Gigastorage (TPE:2406) Debt-to-Equity: 2.08 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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:2406 Gigastorage Corp TPE:2406
51 GF Score
Price NT$28.65
GF Value NT$37.70
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Gigastorage Debt-to-Equity?

Gigastorage TPE:2406 -0.17% 51 Debt-to-Equity is 2.08 as of Jun. 2026, which is 7% above its 10-year median of 1.95. GuruFocus rates TPE:2406 with a GF Score™ of 51/100 and a GF Value™ of NT$37.70 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 911 Semiconductors companies, Gigastorage ranks worse than 94.4% on this metric.

Gigastorage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$2,892 Mil. Gigastorage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$4,817 Mil. Gigastorage's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$3,708 Mil. Gigastorage's debt to equity for the quarter that ended in Jun. 2026 was 2.08.

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

TPE:2406' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7   Med: 1.95   Max: 5.76
Current: 2.08

During the past 13 years, the highest Debt-to-Equity Ratio of Gigastorage was 5.76. The lowest was 0.70. And the median was 1.95.

TPE:2406's Debt-to-Equity is ranked worse than
94.4% of 911 companies
in the Semiconductors industry
Industry Median: 0.25 vs TPE:2406: 2.08

Gigastorage  (TPE:2406) 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.


Gigastorage Debt-to-Equity Related Terms


Gigastorage Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gigastorage'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.

Gigastorage Debt-to-Equity Chart

Gigastorage 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 2.04 0.91 1.08 1.59 1.95

Gigastorage 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 1.71 1.86 1.95 1.94 2.08

TPE:2406 vs FSLR, NXT, ENPH: Debt-to-Equity Comparison

For the Solar subindustry, Gigastorage'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.


Gigastorage Debt-to-Equity vs Semiconductors Industry

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

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


TPE:2406
51GF Score
Gigastorage Corp TPE:2406
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gigastorage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Gigastorage'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 2.08 mean?
Gigastorage (TPE:2406) has a Debt-to-Equity of 2.08 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gigastorage and its competitors. This is near median its historical median of 1.95. Over the past decade, Gigastorage's Debt-to-Equity has ranged from 0.70 to 5.76. According to the industry distribution chart, Gigastorage ranks #860 out of 911 companies in the Semiconductors industry, placing it in the top 94.4%.
Is Gigastorage's Debt-to-Equity too high?
Gigastorage's current Debt-to-Equity of 2.08 is near median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 5.76. The Semiconductors industry median Debt-to-Equity is 0.25. Gigastorage's value of 2.08 is 732% above this industry median. Based on the distribution chart, Gigastorage ranks #860 out of 911 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Gigastorage has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gigastorage's Debt-to-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Gigastorage ranks #860 out of 911 companies for Debt-to-Equity. This places Gigastorage in the lower half of its industry. The industry median Debt-to-Equity is 0.25. Gigastorage's value of 2.08 is 732% above this benchmark. Historically, Gigastorage's own Debt-to-Equity has ranged from 0.70 to 5.76 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 0.25, Gigastorage 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. Gigastorage's current Debt-to-Equity of 2.08 is 732% 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 Gigastorage 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. Gigastorage's current Debt-to-Equity is 2.08, which is near median its own 10-year median of 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gigastorage stock overvalued right now?
Based on GuruFocus' analysis, Gigastorage (TPE:2406) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.70, compared to a current price of NT$28.65 — trading 24% below its estimated fair value. The current Debt-to-Equity is 2.08, which is near median its 10-year median of 1.95 and 732% above the Semiconductors industry median of 0.25. Gigastorage's overall GF Score™ is 51/100 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 Gigastorage (TPE:2406), the current Debt-to-Equity is 2.08 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 Gigastorage (TPE:2406) Overvalued in 2026?

Based on GuruFocus' analysis, Gigastorage stock appears to be undervalued. The current stock price of NT$28.65 is trading 24% below its estimated GF Value™ of NT$37.70. GuruFocus considers Gigastorage to be Modestly Undervalued.

Key valuation signals for TPE:2406:

  • Debt-to-Equity: 2.08 (near median its 10-year median of 1.95)
  • GF Value™: NT$37.70 vs. price of NT$28.65 (24% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 732% above the Semiconductors median (#860 of 911)

No single metric tells the full story. See the TPE:2406 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gigastorage Business Description

Address No. 3, Industrial 1st Road, Hsinchu Industrial Park, Hukou Township, Hsinchu, TWN, 30351
Gigastorage Corp is engaged in the manufacturing of computers and peripherals, international trade, manufacturing and reproduction of data storage media, manufacturing and trading of electronic materials, components and silicon wafers, energy technology services and non-public power generation. Its segments are the Photovoltaic Materials Division, Solar Power Plant Division and Wire Materials Division. The Photovoltaic Materials Division, which generates the maximum revenue, is mainly engaged in the research and development, manufacturing and sales of solar conductive plasma. The Group operates in Mainland China, Taiwan, Southeast Asia and other countries. Taiwan generates the maximum revenue geographically.
51GF Score

Get the complete analysis for TPE:2406

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

NT$28.65
Price
NT$37.70
GF Value