Empower Technology (ROCO:5348) Debt-to-Equity: 0.47 (As of Jun. 2026) — 114% Above Median

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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.
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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:5348 Empower Technology Corp ROCO:5348
66 GF Score
Price NT$16.45
GF Value NT$25.64
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Empower Technology Debt-to-Equity?

Empower Technology ROCO:5348 -0.30% 66 Debt-to-Equity is 0.47 as of Jun. 2026, which is 114% above its 10-year median of 0.22. GuruFocus rates ROCO:5348 with a GF Score™ of 66/100 and a GF Value™ of NT$25.64 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,231 Hardware companies, Empower Technology ranks worse than 64.99% on this metric.

Empower Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$28.5 Mil. Empower Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$22.3 Mil. Empower Technology's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$108.6 Mil. Empower Technology's debt to equity for the quarter that ended in Jun. 2026 was 0.47.

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 Empower Technology's Debt-to-Equity or its related term are showing as below:

ROCO:5348' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.22   Max: 4.08
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Empower Technology was 4.08. The lowest was 0.00. And the median was 0.22.

ROCO:5348's Debt-to-Equity is ranked worse than
64.99% of 2231 companies
in the Hardware industry
Industry Median: 0.28 vs ROCO:5348: 0.47

Empower Technology  (ROCO:5348) 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.


Empower Technology Debt-to-Equity Related Terms


Empower Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Empower Technology'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.

Empower Technology Debt-to-Equity Chart

Empower Technology 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 0.38 0.27 0.18 0.25 0.37

Empower Technology 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 0.30 0.36 0.37 0.37 0.47

ROCO:5348 vs CSCO, MSI, LITE: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Empower Technology'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.


Empower Technology Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Empower Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Empower Technology's Debt-to-Equity falls into.


ROCO:5348
66GF Score
Empower Technology Corp ROCO:5348
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empower Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empower Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Empower Technology'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 0.47 mean?
Empower Technology (ROCO:5348) has a Debt-to-Equity of 0.47 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Empower Technology and its competitors. This is 114% above median its historical median of 0.22. According to the industry distribution chart, Empower Technology ranks #1450 out of 2231 companies in the Hardware industry, placing it in the top 65%.
Is Empower Technology's Debt-to-Equity too high?
Empower Technology's current Debt-to-Equity of 0.47 is 114% above median its 10-year median of 0.22. The Hardware industry median Debt-to-Equity is 0.28. Empower Technology's value of 0.47 is 67.9% above this industry median. Based on the distribution chart, Empower Technology ranks #1450 out of 2231 companies in the Hardware industry, which is below the industry midpoint. Overall, Empower Technology has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empower Technology's Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Empower Technology ranks #1450 out of 2231 companies for Debt-to-Equity. This places Empower Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Empower Technology's value of 0.47 is 67.9% above this benchmark. While the company's 10-year median is 0.22 vs. the industry median of 0.28, Empower Technology 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. Empower Technology's current Debt-to-Equity of 0.47 is 67.9% 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 Empower Technology 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. Empower Technology's current Debt-to-Equity is 0.47, which is 114% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empower Technology stock overvalued right now?
Based on GuruFocus' analysis, Empower Technology (ROCO:5348) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$25.64, compared to a current price of NT$16.45 — trading 35.8% below its estimated fair value. The current Debt-to-Equity is 0.47, which is 114% above median its 10-year median of 0.22 and 67.9% above the Hardware industry median of 0.28. Empower Technology's overall GF Score™ is 66/100 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 Empower Technology (ROCO:5348), the current Debt-to-Equity is 0.47 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 Empower Technology (ROCO:5348) Overvalued in 2026?

Based on GuruFocus' analysis, Empower Technology stock appears to be undervalued. The current stock price of NT$16.45 is trading 35.8% below its estimated GF Value™ of NT$25.64. GuruFocus considers Empower Technology to be Significantly Undervalued.

Key valuation signals for ROCO:5348:

  • Debt-to-Equity: 0.47 (114% above median its 10-year median of 0.22)
  • GF Value™: NT$25.64 vs. price of NT$16.45 (35.8% below fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 67.9% above the Hardware median (#1450 of 2231)

No single metric tells the full story. See the ROCO:5348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empower Technology Business Description

Address Ke Jung Road, Hsinchu Science Park, 3rd Floor, NO.31, Hsinchu, TWN
Empower Technology Corp Formerly Transystem Inc develops wireless communications products for RF communications and GPS markets. The Company's products include optical multiplexers, modems, Bluetooth GPS receivers, GPS data loggers, tracking devices, and modules for embedded GPS applications.
66GF Score

Get the complete analysis for ROCO:5348

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

NT$16.45
Price
NT$25.64
GF Value