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Nocopi TechnologiesNNUP 69 Debt-to-Equity is 0.04 as of Jun. 2026, which is 33% above its 10-year median of 0.03. GuruFocus rates NNUP with a GF Score™ of 69/100 and a GF Value™ of $1.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,422 Chemicals companies, Nocopi Technologies ranks better than 88.82% 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 Nocopi Technologies's Debt-to-Equity or its related term are showing as below:
NNUP'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.65 Med: 0.03 Max: 2.21
Current: 0.04
During the past 13 years, the highest Debt-to-Equity Ratio of Nocopi Technologies was 2.21. The lowest was -2.65. And the median was 0.03.
NNUP's Debt-to-Equity is ranked better than 88.82% of 1422
companies
in the Chemicals industry
Industry Median: 0.37
vs NNUP: 0.04
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.
Nocopi Technologies Debt-to-Equity Related Terms
Nocopi Technologies Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nocopi Technologies'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.
NNUP vs LOOP, BON, BLGO: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Nocopi Technologies'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.
Nocopi Technologies Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nocopi Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nocopi Technologies'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.
Nocopi Technologies (NNUP) has a Debt-to-Equity of 0.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nocopi Technologies and its competitors. This is 33% above median its historical median of 0.03. According to the industry distribution chart, Nocopi Technologies ranks #159 out of 1422 companies in the Chemicals industry, placing it in the top 11.2%.
Is Nocopi Technologies' Debt-to-Equity too high?
Nocopi Technologies' current Debt-to-Equity of 0.04 is 33% above median its 10-year median of 0.03. The Chemicals industry median Debt-to-Equity is 0.37. Nocopi Technologies' value of 0.04 is 89.2% below this industry median. Based on the distribution chart, Nocopi Technologies ranks #159 out of 1422 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nocopi Technologies has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nocopi Technologies' Debt-to-Equity compare to LOOP and BON?
According to the Chemicals industry distribution chart, Nocopi Technologies ranks #159 out of 1422 companies for Debt-to-Equity. This places Nocopi Technologies in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.37. Nocopi Technologies' value of 0.04 is 89.2% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.37, Nocopi Technologies 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.37, based on 1,422 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. Nocopi Technologies's current Debt-to-Equity of 0.04 is 89.2% 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 Nocopi Technologies and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nocopi Technologies's current Debt-to-Equity is 0.04, which is 33% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nocopi Technologies stock overvalued right now?
Based on GuruFocus' analysis, Nocopi Technologies (NNUP) is currently considered Fairly Valued. The stock's GF Value™ is $1.64, compared to a current price of $1.70 — trading 3.7% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 33% above median its 10-year median of 0.03 and 89.2% below the Chemicals industry median of 0.37. Nocopi Technologies' overall GF Score™ is 69/100 with 4 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 Nocopi Technologies (NNUP), the current Debt-to-Equity is 0.04 as of Jun. 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 Nocopi Technologies (NNUP) Overvalued in 2026?
Based on GuruFocus' analysis, Nocopi Technologies stock appears to be overvalued.
The current stock price of $1.70 is trading 3.7% above its estimated GF Value™ of $1.64.
GuruFocus considers Nocopi Technologies to be Fairly Valued.
Key valuation signals for NNUP:
Debt-to-Equity: 0.04 (33% above median its 10-year median of 0.03)
GF Value™: $1.64 vs. price of $1.70 (3.7% above fair value)
Industry Position: 89.2% below the Chemicals median (#159 of 1422)
No single metric tells the full story. See the NNUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nocopi Technologies Inc develops and markets specialty reactive inks. The main business activities of the company are the development and distribution of document security products and the licensing of its patented reactive ink technologies for the entertainment toy and document and product authentication markets in the United States and foreign countries. The primary geographic markets of the company are North America, South America, Europe, Asia, and Australia. Geographically, the company generates maximum revenue from Asia.
69GF Score
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