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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.
The historical rank and industry rank for Advance Materials's Debt-to-Equity or its related term are showing as below:
ROCO:3585'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.13
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Advance Materials was 0.13. The lowest was 0.00. And the median was 0.07.
ROCO:3585's Debt-to-Equity is ranked better than 99.96% of 2232
companies
in the Hardware industry
Industry Median: 0.28
vs ROCO:3585: 0.01
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.
Advance Materials Debt-to-Equity Related Terms
Advance Materials Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Advance Materials'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.
ROCO:3585 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Advance Materials'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.
Advance Materials Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Advance Materials's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Advance Materials'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.
Advance Materials (ROCO:3585) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Advance Materials and its competitors. According to the industry distribution chart, Advance Materials ranks #1 out of 2232 companies in the Hardware industry, placing it in the top 0%.
Is Advance Materials' Debt-to-Equity too high?
Advance Materials' current Debt-to-Equity is 0.00. Based on the distribution chart, Advance Materials ranks #1 out of 2232 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Advance Materials has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advance Materials' Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Advance Materials ranks #1 out of 2232 companies for Debt-to-Equity. This places Advance Materials in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. 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 2,232 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. 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 Advance Materials 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. Advance Materials's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Materials stock overvalued right now?
Based on GuruFocus' analysis, Advance Materials (ROCO:3585) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$9.05, compared to a current price of NT$46.95 — trading 418.8% above its estimated fair value. The current Debt-to-Equity is 0.00. Advance Materials' overall GF Score™ is 49/100 with 3 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 Advance Materials (ROCO:3585), the current Debt-to-Equity is 0.00 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 Advance Materials (ROCO:3585) Overvalued in 2026?
Based on GuruFocus' analysis, Advance Materials stock appears to be overvalued.
The current stock price of NT$46.95 is trading 418.8% above its estimated GF Value™ of NT$9.05.
GuruFocus considers Advance Materials to be Significantly Overvalued.
Key valuation signals for ROCO:3585:
Debt-to-Equity: 0.00
GF Value™: NT$9.05 vs. price of NT$46.95 (418.8% above fair value)
No single metric tells the full story. See the ROCO:3585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advance Materials Corp is a professional supplier of electronic materials in Taiwan. Its products include Copper Clad Laminate, Liquid photo-imageable solder masks, Special Photoresist, FPC Materials related products, and Touch Panel Related Materials.
49GF Score
Get the complete analysis for ROCO:3585
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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