Wah Hong Industrial (ROCO:8240) Debt-to-Equity: 0.27 (As of Jun. 2026) — 46% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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ROCO:8240 Wah Hong Industrial Corp ROCO:8240
55 GF Score
Price NT$51.90
GF Value NT$33.67
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Wah Hong Industrial Debt-to-Equity?

Wah Hong Industrial ROCO:8240 +0.79% 55 Debt-to-Equity is 0.27 as of Jun. 2026, which is 46% below its 10-year median of 0.50. GuruFocus rates ROCO:8240 with a GF Score™ of 55/100 and a GF Value™ of NT$33.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,229 Hardware companies, Wah Hong Industrial ranks worse than 50.02% on this metric.

Wah Hong Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$813 Mil. Wah Hong Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$508 Mil. Wah Hong Industrial's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$4,793 Mil. Wah Hong Industrial's debt to equity for the quarter that ended in Jun. 2026 was 0.28.

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 Wah Hong Industrial's Debt-to-Equity or its related term are showing as below:

ROCO:8240' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.5   Max: 0.67
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Wah Hong Industrial was 0.67. The lowest was 0.22. And the median was 0.50.

ROCO:8240's Debt-to-Equity is ranked worse than
50.02% of 2229 companies
in the Hardware industry
Industry Median: 0.28 vs ROCO:8240: 0.28

Wah Hong Industrial  (ROCO:8240) 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.


Wah Hong Industrial Debt-to-Equity Related Terms


Wah Hong Industrial Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wah Hong Industrial'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.

Wah Hong Industrial Debt-to-Equity Chart

Wah Hong Industrial 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 0.52 0.51 0.42 0.22 0.24

Wah Hong Industrial 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 0.22 0.26 0.24 0.29 0.27

ROCO:8240 vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, Wah Hong Industrial'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.


Wah Hong Industrial Debt-to-Equity vs Hardware Industry

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

* The bar in red indicates where Wah Hong Industrial's Debt-to-Equity falls into.


ROCO:8240
55GF Score
Wah Hong Industrial Corp ROCO:8240
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wah Hong Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wah Hong Industrial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Wah Hong Industrial'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 0.27 mean?
Wah Hong Industrial (ROCO:8240) has a Debt-to-Equity of 0.27 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wah Hong Industrial and its competitors. This is 46% below median its historical median of 0.50. Over the past decade, Wah Hong Industrial's Debt-to-Equity has ranged from 0.22 to 0.67. According to the industry distribution chart, Wah Hong Industrial ranks #1115 out of 2229 companies in the Hardware industry, placing it in the top 50%.
Is Wah Hong Industrial's Debt-to-Equity too high?
Wah Hong Industrial's current Debt-to-Equity of 0.27 is 46% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.67. The Hardware industry median Debt-to-Equity is 0.28. Wah Hong Industrial's value of 0.27 is 3.6% below this industry median. Based on the distribution chart, Wah Hong Industrial ranks #1115 out of 2229 companies in the Hardware industry, which is above the industry midpoint. Overall, Wah Hong Industrial has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wah Hong Industrial's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Wah Hong Industrial ranks #1115 out of 2229 companies for Debt-to-Equity. This puts Wah Hong Industrial in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Wah Hong Industrial's value of 0.27 is 3.6% below this benchmark. Historically, Wah Hong Industrial's own Debt-to-Equity has ranged from 0.22 to 0.67 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.28, Wah Hong Industrial 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 2,229 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. Wah Hong Industrial's current Debt-to-Equity of 0.27 is 3.6% 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 Wah Hong Industrial 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. Wah Hong Industrial's current Debt-to-Equity is 0.27, which is 46% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wah Hong Industrial stock overvalued right now?
Based on GuruFocus' analysis, Wah Hong Industrial (ROCO:8240) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.67, compared to a current price of NT$51.90 — trading 54.1% above its estimated fair value. The current Debt-to-Equity is 0.27, which is 46% below median its 10-year median of 0.50 and 3.6% below the Hardware industry median of 0.28. Wah Hong Industrial's overall GF Score™ is 55/100 with 4 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 Wah Hong Industrial (ROCO:8240), the current Debt-to-Equity is 0.27 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 Wah Hong Industrial (ROCO:8240) Overvalued in 2026?

Based on GuruFocus' analysis, Wah Hong Industrial stock appears to be overvalued. The current stock price of NT$51.90 is trading 54.1% above its estimated GF Value™ of NT$33.67. GuruFocus considers Wah Hong Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:8240:

  • Debt-to-Equity: 0.27 (46% below median its 10-year median of 0.50)
  • GF Value™: NT$33.67 vs. price of NT$51.90 (54.1% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 3.6% below the Hardware median (#1115 of 2229)

No single metric tells the full story. See the ROCO:8240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wah Hong Industrial Business Description

Address No.235 Zhongzheng 4th Road, 6&7, 11th Floor, Kaohsiung, TWN
Wah Hong Industrial Corp is a Taiwan-based manufacturer of advanced materials and components. Its core businesses include optical films for LCD panels, such as diffusion and reflection films, and bulk molding compounds (BMC) used in electrical, automotive, and industrial applications, along with related molded products. The company operates through an extensive network of subsidiaries and manufacturing sites, primarily concentrated in Taiwan and mainland China, with major production clusters in eastern China (including Suzhou and Ningbo), southern China (Xiamen), and other locations, complemented by international holding and trading entities. Its customers are mainly panel makers, electronics manufacturers, and industrial OEMs. Revenue is generated through the sale of specialty materials and molded components, with the majority derived from its eastern China operations. The company is vertically integrated across material formulation, film production, and molding.
55GF Score

Get the complete analysis for ROCO:8240

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

NT$51.90
Price
NT$33.67
GF Value