Amulaire Thermal Technology (TPE:2241) Debt-to-Equity: 0.41 (As of Jun. 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2241 Amulaire Thermal Technology Inc TPE:2241
53 GF Score
Price NT$41.05
GF Value NT$35.57
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Amulaire Thermal Technology Debt-to-Equity?

Amulaire Thermal Technology TPE:2241 +2.23% 53 Debt-to-Equity is 0.41 as of Jun. 2026, which is 31% below its 10-year median of 0.59. GuruFocus rates TPE:2241 with a GF Score™ of 53/100 and a GF Value™ of NT$35.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,223 Vehicles & Parts companies, Amulaire Thermal Technology ranks worse than 50.53% on this metric.

Amulaire Thermal Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$167.5 Mil. Amulaire Thermal Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$442.0 Mil. Amulaire Thermal Technology's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$1,311.0 Mil. Amulaire Thermal Technology's debt to equity for the quarter that ended in Jun. 2026 was 0.46.

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 Amulaire Thermal Technology's Debt-to-Equity or its related term are showing as below:

TPE:2241' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.59   Max: 1.33
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Amulaire Thermal Technology was 1.33. The lowest was 0.27. And the median was 0.59.

TPE:2241's Debt-to-Equity is ranked worse than
50.53% of 1223 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs TPE:2241: 0.47

Amulaire Thermal Technology  (TPE:2241) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Amulaire Thermal Technology Debt-to-Equity Related Terms


Amulaire Thermal Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Amulaire Thermal Technology'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.

Amulaire Thermal Technology Debt-to-Equity Chart

Amulaire Thermal Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.91 0.47 0.53 0.37

Amulaire Thermal Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.37 0.37 0.43 0.41

TPE:2241 vs ORLY, AZO, GPC: Debt-to-Equity Comparison

For the Auto Parts subindustry, Amulaire Thermal Technology'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.


Amulaire Thermal Technology Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Amulaire Thermal Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Amulaire Thermal Technology's Debt-to-Equity falls into.


TPE:2241
53GF Score
Amulaire Thermal Technology Inc TPE:2241
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amulaire Thermal Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Amulaire Thermal Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Amulaire Thermal Technology's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.41 mean?
Amulaire Thermal Technology (TPE:2241) has a Debt-to-Equity of 0.41 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Amulaire Thermal Technology and its competitors. This is 31% below median its historical median of 0.59. Over the past decade, Amulaire Thermal Technology's Debt-to-Equity has ranged from 0.27 to 1.33. According to the industry distribution chart, Amulaire Thermal Technology ranks #618 out of 1223 companies in the Vehicles & Parts industry, placing it in the top 50.5%.
Is Amulaire Thermal Technology's Debt-to-Equity too high?
Amulaire Thermal Technology's current Debt-to-Equity of 0.41 is 31% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.33. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Amulaire Thermal Technology's value of 0.41 is 10.9% below this industry median. Based on the distribution chart, Amulaire Thermal Technology ranks #618 out of 1223 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Amulaire Thermal Technology has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amulaire Thermal Technology's Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Amulaire Thermal Technology ranks #618 out of 1223 companies for Debt-to-Equity. This places Amulaire Thermal Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Amulaire Thermal Technology's value of 0.41 is 10.9% below this benchmark. Historically, Amulaire Thermal Technology's own Debt-to-Equity has ranged from 0.27 to 1.33 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.46, Amulaire Thermal Technology 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 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. Amulaire Thermal Technology's current Debt-to-Equity of 0.41 is 10.9% 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 Amulaire Thermal Technology 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. Amulaire Thermal Technology's current Debt-to-Equity is 0.41, which is 31% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amulaire Thermal Technology stock overvalued right now?
Based on GuruFocus' analysis, Amulaire Thermal Technology (TPE:2241) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.57, compared to a current price of NT$41.05 — trading 15.4% above its estimated fair value. The current Debt-to-Equity is 0.41, which is 31% below median its 10-year median of 0.59 and 10.9% below the Vehicles & Parts industry median of 0.46. Amulaire Thermal Technology's overall GF Score™ is 53/100 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 Amulaire Thermal Technology (TPE:2241), the current Debt-to-Equity is 0.41 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 Amulaire Thermal Technology (TPE:2241) Overvalued in 2026?

Based on GuruFocus' analysis, Amulaire Thermal Technology stock appears to be overvalued. The current stock price of NT$41.05 is trading 15.4% above its estimated GF Value™ of NT$35.57. GuruFocus considers Amulaire Thermal Technology to be Fairly Valued.

Key valuation signals for TPE:2241:

  • Debt-to-Equity: 0.41 (31% below median its 10-year median of 0.59)
  • GF Value™: NT$35.57 vs. price of NT$41.05 (15.4% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 10.9% below the Vehicles & Parts median (#618 of 1223)

No single metric tells the full story. See the TPE:2241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amulaire Thermal Technology Business Description

Address Wenhua 3rd Road, 10th Floor, No. 455, Section 2, Linkou District, New Taipei City, Taipei, TWN
Amulaire Thermal Technology Inc is a Taiwan-based manufacturer of thermal management components for high-power electronics, using molding and related technologies. Its products include inverter cooling modules and components, advanced driver assistance system (ADAS) cooling solutions, and other cooling systems for high-power electronic applications. These components serve automotive and industrial electronics customers, particularly in electric vehicle and power electronics supply chains. The company operates internationally, with markets including Taiwan, Germany, China, Poland, and Japan, and it generates a significant portion of its revenue from Germany. Its business model centers on the design, manufacturing, and sale of these thermal components to original equipment manufacturers and system suppliers.
53GF Score

Get the complete analysis for TPE:2241

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$41.05
Price
NT$35.57
GF Value