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Ztest ElectronicsZTSTF -16.67%45 Debt-to-EBITDA is 0.42 as of Mar. 2026, which is 200% above its 10-year median of 0.14. GuruFocus rates ZTSTF with a GF Score™ of 45/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,794 Hardware companies, Ztest Electronics ranks better than 76.42% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Ztest Electronics's Debt-to-EBITDA or its related term are showing as below:
ZTSTF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.57 Med: 0.14 Max: 47.45
Current: 0.48
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ztest Electronics was 47.45. The lowest was -0.57. And the median was 0.14.
ZTSTF's Debt-to-EBITDA is ranked better than 76.42% of 1794
companies
in the Hardware industry
Industry Median: 1.71
vs ZTSTF: 0.48
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.
Ztest Electronics Debt-to-EBITDA Related Terms
Ztest Electronics Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ztest Electronics'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.
For the Electronic Components subindustry, Ztest Electronics'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.
Ztest Electronics Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Ztest Electronics's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ztest Electronics'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.
Ztest Electronics (ZTSTF) has a Debt-to-EBITDA of 0.42 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 Ztest Electronics. This is 200% above median its historical median of 0.14. According to the industry distribution chart, Ztest Electronics ranks #423 out of 1794 companies in the Hardware industry, placing it in the top 23.6%.
Is Ztest Electronics' Debt-to-EBITDA too high?
Ztest Electronics' current Debt-to-EBITDA of 0.42 is 200% above median its 10-year median of 0.14. The Hardware industry median Debt-to-EBITDA is 1.71. Ztest Electronics' value of 0.42 is 75.4% below this industry median. Based on the distribution chart, Ztest Electronics ranks #423 out of 1794 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ztest Electronics has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ztest Electronics' Debt-to-EBITDA compare to APH and GLW?
According to the Hardware industry distribution chart, Ztest Electronics ranks #423 out of 1794 companies for Debt-to-EBITDA. This places Ztest Electronics in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.71. Ztest Electronics' value of 0.42 is 75.4% below this benchmark. While the company's 10-year median is 0.14 vs. the industry median of 1.71, Ztest Electronics 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 Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,794 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. Ztest Electronics's current Debt-to-EBITDA of 0.42 is 75.4% 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 Ztest Electronics. 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. Ztest Electronics's current Debt-to-EBITDA is 0.42, which is 200% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ztest Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ztest Electronics (ZTSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.25 — trading 78.6% above its estimated fair value. The current Debt-to-EBITDA is 0.42, which is 200% above median its 10-year median of 0.14 and 75.4% below the Hardware industry median of 1.71. Ztest Electronics' overall GF Score™ is 45/100 with 7 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 Ztest Electronics (ZTSTF), the current Debt-to-EBITDA is 0.42 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 Ztest Electronics (ZTSTF) Overvalued in 2026?
Based on GuruFocus' analysis, Ztest Electronics stock appears to be overvalued.
The current stock price of $0.25 is trading 78.6% above its estimated GF Value™ of $0.14.
GuruFocus considers Ztest Electronics to be Significantly Overvalued.
Key valuation signals for ZTSTF:
Debt-to-EBITDA: 0.42 (200% above median its 10-year median of 0.14)
GF Value™: $0.14 vs. price of $0.25 (78.6% above fair value)
Industry Position: 75.4% below the Hardware median (#423 of 1794)
No single metric tells the full story. See the ZTSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ztest Electronics Inc is a Canada-based company. It is involved in the designing, developing, and assembling printed circuit boards and other electronic equipment. Geographically, the company operates only in Canada.
45GF 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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