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Denka CoFRA:DIK +0.59%66 Debt-to-Equity is 0.71 as of Mar. 2026, which is 34% above its 10-year median of 0.53. GuruFocus rates FRA:DIK with a GF Score™ of 66/100 and a GF Value™ of €12.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,419 Chemicals companies, Denka Co ranks worse than 72.45% 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 Denka Co's Debt-to-Equity or its related term are showing as below:
FRA:DIK'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.53 Max: 0.74
Current: 0.71
During the past 13 years, the highest Debt-to-Equity Ratio of Denka Co was 0.74. The lowest was 0.45. And the median was 0.53.
FRA:DIK's Debt-to-Equity is ranked worse than 72.45% of 1419
companies
in the Chemicals industry
Industry Median: 0.36
vs FRA:DIK: 0.71
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.
Denka Co Debt-to-Equity Related Terms
Denka Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Denka 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.
For the Chemicals subindustry, Denka 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.
Denka Co Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Denka Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Denka 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.
Denka Co (FRA:DIK) has a Debt-to-Equity of 0.71 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Denka Co and its competitors. This is 34% above median its historical median of 0.53. Over the past decade, Denka Co's Debt-to-Equity has ranged from 0.45 to 0.74. According to the industry distribution chart, Denka Co ranks #1028 out of 1419 companies in the Chemicals industry, placing it in the top 72.4%.
Is Denka Co's Debt-to-Equity too high?
Denka Co's current Debt-to-Equity of 0.71 is 34% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.74. The Chemicals industry median Debt-to-Equity is 0.36. Denka Co's value of 0.71 is 97.2% above this industry median. Based on the distribution chart, Denka Co ranks #1028 out of 1419 companies in the Chemicals industry, which is below the industry midpoint. Overall, Denka Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denka Co's Debt-to-Equity compare to DOW?
According to the Chemicals industry distribution chart, Denka Co ranks #1028 out of 1419 companies for Debt-to-Equity. This places Denka Co in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Denka Co's value of 0.71 is 97.2% above this benchmark. Historically, Denka Co's own Debt-to-Equity has ranged from 0.45 to 0.74 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.36, Denka Co 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,419 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. Denka Co's current Debt-to-Equity of 0.71 is 97.2% 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 Denka Co and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denka Co's current Debt-to-Equity is 0.71, which is 34% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denka Co stock overvalued right now?
Based on GuruFocus' analysis, Denka Co (FRA:DIK) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.32, compared to a current price of €17.00 — trading 38% above its estimated fair value. The current Debt-to-Equity is 0.71, which is 34% above median its 10-year median of 0.53 and 97.2% above the Chemicals industry median of 0.36. Denka Co's overall GF Score™ is 66/100 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 Denka Co (FRA:DIK), the current Debt-to-Equity is 0.71 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 Denka Co (FRA:DIK) Overvalued in 2026?
Based on GuruFocus' analysis, Denka Co stock appears to be overvalued.
The current stock price of €17.00 is trading 38% above its estimated GF Value™ of €12.32.
GuruFocus considers Denka Co to be Significantly Overvalued.
Key valuation signals for FRA:DIK:
Debt-to-Equity: 0.71 (34% above median its 10-year median of 0.53)
GF Value™: €12.32 vs. price of €17.00 (38% above fair value)
Industry Position: 97.2% above the Chemicals median (#1028 of 1419)
No single metric tells the full story. See the FRA:DIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
66GF Score
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