SHOFF (Shoei Co) Debt-to-Equity: 0.02 (As of Mar. 2026) — Near Median

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SHOFF Shoei Co Ltd SHOFF
97 GF Score
Price $11.43
GF Value $11.83
Valuation Fairly Valued
! 1 Warning Sign
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What is Shoei Co Debt-to-Equity?

Shoei Co SHOFF 97 Debt-to-Equity is 0.02 as of Mar. 2026, which is at its 10-year median of 0.02. GuruFocus rates SHOFF with a GF Score™ of 97/100 and a GF Value™ of $11.83 (Fairly Valued). The stock has 1 warning sign investors should review. Among 933 Manufacturing - Apparel & Accessories companies, Shoei Co ranks better than 96.03% on this metric.

Shoei Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.6 Mil. Shoei Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.5 Mil. Shoei Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $191.8 Mil. Shoei Co's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

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 Shoei Co's Debt-to-Equity or its related term are showing as below:

SHOFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Shoei Co was 0.03. The lowest was 0.01. And the median was 0.02.

SHOFF's Debt-to-Equity is ranked better than
96.03% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs SHOFF: 0.02

Shoei Co  (OTCPK:SHOFF) 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.


Shoei Co Debt-to-Equity Related Terms


Shoei Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Shoei Co'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.

Shoei Co Debt-to-Equity Chart

Shoei Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Shoei Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 0.02 0.02 0.02 0.02

SHOFF vs NKE, DECK, ONON: Debt-to-Equity Comparison

For the Footwear & Accessories subindustry, Shoei Co'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.


Shoei Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shoei Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shoei Co's Debt-to-Equity falls into.


SHOFF
97GF Score
Shoei Co Ltd SHOFF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoei Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shoei Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Shoei Co's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.02 mean?
Shoei Co (SHOFF) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shoei Co and its competitors. This is near median its historical median of 0.02. Over the past decade, Shoei Co's Debt-to-Equity has ranged from 0.01 to 0.03. According to the industry distribution chart, Shoei Co ranks #37 out of 933 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4%.
Is Shoei Co's Debt-to-Equity too high?
Shoei Co's current Debt-to-Equity of 0.02 is near median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.03. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.43. Shoei Co's value of 0.02 is 95.3% below this industry median. Based on the distribution chart, Shoei Co ranks #37 out of 933 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shoei Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Co's Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shoei Co ranks #37 out of 933 companies for Debt-to-Equity. This places Shoei Co in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.43. Shoei Co's value of 0.02 is 95.3% below this benchmark. Historically, Shoei Co's own Debt-to-Equity has ranged from 0.01 to 0.03 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.43, Shoei Co 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 933 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. Shoei Co's current Debt-to-Equity of 0.02 is 95.3% 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 Shoei Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoei Co's current Debt-to-Equity is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Co (SHOFF) is currently considered Fairly Valued. The stock's GF Value™ is $11.83, compared to a current price of $11.43 — trading 3.4% below its estimated fair value. The current Debt-to-Equity is 0.02, which is near median its 10-year median of 0.02 and 95.3% below the Manufacturing - Apparel & Accessories industry median of 0.43. Shoei Co's overall GF Score™ is 97/100 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 Shoei Co (SHOFF), the current Debt-to-Equity is 0.02 as of Mar. 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 Shoei Co (SHOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Co stock appears to be undervalued. The current stock price of $11.43 is trading 3.4% below its estimated GF Value™ of $11.83. GuruFocus considers Shoei Co to be Fairly Valued.

Key valuation signals for SHOFF:

  • Debt-to-Equity: 0.02 (near median its 10-year median of 0.02)
  • GF Value™: $11.83 vs. price of $11.43 (3.4% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 95.3% below the Manufacturing - Apparel & Accessories median (#37 of 933)

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


Shoei Co Business Description

Other Exchanges 7839:Japan
Address 5-8-5 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Shoei Co Ltd main business is the manufacture and sale of helmets for passengers. The items handled are helmets and related products and are designed for riding on general motorcycles. Geographically the company derives the majority of its revenue from Japan. The company also generates revenue from France, Germany, the United States, china, and other countries.
97GF Score

Get the complete analysis for SHOFF

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

$11.43
Price
$11.83
GF Value