HD Renewable Energy Co (TPE:6873) Debt-to-EBITDA : 12.63 (As of Mar. 2026) — 748% Above Median

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TPE:6873 HD Renewable Energy Co Ltd TPE:6873
73 GF Score
Price NT$79.00
GF Value NT$138.20
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is HD Renewable Energy Co Debt-to-EBITDA?

HD Renewable Energy Co TPE:6873 +1.67% 73 Debt-to-EBITDA is 12.63 as of Mar. 2026, which is 748% above its 10-year median of 1.49. GuruFocus rates TPE:6873 with a GF Score™ of 73/100 and a GF Value™ of NT$138.20 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,411 Construction companies, HD Renewable Energy Co ranks worse than 91.99% on this metric.

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

HD Renewable Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$7,460 Mil. HD Renewable Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$9,740 Mil. HD Renewable Energy Co's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$1,362 Mil. HD Renewable Energy Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 12.63.

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

TPE:6873' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.44   Med: 1.49   Max: 12.86
Current: 12.73

During the past 8 years, the highest Debt-to-EBITDA Ratio of HD Renewable Energy Co was 12.86. The lowest was 0.44. And the median was 1.49.

TPE:6873's Debt-to-EBITDA is ranked worse than
91.99% of 1411 companies
in the Construction industry
Industry Median: 2.13 vs TPE:6873: 12.73

HD Renewable Energy Co  (TPE:6873) 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.


HD Renewable Energy Co Debt-to-EBITDA Related Terms


HD Renewable Energy Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for HD Renewable Energy 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.

HD Renewable Energy Co Debt-to-EBITDA Chart

HD Renewable Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 1.85 0.69 3.57 2.41 12.86

HD Renewable Energy 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 8.72 13.44 18.07 6.39 12.63

TPE:6873 vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, HD Renewable Energy 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.


HD Renewable Energy Co Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, HD Renewable Energy Co's Debt-to-EBITDA distribution charts can be found below:

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


TPE:6873
73GF Score
HD Renewable Energy Co Ltd TPE:6873
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HD Renewable Energy Co Debt-to-EBITDA Calculation

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

HD Renewable Energy 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
=(6684.942 + 8794.275) / 1203.929
=12.86

HD Renewable Energy 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
=(7459.951 + 9739.78) / 1361.676
=12.63

* 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 12.63 mean?
HD Renewable Energy Co (TPE:6873) has a Debt-to-EBITDA of 12.63 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 HD Renewable Energy Co. This is 748% above median its historical median of 1.49. Over the past decade, HD Renewable Energy Co's Debt-to-EBITDA has ranged from 0.44 to 12.86. According to the industry distribution chart, HD Renewable Energy Co ranks #1298 out of 1411 companies in the Construction industry, placing it in the top 92%.
Is HD Renewable Energy Co's Debt-to-EBITDA too high?
HD Renewable Energy Co's current Debt-to-EBITDA of 12.63 is 748% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 12.86. The Construction industry median Debt-to-EBITDA is 2.13. HD Renewable Energy Co's value of 12.63 is 493% above this industry median. Based on the distribution chart, HD Renewable Energy Co ranks #1298 out of 1411 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, HD Renewable Energy Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, HD Renewable Energy Co ranks #1298 out of 1411 companies for Debt-to-EBITDA. This places HD Renewable Energy Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.13. HD Renewable Energy Co's value of 12.63 is 493% above this benchmark. Historically, HD Renewable Energy Co's own Debt-to-EBITDA has ranged from 0.44 to 12.86 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 2.13, HD Renewable Energy 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.13, based on 1,411 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. HD Renewable Energy Co's current Debt-to-EBITDA of 12.63 is 493% 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 HD Renewable Energy Co. For the Construction industry, the median Debt-to-EBITDA is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HD Renewable Energy Co's current Debt-to-EBITDA is 12.63, which is 748% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$138.20, compared to a current price of NT$79.00 — trading 42.8% below its estimated fair value. The current Debt-to-EBITDA is 12.63, which is 748% above median its 10-year median of 1.49 and 493% above the Construction industry median of 2.13. HD Renewable Energy Co's overall GF Score™ is 73/100 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 HD Renewable Energy Co (TPE:6873), the current Debt-to-EBITDA is 12.63 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?

Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued. The current stock price of NT$79.00 is trading 42.8% below its estimated GF Value™ of NT$138.20. GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.

Key valuation signals for TPE:6873:

  • Debt-to-EBITDA: 12.63 (748% above median its 10-year median of 1.49)
  • GF Value™: NT$138.20 vs. price of NT$79.00 (42.8% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 493% above the Construction median (#1298 of 1411)

No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HD Renewable Energy Co Business Description

Address No. 35, Dexing West Road, 5th Floor, Shilin District, Taipei, TWN, 111
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
73GF Score

Get the complete analysis for TPE:6873

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

NT$79.00
Price
NT$138.20
GF Value