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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 InCoax Networks AB's Debt-to-Equity or its related term are showing as below:
FRA:86M'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 3.3
Current: 0.03
During the past 10 years, the highest Debt-to-Equity Ratio of InCoax Networks AB was 3.30. The lowest was 0.03. And the median was 0.12.
FRA:86M's Debt-to-Equity is ranked better than 89.59% of 2228
companies
in the Hardware industry
Industry Median: 0.27
vs FRA:86M: 0.03
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.
InCoax Networks AB Debt-to-Equity Related Terms
InCoax Networks AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for InCoax Networks AB'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:86M vs CSCO, MSI, HPE: Debt-to-Equity Comparison
For the Communication Equipment subindustry, InCoax Networks AB'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.
InCoax Networks AB Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, InCoax Networks AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where InCoax Networks AB'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.
InCoax Networks AB (FRA:86M) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on InCoax Networks AB and its competitors. Over the past decade, InCoax Networks AB's Debt-to-Equity has ranged from 0.03 to 3.30. According to the industry distribution chart, InCoax Networks AB ranks #232 out of 2228 companies in the Hardware industry, placing it in the top 10.4%.
Is InCoax Networks AB's Debt-to-Equity too high?
InCoax Networks AB's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 3.30. Based on the distribution chart, InCoax Networks AB ranks #232 out of 2228 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, InCoax Networks AB has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does InCoax Networks AB's Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, InCoax Networks AB ranks #232 out of 2228 companies for Debt-to-Equity. This places InCoax Networks AB in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.27. Historically, InCoax Networks AB's own Debt-to-Equity has ranged from 0.03 to 3.30 over the past decade. 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. 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 InCoax Networks AB 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. InCoax Networks AB's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InCoax Networks AB stock overvalued right now?
InCoax Networks AB (FRA:86M) has a current Debt-to-Equity of 0.00. The stock's GF Value™ is €0.02, compared to a current price of €0.04 — trading 75% above its estimated fair value. The current Debt-to-Equity is 0.00. InCoax Networks AB's overall GF Score™ is 43/100 with 5 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 InCoax Networks AB (FRA:86M), the current Debt-to-Equity is 0.00 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 InCoax Networks AB (FRA:86M) Overvalued in 2026?
Based on GuruFocus' analysis, InCoax Networks AB stock appears to be overvalued.
The current stock price of €0.04 is trading 75% above its estimated GF Value™ of €0.02.
Key valuation signals for FRA:86M:
Debt-to-Equity: 0.00
GF Value™: €0.02 vs. price of €0.04 (75% above fair value)
No single metric tells the full story. See the FRA:86M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InCoax Networks AB is a Swedish technology company that develops system solutions for broadband access in multi-dwelling buildings and other properties with existing coaxial cabling. The company's products include Incoax, Fiber Access & Fixed Wireless Access (FWA) Extension Over Coax, MoCA Access 2.5 standard, Whitepaper, in:xtnd Control, 5 Gbps InCoax Access, InCoax Combine, InCoax Manage CLM. The business model is mainly based on hardware sales, complemented by software, support, and maintenance. In larger rollouts, market development and delivery often take place together with distributors, resellers, and system integrators. Its customer mainly targets operators that need a faster and more cost-effective and second important customer group is FWA operators.
43GF Score
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