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Alpen CoNGO:3028 69 Debt-to-Equity is 0.19 as of Mar. 2026, which is 36% above its 10-year median of 0.14. GuruFocus rates NGO:3028 with a GF Score™ of 69/100 and a GF Value™ of 円2,019.34. The stock has 4 warning signs investors should review. Among 1,009 Retail - Cyclical companies, Alpen Co ranks better than 85.83% 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 Alpen Co's Debt-to-Equity or its related term are showing as below:
NGO:3028'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 0.32
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of Alpen Co was 0.32. The lowest was 0.05. And the median was 0.14.
NGO:3028's Debt-to-Equity is ranked better than 85.83% of 1009
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs NGO:3028: 0.11
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.
Alpen Co Debt-to-Equity Related Terms
Alpen Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Alpen 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.
NGO:3028 vs CASY, WSM, ULTA: Debt-to-Equity Comparison
For the Specialty Retail subindustry, Alpen 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.
Alpen Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alpen Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Alpen 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.
Alpen Co (NGO:3028) has a Debt-to-Equity of 0.19 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alpen Co and its competitors. This is 36% above median its historical median of 0.14. Over the past decade, Alpen Co's Debt-to-Equity has ranged from 0.05 to 0.32. According to the industry distribution chart, Alpen Co ranks #143 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 14.2%.
Is Alpen Co's Debt-to-Equity too high?
Alpen Co's current Debt-to-Equity of 0.19 is 36% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.32. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Alpen Co's value of 0.19 is 66.1% below this industry median. Based on the distribution chart, Alpen Co ranks #143 out of 1009 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Alpen Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Alpen Co's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alpen Co ranks #143 out of 1009 companies for Debt-to-Equity. This places Alpen Co in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.56. Alpen Co's value of 0.19 is 66.1% below this benchmark. Historically, Alpen Co's own Debt-to-Equity has ranged from 0.05 to 0.32 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.56, Alpen Co 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 0.56, based on 1,009 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. Alpen Co's current Debt-to-Equity of 0.19 is 66.1% 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 Alpen Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpen Co's current Debt-to-Equity is 0.19, which is 36% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpen Co stock overvalued right now?
Alpen Co (NGO:3028) has a current Debt-to-Equity of 0.19. The stock's GF Value™ is 円2,019.34, compared to a current price of 円2,005.00 — trading 0.7% below its estimated fair value. The current Debt-to-Equity is 0.19, which is 36% above median its 10-year median of 0.14 and 66.1% below the Retail - Cyclical industry median of 0.56. Alpen Co's overall GF Score™ is 69/100 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 Alpen Co (NGO:3028), the current Debt-to-Equity is 0.19 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 Alpen Co (NGO:3028) Overvalued in 2026?
Based on GuruFocus' analysis, Alpen Co stock appears to be undervalued.
The current stock price of 円2,005.00 is trading 0.7% below its estimated GF Value™ of 円2,019.34.
Key valuation signals for NGO:3028:
Debt-to-Equity: 0.19 (36% above median its 10-year median of 0.14)
GF Value™: 円2,019.34 vs. price of 円2,005.00 (0.7% below fair value)
Industry Position: 66.1% below the Retail - Cyclical median (#143 of 1009)
No single metric tells the full story. See the NGO:3028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.
69GF Score
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