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.
Nisshinbo HoldingsFRA:NBO -8.06%63 Debt-to-Equity is 0.40 as of Jun. 2026, which is 20% below its 10-year median of 0.50. GuruFocus rates FRA:NBO with a GF Score™ of 63/100 and a GF Value™ of €4.83. The stock has 7 warning signs investors should review. Among 508 Conglomerates companies, Nisshinbo Holdings ranks better than 56.89% 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 Nisshinbo Holdings's Debt-to-Equity or its related term are showing as below:
FRA:NBO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.5 Max: 0.88
Current: 0.4
During the past 13 years, the highest Debt-to-Equity Ratio of Nisshinbo Holdings was 0.88. The lowest was 0.18. And the median was 0.50.
FRA:NBO's Debt-to-Equity is ranked better than 56.89% of 508
companies
in the Conglomerates industry
Industry Median: 0.53
vs FRA:NBO: 0.40
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.
Nisshinbo Holdings Debt-to-Equity Related Terms
Nisshinbo Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nisshinbo Holdings'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 Conglomerates subindustry, Nisshinbo Holdings'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.
Nisshinbo Holdings Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nisshinbo Holdings'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.
Nisshinbo Holdings (FRA:NBO) has a Debt-to-Equity of 0.40 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nisshinbo Holdings and its competitors. This is 20% below median its historical median of 0.50. Over the past decade, Nisshinbo Holdings' Debt-to-Equity has ranged from 0.18 to 0.88. According to the industry distribution chart, Nisshinbo Holdings ranks #219 out of 508 companies in the Conglomerates industry, placing it in the top 43.1%.
Is Nisshinbo Holdings' Debt-to-Equity too high?
Nisshinbo Holdings' current Debt-to-Equity of 0.40 is 20% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.88. The Conglomerates industry median Debt-to-Equity is 0.53. Nisshinbo Holdings' value of 0.40 is 24.5% below this industry median. Based on the distribution chart, Nisshinbo Holdings ranks #219 out of 508 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nisshinbo Holdings has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Nisshinbo Holdings' Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Nisshinbo Holdings ranks #219 out of 508 companies for Debt-to-Equity. This puts Nisshinbo Holdings in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Nisshinbo Holdings' value of 0.40 is 24.5% below this benchmark. Historically, Nisshinbo Holdings' own Debt-to-Equity has ranged from 0.18 to 0.88 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.53, Nisshinbo Holdings 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.53, based on 508 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. Nisshinbo Holdings's current Debt-to-Equity of 0.40 is 24.5% 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 Nisshinbo Holdings and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nisshinbo Holdings's current Debt-to-Equity is 0.40, which is 20% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshinbo Holdings stock overvalued right now?
Nisshinbo Holdings (FRA:NBO) has a current Debt-to-Equity of 0.40. The stock's GF Value™ is €4.83, compared to a current price of €11.40 — trading 136% above its estimated fair value. The current Debt-to-Equity is 0.40, which is 20% below median its 10-year median of 0.50 and 24.5% below the Conglomerates industry median of 0.53. Nisshinbo Holdings' overall GF Score™ is 63/100 with 7 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 Nisshinbo Holdings (FRA:NBO), the current Debt-to-Equity is 0.40 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 Nisshinbo Holdings (FRA:NBO) Overvalued in 2026?
Based on GuruFocus' analysis, Nisshinbo Holdings stock appears to be overvalued.
The current stock price of €11.40 is trading 136% above its estimated GF Value™ of €4.83.
Key valuation signals for FRA:NBO:
Debt-to-Equity: 0.40 (20% below median its 10-year median of 0.50)
GF Value™: €4.83 vs. price of €11.40 (136% above fair value)
Industry Position: 24.5% below the Conglomerates median (#219 of 508)
No single metric tells the full story. See the FRA:NBO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nisshinbo Holdings Inc is a Japan-based company that is mainly engaged in electronics, automobile brakes, textiles, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business mainly manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts, and others.
63GF Score
Get the complete analysis for FRA:NBO
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:NBO has been successfully added to your 
