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Triumph New Energy CoLUOYF -21.62%35 Debt-to-Equity is 2.41 as of Mar. 2026, which is 99% above its 10-year median of 1.21. GuruFocus rates LUOYF with a GF Score™ of 35/100 and a GF Value™ of $0.48 (Fairly Valued). The stock has 7 warning signs investors should review. Among 365 Building Materials companies, Triumph New Energy Co ranks worse than 96.71% 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 Triumph New Energy Co's Debt-to-Equity or its related term are showing as below:
LUOYF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 1.21 Max: 2.41
Current: 2.41
During the past 13 years, the highest Debt-to-Equity Ratio of Triumph New Energy Co was 2.41. The lowest was 0.57. And the median was 1.21.
LUOYF's Debt-to-Equity is ranked worse than 96.71% of 365
companies
in the Building Materials industry
Industry Median: 0.36
vs LUOYF: 2.41
Triumph New Energy Co (OTCPK:LUOYF) Debt-to-Equity Explanation
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.
Triumph New Energy Co Debt-to-Equity Related Terms
Triumph New Energy Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Triumph New Energy 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 Building Materials subindustry, Triumph New Energy 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.
Triumph New Energy Co Debt-to-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Triumph New Energy Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Triumph New Energy 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.
Triumph New Energy Co (LUOYF) has a Debt-to-Equity of 2.41 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Triumph New Energy Co and its competitors. This is 99% above median its historical median of 1.21. Over the past decade, Triumph New Energy Co's Debt-to-Equity has ranged from 0.57 to 2.41. According to the industry distribution chart, Triumph New Energy Co ranks #353 out of 365 companies in the Building Materials industry, placing it in the top 96.7%.
Is Triumph New Energy Co's Debt-to-Equity too high?
Triumph New Energy Co's current Debt-to-Equity of 2.41 is 99% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.41. The Building Materials industry median Debt-to-Equity is 0.36. Triumph New Energy Co's value of 2.41 is 569.4% above this industry median. Based on the distribution chart, Triumph New Energy Co ranks #353 out of 365 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Triumph New Energy Co has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Triumph New Energy Co's Debt-to-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Triumph New Energy Co ranks #353 out of 365 companies for Debt-to-Equity. This places Triumph New Energy Co in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Triumph New Energy Co's value of 2.41 is 569.4% above this benchmark. Historically, Triumph New Energy Co's own Debt-to-Equity has ranged from 0.57 to 2.41 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.36, Triumph New Energy 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.36, based on 365 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. Triumph New Energy Co's current Debt-to-Equity of 2.41 is 569.4% 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 Triumph New Energy Co and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triumph New Energy Co's current Debt-to-Equity is 2.41, which is 99% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triumph New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Triumph New Energy Co (LUOYF) is currently considered Fairly Valued. The stock's GF Value™ is $0.48, compared to a current price of $0.46 — trading 4.7% below its estimated fair value. The current Debt-to-Equity is 2.41, which is 99% above median its 10-year median of 1.21 and 569.4% above the Building Materials industry median of 0.36. Triumph New Energy Co's overall GF Score™ is 35/100 with 7 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 Triumph New Energy Co (LUOYF), the current Debt-to-Equity is 2.41 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 Triumph New Energy Co (LUOYF) Overvalued in 2026?
Based on GuruFocus' analysis, Triumph New Energy Co stock appears to be undervalued.
The current stock price of $0.46 is trading 4.7% below its estimated GF Value™ of $0.48.
GuruFocus considers Triumph New Energy Co to be Fairly Valued.
Key valuation signals for LUOYF:
Debt-to-Equity: 2.41 (99% above median its 10-year median of 1.21)
GF Value™: $0.48 vs. price of $0.46 (4.7% below fair value)
Industry Position: 569.4% above the Building Materials median (#353 of 365)
No single metric tells the full story. See the LUOYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triumph New Energy Co Ltd is a glass manufacturing enterprise, which is mainly engaged in the production and sales of new energy glass and other functional glass. Its scope of business includes manufacturing and sales of photovoltaic equipment and components; manufacturing of glass; manufacturing of non-metallic mineral products; sales of non-metallic minerals and its products; manufacturing and sales of technical glass products; technical services for solar power generation; research and development of new materials technology and emerging energy technologies; manufacturing of machinery for the production of building materials; procurement and agency services; technical services, technical development, technical consultation, technical exchange, technology transfer, technology promotion.
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