TCM Group AS (OCSE:TCM) Debt-to-Equity: 0.57 (As of Mar. 2026) — Near Median

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OCSE:TCM TCM Group AS OCSE:TCM
88 GF Score
Price kr70.00
GF Value kr75.28
Valuation Fairly Valued
! 4 Warning Signs
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What is TCM Group AS Debt-to-Equity?

TCM Group AS OCSE:TCM 88 Debt-to-Equity is 0.57 as of Mar. 2026, which is 4% above its 10-year median of 0.55. GuruFocus rates OCSE:TCM with a GF Score™ of 88/100 and a GF Value™ of kr75.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 381 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks worse than 66.93% on this metric.

TCM Group AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr95 Mil. TCM Group AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr274 Mil. TCM Group AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr643 Mil. TCM Group AS's debt to equity for the quarter that ended in Mar. 2026 was 0.57.

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 TCM Group AS's Debt-to-Equity or its related term are showing as below:

OCSE:TCM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.55   Max: 0.9
Current: 0.57

During the past 12 years, the highest Debt-to-Equity Ratio of TCM Group AS was 0.90. The lowest was 0.15. And the median was 0.55.

OCSE:TCM's Debt-to-Equity is ranked worse than
66.93% of 381 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32 vs OCSE:TCM: 0.57

TCM Group AS  (OCSE:TCM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


TCM Group AS Debt-to-Equity Related Terms


TCM Group AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for TCM Group AS'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.

TCM Group AS Debt-to-Equity Chart

TCM Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.69 0.62 0.52 0.65

TCM Group AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.55 0.57 0.65 0.57

OCSE:TCM vs SN, SGI, MHK: Debt-to-Equity Comparison

For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.


TCM Group AS Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TCM Group AS's Debt-to-Equity falls into.


OCSE:TCM
88GF Score
TCM Group AS OCSE:TCM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM Group AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TCM Group AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

TCM Group AS's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.57 mean?
TCM Group AS (OCSE:TCM) has a Debt-to-Equity of 0.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TCM Group AS and its competitors. This is near median its historical median of 0.55. Over the past decade, TCM Group AS's Debt-to-Equity has ranged from 0.15 to 0.90. According to the industry distribution chart, TCM Group AS ranks #255 out of 381 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 66.9%.
Is TCM Group AS's Debt-to-Equity too high?
TCM Group AS's current Debt-to-Equity of 0.57 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.90. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.32. TCM Group AS's value of 0.57 is 78.1% above this industry median. Based on the distribution chart, TCM Group AS ranks #255 out of 381 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, TCM Group AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Debt-to-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #255 out of 381 companies for Debt-to-Equity. This places TCM Group AS in the lower half of its industry. The industry median Debt-to-Equity is 0.32. TCM Group AS's value of 0.57 is 78.1% above this benchmark. Historically, TCM Group AS's own Debt-to-Equity has ranged from 0.15 to 0.90 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.32, TCM Group AS has consistently been above 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 Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.32, based on 381 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. TCM Group AS's current Debt-to-Equity of 0.57 is 78.1% above 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current Debt-to-Equity is 0.57, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr75.28, compared to a current price of kr70.00 — trading 7% below its estimated fair value. The current Debt-to-Equity is 0.57, which is near median its 10-year median of 0.55 and 78.1% above the Furnishings, Fixtures & Appliances industry median of 0.32. TCM Group AS's overall GF Score™ is 88/100 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 TCM Group AS (OCSE:TCM), the current Debt-to-Equity is 0.57 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?

Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued. The current stock price of kr70.00 is trading 7% below its estimated GF Value™ of kr75.28. GuruFocus considers TCM Group AS to be Fairly Valued.

Key valuation signals for OCSE:TCM:

  • Debt-to-Equity: 0.57 (near median its 10-year median of 0.55)
  • GF Value™: kr75.28 vs. price of kr70.00 (7% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 78.1% above the Furnishings, Fixtures & Appliances median (#255 of 381)

No single metric tells the full story. See the OCSE:TCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCM Group AS Business Description

Other Exchanges 0CUN:UK
Address Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
88GF Score

Get the complete analysis for OCSE:TCM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr70.00
Price
kr75.28
GF Value