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Tokai Electronics CoNGO:8071 56 Debt-to-Equity is 0.16 as of Mar. 2026, which is 36% below its 10-year median of 0.25. GuruFocus rates NGO:8071 with a GF Score™ of 56/100 and a GF Value™ of 円1,781.38 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,228 Hardware companies, Tokai Electronics Co ranks better than 65.8% 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 Tokai Electronics Co's Debt-to-Equity or its related term are showing as below:
NGO:8071'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.25 Max: 0.31
Current: 0.15
During the past 13 years, the highest Debt-to-Equity Ratio of Tokai Electronics Co was 0.31. The lowest was 0.16. And the median was 0.25.
NGO:8071's Debt-to-Equity is ranked better than 65.8% of 2228
companies
in the Hardware industry
Industry Median: 0.27
vs NGO:8071: 0.15
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.
Tokai Electronics Co Debt-to-Equity Related Terms
Tokai Electronics Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tokai Electronics 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:8071 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Tokai Electronics 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.
Tokai Electronics Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Tokai Electronics Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tokai Electronics 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.
Tokai Electronics Co (NGO:8071) has a Debt-to-Equity of 0.16 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tokai Electronics Co and its competitors. This is 36% below median its historical median of 0.25. Over the past decade, Tokai Electronics Co's Debt-to-Equity has ranged from 0.16 to 0.31. According to the industry distribution chart, Tokai Electronics Co ranks #762 out of 2228 companies in the Hardware industry, placing it in the top 34.2%.
Is Tokai Electronics Co's Debt-to-Equity too high?
Tokai Electronics Co's current Debt-to-Equity of 0.16 is 36% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.31. The Hardware industry median Debt-to-Equity is 0.27. Tokai Electronics Co's value of 0.16 is 40.7% below this industry median. Based on the distribution chart, Tokai Electronics Co ranks #762 out of 2228 companies in the Hardware industry, which is above the industry midpoint. Overall, Tokai Electronics Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Electronics Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Tokai Electronics Co ranks #762 out of 2228 companies for Debt-to-Equity. This puts Tokai Electronics Co in the upper half of its industry. The industry median Debt-to-Equity is 0.27. Tokai Electronics Co's value of 0.16 is 40.7% below this benchmark. Historically, Tokai Electronics Co's own Debt-to-Equity has ranged from 0.16 to 0.31 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.27, Tokai Electronics 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,228 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. Tokai Electronics Co's current Debt-to-Equity of 0.16 is 40.7% 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 Tokai Electronics Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Electronics Co's current Debt-to-Equity is 0.16, which is 36% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Electronics Co (NGO:8071) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,781.38, compared to a current price of 円2,968.00 — trading 66.6% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 36% below median its 10-year median of 0.25 and 40.7% below the Hardware industry median of 0.27. Tokai Electronics Co's overall GF Score™ is 56/100 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 Tokai Electronics Co (NGO:8071), the current Debt-to-Equity is 0.16 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 Tokai Electronics Co (NGO:8071) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Electronics Co stock appears to be overvalued.
The current stock price of 円2,968.00 is trading 66.6% above its estimated GF Value™ of 円1,781.38.
GuruFocus considers Tokai Electronics Co to be Significantly Overvalued.
Key valuation signals for NGO:8071:
Debt-to-Equity: 0.16 (36% below median its 10-year median of 0.25)
GF Value™: 円1,781.38 vs. price of 円2,968.00 (66.6% above fair value)
Industry Position: 40.7% below the Hardware median (#762 of 2228)
No single metric tells the full story. See the NGO:8071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Electronics Co Ltd is engaged in the development, sales, import, and export of electronic devices, semiconductor devices, computer and microcomputer applied systems, and software.
56GF Score
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