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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 Shin Shin Natural Gas Co's Debt-to-EBITDA or its related term are showing as below:
TPE:9918'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.53
Current: 0.08
During the past 13 years, the highest Debt-to-EBITDA Ratio of Shin Shin Natural Gas Co was 0.53. The lowest was 0.02. And the median was 0.06.
TPE:9918's Debt-to-EBITDA is ranked better than 95.98% of 448
companies
in the Utilities - Regulated industry
Industry Median: 4.005
vs TPE:9918: 0.08
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.
Shin Shin Natural Gas Co Debt-to-EBITDA Related Terms
Shin Shin Natural Gas Co Debt-to-EBITDA Historical Data
* 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:9918 vs ATO, NI, UGI: Debt-to-EBITDA Comparison
For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co (TPE:9918) has a Debt-to-EBITDA of 0.06 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 Shin Shin Natural Gas Co. This is near median its historical median of 0.06. Over the past decade, Shin Shin Natural Gas Co's Debt-to-EBITDA has ranged from 0.02 to 0.53. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #18 out of 448 companies in the Utilities - Regulated industry, placing it in the top 4%.
Is Shin Shin Natural Gas Co's Debt-to-EBITDA too high?
Shin Shin Natural Gas Co's current Debt-to-EBITDA of 0.06 is near median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.53. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Shin Shin Natural Gas Co's value of 0.06 is 98.5% below this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #18 out of 448 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Natural Gas Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #18 out of 448 companies for Debt-to-EBITDA. This places Shin Shin Natural Gas Co in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 4.01. Shin Shin Natural Gas Co's value of 0.06 is 98.5% below this benchmark. Historically, Shin Shin Natural Gas Co's own Debt-to-EBITDA has ranged from 0.02 to 0.53 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 4.01, Shin Shin Natural Gas 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 448 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. Shin Shin Natural Gas Co's current Debt-to-EBITDA of 0.06 is 98.5% 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 Shin Shin Natural Gas Co. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Debt-to-EBITDA is 0.06, which is near median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$41.26, compared to a current price of NT$42.80 — trading 3.7% above its estimated fair value. The current Debt-to-EBITDA is 0.06, which is near median its 10-year median of 0.06 and 98.5% below the Utilities - Regulated industry median of 4.01. Shin Shin Natural Gas Co's overall GF Score™ is 78/100 with 3 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 Shin Shin Natural Gas Co (TPE:9918), the current Debt-to-EBITDA is 0.06 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued.
The current stock price of NT$42.80 is trading 3.7% above its estimated GF Value™ of NT$41.26.
GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.
Key valuation signals for TPE:9918:
Debt-to-EBITDA: 0.06 (near median its 10-year median of 0.06)
GF Value™: NT$41.26 vs. price of NT$42.80 (3.7% above fair value)
Industry Position: 98.5% below the Utilities - Regulated median (#18 of 448)
No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
78GF Score
Get the complete analysis for TPE:9918
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