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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.
ROCO:3322'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.65 Max: 1.09
Current: 0.73
During the past 13 years, the highest Debt-to-Equity Ratio of Joinsoon Electronics Manufacturing Co was 1.09. The lowest was 0.25. And the median was 0.65.
ROCO:3322's Debt-to-Equity is ranked worse than 77.63% of 2231
companies
in the Hardware industry
Industry Median: 0.28
vs ROCO:3322: 0.73
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.
Joinsoon Electronics Manufacturing Co Debt-to-Equity Related Terms
Joinsoon Electronics Manufacturing 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.
Joinsoon Electronics Manufacturing Co Debt-to-Equity Chart
ROCO:3322 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Joinsoon Electronics Manufacturing 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.
Joinsoon Electronics Manufacturing Co Debt-to-Equity vs Hardware Industry
* 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.
Joinsoon Electronics Manufacturing Co (ROCO:3322) has a Debt-to-Equity of 0.73 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Joinsoon Electronics Manufacturing Co and its competitors. This is 12% above median its historical median of 0.65. Over the past decade, Joinsoon Electronics Manufacturing Co's Debt-to-Equity has ranged from 0.25 to 1.09. According to the industry distribution chart, Joinsoon Electronics Manufacturing Co ranks #1732 out of 2231 companies in the Hardware industry, placing it in the top 77.6%.
Is Joinsoon Electronics Manufacturing Co's Debt-to-Equity too high?
Joinsoon Electronics Manufacturing Co's current Debt-to-Equity of 0.73 is 12% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.09. The Hardware industry median Debt-to-Equity is 0.28. Joinsoon Electronics Manufacturing Co's value of 0.73 is 160.7% above this industry median. Based on the distribution chart, Joinsoon Electronics Manufacturing Co ranks #1732 out of 2231 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Joinsoon Electronics Manufacturing Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joinsoon Electronics Manufacturing Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Joinsoon Electronics Manufacturing Co ranks #1732 out of 2231 companies for Debt-to-Equity. This places Joinsoon Electronics Manufacturing Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Joinsoon Electronics Manufacturing Co's value of 0.73 is 160.7% above this benchmark. Historically, Joinsoon Electronics Manufacturing Co's own Debt-to-Equity has ranged from 0.25 to 1.09 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.28, Joinsoon Electronics Manufacturing Co 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,231 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. Joinsoon Electronics Manufacturing Co's current Debt-to-Equity of 0.73 is 160.7% 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 Joinsoon Electronics Manufacturing 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. Joinsoon Electronics Manufacturing Co's current Debt-to-Equity is 0.73, which is 12% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joinsoon Electronics Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Joinsoon Electronics Manufacturing Co (ROCO:3322) is currently considered Possible Value Trap. The stock's GF Value™ is NT$18.39, compared to a current price of NT$10.85 — trading 41% below its estimated fair value. The current Debt-to-Equity is 0.73, which is 12% above median its 10-year median of 0.65 and 160.7% above the Hardware industry median of 0.28. Joinsoon Electronics Manufacturing Co's overall GF Score™ is 58/100 with 7 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 Joinsoon Electronics Manufacturing Co (ROCO:3322), the current Debt-to-Equity is 0.73 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 Joinsoon Electronics Manufacturing Co (ROCO:3322) Overvalued in 2026?
Based on GuruFocus' analysis, Joinsoon Electronics Manufacturing Co stock appears to be undervalued.
The current stock price of NT$10.85 is trading 41% below its estimated GF Value™ of NT$18.39.
GuruFocus considers Joinsoon Electronics Manufacturing Co to be Possible Value Trap.
Key valuation signals for ROCO:3322:
Debt-to-Equity: 0.73 (12% above median its 10-year median of 0.65)
GF Value™: NT$18.39 vs. price of NT$10.85 (41% below fair value)
Industry Position: 160.7% above the Hardware median (#1732 of 2231)
No single metric tells the full story. See the ROCO:3322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joinsoon Electronics Manufacturing Co Ltd manufactures and sells computer peripheral equipment and electronic components, The Company has three reporting departments: the connecting components segment, the electronics segment, and the high-speed internet segment. The company generates the majority of its revenue from the connecting components segment. It designs and manufactures signal cables, medical wires, connectors, computer peripheral antennas, and data storage devices.
58GF Score
Get the complete analysis for ROCO:3322
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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