Ten Ren Tea Co (TPE:1233) Debt-to-Equity: 0.31 (As of Jun. 2026) — 16% Below Median

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TPE:1233 Ten Ren Tea Co Ltd TPE:1233
73 GF Score
Price NT$28.90
GF Value NT$32.92
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ten Ren Tea Co Debt-to-Equity?

Ten Ren Tea Co TPE:1233 +1.58% 73 Debt-to-Equity is 0.31 as of Jun. 2026, which is 16% below its 10-year median of 0.37. GuruFocus rates TPE:1233 with a GF Score™ of 73/100 and a GF Value™ of NT$32.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,757 Consumer Packaged Goods companies, Ten Ren Tea Co ranks better than 58.34% on this metric.

Ten Ren Tea Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$272 Mil. Ten Ren Tea Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$170 Mil. Ten Ren Tea Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$1,404 Mil. Ten Ren Tea Co's debt to equity for the quarter that ended in Jun. 2026 was 0.31.

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

TPE:1233' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.37   Max: 0.47
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Ten Ren Tea Co was 0.47. The lowest was 0.07. And the median was 0.37.

TPE:1233's Debt-to-Equity is ranked better than
58.34% of 1757 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs TPE:1233: 0.31

Ten Ren Tea Co  (TPE:1233) 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.


Ten Ren Tea Co Debt-to-Equity Related Terms


Ten Ren Tea Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ten Ren Tea 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.

Ten Ren Tea Co Debt-to-Equity Chart

Ten Ren Tea Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.38 0.36 0.38 0.37

Ten Ren Tea Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.37 0.40 0.37 0.35 0.31

TPE:1233 vs KHC, GIS: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Ten Ren Tea 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.


Ten Ren Tea Co Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ten Ren Tea Co's Debt-to-Equity distribution charts can be found below:

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


TPE:1233
73GF Score
Ten Ren Tea Co Ltd TPE:1233
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ten Ren Tea Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ten Ren Tea Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ten Ren Tea Co's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.31 mean?
Ten Ren Tea Co (TPE:1233) has a Debt-to-Equity of 0.31 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ten Ren Tea Co and its competitors. This is 16% below median its historical median of 0.37. Over the past decade, Ten Ren Tea Co's Debt-to-Equity has ranged from 0.07 to 0.47. According to the industry distribution chart, Ten Ren Tea Co ranks #732 out of 1757 companies in the Consumer Packaged Goods industry, placing it in the top 41.7%.
Is Ten Ren Tea Co's Debt-to-Equity too high?
Ten Ren Tea Co's current Debt-to-Equity of 0.31 is 16% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.47. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Ten Ren Tea Co's value of 0.31 is 26.2% below this industry median. Based on the distribution chart, Ten Ren Tea Co ranks #732 out of 1757 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ten Ren Tea Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ten Ren Tea Co's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ten Ren Tea Co ranks #732 out of 1757 companies for Debt-to-Equity. This puts Ten Ren Tea Co in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Ten Ren Tea Co's value of 0.31 is 26.2% below this benchmark. Historically, Ten Ren Tea Co's own Debt-to-Equity has ranged from 0.07 to 0.47 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.42, Ten Ren Tea 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,757 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. Ten Ren Tea Co's current Debt-to-Equity of 0.31 is 26.2% 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 Ten Ren Tea Co and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Ren Tea Co's current Debt-to-Equity is 0.31, which is 16% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Ren Tea Co stock overvalued right now?
Based on GuruFocus' analysis, Ten Ren Tea Co (TPE:1233) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$32.92, compared to a current price of NT$28.90 — trading 12.2% below its estimated fair value. The current Debt-to-Equity is 0.31, which is 16% below median its 10-year median of 0.37 and 26.2% below the Consumer Packaged Goods industry median of 0.42. Ten Ren Tea Co's overall GF Score™ is 73/100 with 4 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 Ten Ren Tea Co (TPE:1233), the current Debt-to-Equity is 0.31 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 Ten Ren Tea Co (TPE:1233) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Ren Tea Co stock appears to be undervalued. The current stock price of NT$28.90 is trading 12.2% below its estimated GF Value™ of NT$32.92. GuruFocus considers Ten Ren Tea Co to be Modestly Undervalued.

Key valuation signals for TPE:1233:

  • Debt-to-Equity: 0.31 (16% below median its 10-year median of 0.37)
  • GF Value™: NT$32.92 vs. price of NT$28.90 (12.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 26.2% below the Consumer Packaged Goods median (#732 of 1757)

No single metric tells the full story. See the TPE:1233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Ren Tea Co Business Description

Address Zhongxiao East Road, No. 107, Sec 4, Da’an District, Taipei, TWN
Ten Ren Tea Co Ltd is engaged in the manufacture and sale of tea, tea sets, and beverages. The company markets spiced tea, herbal tea, tea bags, aged tea, cold brew, tea gift sets, green tgea, as well as teapots and cups. The segments of the company are Tea segment responsible for tea production and sales; and Food and beverage segment engaged in providing catering services. Geographically, the company derives maximum revenue from Taiwan.
73GF Score

Get the complete analysis for TPE:1233

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

NT$28.90
Price
NT$32.92
GF Value