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DOWA Holdings CoDWMNF 75 Debt-to-Equity is 0.32 as of Mar. 2026, which is 30% below its 10-year median of 0.46. GuruFocus rates DWMNF with a GF Score™ of 75/100 and a GF Value™ of $40.84. The stock has 2 warning signs investors should review. Among 1,222 Metals & Mining companies, DOWA Holdings Co ranks worse than 64.57% 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 DOWA Holdings Co's Debt-to-Equity or its related term are showing as below:
DWMNF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.46 Max: 0.72
Current: 0.32
During the past 13 years, the highest Debt-to-Equity Ratio of DOWA Holdings Co was 0.72. The lowest was 0.30. And the median was 0.46.
DWMNF's Debt-to-Equity is ranked worse than 64.57% of 1222
companies
in the Metals & Mining industry
Industry Median: 0.15
vs DWMNF: 0.32
DOWA Holdings Co (OTCPK:DWMNF) 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.
DOWA Holdings Co Debt-to-Equity Related Terms
DOWA Holdings Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for DOWA Holdings Co'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.
DOWA Holdings Co Debt-to-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, DOWA Holdings Co'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.
DOWA Holdings Co Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DOWA Holdings Co'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.
DOWA Holdings Co (DWMNF) has a Debt-to-Equity of 0.32 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DOWA Holdings Co and its competitors. This is 30% below median its historical median of 0.46. Over the past decade, DOWA Holdings Co's Debt-to-Equity has ranged from 0.30 to 0.72. According to the industry distribution chart, DOWA Holdings Co ranks #789 out of 1222 companies in the Metals & Mining industry, placing it in the top 64.6%.
Is DOWA Holdings Co's Debt-to-Equity too high?
DOWA Holdings Co's current Debt-to-Equity of 0.32 is 30% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.72. The Metals & Mining industry median Debt-to-Equity is 0.15. DOWA Holdings Co's value of 0.32 is 113.3% above this industry median. Based on the distribution chart, DOWA Holdings Co ranks #789 out of 1222 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, DOWA Holdings Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does DOWA Holdings Co's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, DOWA Holdings Co ranks #789 out of 1222 companies for Debt-to-Equity. This places DOWA Holdings Co in the lower half of its industry. The industry median Debt-to-Equity is 0.15. DOWA Holdings Co's value of 0.32 is 113.3% above this benchmark. Historically, DOWA Holdings Co's own Debt-to-Equity has ranged from 0.30 to 0.72 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.15, DOWA Holdings Co 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 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. DOWA Holdings Co's current Debt-to-Equity of 0.32 is 113.3% 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 DOWA Holdings Co and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOWA Holdings Co's current Debt-to-Equity is 0.32, which is 30% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOWA Holdings Co stock overvalued right now?
DOWA Holdings Co (DWMNF) has a current Debt-to-Equity of 0.32. The stock's GF Value™ is $40.84, compared to a current price of $62.00 — trading 51.8% above its estimated fair value. The current Debt-to-Equity is 0.32, which is 30% below median its 10-year median of 0.46 and 113.3% above the Metals & Mining industry median of 0.15. DOWA Holdings Co's overall GF Score™ is 75/100 with 2 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 DOWA Holdings Co (DWMNF), the current Debt-to-Equity is 0.32 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 DOWA Holdings Co (DWMNF) Overvalued in 2026?
Based on GuruFocus' analysis, DOWA Holdings Co stock appears to be overvalued.
The current stock price of $62.00 is trading 51.8% above its estimated GF Value™ of $40.84.
Key valuation signals for DWMNF:
Debt-to-Equity: 0.32 (30% below median its 10-year median of 0.46)
GF Value™: $40.84 vs. price of $62.00 (51.8% above fair value)
Industry Position: 113.3% above the Metals & Mining median (#789 of 1222)
No single metric tells the full story. See the DWMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DOWA Holdings Co Ltd is a Japanese conglomerate engaged in electronic materials, recycling, heat treatment, metal processing, and smelting businesses. The company operates five business segments. The Electronic Materials segment makes high-purity metals, semiconductor wafers, LEDs, batteries, and magnetic materials. The Environment/Recycling segment handles waste disposal, soil remediation, resource recovery, and logistics. The Heat Treatment segment provides metal surface treatment, processing equipment, and related services. The Metal Processing segment produces copper, brass, alloys, and circuit boards. The Smelting segment manufactures metals and chemicals, while Others covers real estate, construction, and technology. It generates the majority of its revenue from the Smelting segment.
75GF Score
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