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Kokusai ElectricFRA:69B +0.82%33 Debt-to-Equity is 0.22 as of Jun. 2026, which is 54% below its 10-year median of 0.48. GuruFocus rates FRA:69B with a GF Score™ of 33/100 and a GF Value™ of €27.21 (Significantly Overvalued). Among 911 Semiconductors companies, Kokusai Electric ranks better than 53.24% 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 Kokusai Electric's Debt-to-Equity or its related term are showing as below:
FRA:69B'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.48 Max: 1.03
Current: 0.22
During the past 5 years, the highest Debt-to-Equity Ratio of Kokusai Electric was 1.03. The lowest was 0.22. And the median was 0.48.
FRA:69B's Debt-to-Equity is ranked better than 53.24% of 911
companies
in the Semiconductors industry
Industry Median: 0.26
vs FRA:69B: 0.22
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.
Kokusai Electric Debt-to-Equity Related Terms
Kokusai Electric Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kokusai Electric'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.
FRA:69B vs AMAT, LRCX, KLAC: Debt-to-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.
Kokusai Electric Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kokusai Electric's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kokusai Electric'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.
Kokusai Electric (FRA:69B) has a Debt-to-Equity of 0.22 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kokusai Electric and its competitors. This is 54% below median its historical median of 0.48. Over the past decade, Kokusai Electric's Debt-to-Equity has ranged from 0.22 to 1.03. According to the industry distribution chart, Kokusai Electric ranks #426 out of 911 companies in the Semiconductors industry, placing it in the top 46.8%.
Is Kokusai Electric's Debt-to-Equity too high?
Kokusai Electric's current Debt-to-Equity of 0.22 is 54% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.03. The Semiconductors industry median Debt-to-Equity is 0.26. Kokusai Electric's value of 0.22 is 15.4% below this industry median. Based on the distribution chart, Kokusai Electric ranks #426 out of 911 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Kokusai Electric has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's Debt-to-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kokusai Electric ranks #426 out of 911 companies for Debt-to-Equity. This puts Kokusai Electric in the upper half of its industry. The industry median Debt-to-Equity is 0.26. Kokusai Electric's value of 0.22 is 15.4% below this benchmark. Historically, Kokusai Electric's own Debt-to-Equity has ranged from 0.22 to 1.03 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.26, Kokusai Electric 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 911 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. Kokusai Electric's current Debt-to-Equity of 0.22 is 15.4% 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 Kokusai Electric 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. Kokusai Electric's current Debt-to-Equity is 0.22, which is 54% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €27.21, compared to a current price of €49.40 — trading 81.6% above its estimated fair value. The current Debt-to-Equity is 0.22, which is 54% below median its 10-year median of 0.48 and 15.4% below the Semiconductors industry median of 0.26. Kokusai Electric's overall GF Score™ is 33/100. 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 Kokusai Electric (FRA:69B), the current Debt-to-Equity is 0.22 as of Jun. 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 Kokusai Electric (FRA:69B) Overvalued in 2026?
Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued.
The current stock price of €49.40 is trading 81.6% above its estimated GF Value™ of €27.21.
GuruFocus considers Kokusai Electric to be Significantly Overvalued.
Key valuation signals for FRA:69B:
Debt-to-Equity: 0.22 (54% below median its 10-year median of 0.48)
GF Value™: €27.21 vs. price of €49.40 (81.6% above fair value)
Industry Position: 15.4% below the Semiconductors median (#426 of 911)
No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
33GF Score
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