Grupo Toky (BSP:TOKY3) Debt-to-Equity: 2.57 (As of Mar. 2026) — 656% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:TOKY3 Grupo Toky SA BSP:TOKY3
39 GF Score
Price R$0.26
GF Value R$12.52
Valuation Possible Value Trap
! 6 Warning Signs
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What is Grupo Toky Debt-to-Equity?

Grupo Toky BSP:TOKY3 +4.00% 39 Debt-to-Equity is 2.57 as of Mar. 2026, which is 656% above its 10-year median of 0.34. GuruFocus rates BSP:TOKY3 with a GF Score™ of 39/100 and a GF Value™ of R$12.52 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,023 Retail - Cyclical companies, Grupo Toky ranks worse than 89.83% on this metric.

Grupo Toky's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$190 Mil. Grupo Toky's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$802 Mil. Grupo Toky's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$386 Mil. Grupo Toky's debt to equity for the quarter that ended in Mar. 2026 was 2.57.

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 Grupo Toky's Debt-to-Equity or its related term are showing as below:

BSP:TOKY3' s Debt-to-Equity Range Over the Past 10 Years
Min: -13.92   Med: 0.34   Max: 10.55
Current: 2.57

During the past 9 years, the highest Debt-to-Equity Ratio of Grupo Toky was 10.55. The lowest was -13.92. And the median was 0.34.

BSP:TOKY3's Debt-to-Equity is ranked worse than
89.83% of 1023 companies
in the Retail - Cyclical industry
Industry Median: 0.57 vs BSP:TOKY3: 2.57

Grupo Toky  (BSP:TOKY3) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Grupo Toky Debt-to-Equity Related Terms


Grupo Toky Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Grupo Toky'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.

Grupo Toky Debt-to-Equity Chart

Grupo Toky Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.28 0.32 0.39 2.99 2.01

Grupo Toky Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 3.25 4.19 4.16 2.01 2.57

BSP:TOKY3 vs CASY, WSM, ULTA: Debt-to-Equity Comparison

For the Specialty Retail subindustry, Grupo Toky'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.


Grupo Toky Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Toky's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grupo Toky's Debt-to-Equity falls into.


BSP:TOKY3
39GF Score
Grupo Toky SA BSP:TOKY3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Toky Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupo Toky's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Grupo Toky's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.57 mean?
Grupo Toky (BSP:TOKY3) has a Debt-to-Equity of 2.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grupo Toky and its competitors. This is 656% above median its historical median of 0.34. According to the industry distribution chart, Grupo Toky ranks #919 out of 1023 companies in the Retail - Cyclical industry, placing it in the top 89.8%.
Is Grupo Toky's Debt-to-Equity too high?
Grupo Toky's current Debt-to-Equity of 2.57 is 656% above median its 10-year median of 0.34. The Retail - Cyclical industry median Debt-to-Equity is 0.57. Grupo Toky's value of 2.57 is 350.9% above this industry median. Based on the distribution chart, Grupo Toky ranks #919 out of 1023 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Grupo Toky has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grupo Toky's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Grupo Toky ranks #919 out of 1023 companies for Debt-to-Equity. This places Grupo Toky in the lower half of its industry. The industry median Debt-to-Equity is 0.57. Grupo Toky's value of 2.57 is 350.9% above this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.57, Grupo Toky 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-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.57, based on 1,023 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. Grupo Toky's current Debt-to-Equity of 2.57 is 350.9% 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-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 Grupo Toky and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Toky's current Debt-to-Equity is 2.57, which is 656% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Toky stock overvalued right now?
Based on GuruFocus' analysis, Grupo Toky (BSP:TOKY3) is currently considered Possible Value Trap. The stock's GF Value™ is R$12.52, compared to a current price of R$0.26 — trading 97.9% below its estimated fair value. The current Debt-to-Equity is 2.57, which is 656% above median its 10-year median of 0.34 and 350.9% above the Retail - Cyclical industry median of 0.57. Grupo Toky's overall GF Score™ is 39/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Grupo Toky (BSP:TOKY3), the current Debt-to-Equity is 2.57 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 Grupo Toky (BSP:TOKY3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Toky stock appears to be undervalued. The current stock price of R$0.26 is trading 97.9% below its estimated GF Value™ of R$12.52. GuruFocus considers Grupo Toky to be Possible Value Trap.

Key valuation signals for BSP:TOKY3:

  • Debt-to-Equity: 2.57 (656% above median its 10-year median of 0.34)
  • GF Value™: R$12.52 vs. price of R$0.26 (97.9% below fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 350.9% above the Retail - Cyclical median (#919 of 1023)

No single metric tells the full story. See the BSP:TOKY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Toky Business Description

Address 16.737, Avenue Das Nacoes Unidas, Room 3, Varzea de Baixo, Sao Paulo, SP, BRA, 04730-090
Grupo Toky SA is engaged in the operation of an online furniture and decoration store. The store offers sofas, wardrobes, office chairs, racks and panels, sofa beds, dinner tables and chairs, bed sheets, blankets, comforters, towels, bathrobes, curtains, decorative mirrors, kitchen appliances, bath accessories, lighting products, and housewares. The Group sells mainly through its categories: Furniture, Children's, Household Utilities, Garden and Leisure, Renovation and Garage, Electronics, and Others. Its brands are Mobly, Guldi, and Tok&Stok.
39GF Score

Get the complete analysis for BSP:TOKY3

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

R$0.26
Price
R$12.52
GF Value