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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Foce IndiaNSE:FOCE 79 Debt-to-Equity is 0.50 as of Sep. 2025, which is 47% above its 10-year median of 0.34. GuruFocus rates NSE:FOCE with a GF Score™ of 79/100 and a GF Value™ of ₹746.02 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,007 Retail - Cyclical companies, Foce India ranks better than 53.92% 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 Foce India's Debt-to-Equity or its related term are showing as below:
NSE:FOCE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: 0.5
Current: 0.5
During the past 7 years, the highest Debt-to-Equity Ratio of Foce India was 0.50. The lowest was 0.02. And the median was 0.34.
NSE:FOCE's Debt-to-Equity is ranked better than 53.92% of 1007
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs NSE:FOCE: 0.50
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.
Foce India Debt-to-Equity Related Terms
Foce India Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Foce India'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 Luxury Goods subindustry, Foce India'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.
Foce India Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Foce India'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.
Foce India (NSE:FOCE) has a Debt-to-Equity of 0.50 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Foce India and its competitors. This is 47% above median its historical median of 0.34. Over the past decade, Foce India's Debt-to-Equity has ranged from 0.02 to 0.50. According to the industry distribution chart, Foce India ranks #464 out of 1007 companies in the Retail - Cyclical industry, placing it in the top 46.1%.
Is Foce India's Debt-to-Equity too high?
Foce India's current Debt-to-Equity of 0.50 is 47% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.50. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Foce India's value of 0.50 is 10.7% below this industry median. Based on the distribution chart, Foce India ranks #464 out of 1007 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Foce India has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's Debt-to-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Foce India ranks #464 out of 1007 companies for Debt-to-Equity. This puts Foce India in the upper half of its industry. The industry median Debt-to-Equity is 0.56. Foce India's value of 0.50 is 10.7% below this benchmark. Historically, Foce India's own Debt-to-Equity has ranged from 0.02 to 0.50 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.56, Foce India 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,007 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. Foce India's current Debt-to-Equity of 0.50 is 10.7% 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 Foce India and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foce India's current Debt-to-Equity is 0.50, which is 47% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹746.02, compared to a current price of ₹487.00 — trading 34.7% below its estimated fair value. The current Debt-to-Equity is 0.50, which is 47% above median its 10-year median of 0.34 and 10.7% below the Retail - Cyclical industry median of 0.56. Foce India's overall GF Score™ is 79/100 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 Foce India (NSE:FOCE), the current Debt-to-Equity is 0.50 as of Sep. 2025. 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 Foce India (NSE:FOCE) Overvalued in 2026?
Based on GuruFocus' analysis, Foce India stock appears to be undervalued.
The current stock price of ₹487.00 is trading 34.7% below its estimated GF Value™ of ₹746.02.
GuruFocus considers Foce India to be Significantly Undervalued.
Key valuation signals for NSE:FOCE:
Debt-to-Equity: 0.50 (47% above median its 10-year median of 0.34)
GF Value™: ₹746.02 vs. price of ₹487.00 (34.7% below fair value)
Industry Position: 10.7% below the Retail - Cyclical median (#464 of 1007)
No single metric tells the full story. See the NSE:FOCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
79GF Score
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