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.
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.
Chicony Electronics CoTPE:2385 +1.42%81 Debt-to-Equity is 0.35 as of Mar. 2026, which is 119% above its 10-year median of 0.16. GuruFocus rates TPE:2385 with a GF Score™ of 81/100 and a GF Value™ of NT$139.40 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,224 Hardware companies, Chicony Electronics Co ranks worse than 56.74% 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 Chicony Electronics Co's Debt-to-Equity or its related term are showing as below:
TPE:2385'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.16 Max: 0.65
Current: 0.35
During the past 13 years, the highest Debt-to-Equity Ratio of Chicony Electronics Co was 0.65. The lowest was 0.02. And the median was 0.16.
TPE:2385's Debt-to-Equity is ranked worse than 56.74% of 2224
companies
in the Hardware industry
Industry Median: 0.27
vs TPE:2385: 0.35
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.
Chicony Electronics Co Debt-to-Equity Related Terms
Chicony Electronics Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Chicony Electronics Co'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:2385 vs DELL, ANET, SNDK: Debt-to-Equity Comparison
For the Computer Hardware subindustry, Chicony Electronics Co'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.
Chicony Electronics Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Chicony Electronics Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Chicony Electronics Co'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.
Chicony Electronics Co (TPE:2385) has a Debt-to-Equity of 0.35 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Chicony Electronics Co and its competitors. This is 119% above median its historical median of 0.16. Over the past decade, Chicony Electronics Co's Debt-to-Equity has ranged from 0.02 to 0.65. According to the industry distribution chart, Chicony Electronics Co ranks #1262 out of 2224 companies in the Hardware industry, placing it in the top 56.7%.
Is Chicony Electronics Co's Debt-to-Equity too high?
Chicony Electronics Co's current Debt-to-Equity of 0.35 is 119% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.65. The Hardware industry median Debt-to-Equity is 0.27. Chicony Electronics Co's value of 0.35 is 29.6% above this industry median. Based on the distribution chart, Chicony Electronics Co ranks #1262 out of 2224 companies in the Hardware industry, which is below the industry midpoint. Overall, Chicony Electronics Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chicony Electronics Co's Debt-to-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, Chicony Electronics Co ranks #1262 out of 2224 companies for Debt-to-Equity. This places Chicony Electronics Co in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Chicony Electronics Co's value of 0.35 is 29.6% above this benchmark. Historically, Chicony Electronics Co's own Debt-to-Equity has ranged from 0.02 to 0.65 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.27, Chicony Electronics Co 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 0.27, 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. Chicony Electronics Co's current Debt-to-Equity of 0.35 is 29.6% 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 Chicony Electronics Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chicony Electronics Co's current Debt-to-Equity is 0.35, which is 119% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicony Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Chicony Electronics Co (TPE:2385) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$139.40, compared to a current price of NT$107.50 — trading 22.9% below its estimated fair value. The current Debt-to-Equity is 0.35, which is 119% above median its 10-year median of 0.16 and 29.6% above the Hardware industry median of 0.27. Chicony Electronics Co's overall GF Score™ is 81/100 with 6 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 Chicony Electronics Co (TPE:2385), the current Debt-to-Equity is 0.35 as of Mar. 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 Chicony Electronics Co (TPE:2385) Overvalued in 2026?
Based on GuruFocus' analysis, Chicony Electronics Co stock appears to be undervalued.
The current stock price of NT$107.50 is trading 22.9% below its estimated GF Value™ of NT$139.40.
GuruFocus considers Chicony Electronics Co to be Modestly Undervalued.
Key valuation signals for TPE:2385:
Debt-to-Equity: 0.35 (119% above median its 10-year median of 0.16)
GF Value™: NT$139.40 vs. price of NT$107.50 (22.9% below fair value)
Industry Position: 29.6% above the Hardware median (#1262 of 2224)
No single metric tells the full story. See the TPE:2385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, and Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The company's inventories are keyboards, mouses, switching power supplies, lens modules, and other computer information-related peripherals and components. Geographically, it generates the majority of its revenue from Taiwan.
81GF Score
Get the complete analysis for TPE:2385
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2385 has been successfully added to your 
