T-Flex Techvest PCB Co (ROCO:3276) Debt-to-Equity: 0.11 (As of Jun. 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ROCO:3276 T-Flex Techvest PCB Co Ltd ROCO:3276
62 GF Score
Price NT$13.95
GF Value NT$11.54
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is T-Flex Techvest PCB Co Debt-to-Equity?

T-Flex Techvest PCB Co ROCO:3276 +0.36% 62 Debt-to-Equity is 0.11 as of Jun. 2026, which is 67% below its 10-year median of 0.33. GuruFocus rates ROCO:3276 with a GF Score™ of 62/100 and a GF Value™ of NT$11.54 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,230 Hardware companies, T-Flex Techvest PCB Co ranks better than 69.6% on this metric.

T-Flex Techvest PCB Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$71.2 Mil. T-Flex Techvest PCB Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$31.3 Mil. T-Flex Techvest PCB Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$868.4 Mil. T-Flex Techvest PCB Co's debt to equity for the quarter that ended in Jun. 2026 was 0.12.

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 T-Flex Techvest PCB Co's Debt-to-Equity or its related term are showing as below:

ROCO:3276' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.33   Max: 1.19
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of T-Flex Techvest PCB Co was 1.19. The lowest was 0.12. And the median was 0.33.

ROCO:3276's Debt-to-Equity is ranked better than
69.6% of 2230 companies
in the Hardware industry
Industry Median: 0.28 vs ROCO:3276: 0.12

T-Flex Techvest PCB Co  (ROCO:3276) 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.


T-Flex Techvest PCB Co Debt-to-Equity Related Terms


T-Flex Techvest PCB Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for T-Flex Techvest PCB Co'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.

T-Flex Techvest PCB Co Debt-to-Equity Chart

T-Flex Techvest PCB Co 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 0.23 0.18 0.18 0.12 0.11

T-Flex Techvest PCB Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.11 0.11 0.11 0.11 0.11

ROCO:3276 vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, T-Flex Techvest PCB 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.


T-Flex Techvest PCB Co Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, T-Flex Techvest PCB Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where T-Flex Techvest PCB Co's Debt-to-Equity falls into.


ROCO:3276
62GF Score
T-Flex Techvest PCB Co Ltd ROCO:3276
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T-Flex Techvest PCB Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

T-Flex Techvest PCB Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

T-Flex Techvest PCB Co's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.11 mean?
T-Flex Techvest PCB Co (ROCO:3276) has a Debt-to-Equity of 0.11 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on T-Flex Techvest PCB Co and its competitors. This is 67% below median its historical median of 0.33. Over the past decade, T-Flex Techvest PCB Co's Debt-to-Equity has ranged from 0.12 to 1.19. According to the industry distribution chart, T-Flex Techvest PCB Co ranks #678 out of 2230 companies in the Hardware industry, placing it in the top 30.4%.
Is T-Flex Techvest PCB Co's Debt-to-Equity too high?
T-Flex Techvest PCB Co's current Debt-to-Equity of 0.11 is 67% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.19. The Hardware industry median Debt-to-Equity is 0.28. T-Flex Techvest PCB Co's value of 0.11 is 60.7% below this industry median. Based on the distribution chart, T-Flex Techvest PCB Co ranks #678 out of 2230 companies in the Hardware industry, which is above the industry midpoint. Overall, T-Flex Techvest PCB Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T-Flex Techvest PCB Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, T-Flex Techvest PCB Co ranks #678 out of 2230 companies for Debt-to-Equity. This puts T-Flex Techvest PCB Co in the upper half of its industry. The industry median Debt-to-Equity is 0.28. T-Flex Techvest PCB Co's value of 0.11 is 60.7% below this benchmark. Historically, T-Flex Techvest PCB Co's own Debt-to-Equity has ranged from 0.12 to 1.19 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.28, T-Flex Techvest PCB 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 2,230 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. T-Flex Techvest PCB Co's current Debt-to-Equity of 0.11 is 60.7% 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 T-Flex Techvest PCB 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. T-Flex Techvest PCB Co's current Debt-to-Equity is 0.11, which is 67% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-Flex Techvest PCB Co stock overvalued right now?
Based on GuruFocus' analysis, T-Flex Techvest PCB Co (ROCO:3276) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$11.54, compared to a current price of NT$13.95 — trading 20.9% above its estimated fair value. The current Debt-to-Equity is 0.11, which is 67% below median its 10-year median of 0.33 and 60.7% below the Hardware industry median of 0.28. T-Flex Techvest PCB Co's overall GF Score™ is 62/100 with 2 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 T-Flex Techvest PCB Co (ROCO:3276), the current Debt-to-Equity is 0.11 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 T-Flex Techvest PCB Co (ROCO:3276) Overvalued in 2026?

Based on GuruFocus' analysis, T-Flex Techvest PCB Co stock appears to be overvalued. The current stock price of NT$13.95 is trading 20.9% above its estimated GF Value™ of NT$11.54. GuruFocus considers T-Flex Techvest PCB Co to be Modestly Overvalued.

Key valuation signals for ROCO:3276:

  • Debt-to-Equity: 0.11 (67% below median its 10-year median of 0.33)
  • GF Value™: NT$11.54 vs. price of NT$13.95 (20.9% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 60.7% below the Hardware median (#678 of 2230)

No single metric tells the full story. See the ROCO:3276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T-Flex Techvest PCB Co Business Description

Address No. 12, Gongye 2nd Road, No. 352, Section 2, Pingzhen District, Taoyuan, TWN, 324
T-Flex Techvest PCB Co Ltd is an equipment manufacturer of electronic components. The company is engaged in the manufacturing, processing, purchase, and sale of electronic parts and components and printed circuit boards (PCB). It offers high-level PCB (Printed Circuit Board) inner and outer layer printed circuit board lamination. The company products include mobile phone boards, communication boards, motherboards, photoelectric boards, HDI boards, and others.
62GF Score

Get the complete analysis for ROCO:3276

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

NT$13.95
Price
NT$11.54
GF Value