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Daqo New EnergyDQ -1.88%66 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates DQ with a GF Score™ of 66/100 and a GF Value™ of $9.92 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 910 Semiconductors companies, Daqo New Energy ranks better than 92.2% 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 Daqo New Energy's Debt-to-Equity or its related term are showing as below:
DQ'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.51 Max: 0.96
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Daqo New Energy was 0.96. The lowest was 0.00. And the median was 0.51.
DQ's Debt-to-Equity is ranked better than 92.2% of 910
companies
in the Semiconductors industry
Industry Median: 0.255
vs DQ: 0.02
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.
Daqo New Energy Debt-to-Equity Related Terms
Daqo New Energy Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Daqo New Energy'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 Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.
Daqo New Energy Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Daqo New Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Daqo New Energy'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.
Daqo New Energy (DQ) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Daqo New Energy and its competitors. According to the industry distribution chart, Daqo New Energy ranks #71 out of 910 companies in the Semiconductors industry, placing it in the top 7.8%.
Is Daqo New Energy's Debt-to-Equity too high?
Daqo New Energy's current Debt-to-Equity is 0.00. Based on the distribution chart, Daqo New Energy ranks #71 out of 910 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Daqo New Energy has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daqo New Energy's Debt-to-Equity compare to ASYS and ATOM?
According to the Semiconductors industry distribution chart, Daqo New Energy ranks #71 out of 910 companies for Debt-to-Equity. This places Daqo New Energy in the top 8% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.26. 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 910 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. 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 Daqo New Energy and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daqo New Energy's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daqo New Energy stock overvalued right now?
Based on GuruFocus' analysis, Daqo New Energy (DQ) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.92, compared to a current price of $14.64 — trading 47.6% above its estimated fair value. The current Debt-to-Equity is 0.00. Daqo New Energy's overall GF Score™ is 66/100 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 Daqo New Energy (DQ), the current Debt-to-Equity is 0.00 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 Daqo New Energy (DQ) Overvalued in 2026?
Based on GuruFocus' analysis, Daqo New Energy stock appears to be overvalued.
The current stock price of $14.64 is trading 47.6% above its estimated GF Value™ of $9.92.
GuruFocus considers Daqo New Energy to be Significantly Overvalued.
Key valuation signals for DQ:
Debt-to-Equity: 0.00
GF Value™: $9.92 vs. price of $14.64 (47.6% above fair value)
No single metric tells the full story. See the DQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The polysilicon is packaged to meet crucible stacking, pulling, and solidification needs. All of the company's revenues come from the People's Republic of China.
66GF Score
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