Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Seiko GroupFRA:89M -2.59%32 Debt-to-Equity is 0.60 as of Mar. 2026, which is 42% below its 10-year median of 1.04. GuruFocus rates FRA:89M with a GF Score™ of 32/100 and a GF Value™ of €13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Seiko Group ranks worse than 58.75% 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 Seiko Group's Debt-to-Equity or its related term are showing as below:
FRA:89M'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.04 Max: 1.36
Current: 0.55
During the past 13 years, the highest Debt-to-Equity Ratio of Seiko Group was 1.36. The lowest was 0.60. And the median was 1.04.
FRA:89M's Debt-to-Equity is ranked worse than 58.75% of 931
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs FRA:89M: 0.55
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.
Seiko Group Debt-to-Equity Related Terms
Seiko Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Seiko Group'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:89M vs NKE, DECK, ONON: Debt-to-Equity Comparison
For the Footwear & Accessories subindustry, Seiko Group'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.
Seiko Group Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Seiko Group'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.
Seiko Group (FRA:89M) has a Debt-to-Equity of 0.60 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Seiko Group and its competitors. This is 42% below median its historical median of 1.04. Over the past decade, Seiko Group's Debt-to-Equity has ranged from 0.60 to 1.36. According to the industry distribution chart, Seiko Group ranks #547 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58.8%.
Is Seiko Group's Debt-to-Equity too high?
Seiko Group's current Debt-to-Equity of 0.60 is 42% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.36. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Seiko Group's value of 0.60 is 46.3% above this industry median. Based on the distribution chart, Seiko Group ranks #547 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Seiko Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiko Group's Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Seiko Group ranks #547 out of 931 companies for Debt-to-Equity. This places Seiko Group in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Seiko Group's value of 0.60 is 46.3% above this benchmark. Historically, Seiko Group's own Debt-to-Equity has ranged from 0.60 to 1.36 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.41, Seiko Group 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 931 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. Seiko Group's current Debt-to-Equity of 0.60 is 46.3% 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 Seiko Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Group's current Debt-to-Equity is 0.60, which is 42% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Group stock overvalued right now?
Based on GuruFocus' analysis, Seiko Group (FRA:89M) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.79, compared to a current price of €56.50 — trading 309.7% above its estimated fair value. The current Debt-to-Equity is 0.60, which is 42% below median its 10-year median of 1.04 and 46.3% above the Manufacturing - Apparel & Accessories industry median of 0.41. Seiko Group's overall GF Score™ is 32/100 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 Seiko Group (FRA:89M), the current Debt-to-Equity is 0.60 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 Seiko Group (FRA:89M) Overvalued in 2026?
Based on GuruFocus' analysis, Seiko Group stock appears to be overvalued.
The current stock price of €56.50 is trading 309.7% above its estimated GF Value™ of €13.79.
GuruFocus considers Seiko Group to be Significantly Overvalued.
Key valuation signals for FRA:89M:
Debt-to-Equity: 0.60 (42% below median its 10-year median of 1.04)
GF Value™: €13.79 vs. price of €56.50 (309.7% above fair value)
Industry Position: 46.3% above the Manufacturing - Apparel & Accessories median (#547 of 931)
No single metric tells the full story. See the FRA:89M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.
32GF Score
Get the complete analysis for FRA:89M
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:89M has been successfully added to your 
