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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 Kao Hsing Chang Iron & Steel's Debt-to-Equity or its related term are showing as below:
TPE:2008'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 1.1 Max: 1.58
Current: 1.12
During the past 13 years, the highest Debt-to-Equity Ratio of Kao Hsing Chang Iron & Steel was 1.58. The lowest was 0.57. And the median was 1.10.
TPE:2008's Debt-to-Equity is ranked worse than 83.21% of 548
companies
in the Steel industry
Industry Median: 0.4
vs TPE:2008: 1.12
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.
Kao Hsing Chang Iron & Steel Debt-to-Equity Related Terms
Kao Hsing Chang Iron & Steel 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:2008 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Kao Hsing Chang Iron & Steel'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.
Kao Hsing Chang Iron & Steel Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kao Hsing Chang Iron & Steel'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.
Kao Hsing Chang Iron & Steel (TPE:2008) has a Debt-to-Equity of 1.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kao Hsing Chang Iron & Steel and its competitors. This is near median its historical median of 1.10. Over the past decade, Kao Hsing Chang Iron & Steel's Debt-to-Equity has ranged from 0.57 to 1.58. According to the industry distribution chart, Kao Hsing Chang Iron & Steel ranks #456 out of 548 companies in the Steel industry, placing it in the top 83.2%.
Is Kao Hsing Chang Iron & Steel's Debt-to-Equity too high?
Kao Hsing Chang Iron & Steel's current Debt-to-Equity of 1.12 is near median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.58. The Steel industry median Debt-to-Equity is 0.40. Kao Hsing Chang Iron & Steel's value of 1.12 is 180% above this industry median. Based on the distribution chart, Kao Hsing Chang Iron & Steel ranks #456 out of 548 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Kao Hsing Chang Iron & Steel has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kao Hsing Chang Iron & Steel's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Kao Hsing Chang Iron & Steel ranks #456 out of 548 companies for Debt-to-Equity. This places Kao Hsing Chang Iron & Steel in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Kao Hsing Chang Iron & Steel's value of 1.12 is 180% above this benchmark. Historically, Kao Hsing Chang Iron & Steel's own Debt-to-Equity has ranged from 0.57 to 1.58 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.40, Kao Hsing Chang Iron & Steel 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 548 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. Kao Hsing Chang Iron & Steel's current Debt-to-Equity of 1.12 is 180% 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 Kao Hsing Chang Iron & Steel and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kao Hsing Chang Iron & Steel's current Debt-to-Equity is 1.12, which is near median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Hsing Chang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel (TPE:2008) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.70, compared to a current price of NT$30.75 — trading 15.2% above its estimated fair value. The current Debt-to-Equity is 1.12, which is near median its 10-year median of 1.10 and 180% above the Steel industry median of 0.40. Kao Hsing Chang Iron & Steel's overall GF Score™ is 76/100 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 Kao Hsing Chang Iron & Steel (TPE:2008), the current Debt-to-Equity is 1.12 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 Kao Hsing Chang Iron & Steel (TPE:2008) Overvalued in 2026?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel stock appears to be overvalued.
The current stock price of NT$30.75 is trading 15.2% above its estimated GF Value™ of NT$26.70.
GuruFocus considers Kao Hsing Chang Iron & Steel to be Modestly Overvalued.
Key valuation signals for TPE:2008:
Debt-to-Equity: 1.12 (near median its 10-year median of 1.10)
GF Value™: NT$26.70 vs. price of NT$30.75 (15.2% above fair value)
Industry Position: 180% above the Steel median (#456 of 548)
No single metric tells the full story. See the TPE:2008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, United States and Japan, of which the majority of the revenue comes from Taiwan.
76GF Score
Get the complete analysis for TPE:2008
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