SemiLEDsLEDS +3.82%51 Debt-to-Equity is 1.67 as of Feb. 2026, which is 18% below its 10-year median of 2.04. GuruFocus rates LEDS with a GF Score™ of 51/100 and a GF Value™ of $6.01 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 900 Semiconductors companies, SemiLEDs ranks worse than 92% 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 SemiLEDs's Debt-to-Equity or its related term are showing as below:
LEDS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 2.04 Max: 10.87
Current: 1.67
During the past 13 years, the highest Debt-to-Equity Ratio of SemiLEDs was 10.87. The lowest was 0.14. And the median was 2.04.
LEDS's Debt-to-Equity is ranked worse than 92% of 900
companies
in the Semiconductors industry
Industry Median: 0.255
vs LEDS: 1.67
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.
SemiLEDs Debt-to-Equity Related Terms
SemiLEDs Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for SemiLEDs'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.
LEDS vs PRSO, PRKR, GUER: Debt-to-Equity Comparison
For the Semiconductors subindustry, SemiLEDs'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.
SemiLEDs Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SemiLEDs's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SemiLEDs'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.
SemiLEDs (LEDS) has a Debt-to-Equity of 1.67 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SemiLEDs and its competitors. This is 18% below median its historical median of 2.04. Over the past decade, SemiLEDs' Debt-to-Equity has ranged from 0.14 to 10.87. According to the industry distribution chart, SemiLEDs ranks #828 out of 900 companies in the Semiconductors industry, placing it in the top 92%.
Is SemiLEDs' Debt-to-Equity too high?
SemiLEDs' current Debt-to-Equity of 1.67 is 18% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 10.87. The Semiconductors industry median Debt-to-Equity is 0.26. SemiLEDs' value of 1.67 is 554.9% above this industry median. Based on the distribution chart, SemiLEDs ranks #828 out of 900 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SemiLEDs has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Debt-to-Equity compare to PRSO and PRKR?
According to the Semiconductors industry distribution chart, SemiLEDs ranks #828 out of 900 companies for Debt-to-Equity. This places SemiLEDs in the lower half of its industry. The industry median Debt-to-Equity is 0.26. SemiLEDs' value of 1.67 is 554.9% above this benchmark. Historically, SemiLEDs' own Debt-to-Equity has ranged from 0.14 to 10.87 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 0.26, SemiLEDs 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 900 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. SemiLEDs's current Debt-to-Equity of 1.67 is 554.9% 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 SemiLEDs 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. SemiLEDs's current Debt-to-Equity is 1.67, which is 18% below median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (LEDS) is currently considered Possible Value Trap. The stock's GF Value™ is $6.01, compared to a current price of $1.63 — trading 72.9% below its estimated fair value. The current Debt-to-Equity is 1.67, which is 18% below median its 10-year median of 2.04 and 554.9% above the Semiconductors industry median of 0.26. SemiLEDs' overall GF Score™ is 51/100 with 4 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 SemiLEDs (LEDS), the current Debt-to-Equity is 1.67 as of Feb. 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 SemiLEDs (LEDS) Overvalued in 2026?
Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued.
The current stock price of $1.63 is trading 72.9% below its estimated GF Value™ of $6.01.
GuruFocus considers SemiLEDs to be Possible Value Trap.
Key valuation signals for LEDS:
Debt-to-Equity: 1.67 (18% below median its 10-year median of 2.04)
GF Value™: $6.01 vs. price of $1.63 (72.9% below fair value)
Industry Position: 554.9% above the Semiconductors median (#828 of 900)
No single metric tells the full story. See the LEDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
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