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Hwa Fong Rubber Ind CoTPE:2109 +0.34%68 Debt-to-Equity is 0.72 as of Jun. 2026, which is 18% above its 10-year median of 0.61. GuruFocus rates TPE:2109 with a GF Score™ of 68/100 and a GF Value™ of NT$14.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,222 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks worse than 65.88% 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 Hwa Fong Rubber Ind Co's Debt-to-Equity or its related term are showing as below:
TPE:2109'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.61 Max: 0.8
Current: 0.72
During the past 13 years, the highest Debt-to-Equity Ratio of Hwa Fong Rubber Ind Co was 0.80. The lowest was 0.44. And the median was 0.61.
TPE:2109's Debt-to-Equity is ranked worse than 65.88% of 1222
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs TPE:2109: 0.72
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.
Hwa Fong Rubber Ind Co Debt-to-Equity Related Terms
Hwa Fong Rubber Ind Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hwa Fong Rubber Ind 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.
For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co (TPE:2109) has a Debt-to-Equity of 0.72 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hwa Fong Rubber Ind Co and its competitors. This is 18% above median its historical median of 0.61. Over the past decade, Hwa Fong Rubber Ind Co's Debt-to-Equity has ranged from 0.44 to 0.80. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #805 out of 1222 companies in the Vehicles & Parts industry, placing it in the top 65.9%.
Is Hwa Fong Rubber Ind Co's Debt-to-Equity too high?
Hwa Fong Rubber Ind Co's current Debt-to-Equity of 0.72 is 18% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.80. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Hwa Fong Rubber Ind Co's value of 0.72 is 56.5% above this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #805 out of 1222 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #805 out of 1222 companies for Debt-to-Equity. This places Hwa Fong Rubber Ind Co in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Hwa Fong Rubber Ind Co's value of 0.72 is 56.5% above this benchmark. Historically, Hwa Fong Rubber Ind Co's own Debt-to-Equity has ranged from 0.44 to 0.80 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.46, Hwa Fong Rubber Ind Co 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 1,222 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. Hwa Fong Rubber Ind Co's current Debt-to-Equity of 0.72 is 56.5% 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 Hwa Fong Rubber Ind Co 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. Hwa Fong Rubber Ind Co's current Debt-to-Equity is 0.72, which is 18% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.64, compared to a current price of NT$14.85 — trading 1.4% above its estimated fair value. The current Debt-to-Equity is 0.72, which is 18% above median its 10-year median of 0.61 and 56.5% above the Vehicles & Parts industry median of 0.46. Hwa Fong Rubber Ind Co's overall GF Score™ is 68/100 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 Hwa Fong Rubber Ind Co (TPE:2109), the current Debt-to-Equity is 0.72 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be overvalued.
The current stock price of NT$14.85 is trading 1.4% above its estimated GF Value™ of NT$14.64.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
Debt-to-Equity: 0.72 (18% above median its 10-year median of 0.61)
GF Value™: NT$14.64 vs. price of NT$14.85 (1.4% above fair value)
Industry Position: 56.5% above the Vehicles & Parts median (#805 of 1222)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
68GF Score
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