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Hanwa CoHNWAF +3.30%55 Debt-to-Equity is 0.82 as of Mar. 2026, which is 47% below its 10-year median of 1.55. GuruFocus rates HNWAF with a GF Score™ of 55/100 and a GF Value™ of $7.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 508 Conglomerates companies, Hanwa Co ranks worse than 62.2% 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 Hanwa Co's Debt-to-Equity or its related term are showing as below:
HNWAF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82 Med: 1.55 Max: 3.04
Current: 0.82
During the past 13 years, the highest Debt-to-Equity Ratio of Hanwa Co was 3.04. The lowest was 0.82. And the median was 1.55.
HNWAF's Debt-to-Equity is ranked worse than 62.2% of 508
companies
in the Conglomerates industry
Industry Median: 0.54
vs HNWAF: 0.82
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.
Hanwa Co Debt-to-Equity Related Terms
Hanwa Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hanwa 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 Conglomerates subindustry, Hanwa 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.
Hanwa Co Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Hanwa Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hanwa 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.
Hanwa Co (HNWAF) has a Debt-to-Equity of 0.82 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hanwa Co and its competitors. This is 47% below median its historical median of 1.55. Over the past decade, Hanwa Co's Debt-to-Equity has ranged from 0.82 to 3.04. According to the industry distribution chart, Hanwa Co ranks #316 out of 508 companies in the Conglomerates industry, placing it in the top 62.2%.
Is Hanwa Co's Debt-to-Equity too high?
Hanwa Co's current Debt-to-Equity of 0.82 is 47% below median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.04. The Conglomerates industry median Debt-to-Equity is 0.54. Hanwa Co's value of 0.82 is 51.9% above this industry median. Based on the distribution chart, Hanwa Co ranks #316 out of 508 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Hanwa Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanwa Co's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Hanwa Co ranks #316 out of 508 companies for Debt-to-Equity. This places Hanwa Co in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Hanwa Co's value of 0.82 is 51.9% above this benchmark. Historically, Hanwa Co's own Debt-to-Equity has ranged from 0.82 to 3.04 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 0.54, Hanwa 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, 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. Hanwa Co's current Debt-to-Equity of 0.82 is 51.9% 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 Hanwa Co and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanwa Co's current Debt-to-Equity is 0.82, which is 47% below median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanwa Co stock overvalued right now?
Based on GuruFocus' analysis, Hanwa Co (HNWAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.63, compared to a current price of $10.64 — trading 39.4% above its estimated fair value. The current Debt-to-Equity is 0.82, which is 47% below median its 10-year median of 1.55 and 51.9% above the Conglomerates industry median of 0.54. Hanwa Co's overall GF Score™ is 55/100 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 Hanwa Co (HNWAF), the current Debt-to-Equity is 0.82 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 Hanwa Co (HNWAF) Overvalued in 2026?
Based on GuruFocus' analysis, Hanwa Co stock appears to be overvalued.
The current stock price of $10.64 is trading 39.4% above its estimated GF Value™ of $7.63.
GuruFocus considers Hanwa Co to be Significantly Overvalued.
Key valuation signals for HNWAF:
Debt-to-Equity: 0.82 (47% below median its 10-year median of 1.55)
GF Value™: $7.63 vs. price of $10.64 (39.4% above fair value)
Industry Position: 51.9% above the Conglomerates median (#316 of 508)
No single metric tells the full story. See the HNWAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanwa Co Ltd is a Japan-based trading company with seven segments. The steel segment handles steel products and building materials. The metals and alloys segment supplies chromium, manganese, and other metals. The nonferrous metals segment recycles aluminum, copper, nickel, and chromium. The food products segment handles seafood. The petroleum and chemicals segment trades petroleum products and others. The overseas sales subsidiaries segment comprises Hanwa's overseas subsidiaries in North America and Asia. The other business segment imports forest products and handles amusement facilities and industrial machinery. Steel, petroleum and chemicals, and metals and alloys are the three largest segments by revenue contribution. Hanwa generates most of its revenue from Japanese domestic market.
55GF Score
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