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.
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.
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 Apex Material Technology's Debt-to-Equity or its related term are showing as below:
ROCO:6899'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.19
Current: 0.11
During the past 7 years, the highest Debt-to-Equity Ratio of Apex Material Technology was 0.19. The lowest was 0.01. And the median was 0.12.
ROCO:6899's Debt-to-Equity is ranked better than 71.12% of 2230
companies
in the Hardware industry
Industry Median: 0.28
vs ROCO:6899: 0.11
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.
Apex Material Technology Debt-to-Equity Related Terms
Apex Material Technology Debt-to-Equity Historical Data
* 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:6899 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Apex Material 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.
Apex Material Technology Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Apex Material Technology's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Apex Material Technology'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.
Apex Material Technology (ROCO:6899) has a Debt-to-Equity of 0.11 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Apex Material Technology and its competitors. This is near median its historical median of 0.12. Over the past decade, Apex Material Technology's Debt-to-Equity has ranged from 0.01 to 0.19. According to the industry distribution chart, Apex Material Technology ranks #644 out of 2230 companies in the Hardware industry, placing it in the top 28.9%.
Is Apex Material Technology's Debt-to-Equity too high?
Apex Material Technology's current Debt-to-Equity of 0.11 is near median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.19. The Hardware industry median Debt-to-Equity is 0.28. Apex Material Technology's value of 0.11 is 60.7% below this industry median. Based on the distribution chart, Apex Material Technology ranks #644 out of 2230 companies in the Hardware industry, which is above the industry midpoint. Overall, Apex Material Technology has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Material Technology's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Apex Material Technology ranks #644 out of 2230 companies for Debt-to-Equity. This puts Apex Material Technology in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Apex Material Technology's value of 0.11 is 60.7% below this benchmark. Historically, Apex Material Technology's own Debt-to-Equity has ranged from 0.01 to 0.19 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.28, Apex Material 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 a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 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. Apex Material Technology's current Debt-to-Equity of 0.11 is 60.7% 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 Apex Material 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. Apex Material Technology's current Debt-to-Equity is 0.11, which is near median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Apex Material Technology (ROCO:6899) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$61.12, compared to a current price of NT$49.15 — trading 19.6% below its estimated fair value. The current Debt-to-Equity is 0.11, which is near median its 10-year median of 0.12 and 60.7% below the Hardware industry median of 0.28. Apex Material Technology's overall GF Score™ is 68/100 with 3 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 Apex Material Technology (ROCO:6899), the current Debt-to-Equity is 0.11 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 Apex Material Technology (ROCO:6899) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Material Technology stock appears to be undervalued.
The current stock price of NT$49.15 is trading 19.6% below its estimated GF Value™ of NT$61.12.
GuruFocus considers Apex Material Technology to be Modestly Undervalued.
Key valuation signals for ROCO:6899:
Debt-to-Equity: 0.11 (near median its 10-year median of 0.12)
GF Value™: NT$61.12 vs. price of NT$49.15 (19.6% below fair value)
Industry Position: 60.7% below the Hardware median (#644 of 2230)
No single metric tells the full story. See the ROCO:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Material Technology Corp manufactures resistive and projected capacitive (PCAP) touch screens, and PenMount touch screen controllers for the industrial, medical, and commercial sectors. Its product offerings comprise open frame touch screen monitor, optical bonding service, solutions for touch screen display, projected capacitive touch screen, and resistive touch screen.
68GF Score
Get the complete analysis for ROCO:6899
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:6899 has been successfully added to your 
