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Chugoku Marine PaintsCUGKF 82 Debt-to-Equity is 0.18 as of Mar. 2026, which is 47% below its 10-year median of 0.34. GuruFocus rates CUGKF with a GF Score™ of 82/100 and a GF Value™ of $19.74. The stock has 1 warning sign investors should review. Among 1,417 Chemicals companies, Chugoku Marine Paints ranks better than 67.96% 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 Chugoku Marine Paints's Debt-to-Equity or its related term are showing as below:
CUGKF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.34 Max: 0.41
Current: 0.18
During the past 13 years, the highest Debt-to-Equity Ratio of Chugoku Marine Paints was 0.41. The lowest was 0.18. And the median was 0.34.
CUGKF's Debt-to-Equity is ranked better than 67.96% of 1417
companies
in the Chemicals industry
Industry Median: 0.37
vs CUGKF: 0.18
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.
Chugoku Marine Paints Debt-to-Equity Related Terms
Chugoku Marine Paints Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Chugoku Marine Paints'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.
For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.
Chugoku Marine Paints Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chugoku Marine Paints's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Chugoku Marine Paints'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.
Chugoku Marine Paints (CUGKF) has a Debt-to-Equity of 0.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Chugoku Marine Paints and its competitors. This is 47% below median its historical median of 0.34. Over the past decade, Chugoku Marine Paints' Debt-to-Equity has ranged from 0.18 to 0.41. According to the industry distribution chart, Chugoku Marine Paints ranks #454 out of 1417 companies in the Chemicals industry, placing it in the top 32%.
Is Chugoku Marine Paints' Debt-to-Equity too high?
Chugoku Marine Paints' current Debt-to-Equity of 0.18 is 47% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.41. The Chemicals industry median Debt-to-Equity is 0.37. Chugoku Marine Paints' value of 0.18 is 51.4% below this industry median. Based on the distribution chart, Chugoku Marine Paints ranks #454 out of 1417 companies in the Chemicals industry, which is above the industry midpoint. Overall, Chugoku Marine Paints has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chugoku Marine Paints ranks #454 out of 1417 companies for Debt-to-Equity. This puts Chugoku Marine Paints in the upper half of its industry. The industry median Debt-to-Equity is 0.37. Chugoku Marine Paints' value of 0.18 is 51.4% below this benchmark. Historically, Chugoku Marine Paints' own Debt-to-Equity has ranged from 0.18 to 0.41 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.37, Chugoku Marine Paints 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.37, based on 1,417 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. Chugoku Marine Paints's current Debt-to-Equity of 0.18 is 51.4% 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-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 Chugoku Marine Paints and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugoku Marine Paints's current Debt-to-Equity is 0.18, which is 47% below 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 Chugoku Marine Paints stock overvalued right now?
Chugoku Marine Paints (CUGKF) has a current Debt-to-Equity of 0.18. The stock's GF Value™ is $19.74, compared to a current price of $28.53 — trading 44.5% above its estimated fair value. The current Debt-to-Equity is 0.18, which is 47% below median its 10-year median of 0.34 and 51.4% below the Chemicals industry median of 0.37. Chugoku Marine Paints' overall GF Score™ is 82/100 with 1 warning sign 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 Chugoku Marine Paints (CUGKF), the current Debt-to-Equity is 0.18 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 Chugoku Marine Paints (CUGKF) Overvalued in 2026?
Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued.
The current stock price of $28.53 is trading 44.5% above its estimated GF Value™ of $19.74.
Key valuation signals for CUGKF:
Debt-to-Equity: 0.18 (47% below median its 10-year median of 0.34)
GF Value™: $19.74 vs. price of $28.53 (44.5% above fair value)
Industry Position: 51.4% below the Chemicals median (#454 of 1417)
No single metric tells the full story. See the CUGKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
82GF Score
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