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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 Top Bright Holding Co's Debt-to-EBITDA or its related term are showing as below:
TPE:8499'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08 Med: 0.3 Max: 2.15
Current: 2.15
During the past 13 years, the highest Debt-to-EBITDA Ratio of Top Bright Holding Co was 2.15. The lowest was 0.08. And the median was 0.30.
TPE:8499's Debt-to-EBITDA is ranked worse than 55.7% of 1790
companies
in the Hardware industry
Industry Median: 1.71
vs TPE:8499: 2.15
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.
Top Bright Holding Co Debt-to-EBITDA Related Terms
Top Bright Holding Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Top Bright Holding 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.
TPE:8499 vs APH, GLW, TEL: Debt-to-EBITDA Comparison
For the Electronic Components subindustry, Top Bright Holding 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.
Top Bright Holding Co Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Top Bright Holding Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Top Bright Holding Co's Debt-to-EBITDA falls into.
* 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.
Top Bright Holding Co (TPE:8499) has a Debt-to-EBITDA of 1.90 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 Top Bright Holding Co. This is 533% above median its historical median of 0.30. Over the past decade, Top Bright Holding Co's Debt-to-EBITDA has ranged from 0.08 to 2.15. According to the industry distribution chart, Top Bright Holding Co ranks #997 out of 1790 companies in the Hardware industry, placing it in the top 55.7%.
Is Top Bright Holding Co's Debt-to-EBITDA too high?
Top Bright Holding Co's current Debt-to-EBITDA of 1.90 is 533% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.15. The Hardware industry median Debt-to-EBITDA is 1.71. Top Bright Holding Co's value of 1.90 is 11.1% above this industry median. Based on the distribution chart, Top Bright Holding Co ranks #997 out of 1790 companies in the Hardware industry, which is below the industry midpoint. Overall, Top Bright Holding Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Top Bright Holding Co ranks #997 out of 1790 companies for Debt-to-EBITDA. This places Top Bright Holding Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.71. Top Bright Holding Co's value of 1.90 is 11.1% above this benchmark. Historically, Top Bright Holding Co's own Debt-to-EBITDA has ranged from 0.08 to 2.15 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.71, Top Bright Holding 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 1.71, based on 1,790 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. Top Bright Holding Co's current Debt-to-EBITDA of 1.90 is 11.1% 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 Top Bright Holding Co. 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. Top Bright Holding Co's current Debt-to-EBITDA is 1.90, which is 533% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Fairly Valued. The stock's GF Value™ is NT$252.02, compared to a current price of NT$265.00 — trading 5.2% above its estimated fair value. The current Debt-to-EBITDA is 1.90, which is 533% above median its 10-year median of 0.30 and 11.1% above the Hardware industry median of 1.71. Top Bright Holding Co's overall GF Score™ is 91/100 with 6 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 Top Bright Holding Co (TPE:8499), the current Debt-to-EBITDA is 1.90 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 Top Bright Holding Co (TPE:8499) Overvalued in 2026?
Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be overvalued.
The current stock price of NT$265.00 is trading 5.2% above its estimated GF Value™ of NT$252.02.
GuruFocus considers Top Bright Holding Co to be Fairly Valued.
Key valuation signals for TPE:8499:
Debt-to-EBITDA: 1.90 (533% above median its 10-year median of 0.30)
GF Value™: NT$252.02 vs. price of NT$265.00 (5.2% above fair value)
Industry Position: 11.1% above the Hardware median (#997 of 1790)
No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
91GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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