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NHK Spring CoNHKGF 72 Debt-to-Equity is 0.15 as of Mar. 2026, which is 17% below its 10-year median of 0.18. GuruFocus rates NHKGF with a GF Score™ of 72/100 and a GF Value™ of $11.34 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,216 Vehicles & Parts companies, NHK Spring Co ranks better than 74.75% 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 NHK Spring Co's Debt-to-Equity or its related term are showing as below:
NHKGF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.18 Max: 0.26
Current: 0.15
During the past 13 years, the highest Debt-to-Equity Ratio of NHK Spring Co was 0.26. The lowest was 0.13. And the median was 0.18.
NHKGF's Debt-to-Equity is ranked better than 74.75% of 1216
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs NHKGF: 0.15
NHK Spring Co (OTCPK:NHKGF) Debt-to-Equity Explanation
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.
NHK Spring Co Debt-to-Equity Related Terms
NHK Spring Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for NHK Spring 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.
For the Auto Parts subindustry, NHK Spring 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.
NHK Spring Co Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NHK Spring 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.
NHK Spring Co (NHKGF) has a Debt-to-Equity of 0.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NHK Spring Co and its competitors. This is 17% below median its historical median of 0.18. Over the past decade, NHK Spring Co's Debt-to-Equity has ranged from 0.13 to 0.26. According to the industry distribution chart, NHK Spring Co ranks #307 out of 1216 companies in the Vehicles & Parts industry, placing it in the top 25.2%.
Is NHK Spring Co's Debt-to-Equity too high?
NHK Spring Co's current Debt-to-Equity of 0.15 is 17% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.26. The Vehicles & Parts industry median Debt-to-Equity is 0.46. NHK Spring Co's value of 0.15 is 67.4% below this industry median. Based on the distribution chart, NHK Spring Co ranks #307 out of 1216 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #307 out of 1216 companies for Debt-to-Equity. This puts NHK Spring Co in the upper half of its industry. The industry median Debt-to-Equity is 0.46. NHK Spring Co's value of 0.15 is 67.4% below this benchmark. Historically, NHK Spring Co's own Debt-to-Equity has ranged from 0.13 to 0.26 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.46, NHK Spring 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,216 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. NHK Spring Co's current Debt-to-Equity of 0.15 is 67.4% 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 NHK Spring Co and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current Debt-to-Equity is 0.15, which is 17% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.34, compared to a current price of $24.51 — trading 116.1% above its estimated fair value. The current Debt-to-Equity is 0.15, which is 17% below median its 10-year median of 0.18 and 67.4% below the Vehicles & Parts industry median of 0.46. NHK Spring Co's overall GF Score™ is 72/100 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 NHK Spring Co (NHKGF), the current Debt-to-Equity is 0.15 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 NHK Spring Co (NHKGF) Overvalued in 2026?
Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued.
The current stock price of $24.51 is trading 116.1% above its estimated GF Value™ of $11.34.
GuruFocus considers NHK Spring Co to be Significantly Overvalued.
Key valuation signals for NHKGF:
Debt-to-Equity: 0.15 (17% below median its 10-year median of 0.18)
GF Value™: $11.34 vs. price of $24.51 (116.1% above fair value)
Industry Position: 67.4% below the Vehicles & Parts median (#307 of 1216)
No single metric tells the full story. See the NHKGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
72GF Score
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