TPHIF (Top Frontier Investment Holdings) Debt-to-EBITDA : 6.59 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPHIF Top Frontier Investment Holdings Inc TPHIF
73 GF Score
Price $0.94
GF Value $1.14
! 5 Warning Signs
View Full Analysis

What is Top Frontier Investment Holdings Debt-to-EBITDA?

Top Frontier Investment Holdings TPHIF 73 Debt-to-EBITDA is 6.59 as of Mar. 2026, which is 2% above its 10-year median of 6.49. GuruFocus rates TPHIF with a GF Score™ of 73/100 and a GF Value™ of $1.14. The stock has 5 warning signs investors should review. Among 460 Conglomerates companies, Top Frontier Investment Holdings ranks worse than 79.78% on this metric.

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

Top Frontier Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $7,673 Mil. Top Frontier Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $20,040 Mil. Top Frontier Investment Holdings's annualized EBITDA for the quarter that ended in Mar. 2026 was $4,208 Mil. Top Frontier Investment Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.59.

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 Frontier Investment Holdings's Debt-to-EBITDA or its related term are showing as below:

TPHIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.98   Med: 6.49   Max: 9.58
Current: 6.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Top Frontier Investment Holdings was 9.58. The lowest was 4.98. And the median was 6.49.

TPHIF's Debt-to-EBITDA is ranked worse than
79.78% of 460 companies
in the Conglomerates industry
Industry Median: 2.755 vs TPHIF: 6.48

Top Frontier Investment Holdings  (OTCPK:TPHIF) 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.


Top Frontier Investment Holdings Debt-to-EBITDA Related Terms


Top Frontier Investment Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Top Frontier Investment Holdings'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.

Top Frontier Investment Holdings Debt-to-EBITDA Chart

Top Frontier Investment Holdings 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 7.25 9.58 6.81 7.48 5.70

Top Frontier Investment Holdings 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 4.17 6.87 5.02 6.62 6.59

TPHIF vs HON, MMM: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Top Frontier Investment Holdings'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 Frontier Investment Holdings Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Top Frontier Investment Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Top Frontier Investment Holdings's Debt-to-EBITDA falls into.


TPHIF
73GF Score
Top Frontier Investment Holdings Inc TPHIF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Frontier Investment Holdings Debt-to-EBITDA Calculation

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

Top Frontier Investment Holdings'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
=(6810.118 + 19616.87) / 4640.787
=5.69

Top Frontier Investment Holdings'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
=(7672.813 + 20040.478) / 4208.012
=6.59

* 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 6.59 mean?
Top Frontier Investment Holdings (TPHIF) has a Debt-to-EBITDA of 6.59 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 Frontier Investment Holdings. This is near median its historical median of 6.49. Over the past decade, Top Frontier Investment Holdings' Debt-to-EBITDA has ranged from 4.98 to 9.58. According to the industry distribution chart, Top Frontier Investment Holdings ranks #367 out of 460 companies in the Conglomerates industry, placing it in the top 79.8%.
Is Top Frontier Investment Holdings' Debt-to-EBITDA too high?
Top Frontier Investment Holdings' current Debt-to-EBITDA of 6.59 is near median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 4.98 to a high of 9.58. The Conglomerates industry median Debt-to-EBITDA is 2.76. Top Frontier Investment Holdings' value of 6.59 is 139.2% above this industry median. Based on the distribution chart, Top Frontier Investment Holdings ranks #367 out of 460 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Top Frontier Investment Holdings has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Top Frontier Investment Holdings' Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, Top Frontier Investment Holdings ranks #367 out of 460 companies for Debt-to-EBITDA. This places Top Frontier Investment Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.76. Top Frontier Investment Holdings' value of 6.59 is 139.2% above this benchmark. Historically, Top Frontier Investment Holdings' own Debt-to-EBITDA has ranged from 4.98 to 9.58 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 2.76, Top Frontier Investment Holdings 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.76, based on 460 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 Frontier Investment Holdings's current Debt-to-EBITDA of 6.59 is 139.2% 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 Frontier Investment Holdings. For the Conglomerates industry, the median Debt-to-EBITDA is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Frontier Investment Holdings's current Debt-to-EBITDA is 6.59, which is near median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Frontier Investment Holdings stock overvalued right now?
Top Frontier Investment Holdings (TPHIF) has a current Debt-to-EBITDA of 6.59. The stock's GF Value™ is $1.14, compared to a current price of $0.94 — trading 18% below its estimated fair value. The current Debt-to-EBITDA is 6.59, which is near median its 10-year median of 6.49 and 139.2% above the Conglomerates industry median of 2.76. Top Frontier Investment Holdings' overall GF Score™ is 73/100 with 5 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 Frontier Investment Holdings (TPHIF), the current Debt-to-EBITDA is 6.59 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 Frontier Investment Holdings (TPHIF) Overvalued in 2026?

Based on GuruFocus' analysis, Top Frontier Investment Holdings stock appears to be undervalued. The current stock price of $0.94 is trading 18% below its estimated GF Value™ of $1.14.

Key valuation signals for TPHIF:

  • Debt-to-EBITDA: 6.59 (near median its 10-year median of 6.49)
  • GF Value™: $1.14 vs. price of $0.94 (18% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 139.2% above the Conglomerates median (#367 of 460)

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


Top Frontier Investment Holdings Business Description

Other Exchanges TFHI:Philippines
Address No. 399 Sen. Gil J. Puyat Avenue, 5th Floor, ENZO Building, Makati City, PHL, 1200
Top Frontier Investment Holdings Inc is an investment holding company engaged in the processing and marketing of branded refrigerated processed meats and canned meat products. The Company operates through segments including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, real estate, mining, and others. It derives a key revenue from the energy segment, which focuses on the sale, retail, and distribution of power through various supply and service agreements to generators, distribution utilities, including Manila Electric Company (Meralco), electric cooperatives, industrial customers, and the National Grid Corporation of the Philippines (NGCP), as well as through the Philippine Wholesale Electricity Spot Market (WESM).
73GF Score

Get the complete analysis for TPHIF

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

$0.94
Price
$1.14
GF Value