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Nforce Secure PCLBKK:SECURE-R -0.59%79 Debt-to-Equity is 0.05 as of Jun. 2026, which is 67% above its 10-year median of 0.03. GuruFocus rates BKK:SECURE-R with a GF Score™ of 79/100 and a GF Value™ of ฿12.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,233 Hardware companies, Nforce Secure PCL ranks better than 82.85% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Nforce Secure PCL's Debt-to-Equity or its related term are showing as below:
BKK:SECURE-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.33
Current: 0.05
During the past 6 years, the highest Debt-to-Equity Ratio of Nforce Secure PCL was 0.33. The lowest was 0.02. And the median was 0.03.
BKK:SECURE-R's Debt-to-Equity is ranked better than 82.85% of 2233
companies
in the Hardware industry
Industry Median: 0.28
vs BKK:SECURE-R: 0.05
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Nforce Secure PCL Debt-to-Equity Related Terms
Nforce Secure PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nforce Secure PCL's Debt-to-Equity 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.
BKK:SECURE-R vs SNX, ARW, AVT: Debt-to-Equity Comparison
For the Electronics & Computer Distribution subindustry, Nforce Secure PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Nforce Secure PCL Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nforce Secure PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nforce Secure PCL's Debt-to-Equity 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.
Nforce Secure PCL (BKK:SECURE-R) has a Debt-to-Equity of 0.05 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nforce Secure PCL and its competitors. This is 67% above median its historical median of 0.03. Over the past decade, Nforce Secure PCL's Debt-to-Equity has ranged from 0.02 to 0.33. According to the industry distribution chart, Nforce Secure PCL ranks #383 out of 2233 companies in the Hardware industry, placing it in the top 17.2%.
Is Nforce Secure PCL's Debt-to-Equity too high?
Nforce Secure PCL's current Debt-to-Equity of 0.05 is 67% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.33. The Hardware industry median Debt-to-Equity is 0.28. Nforce Secure PCL's value of 0.05 is 82.1% below this industry median. Based on the distribution chart, Nforce Secure PCL ranks #383 out of 2233 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nforce Secure PCL has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Debt-to-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Nforce Secure PCL ranks #383 out of 2233 companies for Debt-to-Equity. This places Nforce Secure PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Nforce Secure PCL's value of 0.05 is 82.1% below this benchmark. Historically, Nforce Secure PCL's own Debt-to-Equity has ranged from 0.02 to 0.33 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.28, Nforce Secure PCL 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-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,233 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nforce Secure PCL's current Debt-to-Equity of 0.05 is 82.1% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nforce Secure PCL and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nforce Secure PCL's current Debt-to-Equity is 0.05, which is 67% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿12.26, compared to a current price of ฿12.33 — trading 0.6% above its estimated fair value. The current Debt-to-Equity is 0.05, which is 67% above median its 10-year median of 0.03 and 82.1% below the Hardware industry median of 0.28. Nforce Secure PCL's overall GF Score™ is 79/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nforce Secure PCL (BKK:SECURE-R), the current Debt-to-Equity is 0.05 as of Jun. 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 Nforce Secure PCL (BKK:SECURE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be overvalued.
The current stock price of ฿12.33 is trading 0.6% above its estimated GF Value™ of ฿12.26.
GuruFocus considers Nforce Secure PCL to be Fairly Valued.
Key valuation signals for BKK:SECURE-R:
Debt-to-Equity: 0.05 (67% above median its 10-year median of 0.03)
GF Value™: ฿12.26 vs. price of ฿12.33 (0.6% above fair value)
Industry Position: 82.1% below the Hardware median (#383 of 2233)
No single metric tells the full story. See the BKK:SECURE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
79GF Score
Get the complete analysis for BKK:SECURE-R
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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