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Furuno Electric CoFNOEF 80 Debt-to-Equity is 0.16 as of Feb. 2026, which is 45% below its 10-year median of 0.29. GuruFocus rates FNOEF with a GF Score™ of 80/100 and a GF Value™ of $15.04. Among 2,228 Hardware companies, Furuno Electric Co ranks better than 65.8% 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 Furuno Electric Co's Debt-to-Equity or its related term are showing as below:
FNOEF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.29 Max: 0.41
Current: 0.15
During the past 13 years, the highest Debt-to-Equity Ratio of Furuno Electric Co was 0.41. The lowest was 0.16. And the median was 0.29.
FNOEF's Debt-to-Equity is ranked better than 65.8% of 2228
companies
in the Hardware industry
Industry Median: 0.27
vs FNOEF: 0.15
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.
Furuno Electric Co Debt-to-Equity Related Terms
Furuno Electric Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Furuno Electric 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.
FNOEF vs COHR, KEYS, GRMN: Debt-to-Equity Comparison
For the Scientific & Technical Instruments subindustry, Furuno Electric 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.
Furuno Electric Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Furuno Electric Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Furuno Electric 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.
Furuno Electric Co (FNOEF) has a Debt-to-Equity of 0.16 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Furuno Electric Co and its competitors. This is 45% below median its historical median of 0.29. Over the past decade, Furuno Electric Co's Debt-to-Equity has ranged from 0.16 to 0.41. According to the industry distribution chart, Furuno Electric Co ranks #762 out of 2228 companies in the Hardware industry, placing it in the top 34.2%.
Is Furuno Electric Co's Debt-to-Equity too high?
Furuno Electric Co's current Debt-to-Equity of 0.16 is 45% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.41. The Hardware industry median Debt-to-Equity is 0.27. Furuno Electric Co's value of 0.16 is 40.7% below this industry median. Based on the distribution chart, Furuno Electric Co ranks #762 out of 2228 companies in the Hardware industry, which is above the industry midpoint. Overall, Furuno Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Furuno Electric Co's Debt-to-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Furuno Electric Co ranks #762 out of 2228 companies for Debt-to-Equity. This puts Furuno Electric Co in the upper half of its industry. The industry median Debt-to-Equity is 0.27. Furuno Electric Co's value of 0.16 is 40.7% below this benchmark. Historically, Furuno Electric Co's own Debt-to-Equity has ranged from 0.16 to 0.41 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.27, Furuno Electric Co 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,228 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. Furuno Electric Co's current Debt-to-Equity of 0.16 is 40.7% 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 Furuno Electric Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Furuno Electric Co's current Debt-to-Equity is 0.16, which is 45% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furuno Electric Co stock overvalued right now?
Furuno Electric Co (FNOEF) has a current Debt-to-Equity of 0.16. The stock's GF Value™ is $15.04, compared to a current price of $41.99 — trading 179.2% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 45% below median its 10-year median of 0.29 and 40.7% below the Hardware industry median of 0.27. Furuno Electric Co's overall GF Score™ is 80/100. 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 Furuno Electric Co (FNOEF), the current Debt-to-Equity is 0.16 as of Feb. 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 Furuno Electric Co (FNOEF) Overvalued in 2026?
Based on GuruFocus' analysis, Furuno Electric Co stock appears to be overvalued.
The current stock price of $41.99 is trading 179.2% above its estimated GF Value™ of $15.04.
Key valuation signals for FNOEF:
Debt-to-Equity: 0.16 (45% below median its 10-year median of 0.29)
GF Value™: $15.04 vs. price of $41.99 (179.2% above fair value)
Industry Position: 40.7% below the Hardware median (#762 of 2228)
No single metric tells the full story. See the FNOEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Furuno Electric Co Ltd is engaged in the business of producing marine related electronic equipment. The products portfolio includes fish sonar, GPS, Radar, Coastal monitoring system, Automatic identification system, Voyage data recorder, and satellite communications equipment.
80GF Score
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