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Nippon Electric Glass CoNPEGF -11.60%79 Debt-to-Equity is 0.20 as of Mar. 2026, which is 5% below its 10-year median of 0.21. GuruFocus rates NPEGF with a GF Score™ of 79/100 and a GF Value™ of $28.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,218 Hardware companies, Nippon Electric Glass Co ranks better than 64.2% 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 Nippon Electric Glass Co's Debt-to-Equity or its related term are showing as below:
NPEGF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.21 Max: 0.25
Current: 0.16
During the past 13 years, the highest Debt-to-Equity Ratio of Nippon Electric Glass Co was 0.25. The lowest was 0.17. And the median was 0.21.
NPEGF's Debt-to-Equity is ranked better than 64.2% of 2218
companies
in the Hardware industry
Industry Median: 0.28
vs NPEGF: 0.16
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.
Nippon Electric Glass Co Debt-to-Equity Related Terms
Nippon Electric Glass Co Debt-to-Equity Historical Data
* 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 Electronic Components subindustry, Nippon Electric Glass 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.
Nippon Electric Glass Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nippon Electric Glass Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Electric Glass 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.
Nippon Electric Glass Co (NPEGF) has a Debt-to-Equity of 0.20 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nippon Electric Glass Co and its competitors. This is near median its historical median of 0.21. Over the past decade, Nippon Electric Glass Co's Debt-to-Equity has ranged from 0.17 to 0.25. According to the industry distribution chart, Nippon Electric Glass Co ranks #794 out of 2218 companies in the Hardware industry, placing it in the top 35.8%.
Is Nippon Electric Glass Co's Debt-to-Equity too high?
Nippon Electric Glass Co's current Debt-to-Equity of 0.20 is near median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.25. The Hardware industry median Debt-to-Equity is 0.28. Nippon Electric Glass Co's value of 0.20 is 28.6% below this industry median. Based on the distribution chart, Nippon Electric Glass Co ranks #794 out of 2218 companies in the Hardware industry, which is above the industry midpoint. Overall, Nippon Electric Glass Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Electric Glass Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Nippon Electric Glass Co ranks #794 out of 2218 companies for Debt-to-Equity. This puts Nippon Electric Glass Co in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Nippon Electric Glass Co's value of 0.20 is 28.6% below this benchmark. Historically, Nippon Electric Glass Co's own Debt-to-Equity has ranged from 0.17 to 0.25 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.28, Nippon Electric Glass 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 0.28, based on 2,218 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. Nippon Electric Glass Co's current Debt-to-Equity of 0.20 is 28.6% 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 Nippon Electric Glass Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Electric Glass Co's current Debt-to-Equity is 0.20, which is near median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Electric Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Electric Glass Co (NPEGF) is currently considered Fairly Valued. The stock's GF Value™ is $28.41, compared to a current price of $31.10 — trading 9.5% above its estimated fair value. The current Debt-to-Equity is 0.20, which is near median its 10-year median of 0.21 and 28.6% below the Hardware industry median of 0.28. Nippon Electric Glass Co's overall GF Score™ is 79/100 with 3 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 Nippon Electric Glass Co (NPEGF), the current Debt-to-Equity is 0.20 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 Nippon Electric Glass Co (NPEGF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Electric Glass Co stock appears to be overvalued.
The current stock price of $31.10 is trading 9.5% above its estimated GF Value™ of $28.41.
GuruFocus considers Nippon Electric Glass Co to be Fairly Valued.
Key valuation signals for NPEGF:
Debt-to-Equity: 0.20 (near median its 10-year median of 0.21)
GF Value™: $28.41 vs. price of $31.10 (9.5% above fair value)
Industry Position: 28.6% below the Hardware median (#794 of 2218)
No single metric tells the full story. See the NPEGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Electric Glass Co Ltd is in the business of the production and sale of glass products and glassmaking machinery. Its business is divided into two categories: Electronics and Information Technology, and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber, and building materials. The company generates the majority of its sales from the electronics and information technology category.
79GF Score
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