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Golf Do CoNGO:3032 58 Debt-to-Equity is 2.06 as of Mar. 2026, which is 5% below its 10-year median of 2.17. GuruFocus rates NGO:3032 with a GF Score™ of 58/100 and a GF Value™ of 円212.89 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,009 Retail - Cyclical companies, Golf Do Co ranks worse than 87.71% 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 Golf Do Co's Debt-to-Equity or its related term are showing as below:
NGO:3032'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.63 Med: 2.17 Max: 4.53
Current: 2.06
During the past 13 years, the highest Debt-to-Equity Ratio of Golf Do Co was 4.53. The lowest was 1.63. And the median was 2.17.
NGO:3032's Debt-to-Equity is ranked worse than 87.71% of 1009
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs NGO:3032: 2.06
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.
Golf Do Co Debt-to-Equity Related Terms
Golf Do Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Golf Do 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:3032 vs CASY, WSM, ULTA: Debt-to-Equity Comparison
For the Specialty Retail subindustry, Golf Do 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.
Golf Do Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Do Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Golf Do 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.
Golf Do Co (NGO:3032) has a Debt-to-Equity of 2.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Golf Do Co and its competitors. This is near median its historical median of 2.17. Over the past decade, Golf Do Co's Debt-to-Equity has ranged from 1.63 to 4.53. According to the industry distribution chart, Golf Do Co ranks #885 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 87.7%.
Is Golf Do Co's Debt-to-Equity too high?
Golf Do Co's current Debt-to-Equity of 2.06 is near median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 4.53. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Golf Do Co's value of 2.06 is 267.9% above this industry median. Based on the distribution chart, Golf Do Co ranks #885 out of 1009 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Golf Do Co has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golf Do Co's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Golf Do Co ranks #885 out of 1009 companies for Debt-to-Equity. This places Golf Do Co in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Golf Do Co's value of 2.06 is 267.9% above this benchmark. Historically, Golf Do Co's own Debt-to-Equity has ranged from 1.63 to 4.53 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 0.56, Golf Do 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 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. Golf Do Co's current Debt-to-Equity of 2.06 is 267.9% 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 Golf Do 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. Golf Do Co's current Debt-to-Equity is 2.06, which is near median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golf Do Co stock overvalued right now?
Based on GuruFocus' analysis, Golf Do Co (NGO:3032) is currently considered Modestly Overvalued. The stock's GF Value™ is 円212.89, compared to a current price of 円242.00 — trading 13.7% above its estimated fair value. The current Debt-to-Equity is 2.06, which is near median its 10-year median of 2.17 and 267.9% above the Retail - Cyclical industry median of 0.56. Golf Do Co's overall GF Score™ is 58/100 with 6 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 Golf Do Co (NGO:3032), the current Debt-to-Equity is 2.06 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 Golf Do Co (NGO:3032) Overvalued in 2026?
Based on GuruFocus' analysis, Golf Do Co stock appears to be overvalued.
The current stock price of 円242.00 is trading 13.7% above its estimated GF Value™ of 円212.89.
GuruFocus considers Golf Do Co to be Modestly Overvalued.
Key valuation signals for NGO:3032:
Debt-to-Equity: 2.06 (near median its 10-year median of 2.17)
GF Value™: 円212.89 vs. price of 円242.00 (13.7% above fair value)
Industry Position: 267.9% above the Retail - Cyclical median (#885 of 1009)
No single metric tells the full story. See the NGO:3032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golf Do Co Ltd is engaged in the operation of direct and franchised chain stores that buy and sell second-hand clubs. Its products include new and second-hand golf clubs, golf goods, such as golf balls, caddy bags. It also provides free rental from the abundant clubs at the shop during lessons.
58GF Score
Get the complete analysis for NGO:3032
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