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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 Meiloon Industrial Co's Debt-to-Equity or its related term are showing as below:
TPE:2477'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.47 Max: 0.65
Current: 0.65
During the past 13 years, the highest Debt-to-Equity Ratio of Meiloon Industrial Co was 0.65. The lowest was 0.06. And the median was 0.47.
TPE:2477's Debt-to-Equity is ranked worse than 74.87% of 2236
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:2477: 0.65
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.
Meiloon Industrial Co Debt-to-Equity Related Terms
Meiloon Industrial Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Meiloon Industrial 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.
For the Consumer Electronics subindustry, Meiloon Industrial 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.
Meiloon Industrial Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Meiloon Industrial Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Meiloon Industrial 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.
Meiloon Industrial Co (TPE:2477) has a Debt-to-Equity of 0.65 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Meiloon Industrial Co and its competitors. This is 38% above median its historical median of 0.47. Over the past decade, Meiloon Industrial Co's Debt-to-Equity has ranged from 0.06 to 0.65. According to the industry distribution chart, Meiloon Industrial Co ranks #1674 out of 2236 companies in the Hardware industry, placing it in the top 74.9%.
Is Meiloon Industrial Co's Debt-to-Equity too high?
Meiloon Industrial Co's current Debt-to-Equity of 0.65 is 38% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.65. The Hardware industry median Debt-to-Equity is 0.28. Meiloon Industrial Co's value of 0.65 is 132.1% above this industry median. Based on the distribution chart, Meiloon Industrial Co ranks #1674 out of 2236 companies in the Hardware industry, which is below the industry midpoint. Overall, Meiloon Industrial Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiloon Industrial Co's Debt-to-Equity compare to AAPL?
According to the Hardware industry distribution chart, Meiloon Industrial Co ranks #1674 out of 2236 companies for Debt-to-Equity. This places Meiloon Industrial Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Meiloon Industrial Co's value of 0.65 is 132.1% above this benchmark. Historically, Meiloon Industrial Co's own Debt-to-Equity has ranged from 0.06 to 0.65 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.28, Meiloon Industrial 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 0.28, based on 2,236 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. Meiloon Industrial Co's current Debt-to-Equity of 0.65 is 132.1% 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 Meiloon Industrial Co 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. Meiloon Industrial Co's current Debt-to-Equity is 0.65, which is 38% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiloon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Meiloon Industrial Co (TPE:2477) is currently considered Fairly Valued. The stock's GF Value™ is NT$21.93, compared to a current price of NT$21.65 — trading 1.3% below its estimated fair value. The current Debt-to-Equity is 0.65, which is 38% above median its 10-year median of 0.47 and 132.1% above the Hardware industry median of 0.28. Meiloon Industrial Co's overall GF Score™ is 76/100 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 Meiloon Industrial Co (TPE:2477), the current Debt-to-Equity is 0.65 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 Meiloon Industrial Co (TPE:2477) Overvalued in 2026?
Based on GuruFocus' analysis, Meiloon Industrial Co stock appears to be undervalued.
The current stock price of NT$21.65 is trading 1.3% below its estimated GF Value™ of NT$21.93.
GuruFocus considers Meiloon Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2477:
Debt-to-Equity: 0.65 (38% above median its 10-year median of 0.47)
GF Value™: NT$21.93 vs. price of NT$21.65 (1.3% below fair value)
Industry Position: 132.1% above the Hardware median (#1674 of 2236)
No single metric tells the full story. See the TPE:2477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiloon Industrial Co Ltd designs and manufactures all types of visual and audio products. Its product line includes hi-fi home theater systems; car speakers and amplifiers; professional audio speakers; projectors and many others. Its segments include the Loudspeaker segment and Other segments. Its geographic segments include Europe, Americas, Asia, Taiwan, and Other regions. It generates the majority of its revenue from Europe.
76GF Score
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