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Leadtek ResearchTPE:2465 -1.05%69 Debt-to-Equity is 0.14 as of Jun. 2026, which is 88% below its 10-year median of 1.19. GuruFocus rates TPE:2465 with a GF Score™ of 69/100 and a GF Value™ of NT$94.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,232 Hardware companies, Leadtek Research ranks better than 66.85% 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 Leadtek Research's Debt-to-Equity or its related term are showing as below:
TPE:2465'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 1.19 Max: 2.73
Current: 0.14
During the past 13 years, the highest Debt-to-Equity Ratio of Leadtek Research was 2.73. The lowest was 0.03. And the median was 1.19.
TPE:2465's Debt-to-Equity is ranked better than 66.85% of 2232
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:2465: 0.14
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.
Leadtek Research Debt-to-Equity Related Terms
Leadtek Research Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Leadtek Research'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:2465 vs DELL, ANET, SNDK: Debt-to-Equity Comparison
For the Computer Hardware subindustry, Leadtek Research'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.
Leadtek Research Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Leadtek Research's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Leadtek Research'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.
Leadtek Research (TPE:2465) has a Debt-to-Equity of 0.14 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Leadtek Research and its competitors. This is 88% below median its historical median of 1.19. Over the past decade, Leadtek Research's Debt-to-Equity has ranged from 0.03 to 2.73. According to the industry distribution chart, Leadtek Research ranks #740 out of 2232 companies in the Hardware industry, placing it in the top 33.2%.
Is Leadtek Research's Debt-to-Equity too high?
Leadtek Research's current Debt-to-Equity of 0.14 is 88% below median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 2.73. The Hardware industry median Debt-to-Equity is 0.28. Leadtek Research's value of 0.14 is 50% below this industry median. Based on the distribution chart, Leadtek Research ranks #740 out of 2232 companies in the Hardware industry, which is above the industry midpoint. Overall, Leadtek Research has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leadtek Research's Debt-to-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, Leadtek Research ranks #740 out of 2232 companies for Debt-to-Equity. This puts Leadtek Research in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Leadtek Research's value of 0.14 is 50% below this benchmark. Historically, Leadtek Research's own Debt-to-Equity has ranged from 0.03 to 2.73 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 0.28, Leadtek Research 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 2,232 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. Leadtek Research's current Debt-to-Equity of 0.14 is 50% 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 Leadtek Research 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. Leadtek Research's current Debt-to-Equity is 0.14, which is 88% below median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadtek Research stock overvalued right now?
Based on GuruFocus' analysis, Leadtek Research (TPE:2465) is currently considered Fairly Valued. The stock's GF Value™ is NT$94.20, compared to a current price of NT$94.00 — trading 0.2% below its estimated fair value. The current Debt-to-Equity is 0.14, which is 88% below median its 10-year median of 1.19 and 50% below the Hardware industry median of 0.28. Leadtek Research's overall GF Score™ is 69/100 with 4 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 Leadtek Research (TPE:2465), the current Debt-to-Equity is 0.14 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 Leadtek Research (TPE:2465) Overvalued in 2026?
Based on GuruFocus' analysis, Leadtek Research stock appears to be undervalued.
The current stock price of NT$94.00 is trading 0.2% below its estimated GF Value™ of NT$94.20.
GuruFocus considers Leadtek Research to be Fairly Valued.
Key valuation signals for TPE:2465:
Debt-to-Equity: 0.14 (88% below median its 10-year median of 1.19)
GF Value™: NT$94.20 vs. price of NT$94.00 (0.2% below fair value)
Industry Position: 50% below the Hardware median (#740 of 2232)
No single metric tells the full story. See the TPE:2465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leadtek Research Inc is the design, manufacturing, and trading of communication devices, computers, communications, telecommunications, and peripheral equipment. Company has two reportable segments: the computer product department and the smart healthcare department. The products offered by the company include computer entertainment graphics cards, AI Inference devices, AI cloud supercomputing workstations, GPU-based AI workstations, servers, and professional graphics cards (WinFast/RTX). The company has expanded beyond computer hardware into smart medical healthcare, offering AI-driven diagnostic devices, wearable ECG monitors, and health management platforms and others. Geographically, company's regional market includes Mainland China, Taiwan, USA, Hong Kong, Korea and other countries.
69GF Score
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