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ShinMaywa IndustriesSHMWF 81 Debt-to-Equity is 0.39 as of Jun. 2026, which is 22% below its 10-year median of 0.50. GuruFocus rates SHMWF with a GF Score™ of 81/100 and a GF Value™ of $10.51. The stock has 1 warning sign investors should review. Among 516 Conglomerates companies, ShinMaywa Industries ranks better than 58.33% 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 ShinMaywa Industries's Debt-to-Equity or its related term are showing as below:
SHMWF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.5 Max: 0.69
Current: 0.39
During the past 13 years, the highest Debt-to-Equity Ratio of ShinMaywa Industries was 0.69. The lowest was 0.00. And the median was 0.50.
SHMWF's Debt-to-Equity is ranked better than 58.33% of 516
companies
in the Conglomerates industry
Industry Median: 0.55
vs SHMWF: 0.39
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.
ShinMaywa Industries Debt-to-Equity Related Terms
ShinMaywa Industries Debt-to-Equity Historical Data
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The historical data trend for ShinMaywa Industries'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.
For the Conglomerates subindustry, ShinMaywa Industries'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.
ShinMaywa Industries Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, ShinMaywa Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ShinMaywa Industries'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.
ShinMaywa Industries (SHMWF) has a Debt-to-Equity of 0.39 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ShinMaywa Industries and its competitors. This is 22% below median its historical median of 0.50. According to the industry distribution chart, ShinMaywa Industries ranks #215 out of 516 companies in the Conglomerates industry, placing it in the top 41.7%.
Is ShinMaywa Industries' Debt-to-Equity too high?
ShinMaywa Industries' current Debt-to-Equity of 0.39 is 22% below median its 10-year median of 0.50. The Conglomerates industry median Debt-to-Equity is 0.55. ShinMaywa Industries' value of 0.39 is 29.1% below this industry median. Based on the distribution chart, ShinMaywa Industries ranks #215 out of 516 companies in the Conglomerates industry, which is above the industry midpoint. Overall, ShinMaywa Industries has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ShinMaywa Industries' Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, ShinMaywa Industries ranks #215 out of 516 companies for Debt-to-Equity. This puts ShinMaywa Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.55. ShinMaywa Industries' value of 0.39 is 29.1% below this benchmark. While the company's 10-year median is 0.50 vs. the industry median of 0.55, ShinMaywa Industries 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.55, based on 516 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. ShinMaywa Industries's current Debt-to-Equity of 0.39 is 29.1% 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 ShinMaywa Industries and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShinMaywa Industries's current Debt-to-Equity is 0.39, which is 22% 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 ShinMaywa Industries stock overvalued right now?
ShinMaywa Industries (SHMWF) has a current Debt-to-Equity of 0.39. The stock's GF Value™ is $10.51, compared to a current price of $13.30 — trading 26.5% above its estimated fair value. The current Debt-to-Equity is 0.39, which is 22% below median its 10-year median of 0.50 and 29.1% below the Conglomerates industry median of 0.55. ShinMaywa Industries' overall GF Score™ is 81/100 with 1 warning sign 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 ShinMaywa Industries (SHMWF), the current Debt-to-Equity is 0.39 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 ShinMaywa Industries (SHMWF) Overvalued in 2026?
Based on GuruFocus' analysis, ShinMaywa Industries stock appears to be overvalued.
The current stock price of $13.30 is trading 26.5% above its estimated GF Value™ of $10.51.
Key valuation signals for SHMWF:
Debt-to-Equity: 0.39 (22% below median its 10-year median of 0.50)
GF Value™: $10.51 vs. price of $13.30 (26.5% above fair value)
Industry Position: 29.1% below the Conglomerates median (#215 of 516)
No single metric tells the full story. See the SHMWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.
81GF Score
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