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Shin HsiungNatural GasROCO:8908 +0.12%84 Debt-to-Equity is 1.04 as of Jun. 2026, which is 104% above its 10-year median of 0.51. GuruFocus rates ROCO:8908 with a GF Score™ of 84/100 and a GF Value™ of NT$60.10 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 472 Utilities - Regulated companies, Shin HsiungNatural Gas ranks worse than 51.48% 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 Shin HsiungNatural Gas's Debt-to-Equity or its related term are showing as below:
ROCO:8908'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.51 Max: 1.04
Current: 1.04
During the past 13 years, the highest Debt-to-Equity Ratio of Shin HsiungNatural Gas was 1.04. The lowest was 0.35. And the median was 0.51.
ROCO:8908's Debt-to-Equity is ranked worse than 51.48% of 472
companies
in the Utilities - Regulated industry
Industry Median: 0.985
vs ROCO:8908: 1.04
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.
Shin HsiungNatural Gas Debt-to-Equity Related Terms
Shin HsiungNatural Gas Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Shin HsiungNatural Gas'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:8908 vs ATO, NI, UGI: Debt-to-Equity Comparison
For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.
Shin HsiungNatural Gas Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shin HsiungNatural Gas'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.
Shin HsiungNatural Gas (ROCO:8908) has a Debt-to-Equity of 1.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shin HsiungNatural Gas and its competitors. This is 104% above median its historical median of 0.51. Over the past decade, Shin HsiungNatural Gas' Debt-to-Equity has ranged from 0.35 to 1.04. According to the industry distribution chart, Shin HsiungNatural Gas ranks #243 out of 472 companies in the Utilities - Regulated industry, placing it in the top 51.5%.
Is Shin HsiungNatural Gas' Debt-to-Equity too high?
Shin HsiungNatural Gas' current Debt-to-Equity of 1.04 is 104% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.04. The Utilities - Regulated industry median Debt-to-Equity is 0.99. Shin HsiungNatural Gas' value of 1.04 is 5.6% above this industry median. Based on the distribution chart, Shin HsiungNatural Gas ranks #243 out of 472 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Shin HsiungNatural Gas has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' Debt-to-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin HsiungNatural Gas ranks #243 out of 472 companies for Debt-to-Equity. This places Shin HsiungNatural Gas in the lower half of its industry. The industry median Debt-to-Equity is 0.99. Shin HsiungNatural Gas' value of 1.04 is 5.6% above this benchmark. Historically, Shin HsiungNatural Gas' own Debt-to-Equity has ranged from 0.35 to 1.04 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.99, Shin HsiungNatural Gas 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 an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.99, based on 472 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. Shin HsiungNatural Gas's current Debt-to-Equity of 1.04 is 5.6% 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 Shin HsiungNatural Gas and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin HsiungNatural Gas's current Debt-to-Equity is 1.04, which is 104% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$60.10, compared to a current price of NT$40.15 — trading 33.2% below its estimated fair value. The current Debt-to-Equity is 1.04, which is 104% above median its 10-year median of 0.51 and 5.6% above the Utilities - Regulated industry median of 0.99. Shin HsiungNatural Gas' overall GF Score™ is 84/100 with 5 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 Shin HsiungNatural Gas (ROCO:8908), the current Debt-to-Equity is 1.04 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 Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?
Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued.
The current stock price of NT$40.15 is trading 33.2% below its estimated GF Value™ of NT$60.10.
GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.
Key valuation signals for ROCO:8908:
Debt-to-Equity: 1.04 (104% above median its 10-year median of 0.51)
GF Value™: NT$60.10 vs. price of NT$40.15 (33.2% below fair value)
Industry Position: 5.6% above the Utilities - Regulated median (#243 of 472)
No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
84GF Score
Get the complete analysis for ROCO:8908
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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