Wave Power Technology (ROCO:6895) Debt-to-Equity: 0.08 (As of Jun. 2026) — 167% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:6895 Wave Power Technology Inc ROCO:6895
72 GF Score
Price NT$143.00
GF Value NT$222.05
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Wave Power Technology Debt-to-Equity?

Wave Power Technology ROCO:6895 -0.69% 72 Debt-to-Equity is 0.08 as of Jun. 2026, which is 167% above its 10-year median of 0.03. GuruFocus rates ROCO:6895 with a GF Score™ of 72/100 and a GF Value™ of NT$222.05 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 2,692 Industrial Products companies, Wave Power Technology ranks better than 78.6% on this metric.

Wave Power Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$57.4 Mil. Wave Power Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$14.8 Mil. Wave Power Technology's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$895.3 Mil. Wave Power Technology's debt to equity for the quarter that ended in Jun. 2026 was 0.08.

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

ROCO:6895' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.28
Current: 0.08

During the past 7 years, the highest Debt-to-Equity Ratio of Wave Power Technology was 0.28. The lowest was 0.00. And the median was 0.03.

ROCO:6895's Debt-to-Equity is ranked better than
78.6% of 2692 companies
in the Industrial Products industry
Industry Median: 0.29 vs ROCO:6895: 0.08

Wave Power Technology  (ROCO:6895) 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.


Wave Power Technology Debt-to-Equity Related Terms


Wave Power Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wave Power 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.

Wave Power Technology Debt-to-Equity Chart

Wave Power Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.02 0.02 0.01 0.04 0.06

Wave Power Technology Quarterly Data
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 0.04 0.03 0.06 0.07 0.08

ROCO:6895 vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Wave Power 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.


Wave Power Technology Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wave Power Technology's Debt-to-Equity distribution charts can be found below:

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


ROCO:6895
72GF Score
Wave Power Technology Inc ROCO:6895
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wave Power Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Wave Power 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 0.08 mean?
Wave Power Technology (ROCO:6895) has a Debt-to-Equity of 0.08 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wave Power Technology and its competitors. This is 167% above median its historical median of 0.03. According to the industry distribution chart, Wave Power Technology ranks #576 out of 2692 companies in the Industrial Products industry, placing it in the top 21.4%.
Is Wave Power Technology's Debt-to-Equity too high?
Wave Power Technology's current Debt-to-Equity of 0.08 is 167% above median its 10-year median of 0.03. The Industrial Products industry median Debt-to-Equity is 0.29. Wave Power Technology's value of 0.08 is 72.4% below this industry median. Based on the distribution chart, Wave Power Technology ranks #576 out of 2692 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Wave Power Technology has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wave Power Technology's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Wave Power Technology ranks #576 out of 2692 companies for Debt-to-Equity. This places Wave Power Technology in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Wave Power Technology's value of 0.08 is 72.4% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.29, Wave Power Technology has consistently been below 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,692 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. Wave Power Technology's current Debt-to-Equity of 0.08 is 72.4% below 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 Wave Power Technology and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Power Technology's current Debt-to-Equity is 0.08, which is 167% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Power Technology stock overvalued right now?
Based on GuruFocus' analysis, Wave Power Technology (ROCO:6895) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$222.05, compared to a current price of NT$143.00 — trading 35.6% below its estimated fair value. The current Debt-to-Equity is 0.08, which is 167% above median its 10-year median of 0.03 and 72.4% below the Industrial Products industry median of 0.29. Wave Power Technology's overall GF Score™ is 72/100 with 7 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 Wave Power Technology (ROCO:6895), the current Debt-to-Equity is 0.08 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 Wave Power Technology (ROCO:6895) Overvalued in 2026?

Based on GuruFocus' analysis, Wave Power Technology stock appears to be undervalued. The current stock price of NT$143.00 is trading 35.6% below its estimated GF Value™ of NT$222.05. GuruFocus considers Wave Power Technology to be Significantly Undervalued.

Key valuation signals for ROCO:6895:

  • Debt-to-Equity: 0.08 (167% above median its 10-year median of 0.03)
  • GF Value™: NT$222.05 vs. price of NT$143.00 (35.6% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 72.4% below the Industrial Products median (#576 of 2692)

No single metric tells the full story. See the ROCO:6895 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wave Power Technology Business Description

Address No. 31, Lane 598, Zhongzheng Road, Miaoli County, Toufen City, TWN, 35151
Wave Power Technology Inc manufactures and distributes electrical power equipment. Its products are based on proprietary 4-H technology associated with high power, frequency, voltage, and vacuum. Its product portfolio comprises of Microwave Generator, Industrial Magnetron, Variable Capacitor, Feedthrough, Vacuum View Port, High-voltage Break-off Section, Magnet, Heater, and Hermetic Sealing.
72GF Score

Get the complete analysis for ROCO:6895

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

NT$143.00
Price
NT$222.05
GF Value