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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 Song Ho Industrial Co's Debt-to-Equity or its related term are showing as below:
ROCO:5016'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.72 Max: 1.04
Current: 0.54
During the past 13 years, the highest Debt-to-Equity Ratio of Song Ho Industrial Co was 1.04. The lowest was 0.48. And the median was 0.72.
ROCO:5016's Debt-to-Equity is ranked worse than 58.21% of 548
companies
in the Steel industry
Industry Median: 0.405
vs ROCO:5016: 0.54
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.
Song Ho Industrial Co Debt-to-Equity Related Terms
Song Ho Industrial Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Song Ho Industrial 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.
ROCO:5016 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Song Ho Industrial 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.
Song Ho Industrial Co Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Song Ho Industrial Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Song Ho Industrial Co'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.
Song Ho Industrial Co (ROCO:5016) has a Debt-to-Equity of 0.53 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Song Ho Industrial Co and its competitors. This is 26% below median its historical median of 0.72. Over the past decade, Song Ho Industrial Co's Debt-to-Equity has ranged from 0.48 to 1.04. According to the industry distribution chart, Song Ho Industrial Co ranks #319 out of 548 companies in the Steel industry, placing it in the top 58.2%.
Is Song Ho Industrial Co's Debt-to-Equity too high?
Song Ho Industrial Co's current Debt-to-Equity of 0.53 is 26% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.04. The Steel industry median Debt-to-Equity is 0.41. Song Ho Industrial Co's value of 0.53 is 30.9% above this industry median. Based on the distribution chart, Song Ho Industrial Co ranks #319 out of 548 companies in the Steel industry, which is below the industry midpoint. Overall, Song Ho Industrial Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Song Ho Industrial Co's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Song Ho Industrial Co ranks #319 out of 548 companies for Debt-to-Equity. This places Song Ho Industrial Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Song Ho Industrial Co's value of 0.53 is 30.9% above this benchmark. Historically, Song Ho Industrial Co's own Debt-to-Equity has ranged from 0.48 to 1.04 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.41, Song Ho Industrial 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 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. Song Ho Industrial Co's current Debt-to-Equity of 0.53 is 30.9% 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 Song Ho Industrial Co and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Ho Industrial Co's current Debt-to-Equity is 0.53, which is 26% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ho Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Song Ho Industrial Co (ROCO:5016) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$28.18, compared to a current price of NT$24.35 — trading 13.6% below its estimated fair value. The current Debt-to-Equity is 0.53, which is 26% below median its 10-year median of 0.72 and 30.9% above the Steel industry median of 0.41. Song Ho Industrial Co's overall GF Score™ is 68/100 with 5 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 Song Ho Industrial Co (ROCO:5016), the current Debt-to-Equity is 0.53 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 Song Ho Industrial Co (ROCO:5016) Overvalued in 2026?
Based on GuruFocus' analysis, Song Ho Industrial Co stock appears to be undervalued.
The current stock price of NT$24.35 is trading 13.6% below its estimated GF Value™ of NT$28.18.
GuruFocus considers Song Ho Industrial Co to be Modestly Undervalued.
Key valuation signals for ROCO:5016:
Debt-to-Equity: 0.53 (26% below median its 10-year median of 0.72)
GF Value™: NT$28.18 vs. price of NT$24.35 (13.6% below fair value)
Industry Position: 30.9% above the Steel median (#319 of 548)
No single metric tells the full story. See the ROCO:5016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Ho Industrial Co Ltd manufactures and sells steel products. It offers machine, steel wire, galvanized steel wire strand, steel wire rope, cold-drawn steel bar, spheroidized wire, water-control gate machinery.
68GF Score
Get the complete analysis for ROCO:5016
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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