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Winbond ElectronicsTPE:2344 +2.48%68 Debt-to-Equity is 0.43 as of Jun. 2026, which is 4% below its 10-year median of 0.45. GuruFocus rates TPE:2344 with a GF Score™ of 68/100 and a GF Value™ of NT$56.06 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 911 Semiconductors companies, Winbond Electronics ranks worse than 62.24% 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 Winbond Electronics's Debt-to-Equity or its related term are showing as below:
TPE:2344'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.45 Max: 0.72
Current: 0.43
During the past 13 years, the highest Debt-to-Equity Ratio of Winbond Electronics was 0.72. The lowest was 0.17. And the median was 0.45.
TPE:2344's Debt-to-Equity is ranked worse than 62.24% of 911
companies
in the Semiconductors industry
Industry Median: 0.25
vs TPE:2344: 0.43
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.
Winbond Electronics Debt-to-Equity Related Terms
Winbond Electronics Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Winbond Electronics'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:2344 vs NVDA, AVGO, MU: Debt-to-Equity Comparison
For the Semiconductors subindustry, Winbond Electronics'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.
Winbond Electronics Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Winbond Electronics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Winbond Electronics'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.
Winbond Electronics (TPE:2344) has a Debt-to-Equity of 0.43 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Winbond Electronics and its competitors. This is near median its historical median of 0.45. Over the past decade, Winbond Electronics' Debt-to-Equity has ranged from 0.17 to 0.72. According to the industry distribution chart, Winbond Electronics ranks #567 out of 911 companies in the Semiconductors industry, placing it in the top 62.2%.
Is Winbond Electronics' Debt-to-Equity too high?
Winbond Electronics' current Debt-to-Equity of 0.43 is near median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.72. The Semiconductors industry median Debt-to-Equity is 0.25. Winbond Electronics' value of 0.43 is 72% above this industry median. Based on the distribution chart, Winbond Electronics ranks #567 out of 911 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Winbond Electronics has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Winbond Electronics' Debt-to-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Winbond Electronics ranks #567 out of 911 companies for Debt-to-Equity. This places Winbond Electronics in the lower half of its industry. The industry median Debt-to-Equity is 0.25. Winbond Electronics' value of 0.43 is 72% above this benchmark. Historically, Winbond Electronics' own Debt-to-Equity has ranged from 0.17 to 0.72 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.25, Winbond Electronics 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.25, based on 911 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. Winbond Electronics's current Debt-to-Equity of 0.43 is 72% 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 Winbond Electronics and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winbond Electronics's current Debt-to-Equity is 0.43, which is near median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winbond Electronics stock overvalued right now?
Based on GuruFocus' analysis, Winbond Electronics (TPE:2344) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$56.06, compared to a current price of NT$186.00 — trading 231.8% above its estimated fair value. The current Debt-to-Equity is 0.43, which is near median its 10-year median of 0.45 and 72% above the Semiconductors industry median of 0.25. Winbond Electronics' overall GF Score™ is 68/100 with 5 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 Winbond Electronics (TPE:2344), the current Debt-to-Equity is 0.43 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 Winbond Electronics (TPE:2344) Overvalued in 2026?
Based on GuruFocus' analysis, Winbond Electronics stock appears to be overvalued.
The current stock price of NT$186.00 is trading 231.8% above its estimated GF Value™ of NT$56.06.
GuruFocus considers Winbond Electronics to be Significantly Overvalued.
Key valuation signals for TPE:2344:
Debt-to-Equity: 0.43 (near median its 10-year median of 0.45)
GF Value™: NT$56.06 vs. price of NT$186.00 (231.8% above fair value)
Industry Position: 72% above the Semiconductors median (#567 of 911)
No single metric tells the full story. See the TPE:2344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Winbond Electronics Corp is engaged in the design, development, manufacture, and marketing of very large scale integration (VLSI) integrated circuits (ICs) used in a variety of microelectronic applications. In addition, it offers customised memory solutions like Mobile RAM and Specialty DRAM, and core storage flash memory products. The company's operating segments are Customized Memory Solution product, Flash Memory product, and Logic IC product. Maximum revenue is generated from the Flash Memory product segment, which engages mainly in the manufacturing, selling, researching, designing and after-sales service of Flash Memory product. Geographically, the company generates maximum revenue from Asia, followed by America, Europe, and Other regions.
68GF Score
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