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First Hotel CoTPE:2706 -0.41%86 Debt-to-Equity is 0.01 as of Jun. 2026, which is at its 10-year median of 0.01. GuruFocus rates TPE:2706 with a GF Score™ of 86/100 and a GF Value™ of NT$15.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,546 Real Estate companies, First Hotel Co ranks better than 99.94% 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 First Hotel Co's Debt-to-Equity or its related term are showing as below:
TPE:2706'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of First Hotel Co was 0.01. The lowest was 0.01. And the median was 0.01.
TPE:2706's Debt-to-Equity is ranked better than 99.94% of 1546
companies
in the Real Estate industry
Industry Median: 0.74
vs TPE:2706: 0.01
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.
First Hotel Co Debt-to-Equity Related Terms
First Hotel Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for First Hotel 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:2706 vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, First Hotel 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.
First Hotel Co Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, First Hotel Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where First Hotel 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.
First Hotel Co (TPE:2706) has a Debt-to-Equity of 0.01 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Hotel Co and its competitors. This is near median its historical median of 0.01. Over the past decade, First Hotel Co's Debt-to-Equity has ranged from 0.01 to 0.01. According to the industry distribution chart, First Hotel Co ranks #1 out of 1546 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is First Hotel Co's Debt-to-Equity too high?
First Hotel Co's current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.01. The Real Estate industry median Debt-to-Equity is 0.74. First Hotel Co's value of 0.01 is 98.6% below this industry median. Based on the distribution chart, First Hotel Co ranks #1 out of 1546 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Hotel Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hotel Co's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Hotel Co ranks #1 out of 1546 companies for Debt-to-Equity. This places First Hotel Co in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.74. First Hotel Co's value of 0.01 is 98.6% below this benchmark. Historically, First Hotel Co's own Debt-to-Equity has ranged from 0.01 to 0.01 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.74, First Hotel Co 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.74, based on 1,546 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. First Hotel Co's current Debt-to-Equity of 0.01 is 98.6% 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 First Hotel Co and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Hotel Co's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hotel Co stock overvalued right now?
Based on GuruFocus' analysis, First Hotel Co (TPE:2706) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.83, compared to a current price of NT$12.15 — trading 23.2% below its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 98.6% below the Real Estate industry median of 0.74. First Hotel Co's overall GF Score™ is 86/100 with 2 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 First Hotel Co (TPE:2706), the current Debt-to-Equity is 0.01 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 First Hotel Co (TPE:2706) Overvalued in 2026?
Based on GuruFocus' analysis, First Hotel Co stock appears to be undervalued.
The current stock price of NT$12.15 is trading 23.2% below its estimated GF Value™ of NT$15.83.
GuruFocus considers First Hotel Co to be Modestly Undervalued.
Key valuation signals for TPE:2706:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: NT$15.83 vs. price of NT$12.15 (23.2% below fair value)
Industry Position: 98.6% below the Real Estate median (#1 of 1546)
No single metric tells the full story. See the TPE:2706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Hotel Co Ltd is a Taiwan-based company, that engages in the operation and management of hotels. The reportable segments of the company are the Travel service segment which include tourist hotel service, and the Leasing segment which generates key revenue and includes Rent out commercial buildings. The company operates tourism hotels, which provide spaces for accommodation, catering, parties, fitness centers, and meeting rooms. Its leasing of commercial buildings business mainly includes the leasing of shopping malls. It also provides services like dining halls, restaurants, and online booking services.
86GF Score
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