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Spectrum ElectricsROCO:5381 -1.07%76 Debt-to-Equity is 0.94 as of Jun. 2026, which is 1467% above its 10-year median of 0.06. GuruFocus rates ROCO:5381 with a GF Score™ of 76/100 and a GF Value™ of NT$29.62 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,229 Hardware companies, Spectrum Electrics ranks worse than 84.07% on this metric.
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 Spectrum Electrics's Debt-to-Equity or its related term are showing as below:
ROCO:5381'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 1.02
Current: 0.97
During the past 13 years, the highest Debt-to-Equity Ratio of Spectrum Electrics was 1.02. The lowest was 0.01. And the median was 0.06.
ROCO:5381's Debt-to-Equity is ranked worse than 84.07% of 2229
companies
in the Hardware industry
Industry Median: 0.28
vs ROCO:5381: 0.97
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.
Spectrum Electrics Debt-to-Equity Related Terms
Spectrum Electrics Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Spectrum Electrics'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:5381 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Spectrum Electrics'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.
Spectrum Electrics Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Spectrum Electrics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Spectrum Electrics'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.
Spectrum Electrics (ROCO:5381) has a Debt-to-Equity of 0.94 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spectrum Electrics and its competitors. This is 1467% above median its historical median of 0.06. Over the past decade, Spectrum Electrics' Debt-to-Equity has ranged from 0.01 to 1.02. According to the industry distribution chart, Spectrum Electrics ranks #1874 out of 2229 companies in the Hardware industry, placing it in the top 84.1%.
Is Spectrum Electrics' Debt-to-Equity too high?
Spectrum Electrics' current Debt-to-Equity of 0.94 is 1467% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.02. The Hardware industry median Debt-to-Equity is 0.28. Spectrum Electrics' value of 0.94 is 235.7% above this industry median. Based on the distribution chart, Spectrum Electrics ranks #1874 out of 2229 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Spectrum Electrics has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spectrum Electrics' Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Spectrum Electrics ranks #1874 out of 2229 companies for Debt-to-Equity. This places Spectrum Electrics in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Spectrum Electrics' value of 0.94 is 235.7% above this benchmark. Historically, Spectrum Electrics' own Debt-to-Equity has ranged from 0.01 to 1.02 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.28, Spectrum Electrics 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 2,229 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. Spectrum Electrics's current Debt-to-Equity of 0.94 is 235.7% 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 Spectrum Electrics 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. Spectrum Electrics's current Debt-to-Equity is 0.94, which is 1467% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Electrics stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Electrics (ROCO:5381) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$29.62, compared to a current price of NT$23.10 — trading 22% below its estimated fair value. The current Debt-to-Equity is 0.94, which is 1467% above median its 10-year median of 0.06 and 235.7% above the Hardware industry median of 0.28. Spectrum Electrics' overall GF Score™ is 76/100 with 8 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 Spectrum Electrics (ROCO:5381), the current Debt-to-Equity is 0.94 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 Spectrum Electrics (ROCO:5381) Overvalued in 2026?
Based on GuruFocus' analysis, Spectrum Electrics stock appears to be undervalued.
The current stock price of NT$23.10 is trading 22% below its estimated GF Value™ of NT$29.62.
GuruFocus considers Spectrum Electrics to be Modestly Undervalued.
Key valuation signals for ROCO:5381:
Debt-to-Equity: 0.94 (1467% above median its 10-year median of 0.06)
GF Value™: NT$29.62 vs. price of NT$23.10 (22% below fair value)
Industry Position: 235.7% above the Hardware median (#1874 of 2229)
No single metric tells the full story. See the ROCO:5381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectrum Electrics Corp is engaged in the manufacturing, processing, research and development and sales of drilling lubricating aluminum cover plates (LAE), multilayer laminated substrates (MLB), and environmentally friendly melamine boards (drilling pads), as well as its invested businesses in beauty and skin care products.
76GF Score
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