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Newegg CommerceNEGG -0.43%58 Debt-to-Equity is 0.39 as of Dec. 2025, which is 36% below its 10-year median of 0.61. GuruFocus rates NEGG with a GF Score™ of 58/100 and a GF Value™ of $16.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,021 Retail - Cyclical companies, Newegg Commerce ranks better than 61.41% 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 Newegg Commerce's Debt-to-Equity or its related term are showing as below:
NEGG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.61 Max: 0.7
Current: 0.39
During the past 7 years, the highest Debt-to-Equity Ratio of Newegg Commerce was 0.70. The lowest was 0.39. And the median was 0.61.
NEGG's Debt-to-Equity is ranked better than 61.41% of 1021
companies
in the Retail - Cyclical industry
Industry Median: 0.57
vs NEGG: 0.39
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.
Newegg Commerce Debt-to-Equity Related Terms
Newegg Commerce Debt-to-Equity Historical Data
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The historical data trend for Newegg Commerce'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.
NEGG vs ZHJD, LOGC, BZUN: Debt-to-Equity Comparison
For the Internet Retail subindustry, Newegg Commerce'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.
Newegg Commerce Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Newegg Commerce's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Newegg Commerce'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.
Newegg Commerce (NEGG) has a Debt-to-Equity of 0.39 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Newegg Commerce and its competitors. This is 36% below median its historical median of 0.61. Over the past decade, Newegg Commerce's Debt-to-Equity has ranged from 0.39 to 0.70. According to the industry distribution chart, Newegg Commerce ranks #394 out of 1021 companies in the Retail - Cyclical industry, placing it in the top 38.6%.
Is Newegg Commerce's Debt-to-Equity too high?
Newegg Commerce's current Debt-to-Equity of 0.39 is 36% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.70. The Retail - Cyclical industry median Debt-to-Equity is 0.57. Newegg Commerce's value of 0.39 is 31.6% below this industry median. Based on the distribution chart, Newegg Commerce ranks #394 out of 1021 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Newegg Commerce has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newegg Commerce's Debt-to-Equity compare to ZHJD and LOGC?
According to the Retail - Cyclical industry distribution chart, Newegg Commerce ranks #394 out of 1021 companies for Debt-to-Equity. This puts Newegg Commerce in the upper half of its industry. The industry median Debt-to-Equity is 0.57. Newegg Commerce's value of 0.39 is 31.6% below this benchmark. Historically, Newegg Commerce's own Debt-to-Equity has ranged from 0.39 to 0.70 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.57, Newegg Commerce has consistently been below 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.57, based on 1,021 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. Newegg Commerce's current Debt-to-Equity of 0.39 is 31.6% below 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 Newegg Commerce and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newegg Commerce's current Debt-to-Equity is 0.39, which is 36% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newegg Commerce stock overvalued right now?
Based on GuruFocus' analysis, Newegg Commerce (NEGG) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.27, compared to a current price of $18.65 — trading 14.6% above its estimated fair value. The current Debt-to-Equity is 0.39, which is 36% below median its 10-year median of 0.61 and 31.6% below the Retail - Cyclical industry median of 0.57. Newegg Commerce's overall GF Score™ is 58/100 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 Newegg Commerce (NEGG), the current Debt-to-Equity is 0.39 as of Dec. 2025. 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 Newegg Commerce (NEGG) Overvalued in 2026?
Based on GuruFocus' analysis, Newegg Commerce stock appears to be overvalued.
The current stock price of $18.65 is trading 14.6% above its estimated GF Value™ of $16.27.
GuruFocus considers Newegg Commerce to be Modestly Overvalued.
Key valuation signals for NEGG:
Debt-to-Equity: 0.39 (36% below median its 10-year median of 0.61)
GF Value™: $16.27 vs. price of $18.65 (14.6% above fair value)
Industry Position: 31.6% below the Retail - Cyclical median (#394 of 1021)
No single metric tells the full story. See the NEGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home, and gaming products, and provides certain third-party logistics services globally. Geographically, it operates in the United States, Canada, and the Rest of the world.
58GF Score
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