, laser machining equipment, and OEM optics testing. Products and solutions are LED/MiniLED Test Solutions, MicroLED Test and Transfer Solution, Micro LED solutions, Laser Micromachining Solutions, and others. Its products and service revenue are sales of machines, OEM, and others. It generates maximum revenue from Asia.
51GF Score

Get the complete analysis for TPE:6706

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

NT$123.50
Price
NT$37.28
GF Value