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Formosan Union ChemicalTPE:1709 -7.95%65 Debt-to-Equity is 0.11 as of Jun. 2026, which is 59% below its 10-year median of 0.27. GuruFocus rates TPE:1709 with a GF Score™ of 65/100 and a GF Value™ of NT$19.12 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,417 Chemicals companies, Formosan Union Chemical ranks better than 77.42% 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 Formosan Union Chemical's Debt-to-Equity or its related term are showing as below:
TPE:1709'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 0.45
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of Formosan Union Chemical was 0.45. The lowest was 0.11. And the median was 0.27.
TPE:1709's Debt-to-Equity is ranked better than 77.42% of 1417
companies
in the Chemicals industry
Industry Median: 0.37
vs TPE:1709: 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.
Formosan Union Chemical Debt-to-Equity Related Terms
Formosan Union Chemical 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.
For the Chemicals subindustry, Formosan Union Chemical'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.
Formosan Union Chemical Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosan Union Chemical's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Formosan Union Chemical'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.
Formosan Union Chemical (TPE:1709) has a Debt-to-Equity of 0.11 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Formosan Union Chemical and its competitors. This is 59% below median its historical median of 0.27. Over the past decade, Formosan Union Chemical's Debt-to-Equity has ranged from 0.11 to 0.45. According to the industry distribution chart, Formosan Union Chemical ranks #320 out of 1417 companies in the Chemicals industry, placing it in the top 22.6%.
Is Formosan Union Chemical's Debt-to-Equity too high?
Formosan Union Chemical's current Debt-to-Equity of 0.11 is 59% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.45. The Chemicals industry median Debt-to-Equity is 0.37. Formosan Union Chemical's value of 0.11 is 70.3% below this industry median. Based on the distribution chart, Formosan Union Chemical ranks #320 out of 1417 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Formosan Union Chemical has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosan Union Chemical's Debt-to-Equity compare to DOW?
According to the Chemicals industry distribution chart, Formosan Union Chemical ranks #320 out of 1417 companies for Debt-to-Equity. This places Formosan Union Chemical in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.37. Formosan Union Chemical's value of 0.11 is 70.3% below this benchmark. Historically, Formosan Union Chemical's own Debt-to-Equity has ranged from 0.11 to 0.45 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.37, Formosan Union Chemical 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.37, based on 1,417 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. Formosan Union Chemical's current Debt-to-Equity of 0.11 is 70.3% 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 Formosan Union Chemical and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosan Union Chemical's current Debt-to-Equity is 0.11, which is 59% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Union Chemical stock overvalued right now?
Based on GuruFocus' analysis, Formosan Union Chemical (TPE:1709) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.12, compared to a current price of NT$34.15 — trading 78.6% above its estimated fair value. The current Debt-to-Equity is 0.11, which is 59% below median its 10-year median of 0.27 and 70.3% below the Chemicals industry median of 0.37. Formosan Union Chemical's overall GF Score™ is 65/100 with 8 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 Formosan Union Chemical (TPE:1709), the current Debt-to-Equity is 0.11 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 Formosan Union Chemical (TPE:1709) Overvalued in 2026?
Based on GuruFocus' analysis, Formosan Union Chemical stock appears to be overvalued.
The current stock price of NT$34.15 is trading 78.6% above its estimated GF Value™ of NT$19.12.
GuruFocus considers Formosan Union Chemical to be Significantly Overvalued.
Key valuation signals for TPE:1709:
Debt-to-Equity: 0.11 (59% below median its 10-year median of 0.27)
GF Value™: NT$19.12 vs. price of NT$34.15 (78.6% above fair value)
Industry Position: 70.3% below the Chemicals median (#320 of 1417)
No single metric tells the full story. See the TPE:1709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the production, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants, rubbers, and plastic anti-oxidant agents, among others.
65GF Score
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