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Nitto Seimo CoNGO:3524 61 Debt-to-Equity is 2.17 as of Apr. 2026, which is 7% above its 10-year median of 2.02. GuruFocus rates NGO:3524 with a GF Score™ of 61/100 and a GF Value™ of 円1,577.75. The stock has 7 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Nitto Seimo Co ranks worse than 92.7% 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 Nitto Seimo Co's Debt-to-Equity or its related term are showing as below:
NGO:3524'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.54 Med: 2.02 Max: 2.43
Current: 2.17
During the past 13 years, the highest Debt-to-Equity Ratio of Nitto Seimo Co was 2.43. The lowest was 1.54. And the median was 2.02.
NGO:3524's Debt-to-Equity is ranked worse than 92.7% of 931
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs NGO:3524: 2.17
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.
Nitto Seimo Co Debt-to-Equity Related Terms
Nitto Seimo Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nitto Seimo 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.
Nitto Seimo Co Debt-to-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Nitto Seimo 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.
Nitto Seimo Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Seimo Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nitto Seimo 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.
Nitto Seimo Co (NGO:3524) has a Debt-to-Equity of 2.17 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nitto Seimo Co and its competitors. This is near median its historical median of 2.02. Over the past decade, Nitto Seimo Co's Debt-to-Equity has ranged from 1.54 to 2.43. According to the industry distribution chart, Nitto Seimo Co ranks #863 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.7%.
Is Nitto Seimo Co's Debt-to-Equity too high?
Nitto Seimo Co's current Debt-to-Equity of 2.17 is near median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 2.43. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Nitto Seimo Co's value of 2.17 is 429.3% above this industry median. Based on the distribution chart, Nitto Seimo Co ranks #863 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Nitto Seimo Co has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Nitto Seimo Co's Debt-to-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitto Seimo Co ranks #863 out of 931 companies for Debt-to-Equity. This places Nitto Seimo Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Nitto Seimo Co's value of 2.17 is 429.3% above this benchmark. Historically, Nitto Seimo Co's own Debt-to-Equity has ranged from 1.54 to 2.43 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 0.41, Nitto Seimo 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 931 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. Nitto Seimo Co's current Debt-to-Equity of 2.17 is 429.3% 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 Nitto Seimo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Seimo Co's current Debt-to-Equity is 2.17, which is near median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Seimo Co stock overvalued right now?
Nitto Seimo Co (NGO:3524) has a current Debt-to-Equity of 2.17. The stock's GF Value™ is 円1,577.75, compared to a current price of 円1,472.00 — trading 6.7% below its estimated fair value. The current Debt-to-Equity is 2.17, which is near median its 10-year median of 2.02 and 429.3% above the Manufacturing - Apparel & Accessories industry median of 0.41. Nitto Seimo Co's overall GF Score™ is 61/100 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 Nitto Seimo Co (NGO:3524), the current Debt-to-Equity is 2.17 as of Apr. 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 Nitto Seimo Co (NGO:3524) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Seimo Co stock appears to be undervalued.
The current stock price of 円1,472.00 is trading 6.7% below its estimated GF Value™ of 円1,577.75.
Key valuation signals for NGO:3524:
Debt-to-Equity: 2.17 (near median its 10-year median of 2.02)
GF Value™: 円1,577.75 vs. price of 円1,472.00 (6.7% below fair value)
Industry Position: 429.3% above the Manufacturing - Apparel & Accessories median (#863 of 931)
No single metric tells the full story. See the NGO:3524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.
61GF Score
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