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Erayak Power Solution GroupRAYA -2.44%54 Debt-to-Equity is 0.35 as of Dec. 2025, which is 38% below its 10-year median of 0.56. GuruFocus rates RAYA with a GF Score™ of 54/100 and a GF Value™ of $2,159.19 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,679 Industrial Products companies, Erayak Power Solution Group ranks worse than 56.22% 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 Erayak Power Solution Group's Debt-to-Equity or its related term are showing as below:
RAYA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.56 Max: 8.87
Current: 0.35
During the past 7 years, the highest Debt-to-Equity Ratio of Erayak Power Solution Group was 8.87. The lowest was 0.11. And the median was 0.56.
RAYA's Debt-to-Equity is ranked worse than 56.22% of 2679
companies
in the Industrial Products industry
Industry Median: 0.28
vs RAYA: 0.35
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.
Erayak Power Solution Group Debt-to-Equity Related Terms
Erayak Power Solution Group 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.
RAYA vs ELPW, KRFG, CCTG: Debt-to-Equity Comparison
For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group'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.
Erayak Power Solution Group Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Erayak Power Solution Group'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.
Erayak Power Solution Group (RAYA) has a Debt-to-Equity of 0.35 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Erayak Power Solution Group and its competitors. This is 38% below median its historical median of 0.56. Over the past decade, Erayak Power Solution Group's Debt-to-Equity has ranged from 0.11 to 8.87. According to the industry distribution chart, Erayak Power Solution Group ranks #1506 out of 2679 companies in the Industrial Products industry, placing it in the top 56.2%.
Is Erayak Power Solution Group's Debt-to-Equity too high?
Erayak Power Solution Group's current Debt-to-Equity of 0.35 is 38% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 8.87. The Industrial Products industry median Debt-to-Equity is 0.28. Erayak Power Solution Group's value of 0.35 is 25% above this industry median. Based on the distribution chart, Erayak Power Solution Group ranks #1506 out of 2679 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Erayak Power Solution Group has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erayak Power Solution Group's Debt-to-Equity compare to ELPW and KRFG?
According to the Industrial Products industry distribution chart, Erayak Power Solution Group ranks #1506 out of 2679 companies for Debt-to-Equity. This places Erayak Power Solution Group in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Erayak Power Solution Group's value of 0.35 is 25% above this benchmark. Historically, Erayak Power Solution Group's own Debt-to-Equity has ranged from 0.11 to 8.87 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.28, Erayak Power Solution Group 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 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. Erayak Power Solution Group's current Debt-to-Equity of 0.35 is 25% 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 Erayak Power Solution Group and its competitors. For the Industrial Products 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. Erayak Power Solution Group's current Debt-to-Equity is 0.35, which is 38% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erayak Power Solution Group stock overvalued right now?
Based on GuruFocus' analysis, Erayak Power Solution Group (RAYA) is currently considered Possible Value Trap. The stock's GF Value™ is $2,159.19, compared to a current price of $2.40 — trading 99.9% below its estimated fair value. The current Debt-to-Equity is 0.35, which is 38% below median its 10-year median of 0.56 and 25% above the Industrial Products industry median of 0.28. Erayak Power Solution Group's overall GF Score™ is 54/100 with 8 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 Erayak Power Solution Group (RAYA), the current Debt-to-Equity is 0.35 as of Dec. 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 Erayak Power Solution Group (RAYA) Overvalued in 2026?
Based on GuruFocus' analysis, Erayak Power Solution Group stock appears to be undervalued.
The current stock price of $2.40 is trading 99.9% below its estimated GF Value™ of $2,159.19.
GuruFocus considers Erayak Power Solution Group to be Possible Value Trap.
Key valuation signals for RAYA:
Debt-to-Equity: 0.35 (38% below median its 10-year median of 0.56)
GF Value™: $2,159.19 vs. price of $2.40 (99.9% below fair value)
Industry Position: 25% above the Industrial Products median (#1506 of 2679)
No single metric tells the full story. See the RAYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erayak Power Solution Group Inc is engaged in the manufacturing, research and development (R&D), and wholesale and retail of power solution products. The group focuses on manufacturing new energy storage and inverter devices. Its product portfolio includes sine wave and off-grid inverters, inverters and gasoline generators, battery and smart chargers, and custom-designed products. The products are used principally in agricultural and industrial vehicles, recreational vehicles (RVs), electrical appliances, and outdoor living products. The company generates the majority of its revenue from Inverters. The company generates revenue from five main markets, which are China, Poland, Mexico, the U.K., and Portugal. It derives maximum revenue from China.
54GF Score
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