Kandenko Co (FRA:5EY) Debt-to-Equity: 0.04 (As of Mar. 2026) — 50% Below Median

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FRA:5EY Kandenko Co Ltd FRA:5EY
82 GF Score
Price €29.20
GF Value €14.63
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Kandenko Co Debt-to-Equity?

Kandenko Co FRA:5EY 82 Debt-to-Equity is 0.04 as of Mar. 2026, which is 50% below its 10-year median of 0.08. GuruFocus rates FRA:5EY with a GF Score™ of 82/100 and a GF Value™ of €14.63 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,618 Construction companies, Kandenko Co ranks better than 92.34% on this metric.

Kandenko Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €41 Mil. Kandenko Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €36 Mil. Kandenko Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €2,127 Mil. Kandenko Co's debt to equity for the quarter that ended in Mar. 2026 was 0.04.

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 Kandenko Co's Debt-to-Equity or its related term are showing as below:

FRA:5EY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 0.19
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Kandenko Co was 0.19. The lowest was 0.04. And the median was 0.08.

FRA:5EY's Debt-to-Equity is ranked better than
92.34% of 1618 companies
in the Construction industry
Industry Median: 0.4 vs FRA:5EY: 0.03

Kandenko Co  (FRA:5EY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Kandenko Co Debt-to-Equity Related Terms


Kandenko Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kandenko 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.

Kandenko Co Debt-to-Equity Chart

Kandenko Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.08 0.07 0.04

Kandenko Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.09 0.04 0.03

FRA:5EY vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Kandenko 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.


Kandenko Co Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Kandenko Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kandenko Co's Debt-to-Equity falls into.


FRA:5EY
82GF Score
Kandenko Co Ltd FRA:5EY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kandenko Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kandenko Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Kandenko Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.04 mean?
Kandenko Co (FRA:5EY) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kandenko Co and its competitors. This is 50% below median its historical median of 0.08. Over the past decade, Kandenko Co's Debt-to-Equity has ranged from 0.04 to 0.19. According to the industry distribution chart, Kandenko Co ranks #124 out of 1618 companies in the Construction industry, placing it in the top 7.7%.
Is Kandenko Co's Debt-to-Equity too high?
Kandenko Co's current Debt-to-Equity of 0.04 is 50% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.19. The Construction industry median Debt-to-Equity is 0.40. Kandenko Co's value of 0.04 is 90% below this industry median. Based on the distribution chart, Kandenko Co ranks #124 out of 1618 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kandenko Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kandenko Co's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Kandenko Co ranks #124 out of 1618 companies for Debt-to-Equity. This places Kandenko Co in the top 8% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Kandenko Co's value of 0.04 is 90% below this benchmark. Historically, Kandenko Co's own Debt-to-Equity has ranged from 0.04 to 0.19 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.40, Kandenko 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,618 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. Kandenko Co's current Debt-to-Equity of 0.04 is 90% 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 Kandenko Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandenko Co's current Debt-to-Equity is 0.04, which is 50% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandenko Co stock overvalued right now?
Based on GuruFocus' analysis, Kandenko Co (FRA:5EY) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.63, compared to a current price of €29.20 — trading 99.6% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 50% below median its 10-year median of 0.08 and 90% below the Construction industry median of 0.40. Kandenko Co's 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 Kandenko Co (FRA:5EY), the current Debt-to-Equity is 0.04 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 Kandenko Co (FRA:5EY) Overvalued in 2026?

Based on GuruFocus' analysis, Kandenko Co stock appears to be overvalued. The current stock price of €29.20 is trading 99.6% above its estimated GF Value™ of €14.63. GuruFocus considers Kandenko Co to be Significantly Overvalued.

Key valuation signals for FRA:5EY:

  • Debt-to-Equity: 0.04 (50% below median its 10-year median of 0.08)
  • GF Value™: €14.63 vs. price of €29.20 (99.6% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 90% below the Construction median (#124 of 1618)

No single metric tells the full story. See the FRA:5EY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kandenko Co Business Description

Other Exchanges 1942:Japan5EY:Germany
Address 4-8-33, Shibaura, Minato-ku, Tokyo, JPN, 108-8533
Kandenko Co Ltd is a Japanese infrastructure and engineering company. The company organises itself into two segments: engineering and other. The engineering segment, which contributes nearly all the company's revenue, conducts electric engineering work for building construction and renovation, installs and maintains telecommunication systems, constructs and maintains power distribution lines and facilities, inspects and maintains nuclear power plants, and conducts civil engineering work. The company derives the vast majority of revenue domestically.
82GF Score

Get the complete analysis for FRA:5EY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.20
Price
€14.63
GF Value