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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 Unitech Printed Circuit Board's Debt-to-Equity or its related term are showing as below:
TPE:2367'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.81 Max: 1.09
Current: 0.77
During the past 13 years, the highest Debt-to-Equity Ratio of Unitech Printed Circuit Board was 1.09. The lowest was 0.50. And the median was 0.81.
TPE:2367's Debt-to-Equity is ranked worse than 78.58% of 2232
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:2367: 0.77
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.
Unitech Printed Circuit Board Debt-to-Equity Related Terms
Unitech Printed Circuit Board Debt-to-Equity Historical Data
* 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:2367 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Unitech Printed Circuit Board'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.
Unitech Printed Circuit Board Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Unitech Printed Circuit Board's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Unitech Printed Circuit Board'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.
Unitech Printed Circuit Board (TPE:2367) has a Debt-to-Equity of 0.77 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Unitech Printed Circuit Board and its competitors. This is near median its historical median of 0.81. Over the past decade, Unitech Printed Circuit Board's Debt-to-Equity has ranged from 0.50 to 1.09. According to the industry distribution chart, Unitech Printed Circuit Board ranks #1754 out of 2232 companies in the Hardware industry, placing it in the top 78.6%.
Is Unitech Printed Circuit Board's Debt-to-Equity too high?
Unitech Printed Circuit Board's current Debt-to-Equity of 0.77 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.09. The Hardware industry median Debt-to-Equity is 0.28. Unitech Printed Circuit Board's value of 0.77 is 175% above this industry median. Based on the distribution chart, Unitech Printed Circuit Board ranks #1754 out of 2232 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Unitech Printed Circuit Board has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unitech Printed Circuit Board's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Unitech Printed Circuit Board ranks #1754 out of 2232 companies for Debt-to-Equity. This places Unitech Printed Circuit Board in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Unitech Printed Circuit Board's value of 0.77 is 175% above this benchmark. Historically, Unitech Printed Circuit Board's own Debt-to-Equity has ranged from 0.50 to 1.09 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.28, Unitech Printed Circuit Board 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 2,232 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. Unitech Printed Circuit Board's current Debt-to-Equity of 0.77 is 175% 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 Unitech Printed Circuit Board 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. Unitech Printed Circuit Board's current Debt-to-Equity is 0.77, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitech Printed Circuit Board stock overvalued right now?
Based on GuruFocus' analysis, Unitech Printed Circuit Board (TPE:2367) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$27.84, compared to a current price of NT$44.80 — trading 60.9% above its estimated fair value. The current Debt-to-Equity is 0.77, which is near median its 10-year median of 0.81 and 175% above the Hardware industry median of 0.28. Unitech Printed Circuit Board's overall GF Score™ is 69/100 with 8 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 Unitech Printed Circuit Board (TPE:2367), the current Debt-to-Equity is 0.77 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 Unitech Printed Circuit Board (TPE:2367) Overvalued in 2026?
Based on GuruFocus' analysis, Unitech Printed Circuit Board stock appears to be overvalued.
The current stock price of NT$44.80 is trading 60.9% above its estimated GF Value™ of NT$27.84.
GuruFocus considers Unitech Printed Circuit Board to be Significantly Overvalued.
Key valuation signals for TPE:2367:
Debt-to-Equity: 0.77 (near median its 10-year median of 0.81)
GF Value™: NT$27.84 vs. price of NT$44.80 (60.9% above fair value)
Industry Position: 175% above the Hardware median (#1754 of 2232)
No single metric tells the full story. See the TPE:2367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Unitech Printed Circuit Board Corp is a manufacturer of printed circuit boards and solar cells. The company provides double-sided PCBs and multi-layer PCBs as well as mono-crystalline silicon solar cells, rigid-Flex PCBs, and multi-crystalline silicon solar cells.
69GF Score
Get the complete analysis for TPE:2367
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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