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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 Taiwan Special Chemicals's Debt-to-Equity or its related term are showing as below:
ROCO:4772'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.54 Max: 0.76
Current: 0.71
During the past 7 years, the highest Debt-to-Equity Ratio of Taiwan Special Chemicals was 0.76. The lowest was 0.04. And the median was 0.54.
ROCO:4772's Debt-to-Equity is ranked worse than 72.57% of 1422
companies
in the Chemicals industry
Industry Median: 0.37
vs ROCO:4772: 0.71
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.
Taiwan Special Chemicals Debt-to-Equity Related Terms
Taiwan Special Chemicals 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.
ROCO:4772 vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Taiwan Special Chemicals'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.
Taiwan Special Chemicals Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Special Chemicals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Taiwan Special Chemicals'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.
Taiwan Special Chemicals (ROCO:4772) has a Debt-to-Equity of 0.71 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taiwan Special Chemicals and its competitors. This is 31% above median its historical median of 0.54. Over the past decade, Taiwan Special Chemicals' Debt-to-Equity has ranged from 0.04 to 0.76. According to the industry distribution chart, Taiwan Special Chemicals ranks #1032 out of 1422 companies in the Chemicals industry, placing it in the top 72.6%.
Is Taiwan Special Chemicals' Debt-to-Equity too high?
Taiwan Special Chemicals' current Debt-to-Equity of 0.71 is 31% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.76. The Chemicals industry median Debt-to-Equity is 0.37. Taiwan Special Chemicals' value of 0.71 is 91.9% above this industry median. Based on the distribution chart, Taiwan Special Chemicals ranks #1032 out of 1422 companies in the Chemicals industry, which is below the industry midpoint. Overall, Taiwan Special Chemicals has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Special Chemicals' Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Special Chemicals ranks #1032 out of 1422 companies for Debt-to-Equity. This places Taiwan Special Chemicals in the lower half of its industry. The industry median Debt-to-Equity is 0.37. Taiwan Special Chemicals' value of 0.71 is 91.9% above this benchmark. Historically, Taiwan Special Chemicals' own Debt-to-Equity has ranged from 0.04 to 0.76 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.37, Taiwan Special Chemicals 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.37, based on 1,422 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. Taiwan Special Chemicals's current Debt-to-Equity of 0.71 is 91.9% 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 Taiwan Special Chemicals and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Special Chemicals's current Debt-to-Equity is 0.71, which is 31% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Special Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Special Chemicals (ROCO:4772) is currently considered Possible Value Trap. The stock's GF Value™ is NT$769.25, compared to a current price of NT$234.00 — trading 69.6% below its estimated fair value. The current Debt-to-Equity is 0.71, which is 31% above median its 10-year median of 0.54 and 91.9% above the Chemicals industry median of 0.37. Taiwan Special Chemicals' overall GF Score™ is 67/100 with 1 warning sign 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 Taiwan Special Chemicals (ROCO:4772), the current Debt-to-Equity is 0.71 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 Taiwan Special Chemicals (ROCO:4772) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Special Chemicals stock appears to be undervalued.
The current stock price of NT$234.00 is trading 69.6% below its estimated GF Value™ of NT$769.25.
GuruFocus considers Taiwan Special Chemicals to be Possible Value Trap.
Key valuation signals for ROCO:4772:
Debt-to-Equity: 0.71 (31% above median its 10-year median of 0.54)
GF Value™: NT$769.25 vs. price of NT$234.00 (69.6% below fair value)
Industry Position: 91.9% above the Chemicals median (#1032 of 1422)
No single metric tells the full story. See the ROCO:4772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Special Chemicals Corp develops and manufactures semiconductor specialty gases (SEG) and semiconductor chemical materials (SEC), and is engaged in the sale and production of precision chemical materials, as well as the cleaning, maintenance, and refurbishment services for semiconductor equipment and components. It generates maximum revenue from the sale of specialty chemical materials. Geographically, the company generates maximum revenue from Taiwan, followed by other Asian regions, America, Northeast Asia (Japan and Korea), and Europe.
67GF Score
Get the complete analysis for ROCO:4772
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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