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OkumaNGO:6103 89 Debt-to-Equity is 0.10 as of Mar. 2026, which is 150% above its 10-year median of 0.04. GuruFocus rates NGO:6103 with a GF Score™ of 89/100 and a GF Value™ of 円2,821.62. The stock has 1 warning sign investors should review. Among 2,688 Industrial Products companies, Okuma ranks better than 74.37% 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 Okuma's Debt-to-Equity or its related term are showing as below:
NGO:6103'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.1
Current: 0.1
During the past 13 years, the highest Debt-to-Equity Ratio of Okuma was 0.10. The lowest was 0.02. And the median was 0.04.
NGO:6103's Debt-to-Equity is ranked better than 74.37% of 2688
companies
in the Industrial Products industry
Industry Median: 0.29
vs NGO:6103: 0.10
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.
Okuma Debt-to-Equity Related Terms
Okuma Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Okuma'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:6103 vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, Okuma'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.
Okuma Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Okuma's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Okuma'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.
Okuma (NGO:6103) has a Debt-to-Equity of 0.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Okuma and its competitors. This is 150% above median its historical median of 0.04. Over the past decade, Okuma's Debt-to-Equity has ranged from 0.02 to 0.10. According to the industry distribution chart, Okuma ranks #689 out of 2688 companies in the Industrial Products industry, placing it in the top 25.6%.
Is Okuma's Debt-to-Equity too high?
Okuma's current Debt-to-Equity of 0.10 is 150% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.10. The Industrial Products industry median Debt-to-Equity is 0.29. Okuma's value of 0.10 is 65.5% below this industry median. Based on the distribution chart, Okuma ranks #689 out of 2688 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Okuma has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Okuma's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Okuma ranks #689 out of 2688 companies for Debt-to-Equity. This puts Okuma in the upper half of its industry. The industry median Debt-to-Equity is 0.29. Okuma's value of 0.10 is 65.5% below this benchmark. Historically, Okuma's own Debt-to-Equity has ranged from 0.02 to 0.10 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.29, Okuma 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,688 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. Okuma's current Debt-to-Equity of 0.10 is 65.5% 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 Okuma and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okuma's current Debt-to-Equity is 0.10, which is 150% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okuma stock overvalued right now?
Okuma (NGO:6103) has a current Debt-to-Equity of 0.10. The stock's GF Value™ is 円2,821.62, compared to a current price of 円3,525.00 — trading 24.9% above its estimated fair value. The current Debt-to-Equity is 0.10, which is 150% above median its 10-year median of 0.04 and 65.5% below the Industrial Products industry median of 0.29. Okuma's overall GF Score™ is 89/100 with 1 warning sign 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 Okuma (NGO:6103), the current Debt-to-Equity is 0.10 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 Okuma (NGO:6103) Overvalued in 2026?
Based on GuruFocus' analysis, Okuma stock appears to be overvalued.
The current stock price of 円3,525.00 is trading 24.9% above its estimated GF Value™ of 円2,821.62.
Key valuation signals for NGO:6103:
Debt-to-Equity: 0.10 (150% above median its 10-year median of 0.04)
GF Value™: 円2,821.62 vs. price of 円3,525.00 (24.9% above fair value)
Industry Position: 65.5% below the Industrial Products median (#689 of 2688)
No single metric tells the full story. See the NGO:6103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okuma Corp is a Japan-based company that manufactures machine tools. The company's product portfolio comprises CNC lathes, aluminum wheel applications, horizontal multitasking machines, machining centers, and so on. In addition, the company provides other solutions including applications, system technologies, aftersales services, and others. The company has a number of subsidiaries overseas, including Okuma America Corp. (America), Okuma Europe GmbH (Germany), Okuma Machine Tool (Shanghai) Co., Ltd (China), BYJC Okuma (Beijing) Machine Tool Co., Ltd (China) and Tatung-Okuma Co., Ltd (Taiwan). In the domestic market, the company primarily operates through Nippon Seiki Shokai and Okuma Kosan Corp. The company generates around half of its revenue from overseas markets.
89GF Score
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