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Tomra Systems ASATMRAY +11.25%91 Debt-to-Equity is 1.24 as of Jun. 2026, which is 130% above its 10-year median of 0.54. GuruFocus rates TMRAY with a GF Score™ of 91/100 and a GF Value™ of $16.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 213 Waste Management companies, Tomra Systems ASA ranks worse than 77.46% 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 Tomra Systems ASA's Debt-to-Equity or its related term are showing as below:
TMRAY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.54 Max: 1.26
Current: 1.24
During the past 13 years, the highest Debt-to-Equity Ratio of Tomra Systems ASA was 1.26. The lowest was 0.25. And the median was 0.54.
TMRAY's Debt-to-Equity is ranked worse than 77.46% of 213
companies
in the Waste Management industry
Industry Median: 0.62
vs TMRAY: 1.24
Tomra Systems ASA (OTCPK:TMRAY) Debt-to-Equity Explanation
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.
Tomra Systems ASA Debt-to-Equity Related Terms
Tomra Systems ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tomra Systems ASA'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 Waste Management subindustry, Tomra Systems ASA'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.
Tomra Systems ASA Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA'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.
Tomra Systems ASA (TMRAY) has a Debt-to-Equity of 1.24 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tomra Systems ASA and its competitors. This is 130% above median its historical median of 0.54. Over the past decade, Tomra Systems ASA's Debt-to-Equity has ranged from 0.25 to 1.26. According to the industry distribution chart, Tomra Systems ASA ranks #165 out of 213 companies in the Waste Management industry, placing it in the top 77.5%.
Is Tomra Systems ASA's Debt-to-Equity too high?
Tomra Systems ASA's current Debt-to-Equity of 1.24 is 130% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.26. The Waste Management industry median Debt-to-Equity is 0.62. Tomra Systems ASA's value of 1.24 is 100% above this industry median. Based on the distribution chart, Tomra Systems ASA ranks #165 out of 213 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Tomra Systems ASA has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #165 out of 213 companies for Debt-to-Equity. This places Tomra Systems ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Tomra Systems ASA's value of 1.24 is 100% above this benchmark. Historically, Tomra Systems ASA's own Debt-to-Equity has ranged from 0.25 to 1.26 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.62, Tomra Systems ASA 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 a Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.62, based on 213 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. Tomra Systems ASA's current Debt-to-Equity of 1.24 is 100% 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current Debt-to-Equity is 1.24, which is 130% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.20, compared to a current price of $11.43 — trading 29.5% below its estimated fair value. The current Debt-to-Equity is 1.24, which is 130% above median its 10-year median of 0.54 and 100% above the Waste Management industry median of 0.62. Tomra Systems ASA's overall GF Score™ is 91/100 with 3 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 Tomra Systems ASA (TMRAY), the current Debt-to-Equity is 1.24 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $11.43 is trading 29.5% below its estimated GF Value™ of $16.20.
GuruFocus considers Tomra Systems ASA to be Modestly Undervalued.
Key valuation signals for TMRAY:
Debt-to-Equity: 1.24 (130% above median its 10-year median of 0.54)
GF Value™: $16.20 vs. price of $11.43 (29.5% below fair value)
Industry Position: 100% above the Waste Management median (#165 of 213)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
91GF Score
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