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ECOVE EnvironmentROCO:6803 96 Debt-to-Equity is 0.71 as of Jun. 2026, which is 87% above its 10-year median of 0.38. GuruFocus rates ROCO:6803 with a GF Score™ of 96/100 and a GF Value™ of NT$339.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 217 Waste Management companies, ECOVE Environment ranks worse than 57.6% 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 ECOVE Environment's Debt-to-Equity or its related term are showing as below:
ROCO:6803'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.38 Max: 0.83
Current: 0.71
During the past 13 years, the highest Debt-to-Equity Ratio of ECOVE Environment was 0.83. The lowest was 0.00. And the median was 0.38.
ROCO:6803's Debt-to-Equity is ranked worse than 57.6% of 217
companies
in the Waste Management industry
Industry Median: 0.58
vs ROCO:6803: 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.
ECOVE Environment Debt-to-Equity Related Terms
ECOVE Environment Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ECOVE Environment'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:6803 vs WM, RSG, WCN: Debt-to-Equity Comparison
For the Waste Management subindustry, ECOVE Environment'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.
ECOVE Environment Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, ECOVE Environment's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ECOVE Environment'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.
ECOVE Environment (ROCO:6803) 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 ECOVE Environment and its competitors. This is 87% above median its historical median of 0.38. According to the industry distribution chart, ECOVE Environment ranks #125 out of 217 companies in the Waste Management industry, placing it in the top 57.6%.
Is ECOVE Environment's Debt-to-Equity too high?
ECOVE Environment's current Debt-to-Equity of 0.71 is 87% above median its 10-year median of 0.38. The Waste Management industry median Debt-to-Equity is 0.58. ECOVE Environment's value of 0.71 is 22.4% above this industry median. Based on the distribution chart, ECOVE Environment ranks #125 out of 217 companies in the Waste Management industry, which is below the industry midpoint. Overall, ECOVE Environment has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #125 out of 217 companies for Debt-to-Equity. This places ECOVE Environment in the lower half of its industry. The industry median Debt-to-Equity is 0.58. ECOVE Environment's value of 0.71 is 22.4% above this benchmark. While the company's 10-year median is 0.38 vs. the industry median of 0.58, ECOVE Environment 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.58, based on 217 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. ECOVE Environment's current Debt-to-Equity of 0.71 is 22.4% 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 ECOVE Environment and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current Debt-to-Equity is 0.71, which is 87% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$339.62, compared to a current price of NT$269.00 — trading 20.8% below its estimated fair value. The current Debt-to-Equity is 0.71, which is 87% above median its 10-year median of 0.38 and 22.4% above the Waste Management industry median of 0.58. ECOVE Environment's overall GF Score™ is 96/100 with 6 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 ECOVE Environment (ROCO:6803), 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?
Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued.
The current stock price of NT$269.00 is trading 20.8% below its estimated GF Value™ of NT$339.62.
GuruFocus considers ECOVE Environment to be Modestly Undervalued.
Key valuation signals for ROCO:6803:
Debt-to-Equity: 0.71 (87% above median its 10-year median of 0.38)
GF Value™: NT$339.62 vs. price of NT$269.00 (20.8% below fair value)
Industry Position: 22.4% above the Waste Management median (#125 of 217)
No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
96GF Score
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