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Marusan Securities CoFRA:9KC +1.47%70 Debt-to-Equity is 0.03 as of Mar. 2026, which is 63% below its 10-year median of 0.08. GuruFocus rates FRA:9KC with a GF Score™ of 70/100 and a GF Value™ of €6.35 (Fairly Valued). The stock has 6 warning signs investors should review. Among 610 Capital Markets companies, Marusan Securities Co ranks better than 88.2% 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 Marusan Securities Co's Debt-to-Equity or its related term are showing as below:
FRA:9KC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.11
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Marusan Securities Co was 0.11. The lowest was 0.03. And the median was 0.08.
FRA:9KC's Debt-to-Equity is ranked better than 88.2% of 610
companies
in the Capital Markets industry
Industry Median: 0.32
vs FRA:9KC: 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.
Marusan Securities Co Debt-to-Equity Related Terms
Marusan Securities Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Marusan Securities 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.
FRA:9KC vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, Marusan Securities 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.
Marusan Securities Co Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Marusan Securities Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Marusan Securities 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.
Marusan Securities Co (FRA:9KC) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Marusan Securities Co and its competitors. This is 63% below median its historical median of 0.08. Over the past decade, Marusan Securities Co's Debt-to-Equity has ranged from 0.03 to 0.11. According to the industry distribution chart, Marusan Securities Co ranks #72 out of 610 companies in the Capital Markets industry, placing it in the top 11.8%.
Is Marusan Securities Co's Debt-to-Equity too high?
Marusan Securities Co's current Debt-to-Equity of 0.03 is 63% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.11. The Capital Markets industry median Debt-to-Equity is 0.32. Marusan Securities Co's value of 0.03 is 90.6% below this industry median. Based on the distribution chart, Marusan Securities Co ranks #72 out of 610 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Marusan Securities Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marusan Securities Co's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Marusan Securities Co ranks #72 out of 610 companies for Debt-to-Equity. This places Marusan Securities Co in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.32. Marusan Securities Co's value of 0.03 is 90.6% below this benchmark. Historically, Marusan Securities Co's own Debt-to-Equity has ranged from 0.03 to 0.11 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.32, Marusan Securities 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 610 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. Marusan Securities Co's current Debt-to-Equity of 0.03 is 90.6% 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 Marusan Securities Co and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marusan Securities Co's current Debt-to-Equity is 0.03, which is 63% 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 Marusan Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Marusan Securities Co (FRA:9KC) is currently considered Fairly Valued. The stock's GF Value™ is €6.35, compared to a current price of €6.90 — trading 8.7% above its estimated fair value. The current Debt-to-Equity is 0.03, which is 63% below median its 10-year median of 0.08 and 90.6% below the Capital Markets industry median of 0.32. Marusan Securities Co's overall GF Score™ is 70/100 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 Marusan Securities Co (FRA:9KC), the current Debt-to-Equity is 0.03 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 Marusan Securities Co (FRA:9KC) Overvalued in 2026?
Based on GuruFocus' analysis, Marusan Securities Co stock appears to be overvalued.
The current stock price of €6.90 is trading 8.7% above its estimated GF Value™ of €6.35.
GuruFocus considers Marusan Securities Co to be Fairly Valued.
Key valuation signals for FRA:9KC:
Debt-to-Equity: 0.03 (63% below median its 10-year median of 0.08)
GF Value™: €6.35 vs. price of €6.90 (8.7% above fair value)
Industry Position: 90.6% below the Capital Markets median (#72 of 610)
No single metric tells the full story. See the FRA:9KC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marusan Securities Co Ltd trades financial securities and derivatives. The company is headquartered in Japan and generates all revenue domestically. Securities services offered by the company include mediation of buying and selling securities, brokerage, trading, exchange-market activities, underwriting, private placement, agency of bond payments, and investment trust services. The company also provides banking services such as loans on collateral, buying and selling yen-denominated bank acceptances, buying and selling gold bullion, safety deposits, business loans, and insurance including property, casualty, and life.
70GF Score
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