Great Taipei Gas (TPE:9908) Debt-to-EBITDA : 0.02 (As of Mar. 2026) — 100% Above Median

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TPE:9908 Great Taipei Gas Corp TPE:9908
89 GF Score
Price NT$29.15
GF Value NT$31.36
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Great Taipei Gas Debt-to-EBITDA?

Great Taipei Gas TPE:9908 +0.52% 89 Debt-to-EBITDA is 0.02 as of Mar. 2026, which is 100% above its 10-year median of 0.01. GuruFocus rates TPE:9908 with a GF Score™ of 89/100 and a GF Value™ of NT$31.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 449 Utilities - Regulated companies, Great Taipei Gas ranks better than 99.78% on this metric.

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

Great Taipei Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$7 Mil. Great Taipei Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$14 Mil. Great Taipei Gas's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$1,263 Mil. Great Taipei Gas's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.02.

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 Great Taipei Gas's Debt-to-EBITDA or its related term are showing as below:

TPE:9908' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Great Taipei Gas was 0.01. The lowest was 0.00. And the median was 0.01.

TPE:9908's Debt-to-EBITDA is ranked better than
99.78% of 449 companies
in the Utilities - Regulated industry
Industry Median: 4.04 vs TPE:9908: 0.01

Great Taipei Gas  (TPE:9908) 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.


Great Taipei Gas Debt-to-EBITDA Related Terms


Great Taipei Gas Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Great Taipei Gas'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.

Great Taipei Gas Debt-to-EBITDA Chart

Great Taipei Gas 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 0.00 0.00 0.01 0.00 0.01

Great Taipei Gas 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 0.00 0.07 0.00 0.01 0.02

TPE:9908 vs ATO, NI, UGI: Debt-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.


Great Taipei Gas Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Great Taipei Gas's Debt-to-EBITDA falls into.


TPE:9908
89GF Score
Great Taipei Gas Corp TPE:9908
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Taipei Gas Debt-to-EBITDA Calculation

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

Great Taipei Gas'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
=(3.81 + 5.424) / 1505.833
=0.01

Great Taipei Gas'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
=(7.429 + 13.637) / 1263.164
=0.02

* 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 0.02 mean?
Great Taipei Gas (TPE:9908) has a Debt-to-EBITDA of 0.02 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 Great Taipei Gas. This is 100% above median its historical median of 0.01. According to the industry distribution chart, Great Taipei Gas ranks #1 out of 449 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Great Taipei Gas' Debt-to-EBITDA too high?
Great Taipei Gas' current Debt-to-EBITDA of 0.02 is 100% above median its 10-year median of 0.01. The Utilities - Regulated industry median Debt-to-EBITDA is 4.04. Great Taipei Gas' value of 0.02 is 99.5% below this industry median. Based on the distribution chart, Great Taipei Gas ranks #1 out of 449 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Great Taipei Gas has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Great Taipei Gas ranks #1 out of 449 companies for Debt-to-EBITDA. This places Great Taipei Gas in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.04. Great Taipei Gas' value of 0.02 is 99.5% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 4.04, Great Taipei Gas 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.04, based on 449 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. Great Taipei Gas's current Debt-to-EBITDA of 0.02 is 99.5% 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 Great Taipei Gas. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Taipei Gas's current Debt-to-EBITDA is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.36, compared to a current price of NT$29.15 — trading 7% below its estimated fair value. The current Debt-to-EBITDA is 0.02, which is 100% above median its 10-year median of 0.01 and 99.5% below the Utilities - Regulated industry median of 4.04. Great Taipei Gas' overall GF Score™ is 89/100 with 4 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 Great Taipei Gas (TPE:9908), the current Debt-to-EBITDA is 0.02 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued. The current stock price of NT$29.15 is trading 7% below its estimated GF Value™ of NT$31.36. GuruFocus considers Great Taipei Gas to be Fairly Valued.

Key valuation signals for TPE:9908:

  • Debt-to-EBITDA: 0.02 (100% above median its 10-year median of 0.01)
  • GF Value™: NT$31.36 vs. price of NT$29.15 (7% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 99.5% below the Utilities - Regulated median (#1 of 449)

No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Taipei Gas Business Description

Address No. 35, Lane 11, Guangfu North Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
89GF Score

Get the complete analysis for TPE:9908

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

NT$29.15
Price
NT$31.36
GF Value