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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 Nippon Concrete Industries Co's Debt-to-Equity or its related term are showing as below:
FRA:90H'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.29 Max: 0.37
Current: 0.31
During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Concrete Industries Co was 0.37. The lowest was 0.24. And the median was 0.29.
FRA:90H's Debt-to-Equity is ranked better than 52.53% of 375
companies
in the Building Materials industry
Industry Median: 0.35
vs FRA:90H: 0.31
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.
Nippon Concrete Industries Co Debt-to-Equity Related Terms
Nippon Concrete Industries Co Debt-to-Equity Historical Data
* 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.
Nippon Concrete Industries Co Debt-to-Equity Chart
FRA:90H vs CRH, MLM, VMC: Debt-to-Equity Comparison
For the Building Materials subindustry, Nippon Concrete Industries 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.
Nippon Concrete Industries Co Debt-to-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Nippon Concrete Industries Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Concrete Industries 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.
Nippon Concrete Industries Co (FRA:90H) has a Debt-to-Equity of 0.27 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nippon Concrete Industries Co and its competitors. This is near median its historical median of 0.29. Over the past decade, Nippon Concrete Industries Co's Debt-to-Equity has ranged from 0.24 to 0.37. According to the industry distribution chart, Nippon Concrete Industries Co ranks #178 out of 375 companies in the Building Materials industry, placing it in the top 47.5%.
Is Nippon Concrete Industries Co's Debt-to-Equity too high?
Nippon Concrete Industries Co's current Debt-to-Equity of 0.27 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.37. The Building Materials industry median Debt-to-Equity is 0.35. Nippon Concrete Industries Co's value of 0.27 is 22.9% below this industry median. Based on the distribution chart, Nippon Concrete Industries Co ranks #178 out of 375 companies in the Building Materials industry, which is above the industry midpoint. Overall, Nippon Concrete Industries Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Concrete Industries Co's Debt-to-Equity compare to CRH and MLM?
According to the Building Materials industry distribution chart, Nippon Concrete Industries Co ranks #178 out of 375 companies for Debt-to-Equity. This puts Nippon Concrete Industries Co in the upper half of its industry. The industry median Debt-to-Equity is 0.35. Nippon Concrete Industries Co's value of 0.27 is 22.9% below this benchmark. Historically, Nippon Concrete Industries Co's own Debt-to-Equity has ranged from 0.24 to 0.37 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.35, Nippon Concrete Industries 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.35, based on 375 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. Nippon Concrete Industries Co's current Debt-to-Equity of 0.27 is 22.9% 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 Nippon Concrete Industries Co and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Concrete Industries Co's current Debt-to-Equity is 0.27, which is near 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 Nippon Concrete Industries Co stock overvalued right now?
Nippon Concrete Industries Co (FRA:90H) has a current Debt-to-Equity of 0.27. The stock's GF Value™ is €1.67, compared to a current price of €1.91 — trading 14.3% above its estimated fair value. The current Debt-to-Equity is 0.27, which is near median its 10-year median of 0.29 and 22.9% below the Building Materials industry median of 0.35. Nippon Concrete Industries Co's overall GF Score™ is 71/100 with 6 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 Nippon Concrete Industries Co (FRA:90H), the current Debt-to-Equity is 0.27 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 Nippon Concrete Industries Co (FRA:90H) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Concrete Industries Co stock appears to be overvalued.
The current stock price of €1.91 is trading 14.3% above its estimated GF Value™ of €1.67.
Key valuation signals for FRA:90H:
Debt-to-Equity: 0.27 (near median its 10-year median of 0.29)
GF Value™: €1.67 vs. price of €1.91 (14.3% above fair value)
Industry Position: 22.9% below the Building Materials median (#178 of 375)
No single metric tells the full story. See the FRA:90H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Concrete Industries Co Ltd is a Japan-based company operating in the basic material sector. It is engaged in the production, sales, and marketing of various construction and building materials. Products offered by the company include concrete poles, foundations, precast concrete wall, civil engineering products, precast building material and sound absorber materials. Nippon has world-wide operations with a presence in Myanmar, Indonesia, China, and Korea.
71GF Score
Get the complete analysis for FRA:90H
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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