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Takasago Thermal Engineering CoTKSNF 85 Debt-to-Equity is 0.20 as of Mar. 2026, which is 5% below its 10-year median of 0.21. GuruFocus rates TKSNF with a GF Score™ of 85/100 and a GF Value™ of $22.85 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,616 Construction companies, Takasago Thermal Engineering Co ranks better than 67.33% 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 Takasago Thermal Engineering Co's Debt-to-Equity or its related term are showing as below:
TKSNF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.21 Max: 0.25
Current: 0.2
During the past 13 years, the highest Debt-to-Equity Ratio of Takasago Thermal Engineering Co was 0.25. The lowest was 0.05. And the median was 0.21.
TKSNF's Debt-to-Equity is ranked better than 67.33% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs TKSNF: 0.20
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.
Takasago Thermal Engineering Co Debt-to-Equity Related Terms
Takasago Thermal Engineering Co 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.
Takasago Thermal Engineering Co Debt-to-Equity Chart
For the Building Products & Equipment subindustry, Takasago Thermal Engineering 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.
Takasago Thermal Engineering Co Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Takasago Thermal Engineering Co'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.
Takasago Thermal Engineering Co (TKSNF) has a Debt-to-Equity of 0.20 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Takasago Thermal Engineering Co and its competitors. This is near median its historical median of 0.21. Over the past decade, Takasago Thermal Engineering Co's Debt-to-Equity has ranged from 0.05 to 0.25. According to the industry distribution chart, Takasago Thermal Engineering Co ranks #528 out of 1616 companies in the Construction industry, placing it in the top 32.7%.
Is Takasago Thermal Engineering Co's Debt-to-Equity too high?
Takasago Thermal Engineering Co's current Debt-to-Equity of 0.20 is near median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.25. The Construction industry median Debt-to-Equity is 0.40. Takasago Thermal Engineering Co's value of 0.20 is 50% below this industry median. Based on the distribution chart, Takasago Thermal Engineering Co ranks #528 out of 1616 companies in the Construction industry, which is above the industry midpoint. Overall, Takasago Thermal Engineering Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takasago Thermal Engineering Co's Debt-to-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Takasago Thermal Engineering Co ranks #528 out of 1616 companies for Debt-to-Equity. This puts Takasago Thermal Engineering Co in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Takasago Thermal Engineering Co's value of 0.20 is 50% below this benchmark. Historically, Takasago Thermal Engineering Co's own Debt-to-Equity has ranged from 0.05 to 0.25 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.40, Takasago Thermal Engineering 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. Takasago Thermal Engineering Co's current Debt-to-Equity of 0.20 is 50% 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 Takasago Thermal Engineering Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago Thermal Engineering Co's current Debt-to-Equity is 0.20, which is near median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takasago Thermal Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co (TKSNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.85, compared to a current price of $28.56 — trading 25% above its estimated fair value. The current Debt-to-Equity is 0.20, which is near median its 10-year median of 0.21 and 50% below the Construction industry median of 0.40. Takasago Thermal Engineering Co's overall GF Score™ is 85/100 with 2 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 Takasago Thermal Engineering Co (TKSNF), the current Debt-to-Equity is 0.20 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 Takasago Thermal Engineering Co (TKSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co stock appears to be overvalued.
The current stock price of $28.56 is trading 25% above its estimated GF Value™ of $22.85.
GuruFocus considers Takasago Thermal Engineering Co to be Modestly Overvalued.
Key valuation signals for TKSNF:
Debt-to-Equity: 0.20 (near median its 10-year median of 0.21)
GF Value™: $22.85 vs. price of $28.56 (25% above fair value)
Industry Position: 50% below the Construction median (#528 of 1616)
No single metric tells the full story. See the TKSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Takasago Thermal Engineering Co Ltd is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focus on energy supply, power generation, and water treatment.
85GF Score
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