Business One Holdings (FSE:4827) Debt-to-Equity: 3.53 (As of Mar. 2026) — 24% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

FSE:4827 Business One Holdings Inc FSE:4827
72 GF Score
Price 円854.00
GF Value 円948.19
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Business One Holdings Debt-to-Equity?

Business One Holdings FSE:4827 +0.23% 72 Debt-to-Equity is 3.53 as of Mar. 2026, which is 24% below its 10-year median of 4.63. GuruFocus rates FSE:4827 with a GF Score™ of 72/100 and a GF Value™ of 円948.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,543 Real Estate companies, Business One Holdings ranks worse than 93.32% on this metric.

Business One Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円15,317 Mil. Business One Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円8,282 Mil. Business One Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円6,680 Mil. Business One Holdings's debt to equity for the quarter that ended in Mar. 2026 was 3.53.

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 Business One Holdings's Debt-to-Equity or its related term are showing as below:

FSE:4827' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.53   Med: 4.63   Max: 6.27
Current: 3.53

During the past 13 years, the highest Debt-to-Equity Ratio of Business One Holdings was 6.27. The lowest was 3.53. And the median was 4.63.

FSE:4827's Debt-to-Equity is ranked worse than
93.32% of 1543 companies
in the Real Estate industry
Industry Median: 0.75 vs FSE:4827: 3.53

Business One Holdings  (FSE:4827) 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.


Business One Holdings Debt-to-Equity Related Terms


Business One Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Business One 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.

Business One Holdings Debt-to-Equity Chart

Business One Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 5.06 4.38 3.85 3.53

Business One Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 3.66 3.48 3.60 3.53 3.53

FSE:4827 vs CBRE, BEKE, JLL: Debt-to-Equity Comparison

For the Real Estate Services subindustry, Business One 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.


Business One Holdings Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Business One Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Business One Holdings's Debt-to-Equity falls into.


FSE:4827
72GF Score
Business One Holdings Inc FSE:4827
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business One Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Business One Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Business One Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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 3.53 mean?
Business One Holdings (FSE:4827) has a Debt-to-Equity of 3.53 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Business One Holdings and its competitors. This is 24% below median its historical median of 4.63. Over the past decade, Business One Holdings' Debt-to-Equity has ranged from 3.53 to 6.27. According to the industry distribution chart, Business One Holdings ranks #1440 out of 1543 companies in the Real Estate industry, placing it in the top 93.3%.
Is Business One Holdings' Debt-to-Equity too high?
Business One Holdings' current Debt-to-Equity of 3.53 is 24% below median its 10-year median of 4.63. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 6.27. The Real Estate industry median Debt-to-Equity is 0.75. Business One Holdings' value of 3.53 is 370.7% above this industry median. Based on the distribution chart, Business One Holdings ranks #1440 out of 1543 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Business One Holdings has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Business One Holdings' Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Business One Holdings ranks #1440 out of 1543 companies for Debt-to-Equity. This places Business One Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Business One Holdings' value of 3.53 is 370.7% above this benchmark. Historically, Business One Holdings' own Debt-to-Equity has ranged from 3.53 to 6.27 over the past decade. While the company's 10-year median is 4.63 vs. the industry median of 0.75, Business One Holdings 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,543 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. Business One Holdings's current Debt-to-Equity of 3.53 is 370.7% 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 Business One Holdings and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business One Holdings's current Debt-to-Equity is 3.53, which is 24% below median its own 10-year median of 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business One Holdings stock overvalued right now?
Based on GuruFocus' analysis, Business One Holdings (FSE:4827) is currently considered Modestly Undervalued. The stock's GF Value™ is 円948.19, compared to a current price of 円854.00 — trading 9.9% below its estimated fair value. The current Debt-to-Equity is 3.53, which is 24% below median its 10-year median of 4.63 and 370.7% above the Real Estate industry median of 0.75. Business One Holdings' overall GF Score™ is 72/100 with 3 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 Business One Holdings (FSE:4827), the current Debt-to-Equity is 3.53 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 Business One Holdings (FSE:4827) Overvalued in 2026?

Based on GuruFocus' analysis, Business One Holdings stock appears to be undervalued. The current stock price of 円854.00 is trading 9.9% below its estimated GF Value™ of 円948.19. GuruFocus considers Business One Holdings to be Modestly Undervalued.

Key valuation signals for FSE:4827:

  • Debt-to-Equity: 3.53 (24% below median its 10-year median of 4.63)
  • GF Value™: 円948.19 vs. price of 円854.00 (9.9% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 370.7% above the Real Estate median (#1440 of 1543)

No single metric tells the full story. See the FSE:4827 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business One Holdings Business Description

Address 3-16-27 Yakuin Chuo-ku, Chuo-ku Chuo Ward, 3rd floor, Fukuoka city, JPN, 810-0022
Business One Holdings Inc provides real estate management services for condominiums. The company purchases and sells real estate properties; and develops and sells software products. It also has leasing management business, finance business, software business, health business. It develops and sells evaluation software for plumbing and electrical contractors.
72GF Score

Get the complete analysis for FSE:4827

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

円854.00
Price
円948.19
GF Value