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Taiwan High Speed RailTPE:2633 +0.39%62 Debt-to-Equity is 3.98 as of Jun. 2026, which is 2% below its 10-year median of 4.08. GuruFocus rates TPE:2633 with a GF Score™ of 62/100 and a GF Value™ of NT$30.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 921 Transportation companies, Taiwan High Speed Rail ranks worse than 94.14% 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 Taiwan High Speed Rail's Debt-to-Equity or its related term are showing as below:
TPE:2633'
s Debt-to-Equity Range Over the Past 10 Years
Min: 3.06 Med: 4.08 Max: 6.63
Current: 3.26
During the past 13 years, the highest Debt-to-Equity Ratio of Taiwan High Speed Rail was 6.63. The lowest was 3.06. And the median was 4.08.
TPE:2633's Debt-to-Equity is ranked worse than 94.14% of 921
companies
in the Transportation industry
Industry Median: 0.54
vs TPE:2633: 3.26
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.
Taiwan High Speed Rail Debt-to-Equity Related Terms
Taiwan High Speed Rail Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Taiwan High Speed Rail'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:2633 vs UNP, CSX, NSC: Debt-to-Equity Comparison
For the Railroads subindustry, Taiwan High Speed Rail'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.
Taiwan High Speed Rail Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan High Speed Rail's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Taiwan High Speed Rail'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.
Taiwan High Speed Rail (TPE:2633) has a Debt-to-Equity of 3.98 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taiwan High Speed Rail and its competitors. This is near median its historical median of 4.08. Over the past decade, Taiwan High Speed Rail's Debt-to-Equity has ranged from 3.06 to 6.63. According to the industry distribution chart, Taiwan High Speed Rail ranks #867 out of 921 companies in the Transportation industry, placing it in the top 94.1%.
Is Taiwan High Speed Rail's Debt-to-Equity too high?
Taiwan High Speed Rail's current Debt-to-Equity of 3.98 is near median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 6.63. The Transportation industry median Debt-to-Equity is 0.54. Taiwan High Speed Rail's value of 3.98 is 637% above this industry median. Based on the distribution chart, Taiwan High Speed Rail ranks #867 out of 921 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Taiwan High Speed Rail has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan High Speed Rail's Debt-to-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Taiwan High Speed Rail ranks #867 out of 921 companies for Debt-to-Equity. This places Taiwan High Speed Rail in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Taiwan High Speed Rail's value of 3.98 is 637% above this benchmark. Historically, Taiwan High Speed Rail's own Debt-to-Equity has ranged from 3.06 to 6.63 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 0.54, Taiwan High Speed Rail 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 921 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. Taiwan High Speed Rail's current Debt-to-Equity of 3.98 is 637% 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 Taiwan High Speed Rail and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan High Speed Rail's current Debt-to-Equity is 3.98, which is near median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan High Speed Rail stock overvalued right now?
Based on GuruFocus' analysis, Taiwan High Speed Rail (TPE:2633) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.91, compared to a current price of NT$25.95 — trading 16% below its estimated fair value. The current Debt-to-Equity is 3.98, which is near median its 10-year median of 4.08 and 637% above the Transportation industry median of 0.54. Taiwan High Speed Rail's overall GF Score™ is 62/100 with 5 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 Taiwan High Speed Rail (TPE:2633), the current Debt-to-Equity is 3.98 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 Taiwan High Speed Rail (TPE:2633) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan High Speed Rail stock appears to be undervalued.
The current stock price of NT$25.95 is trading 16% below its estimated GF Value™ of NT$30.91.
GuruFocus considers Taiwan High Speed Rail to be Modestly Undervalued.
Key valuation signals for TPE:2633:
Debt-to-Equity: 3.98 (near median its 10-year median of 4.08)
GF Value™: NT$30.91 vs. price of NT$25.95 (16% below fair value)
Industry Position: 637% above the Transportation median (#867 of 921)
No single metric tells the full story. See the TPE:2633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan High Speed Rail Corp is principally engaged in the construction and operation of high-speed rail in Taiwan. Railway transportation revenue is the source of operating revenue for the company.
62GF Score
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