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Tokyu Construction CoFRA:TCW +0.83%72 Debt-to-Equity is 0.33 as of Mar. 2026, which is 32% above its 10-year median of 0.25. GuruFocus rates FRA:TCW with a GF Score™ of 72/100 and a GF Value™ of €5.11. The stock has 1 warning sign investors should review. Among 1,616 Construction companies, Tokyu Construction Co ranks better than 68.5% 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 Tokyu Construction Co's Debt-to-Equity or its related term are showing as below:
FRA:TCW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.25 Max: 0.55
Current: 0.19
During the past 13 years, the highest Debt-to-Equity Ratio of Tokyu Construction Co was 0.55. The lowest was 0.02. And the median was 0.25.
FRA:TCW's Debt-to-Equity is ranked better than 68.5% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs FRA:TCW: 0.19
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.
Tokyu Construction Co Debt-to-Equity Related Terms
Tokyu Construction Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tokyu Construction 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:TCW vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Tokyu Construction 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.
Tokyu Construction Co Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Tokyu Construction Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tokyu Construction 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.
Tokyu Construction Co (FRA:TCW) has a Debt-to-Equity of 0.33 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tokyu Construction Co and its competitors. This is 32% above median its historical median of 0.25. Over the past decade, Tokyu Construction Co's Debt-to-Equity has ranged from 0.02 to 0.55. According to the industry distribution chart, Tokyu Construction Co ranks #509 out of 1616 companies in the Construction industry, placing it in the top 31.5%.
Is Tokyu Construction Co's Debt-to-Equity too high?
Tokyu Construction Co's current Debt-to-Equity of 0.33 is 32% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.55. The Construction industry median Debt-to-Equity is 0.40. Tokyu Construction Co's value of 0.33 is 17.5% below this industry median. Based on the distribution chart, Tokyu Construction Co ranks #509 out of 1616 companies in the Construction industry, which is above the industry midpoint. Overall, Tokyu Construction Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Tokyu Construction Co's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Tokyu Construction Co ranks #509 out of 1616 companies for Debt-to-Equity. This puts Tokyu Construction Co in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Tokyu Construction Co's value of 0.33 is 17.5% below this benchmark. Historically, Tokyu Construction Co's own Debt-to-Equity has ranged from 0.02 to 0.55 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.40, Tokyu Construction 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. Tokyu Construction Co's current Debt-to-Equity of 0.33 is 17.5% 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 Tokyu Construction Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyu Construction Co's current Debt-to-Equity is 0.33, which is 32% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Construction Co stock overvalued right now?
Tokyu Construction Co (FRA:TCW) has a current Debt-to-Equity of 0.33. The stock's GF Value™ is €5.11, compared to a current price of €6.10 — trading 19.4% above its estimated fair value. The current Debt-to-Equity is 0.33, which is 32% above median its 10-year median of 0.25 and 17.5% below the Construction industry median of 0.40. Tokyu Construction Co's overall GF Score™ is 72/100 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 Tokyu Construction Co (FRA:TCW), the current Debt-to-Equity is 0.33 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 Tokyu Construction Co (FRA:TCW) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyu Construction Co stock appears to be overvalued.
The current stock price of €6.10 is trading 19.4% above its estimated GF Value™ of €5.11.
Key valuation signals for FRA:TCW:
Debt-to-Equity: 0.33 (32% above median its 10-year median of 0.25)
GF Value™: €5.11 vs. price of €6.10 (19.4% above fair value)
Industry Position: 17.5% below the Construction median (#509 of 1616)
No single metric tells the full story. See the FRA:TCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyu Construction Co Ltd is a Japan-based company that provides various construction-related services. The company's services include civil engineering and building construction, investigation, construction planning, geological surveying, consultancy services, measurement, designing, building maintenance and supervision, real estate leasing, and worker dispatching. Its construction activities encompass educational facilities, offices, hotels, commercial facilities, environmental improvement facilities, care facilities, hospitals, logistics facilities, factories, roads, sports facilities, airports, and so on.
72GF Score
Get the complete analysis for FRA:TCW
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