KYE Systems (TPE:2365) Debt-to-Equity: 0.08 (As of Jun. 2026) — 38% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:2365 KYE Systems Corp TPE:2365
75 GF Score
Price NT$30.40
GF Value NT$37.59
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is KYE Systems Debt-to-Equity?

KYE Systems TPE:2365 +0.16% 75 Debt-to-Equity is 0.08 as of Jun. 2026, which is 38% below its 10-year median of 0.13. GuruFocus rates TPE:2365 with a GF Score™ of 75/100 and a GF Value™ of NT$37.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,229 Hardware companies, KYE Systems ranks better than 75.77% on this metric.

KYE Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$22.6 Mil. KYE Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$226.2 Mil. KYE Systems's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$3,077.5 Mil. KYE Systems's debt to equity for the quarter that ended in Jun. 2026 was 0.08.

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 KYE Systems's Debt-to-Equity or its related term are showing as below:

TPE:2365' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.13   Max: 0.38
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of KYE Systems was 0.38. The lowest was 0.06. And the median was 0.13.

TPE:2365's Debt-to-Equity is ranked better than
75.77% of 2229 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:2365: 0.08

KYE Systems  (TPE:2365) 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.


KYE Systems Debt-to-Equity Related Terms


KYE Systems Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for KYE Systems'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.

KYE Systems Debt-to-Equity Chart

KYE Systems 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 0.13 0.12 0.13 0.09 0.09

KYE Systems 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 0.09 0.09 0.09 0.08 0.08

TPE:2365 vs DELL, ANET, SNDK: Debt-to-Equity Comparison

For the Computer Hardware subindustry, KYE Systems'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.


KYE Systems Debt-to-Equity vs Hardware Industry

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

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


TPE:2365
75GF Score
KYE Systems Corp TPE:2365
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KYE Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

KYE Systems'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 0.08 mean?
KYE Systems (TPE:2365) has a Debt-to-Equity of 0.08 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on KYE Systems and its competitors. This is 38% below median its historical median of 0.13. Over the past decade, KYE Systems' Debt-to-Equity has ranged from 0.06 to 0.38. According to the industry distribution chart, KYE Systems ranks #540 out of 2229 companies in the Hardware industry, placing it in the top 24.2%.
Is KYE Systems' Debt-to-Equity too high?
KYE Systems' current Debt-to-Equity of 0.08 is 38% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.38. The Hardware industry median Debt-to-Equity is 0.28. KYE Systems' value of 0.08 is 71.4% below this industry median. Based on the distribution chart, KYE Systems ranks #540 out of 2229 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, KYE Systems has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' Debt-to-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, KYE Systems ranks #540 out of 2229 companies for Debt-to-Equity. This places KYE Systems in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. KYE Systems' value of 0.08 is 71.4% below this benchmark. Historically, KYE Systems' own Debt-to-Equity has ranged from 0.06 to 0.38 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.28, KYE Systems 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,229 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. KYE Systems's current Debt-to-Equity of 0.08 is 71.4% 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 KYE Systems 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. KYE Systems's current Debt-to-Equity is 0.08, which is 38% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.59, compared to a current price of NT$30.40 — trading 19.1% below its estimated fair value. The current Debt-to-Equity is 0.08, which is 38% below median its 10-year median of 0.13 and 71.4% below the Hardware industry median of 0.28. KYE Systems' overall GF Score™ is 75/100 with 3 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 KYE Systems (TPE:2365), the current Debt-to-Equity is 0.08 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 KYE Systems (TPE:2365) Overvalued in 2026?

Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued. The current stock price of NT$30.40 is trading 19.1% below its estimated GF Value™ of NT$37.59. GuruFocus considers KYE Systems to be Modestly Undervalued.

Key valuation signals for TPE:2365:

  • Debt-to-Equity: 0.08 (38% below median its 10-year median of 0.13)
  • GF Value™: NT$37.59 vs. price of NT$30.40 (19.1% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 71.4% below the Hardware median (#540 of 2229)

No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KYE Systems Business Description

Address Number 492, Chongxin Road, 1st-8th Floor, Section 5, Sanchong District, New Taipei City, TWN, 24160
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
75GF Score

Get the complete analysis for TPE:2365

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

NT$30.40
Price
NT$37.59
GF Value