Twinhead International (TPE:2364) Debt-to-Equity: 0.46 (As of Jun. 2026) — 70% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:2364 Twinhead International Corp TPE:2364
86 GF Score
Price NT$75.10
GF Value NT$81.17
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Twinhead International Debt-to-Equity?

Twinhead International TPE:2364 +0.67% 86 Debt-to-Equity is 0.46 as of Jun. 2026, which is 70% below its 10-year median of 1.54. GuruFocus rates TPE:2364 with a GF Score™ of 86/100 and a GF Value™ of NT$81.17 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,224 Hardware companies, Twinhead International ranks worse than 68.17% on this metric.

Twinhead International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$383 Mil. Twinhead International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$28 Mil. Twinhead International's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$897 Mil. Twinhead International'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 Twinhead International's Debt-to-Equity or its related term are showing as below:

TPE:2364' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 1.54   Max: 2.87
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Twinhead International was 2.87. The lowest was 0.44. And the median was 1.54.

TPE:2364's Debt-to-Equity is ranked worse than
68.17% of 2224 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:2364: 0.46

Twinhead International  (TPE:2364) 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.


Twinhead International Debt-to-Equity Related Terms


Twinhead International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Twinhead International'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.

Twinhead International Debt-to-Equity Chart

Twinhead International 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 2.17 1.74 1.41 0.86 0.44

Twinhead International 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 0.75 0.67 0.44 0.52 0.46

TPE:2364 vs DELL, ANET, SNDK: Debt-to-Equity Comparison

For the Computer Hardware subindustry, Twinhead International'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.


Twinhead International Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Twinhead International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Twinhead International's Debt-to-Equity falls into.


TPE:2364
86GF Score
Twinhead International Corp TPE:2364
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Twinhead International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Twinhead International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Twinhead International'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 0.46 mean?
Twinhead International (TPE:2364) has a Debt-to-Equity of 0.46 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Twinhead International and its competitors. This is 70% below median its historical median of 1.54. Over the past decade, Twinhead International's Debt-to-Equity has ranged from 0.44 to 2.87. According to the industry distribution chart, Twinhead International ranks #1516 out of 2224 companies in the Hardware industry, placing it in the top 68.2%.
Is Twinhead International's Debt-to-Equity too high?
Twinhead International's current Debt-to-Equity of 0.46 is 70% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.87. The Hardware industry median Debt-to-Equity is 0.28. Twinhead International's value of 0.46 is 64.3% above this industry median. Based on the distribution chart, Twinhead International ranks #1516 out of 2224 companies in the Hardware industry, which is below the industry midpoint. Overall, Twinhead International has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Twinhead International's Debt-to-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, Twinhead International ranks #1516 out of 2224 companies for Debt-to-Equity. This places Twinhead International in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Twinhead International's value of 0.46 is 64.3% above this benchmark. Historically, Twinhead International's own Debt-to-Equity has ranged from 0.44 to 2.87 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 0.28, Twinhead International 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,224 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. Twinhead International's current Debt-to-Equity of 0.46 is 64.3% 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 Twinhead International and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twinhead International's current Debt-to-Equity is 0.46, which is 70% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twinhead International stock overvalued right now?
Based on GuruFocus' analysis, Twinhead International (TPE:2364) is currently considered Fairly Valued. The stock's GF Value™ is NT$81.17, compared to a current price of NT$75.10 — trading 7.5% below its estimated fair value. The current Debt-to-Equity is 0.46, which is 70% below median its 10-year median of 1.54 and 64.3% above the Hardware industry median of 0.28. Twinhead International's overall GF Score™ is 86/100 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 Twinhead International (TPE:2364), the current Debt-to-Equity is 0.46 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 Twinhead International (TPE:2364) Overvalued in 2026?

Based on GuruFocus' analysis, Twinhead International stock appears to be undervalued. The current stock price of NT$75.10 is trading 7.5% below its estimated GF Value™ of NT$81.17. GuruFocus considers Twinhead International to be Fairly Valued.

Key valuation signals for TPE:2364:

  • Debt-to-Equity: 0.46 (70% below median its 10-year median of 1.54)
  • GF Value™: NT$81.17 vs. price of NT$75.10 (7.5% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 64.3% above the Hardware median (#1516 of 2224)

No single metric tells the full story. See the TPE:2364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twinhead International Business Description

Address Ruiguang Road, No. 550, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military or industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization services. Geographically, it generates the majority of its revenue from personal Europe.
86GF Score

Get the complete analysis for TPE:2364

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

NT$75.10
Price
NT$81.17
GF Value