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Victory New Materials CoTPE:1340 -0.38%42 Debt-to-Equity is 0.11 as of Mar. 2026, which is 1000% above its 10-year median of 0.01. GuruFocus rates TPE:1340 with a GF Score™ of 42/100 and a GF Value™ of NT$2.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 931 Manufacturing - Apparel & Accessories companies, Victory New Materials Co ranks better than 79.27% 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 Victory New Materials Co's Debt-to-Equity or its related term are showing as below:
TPE:1340'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.11
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of Victory New Materials Co was 0.11. The lowest was 0.00. And the median was 0.01.
TPE:1340's Debt-to-Equity is ranked better than 79.27% of 931
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs TPE:1340: 0.11
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.
Victory New Materials Co Debt-to-Equity Related Terms
Victory New Materials 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.
TPE:1340 vs NKE, DECK, ONON: Debt-to-Equity Comparison
For the Footwear & Accessories subindustry, Victory New Materials 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.
Victory New Materials Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Victory New Materials Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Victory New Materials 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.
Victory New Materials Co (TPE:1340) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Victory New Materials Co and its competitors. This is 1000% above median its historical median of 0.01. According to the industry distribution chart, Victory New Materials Co ranks #193 out of 931 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.7%.
Is Victory New Materials Co's Debt-to-Equity too high?
Victory New Materials Co's current Debt-to-Equity of 0.11 is 1000% above median its 10-year median of 0.01. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Victory New Materials Co's value of 0.11 is 73.2% below this industry median. Based on the distribution chart, Victory New Materials Co ranks #193 out of 931 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Victory New Materials Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory New Materials Co's Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Victory New Materials Co ranks #193 out of 931 companies for Debt-to-Equity. This places Victory New Materials Co in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Victory New Materials Co's value of 0.11 is 73.2% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.41, Victory New Materials 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 0.41, based on 931 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. Victory New Materials Co's current Debt-to-Equity of 0.11 is 73.2% 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 Victory New Materials Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory New Materials Co's current Debt-to-Equity is 0.11, which is 1000% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Victory New Materials Co (TPE:1340) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.58, compared to a current price of NT$5.23 — trading 102.7% above its estimated fair value. The current Debt-to-Equity is 0.11, which is 1000% above median its 10-year median of 0.01 and 73.2% below the Manufacturing - Apparel & Accessories industry median of 0.41. Victory New Materials Co's overall GF Score™ is 42/100 with 6 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 Victory New Materials Co (TPE:1340), the current Debt-to-Equity is 0.11 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 Victory New Materials Co (TPE:1340) Overvalued in 2026?
Based on GuruFocus' analysis, Victory New Materials Co stock appears to be overvalued.
The current stock price of NT$5.23 is trading 102.7% above its estimated GF Value™ of NT$2.58.
GuruFocus considers Victory New Materials Co to be Significantly Overvalued.
Key valuation signals for TPE:1340:
Debt-to-Equity: 0.11 (1000% above median its 10-year median of 0.01)
GF Value™: NT$2.58 vs. price of NT$5.23 (102.7% above fair value)
Industry Position: 73.2% below the Manufacturing - Apparel & Accessories median (#193 of 931)
No single metric tells the full story. See the TPE:1340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victory New Materials Ltd Co is engaged in the manufacturing and trading of various types of shoe sole materials and office building and factory leasing and hotel operations and other related business operations and investments. Its products include rubber soles, monochrome soles, two-color dual-hardness soles, and color dual-density soles. The company also provides rubber foam soles and EVO granules, as well as finished shoes.
42GF Score
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