Ping Ho Environmental Technology Co (TPE:6771) Debt-to-EBITDA : 2.40 (As of Mar. 2026) — Near 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:6771 Ping Ho Environmental Technology Co Ltd TPE:6771
77 GF Score
Price NT$38.10
GF Value NT$44.01
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ping Ho Environmental Technology Co Debt-to-EBITDA?

Ping Ho Environmental Technology Co TPE:6771 +0.26% 77 Debt-to-EBITDA is 2.40 as of Mar. 2026, which is 1% below its 10-year median of 2.42. GuruFocus rates TPE:6771 with a GF Score™ of 77/100 and a GF Value™ of NT$44.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 170 Waste Management companies, Ping Ho Environmental Technology Co ranks better than 63.53% on this metric.

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

Ping Ho Environmental Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$35.0 Mil. Ping Ho Environmental Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$355.1 Mil. Ping Ho Environmental Technology Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$162.3 Mil. Ping Ho Environmental Technology Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.40.

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 Ping Ho Environmental Technology Co's Debt-to-EBITDA or its related term are showing as below:

TPE:6771' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.77   Med: 2.42   Max: 3.21
Current: 2.2

During the past 10 years, the highest Debt-to-EBITDA Ratio of Ping Ho Environmental Technology Co was 3.21. The lowest was 1.77. And the median was 2.42.

TPE:6771's Debt-to-EBITDA is ranked better than
63.53% of 170 companies
in the Waste Management industry
Industry Median: 3.07 vs TPE:6771: 2.20

Ping Ho Environmental Technology Co  (TPE:6771) 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.


Ping Ho Environmental Technology Co Debt-to-EBITDA Related Terms


Ping Ho Environmental Technology Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ping Ho Environmental Technology 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.

Ping Ho Environmental Technology Co Debt-to-EBITDA Chart

Ping Ho Environmental Technology 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 2.19 2.12 2.00 1.77 1.94

Ping Ho Environmental Technology Co Quarterly Data
Jun20 Dec20 Jun21 Dec21 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 1.74 2.03 1.94 2.75 2.40

TPE:6771 vs WM, RSG, WCN: Debt-to-EBITDA Comparison

For the Waste Management subindustry, Ping Ho Environmental Technology 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.


Ping Ho Environmental Technology Co Debt-to-EBITDA vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ping Ho Environmental Technology Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ping Ho Environmental Technology Co's Debt-to-EBITDA falls into.


TPE:6771
77GF Score
Ping Ho Environmental Technology Co Ltd TPE:6771
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ping Ho Environmental Technology Co Debt-to-EBITDA Calculation

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

Ping Ho Environmental Technology 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
=(36.35 + 353.86) / 201.618
=1.94

Ping Ho Environmental Technology 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
=(35.035 + 355.059) / 162.312
=2.40

* 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 2.40 mean?
Ping Ho Environmental Technology Co (TPE:6771) has a Debt-to-EBITDA of 2.40 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 Ping Ho Environmental Technology Co. This is near median its historical median of 2.42. Over the past decade, Ping Ho Environmental Technology Co's Debt-to-EBITDA has ranged from 1.77 to 3.21. According to the industry distribution chart, Ping Ho Environmental Technology Co ranks #62 out of 170 companies in the Waste Management industry, placing it in the top 36.5%.
Is Ping Ho Environmental Technology Co's Debt-to-EBITDA too high?
Ping Ho Environmental Technology Co's current Debt-to-EBITDA of 2.40 is near median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.21. The Waste Management industry median Debt-to-EBITDA is 3.07. Ping Ho Environmental Technology Co's value of 2.40 is 21.8% below this industry median. Based on the distribution chart, Ping Ho Environmental Technology Co ranks #62 out of 170 companies in the Waste Management industry, which is above the industry midpoint. Overall, Ping Ho Environmental Technology Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ping Ho Environmental Technology Co's Debt-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Ping Ho Environmental Technology Co ranks #62 out of 170 companies for Debt-to-EBITDA. This puts Ping Ho Environmental Technology Co in the upper half of its industry. The industry median Debt-to-EBITDA is 3.07. Ping Ho Environmental Technology Co's value of 2.40 is 21.8% below this benchmark. Historically, Ping Ho Environmental Technology Co's own Debt-to-EBITDA has ranged from 1.77 to 3.21 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 3.07, Ping Ho Environmental Technology Co 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 a Waste Management company?
The median Debt-to-EBITDA among Waste Management companies is 3.07, based on 170 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. Ping Ho Environmental Technology Co's current Debt-to-EBITDA of 2.40 is 21.8% 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 Ping Ho Environmental Technology Co. For the Waste Management industry, the median Debt-to-EBITDA is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping Ho Environmental Technology Co's current Debt-to-EBITDA is 2.40, which is near median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping Ho Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ping Ho Environmental Technology Co (TPE:6771) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.01, compared to a current price of NT$38.10 — trading 13.4% below its estimated fair value. The current Debt-to-EBITDA is 2.40, which is near median its 10-year median of 2.42 and 21.8% below the Waste Management industry median of 3.07. Ping Ho Environmental Technology Co's overall GF Score™ is 77/100 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 Ping Ho Environmental Technology Co (TPE:6771), the current Debt-to-EBITDA is 2.40 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 Ping Ho Environmental Technology Co (TPE:6771) Overvalued in 2026?

Based on GuruFocus' analysis, Ping Ho Environmental Technology Co stock appears to be undervalued. The current stock price of NT$38.10 is trading 13.4% below its estimated GF Value™ of NT$44.01. GuruFocus considers Ping Ho Environmental Technology Co to be Modestly Undervalued.

Key valuation signals for TPE:6771:

  • Debt-to-EBITDA: 2.40 (near median its 10-year median of 2.42)
  • GF Value™: NT$44.01 vs. price of NT$38.10 (13.4% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 21.8% below the Waste Management median (#62 of 170)

No single metric tells the full story. See the TPE:6771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ping Ho Environmental Technology Co Business Description

Address No. 6, Bengong Road, Gangshan District, Kaohsiung, TWN, 820110
Ping Ho Environmental Technology Co Ltd is engaged in wastewater treatment business. It has patent for a regenerating coagulant which converts waste acid liquid and iron-containing sludge into special iron coagulants required for chemical. The Company derives its operating income from revenue generated by the treatment of wastewater.
77GF Score

Get the complete analysis for TPE:6771

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

NT$38.10
Price
NT$44.01
GF Value