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Tokyo Ohka Kogyo CoTOKCF 79 Debt-to-Equity is 0.12 as of Dec. 2025, which is 100% above its 10-year median of 0.06. GuruFocus rates TOKCF with a GF Score™ of 79/100 and a GF Value™ of $36.51 (Significantly Overvalued). Among 2,216 Hardware companies, Tokyo Ohka Kogyo Co ranks better than 70.62% 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 Tokyo Ohka Kogyo Co's Debt-to-Equity or its related term are showing as below:
TOKCF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.12
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of Tokyo Ohka Kogyo Co was 0.12. The lowest was 0.00. And the median was 0.06.
TOKCF's Debt-to-Equity is ranked better than 70.62% of 2216
companies
in the Hardware industry
Industry Median: 0.27
vs TOKCF: 0.11
Tokyo Ohka Kogyo Co (OTCPK:TOKCF) 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.
Tokyo Ohka Kogyo Co Debt-to-Equity Related Terms
Tokyo Ohka Kogyo Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Tokyo Ohka Kogyo 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.
For the Electronic Components subindustry, Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Ohka Kogyo Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Tokyo Ohka Kogyo 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.
Tokyo Ohka Kogyo Co (TOKCF) has a Debt-to-Equity of 0.12 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tokyo Ohka Kogyo Co and its competitors. This is 100% above median its historical median of 0.06. According to the industry distribution chart, Tokyo Ohka Kogyo Co ranks #651 out of 2216 companies in the Hardware industry, placing it in the top 29.4%.
Is Tokyo Ohka Kogyo Co's Debt-to-Equity too high?
Tokyo Ohka Kogyo Co's current Debt-to-Equity of 0.12 is 100% above median its 10-year median of 0.06. The Hardware industry median Debt-to-Equity is 0.27. Tokyo Ohka Kogyo Co's value of 0.12 is 55.6% below this industry median. Based on the distribution chart, Tokyo Ohka Kogyo Co ranks #651 out of 2216 companies in the Hardware industry, which is above the industry midpoint. Overall, Tokyo Ohka Kogyo Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Ohka Kogyo Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Ohka Kogyo Co ranks #651 out of 2216 companies for Debt-to-Equity. This puts Tokyo Ohka Kogyo Co in the upper half of its industry. The industry median Debt-to-Equity is 0.27. Tokyo Ohka Kogyo Co's value of 0.12 is 55.6% below this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.27, Tokyo Ohka Kogyo 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,216 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. Tokyo Ohka Kogyo Co's current Debt-to-Equity of 0.12 is 55.6% 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 Tokyo Ohka Kogyo Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Ohka Kogyo Co's current Debt-to-Equity is 0.12, which is 100% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Ohka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co (TOKCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $36.51, compared to a current price of $71.73 — trading 96.5% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 100% above median its 10-year median of 0.06 and 55.6% below the Hardware industry median of 0.27. Tokyo Ohka Kogyo Co's overall GF Score™ is 79/100. 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 Tokyo Ohka Kogyo Co (TOKCF), the current Debt-to-Equity is 0.12 as of Dec. 2025. 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 Tokyo Ohka Kogyo Co (TOKCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Ohka Kogyo Co stock appears to be overvalued.
The current stock price of $71.73 is trading 96.5% above its estimated GF Value™ of $36.51.
GuruFocus considers Tokyo Ohka Kogyo Co to be Significantly Overvalued.
Key valuation signals for TOKCF:
Debt-to-Equity: 0.12 (100% above median its 10-year median of 0.06)
GF Value™: $36.51 vs. price of $71.73 (96.5% above fair value)
Industry Position: 55.6% below the Hardware median (#651 of 2216)
No single metric tells the full story. See the TOKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm is mainly used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals.
79GF Score
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