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Nankang Rubber TireTPE:2101 -0.33%60 Debt-to-Equity is 1.09 as of Jun. 2026, which is 15% below its 10-year median of 1.28. GuruFocus rates TPE:2101 with a GF Score™ of 60/100 and a GF Value™ of NT$77.76 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,223 Vehicles & Parts companies, Nankang Rubber Tire ranks worse than 77.51% 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 Nankang Rubber Tire's Debt-to-Equity or its related term are showing as below:
TPE:2101'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.73 Med: 1.28 Max: 2.01
Current: 1.09
During the past 13 years, the highest Debt-to-Equity Ratio of Nankang Rubber Tire was 2.01. The lowest was 0.73. And the median was 1.28.
TPE:2101's Debt-to-Equity is ranked worse than 77.51% of 1223
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs TPE:2101: 1.09
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.
Nankang Rubber Tire Debt-to-Equity Related Terms
Nankang Rubber Tire Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nankang Rubber Tire'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.
TPE:2101 vs ORLY, AZO, GPC: Debt-to-Equity Comparison
For the Auto Parts subindustry, Nankang Rubber Tire'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.
Nankang Rubber Tire Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nankang Rubber Tire'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.
Nankang Rubber Tire (TPE:2101) has a Debt-to-Equity of 1.09 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nankang Rubber Tire and its competitors. This is 15% below median its historical median of 1.28. Over the past decade, Nankang Rubber Tire's Debt-to-Equity has ranged from 0.73 to 2.01. According to the industry distribution chart, Nankang Rubber Tire ranks #948 out of 1223 companies in the Vehicles & Parts industry, placing it in the top 77.5%.
Is Nankang Rubber Tire's Debt-to-Equity too high?
Nankang Rubber Tire's current Debt-to-Equity of 1.09 is 15% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.01. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Nankang Rubber Tire's value of 1.09 is 137% above this industry median. Based on the distribution chart, Nankang Rubber Tire ranks #948 out of 1223 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nankang Rubber Tire has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nankang Rubber Tire ranks #948 out of 1223 companies for Debt-to-Equity. This places Nankang Rubber Tire in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Nankang Rubber Tire's value of 1.09 is 137% above this benchmark. Historically, Nankang Rubber Tire's own Debt-to-Equity has ranged from 0.73 to 2.01 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.46, Nankang Rubber Tire 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,223 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. Nankang Rubber Tire's current Debt-to-Equity of 1.09 is 137% 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 Nankang Rubber Tire and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nankang Rubber Tire's current Debt-to-Equity is 1.09, which is 15% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Possible Value Trap. The stock's GF Value™ is NT$77.76, compared to a current price of NT$30.15 — trading 61.2% below its estimated fair value. The current Debt-to-Equity is 1.09, which is 15% below median its 10-year median of 1.28 and 137% above the Vehicles & Parts industry median of 0.46. Nankang Rubber Tire's overall GF Score™ is 60/100 with 2 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 Nankang Rubber Tire (TPE:2101), the current Debt-to-Equity is 1.09 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?
Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued.
The current stock price of NT$30.15 is trading 61.2% below its estimated GF Value™ of NT$77.76.
GuruFocus considers Nankang Rubber Tire to be Possible Value Trap.
Key valuation signals for TPE:2101:
Debt-to-Equity: 1.09 (15% below median its 10-year median of 1.28)
GF Value™: NT$77.76 vs. price of NT$30.15 (61.2% below fair value)
Industry Position: 137% above the Vehicles & Parts median (#948 of 1223)
No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
60GF Score
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