San Far Property (TPE:9946) Debt-to-EBITDA : 1.86 (As of Mar. 2026) — 89% Below Median

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TPE:9946 San Far Property Ltd TPE:9946
40 GF Score
Price NT$18.20
! 6 Warning Signs
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What is San Far Property Debt-to-EBITDA?

San Far Property TPE:9946 +1.39% 40 Debt-to-EBITDA is 1.86 as of Mar. 2026, which is 89% below its 10-year median of 16.43. GuruFocus rates TPE:9946 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 1,277 Real Estate companies, San Far Property ranks worse than 61.32% on this metric.

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

San Far Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$4,874 Mil. San Far Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$3,193 Mil. San Far Property's annualized EBITDA for the quarter that ended in Mar. 2026 was NT$4,337 Mil. San Far Property's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.86.

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 San Far Property's Debt-to-EBITDA or its related term are showing as below:

TPE:9946' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.75   Med: 16.43   Max: 58.27
Current: 7.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of San Far Property was 58.27. The lowest was 2.75. And the median was 16.43.

TPE:9946's Debt-to-EBITDA is ranked worse than
61.32% of 1277 companies
in the Real Estate industry
Industry Median: 5.54 vs TPE:9946: 7.51

San Far Property  (TPE:9946) 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.


San Far Property Debt-to-EBITDA Related Terms


San Far Property Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for San Far Property'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.

San Far Property Debt-to-EBITDA Chart

San Far Property 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 32.93 42.87 58.27 16.53 N/A

San Far Property 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 -279.87 -140.88 327.66 N/A 1.86

San Far Property Debt-to-EBITDA Competitor Comparison

For the Real Estate - Diversified subindustry, San Far Property'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.


San Far Property Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, San Far Property's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where San Far Property's Debt-to-EBITDA falls into.


TPE:9946
40GF Score
San Far Property Ltd TPE:9946
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Far Property Debt-to-EBITDA Calculation

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

San Far Property'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
=(4208.61 + 4193.319) / N/A
=N/A

San Far Property'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
=(4873.578 + 3193.078) / 4337.244
=1.86

* 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 1.86 mean?
San Far Property (TPE:9946) has a Debt-to-EBITDA of 1.86 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 San Far Property. This is 89% below median its historical median of 16.43. Over the past decade, San Far Property's Debt-to-EBITDA has ranged from 2.75 to 58.27. According to the industry distribution chart, San Far Property ranks #783 out of 1277 companies in the Real Estate industry, placing it in the top 61.3%.
Is San Far Property's Debt-to-EBITDA too high?
San Far Property's current Debt-to-EBITDA of 1.86 is 89% below median its 10-year median of 16.43. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 58.27. The Real Estate industry median Debt-to-EBITDA is 5.54. San Far Property's value of 1.86 is 66.4% below this industry median. Based on the distribution chart, San Far Property ranks #783 out of 1277 companies in the Real Estate industry, which is below the industry midpoint. Overall, San Far Property has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does San Far Property's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, San Far Property ranks #783 out of 1277 companies for Debt-to-EBITDA. This places San Far Property in the lower half of its industry. The industry median Debt-to-EBITDA is 5.54. San Far Property's value of 1.86 is 66.4% below this benchmark. Historically, San Far Property's own Debt-to-EBITDA has ranged from 2.75 to 58.27 over the past decade. While the company's 10-year median is 16.43 vs. the industry median of 5.54, San Far Property 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.54, based on 1,277 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. San Far Property's current Debt-to-EBITDA of 1.86 is 66.4% 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 San Far Property. For the Real Estate industry, the median Debt-to-EBITDA is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Far Property's current Debt-to-EBITDA is 1.86, which is 89% below median its own 10-year median of 16.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Far Property stock overvalued right now?
San Far Property (TPE:9946) has a current Debt-to-EBITDA of 1.86. The current Debt-to-EBITDA is 1.86, which is 89% below median its 10-year median of 16.43 and 66.4% below the Real Estate industry median of 5.54. San Far Property's overall GF Score™ is 40/100 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 San Far Property (TPE:9946), the current Debt-to-EBITDA is 1.86 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.

San Far Property Business Description

Address No. 30, Section 3, Bode Road, 12th Floor, Songshan District, Taipei, TWN
San Far Property Ltd is a Taiwan-based real estate company. The main activities of the company include residential and building development, leasing and sales, and real estate leasing.
40GF Score

Get the complete analysis for TPE:9946

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

NT$18.20
Price