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.
LEM HoldingLMHDF 67 Debt-to-Equity is 0.93 as of Mar. 2026, which is 121% above its 10-year median of 0.42. GuruFocus rates LMHDF with a GF Score™ of 67/100 and a GF Value™ of $5,239.80. The stock has 5 warning signs investors should review. Among 2,215 Hardware companies, LEM Holding ranks worse than 83.66% 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 LEM Holding's Debt-to-Equity or its related term are showing as below:
LMHDF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.42 Max: 1.14
Current: 0.93
During the past 13 years, the highest Debt-to-Equity Ratio of LEM Holding was 1.14. The lowest was 0.05. And the median was 0.42.
LMHDF's Debt-to-Equity is ranked worse than 83.66% of 2215
companies
in the Hardware industry
Industry Median: 0.27
vs LMHDF: 0.93
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.
LEM Holding Debt-to-Equity Related Terms
LEM Holding Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for LEM Holding'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 Electronic Components subindustry, LEM Holding'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.
LEM Holding Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, LEM Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where LEM Holding'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.
LEM Holding (LMHDF) has a Debt-to-Equity of 0.93 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on LEM Holding and its competitors. This is 121% above median its historical median of 0.42. Over the past decade, LEM Holding's Debt-to-Equity has ranged from 0.05 to 1.14. According to the industry distribution chart, LEM Holding ranks #1853 out of 2215 companies in the Hardware industry, placing it in the top 83.7%.
Is LEM Holding's Debt-to-Equity too high?
LEM Holding's current Debt-to-Equity of 0.93 is 121% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.14. The Hardware industry median Debt-to-Equity is 0.27. LEM Holding's value of 0.93 is 244.4% above this industry median. Based on the distribution chart, LEM Holding ranks #1853 out of 2215 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LEM Holding has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does LEM Holding's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, LEM Holding ranks #1853 out of 2215 companies for Debt-to-Equity. This places LEM Holding in the lower half of its industry. The industry median Debt-to-Equity is 0.27. LEM Holding's value of 0.93 is 244.4% above this benchmark. Historically, LEM Holding's own Debt-to-Equity has ranged from 0.05 to 1.14 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.27, LEM Holding 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,215 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. LEM Holding's current Debt-to-Equity of 0.93 is 244.4% 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 LEM Holding and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEM Holding's current Debt-to-Equity is 0.93, which is 121% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEM Holding stock overvalued right now?
LEM Holding (LMHDF) has a current Debt-to-Equity of 0.93. The stock's GF Value™ is $5,239.80, compared to a current price of $2,548.66 — trading 51.4% below its estimated fair value. The current Debt-to-Equity is 0.93, which is 121% above median its 10-year median of 0.42 and 244.4% above the Hardware industry median of 0.27. LEM Holding's overall GF Score™ is 67/100 with 5 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 LEM Holding (LMHDF), the current Debt-to-Equity is 0.93 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 LEM Holding (LMHDF) Overvalued in 2026?
Based on GuruFocus' analysis, LEM Holding stock appears to be undervalued.
The current stock price of $2,548.66 is trading 51.4% below its estimated GF Value™ of $5,239.80.
Key valuation signals for LMHDF:
Debt-to-Equity: 0.93 (121% above median its 10-year median of 0.42)
GF Value™: $5,239.80 vs. price of $2,548.66 (51.4% below fair value)
Industry Position: 244.4% above the Hardware median (#1853 of 2215)
No single metric tells the full story. See the LMHDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEM Holding SA develops electrical measurement solutions for energy and mobility applications. Its products are used in customer systems for measurement, monitoring, and control purposes. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The company's operations are organized in two reportable segments, namely, i) Region of Asia which includes China, Japan, South Korea, India, Southeast Asia; ii) Region of Europe/Americas which includes Europe, the Middle East, Africa, NAFTA and Latin America. The majority of revenue is derived from the Asia segment.
67GF Score
Get the complete analysis for LMHDF
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
LMHDF has been successfully added to your 
