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Daiwa Securities GroupDSECF -0.97%75 Debt-to-Equity is 3.26 as of Mar. 2026, which is 5% below its 10-year median of 3.42. GuruFocus rates DSECF with a GF Score™ of 75/100 and a GF Value™ of $8.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 610 Capital Markets companies, Daiwa Securities Group ranks worse than 94.26% 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 Daiwa Securities Group's Debt-to-Equity or its related term are showing as below:
DSECF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.86 Med: 3.42 Max: 3.99
Current: 3.26
During the past 13 years, the highest Debt-to-Equity Ratio of Daiwa Securities Group was 3.99. The lowest was 2.86. And the median was 3.42.
DSECF's Debt-to-Equity is ranked worse than 94.26% of 610
companies
in the Capital Markets industry
Industry Median: 0.31
vs DSECF: 3.26
Daiwa Securities Group (OTCPK:DSECF) Debt-to-Equity Explanation
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.
Daiwa Securities Group Debt-to-Equity Related Terms
Daiwa Securities Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Daiwa Securities Group'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 Capital Markets subindustry, Daiwa Securities Group'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.
Daiwa Securities Group Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Daiwa Securities Group'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.
Daiwa Securities Group (DSECF) has a Debt-to-Equity of 3.26 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Daiwa Securities Group and its competitors. This is near median its historical median of 3.42. Over the past decade, Daiwa Securities Group's Debt-to-Equity has ranged from 2.86 to 3.99. According to the industry distribution chart, Daiwa Securities Group ranks #575 out of 610 companies in the Capital Markets industry, placing it in the top 94.3%.
Is Daiwa Securities Group's Debt-to-Equity too high?
Daiwa Securities Group's current Debt-to-Equity of 3.26 is near median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 3.99. The Capital Markets industry median Debt-to-Equity is 0.31. Daiwa Securities Group's value of 3.26 is 951.6% above this industry median. Based on the distribution chart, Daiwa Securities Group ranks #575 out of 610 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Daiwa Securities Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa Securities Group's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Daiwa Securities Group ranks #575 out of 610 companies for Debt-to-Equity. This places Daiwa Securities Group in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Daiwa Securities Group's value of 3.26 is 951.6% above this benchmark. Historically, Daiwa Securities Group's own Debt-to-Equity has ranged from 2.86 to 3.99 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 0.31, Daiwa Securities Group 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 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. Daiwa Securities Group's current Debt-to-Equity of 3.26 is 951.6% 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 Daiwa Securities Group and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa Securities Group's current Debt-to-Equity is 3.26, which is near median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Daiwa Securities Group (DSECF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.60, compared to a current price of $9.69 — trading 12.6% above its estimated fair value. The current Debt-to-Equity is 3.26, which is near median its 10-year median of 3.42 and 951.6% above the Capital Markets industry median of 0.31. Daiwa Securities Group's overall GF Score™ is 75/100 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 Daiwa Securities Group (DSECF), the current Debt-to-Equity is 3.26 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 Daiwa Securities Group (DSECF) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa Securities Group stock appears to be overvalued.
The current stock price of $9.69 is trading 12.6% above its estimated GF Value™ of $8.60.
GuruFocus considers Daiwa Securities Group to be Modestly Overvalued.
Key valuation signals for DSECF:
Debt-to-Equity: 3.26 (near median its 10-year median of 3.42)
GF Value™: $8.60 vs. price of $9.69 (12.6% above fair value)
Industry Position: 951.6% above the Capital Markets median (#575 of 610)
No single metric tells the full story. See the DSECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa Securities Group Inc is a Japan-based financial services company. The company operates through four segments. The Asset Management Division manages investment trusts, funds, and corporations across assets, including private equity, real estate, renewable energy, and infrastructure, while also offering advisory services to institutional investors in Japan and overseas. The Global Markets & Investment Banking Division handles sales and trading of securities, foreign exchange, and derivatives, and provides underwriting and M&A advisory. The Wealth Management Division serves individuals and private corporate clients with diverse financial products. Others include subsidiary management, information services, administration, and real estate leasing.
75GF Score
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