Micronics Japan Co (FRA:MJ3) Debt-to-Equity: 0.07 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:MJ3 Micronics Japan Co Ltd FRA:MJ3
89 GF Score
Price €80.50
GF Value €45.58
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Micronics Japan Co Debt-to-Equity?

Micronics Japan Co FRA:MJ3 +3.87% 89 Debt-to-Equity is 0.07 as of Jun. 2026, which is at its 10-year median of 0.07. GuruFocus rates FRA:MJ3 with a GF Score™ of 89/100 and a GF Value™ of €45.58 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 911 Semiconductors companies, Micronics Japan Co ranks better than 75.08% on this metric.

Micronics Japan Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1.9 Mil. Micronics Japan Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €32.9 Mil. Micronics Japan Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €493.0 Mil. Micronics Japan Co's debt to equity for the quarter that ended in Jun. 2026 was 0.07.

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 Micronics Japan Co's Debt-to-Equity or its related term are showing as below:

FRA:MJ3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.14
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Micronics Japan Co was 0.14. The lowest was 0.02. And the median was 0.07.

FRA:MJ3's Debt-to-Equity is ranked better than
75.08% of 911 companies
in the Semiconductors industry
Industry Median: 0.26 vs FRA:MJ3: 0.07

Micronics Japan Co  (FRA:MJ3) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Micronics Japan Co Debt-to-Equity Related Terms


Micronics Japan Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Micronics Japan 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.

Micronics Japan Co Debt-to-Equity Chart

Micronics Japan Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.03 0.03 0.02

Micronics Japan Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.12 0.10 0.09 0.07

FRA:MJ3 vs AMAT, LRCX, KLAC: Debt-to-Equity Comparison

For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.


Micronics Japan Co Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Micronics Japan Co's Debt-to-Equity falls into.


FRA:MJ3
89GF Score
Micronics Japan Co Ltd FRA:MJ3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micronics Japan Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Micronics Japan Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Micronics Japan Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.07 mean?
Micronics Japan Co (FRA:MJ3) has a Debt-to-Equity of 0.07 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Micronics Japan Co and its competitors. This is near median its historical median of 0.07. Over the past decade, Micronics Japan Co's Debt-to-Equity has ranged from 0.02 to 0.14. According to the industry distribution chart, Micronics Japan Co ranks #227 out of 911 companies in the Semiconductors industry, placing it in the top 24.9%.
Is Micronics Japan Co's Debt-to-Equity too high?
Micronics Japan Co's current Debt-to-Equity of 0.07 is near median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.14. The Semiconductors industry median Debt-to-Equity is 0.26. Micronics Japan Co's value of 0.07 is 73.1% below this industry median. Based on the distribution chart, Micronics Japan Co ranks #227 out of 911 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micronics Japan Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's Debt-to-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #227 out of 911 companies for Debt-to-Equity. This places Micronics Japan Co in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.26. Micronics Japan Co's value of 0.07 is 73.1% below this benchmark. Historically, Micronics Japan Co's own Debt-to-Equity has ranged from 0.02 to 0.14 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.26, Micronics Japan 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 911 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. Micronics Japan Co's current Debt-to-Equity of 0.07 is 73.1% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current Debt-to-Equity is 0.07, which is near median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.58, compared to a current price of €80.50 — trading 76.6% above its estimated fair value. The current Debt-to-Equity is 0.07, which is near median its 10-year median of 0.07 and 73.1% below the Semiconductors industry median of 0.26. Micronics Japan Co's overall GF Score™ is 89/100 with 1 warning sign 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 Micronics Japan Co (FRA:MJ3), the current Debt-to-Equity is 0.07 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?

Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued. The current stock price of €80.50 is trading 76.6% above its estimated GF Value™ of €45.58. GuruFocus considers Micronics Japan Co to be Significantly Overvalued.

Key valuation signals for FRA:MJ3:

  • Debt-to-Equity: 0.07 (near median its 10-year median of 0.07)
  • GF Value™: €45.58 vs. price of €80.50 (76.6% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 73.1% below the Semiconductors median (#227 of 911)

No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micronics Japan Co Business Description

Address 2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
89GF Score

Get the complete analysis for FRA:MJ3

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€80.50
Price
€45.58
GF Value