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Mercuries & AssociatesTPE:2905 +0.29%70 Debt-to-Equity is 2.86 as of Dec. 2025, which is 125% above its 10-year median of 1.27. GuruFocus rates TPE:2905 with a GF Score™ of 70/100 and a GF Value™ of NT$15.13 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 395 Insurance companies, Mercuries & Associates ranks worse than 98.48% 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 Mercuries & Associates's Debt-to-Equity or its related term are showing as below:
TPE:2905'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 1.27 Max: 2.86
Current: 2.86
During the past 13 years, the highest Debt-to-Equity Ratio of Mercuries & Associates was 2.86. The lowest was 1.05. And the median was 1.27.
TPE:2905's Debt-to-Equity is ranked worse than 98.48% of 395
companies
in the Insurance industry
Industry Median: 0.21
vs TPE:2905: 2.86
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.
Mercuries & Associates Debt-to-Equity Related Terms
Mercuries & Associates Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Mercuries & Associates'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:2905 vs MET, AFL, PRU: Debt-to-Equity Comparison
For the Insurance - Life subindustry, Mercuries & Associates'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.
Mercuries & Associates Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Mercuries & Associates's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mercuries & Associates'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.
Mercuries & Associates (TPE:2905) has a Debt-to-Equity of 2.86 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mercuries & Associates and its competitors. This is 125% above median its historical median of 1.27. Over the past decade, Mercuries & Associates' Debt-to-Equity has ranged from 1.05 to 2.86. According to the industry distribution chart, Mercuries & Associates ranks #389 out of 395 companies in the Insurance industry, placing it in the top 98.5%.
Is Mercuries & Associates' Debt-to-Equity too high?
Mercuries & Associates' current Debt-to-Equity of 2.86 is 125% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.86. The Insurance industry median Debt-to-Equity is 0.21. Mercuries & Associates' value of 2.86 is 1261.9% above this industry median. Based on the distribution chart, Mercuries & Associates ranks #389 out of 395 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Mercuries & Associates has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercuries & Associates' Debt-to-Equity compare to MET and AFL?
According to the Insurance industry distribution chart, Mercuries & Associates ranks #389 out of 395 companies for Debt-to-Equity. This places Mercuries & Associates in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Mercuries & Associates' value of 2.86 is 1261.9% above this benchmark. Historically, Mercuries & Associates' own Debt-to-Equity has ranged from 1.05 to 2.86 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 0.21, Mercuries & Associates 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 an Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 395 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. Mercuries & Associates's current Debt-to-Equity of 2.86 is 1261.9% 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 Mercuries & Associates and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercuries & Associates's current Debt-to-Equity is 2.86, which is 125% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercuries & Associates stock overvalued right now?
Based on GuruFocus' analysis, Mercuries & Associates (TPE:2905) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.13, compared to a current price of NT$17.50 — trading 15.7% above its estimated fair value. The current Debt-to-Equity is 2.86, which is 125% above median its 10-year median of 1.27 and 1261.9% above the Insurance industry median of 0.21. Mercuries & Associates' overall GF Score™ is 70/100 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 Mercuries & Associates (TPE:2905), the current Debt-to-Equity is 2.86 as of Dec. 2025. 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 Mercuries & Associates (TPE:2905) Overvalued in 2026?
Based on GuruFocus' analysis, Mercuries & Associates stock appears to be overvalued.
The current stock price of NT$17.50 is trading 15.7% above its estimated GF Value™ of NT$15.13.
GuruFocus considers Mercuries & Associates to be Modestly Overvalued.
Key valuation signals for TPE:2905:
Debt-to-Equity: 2.86 (125% above median its 10-year median of 1.27)
GF Value™: NT$15.13 vs. price of NT$17.50 (15.7% above fair value)
Industry Position: 1261.9% above the Insurance median (#389 of 395)
No single metric tells the full story. See the TPE:2905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercuries & Associates Ltd is mainly engaged in finance and investment. The company is engaged in diversified businesses such as insurance, food and beverage, pharmaceutical, and IT integration. The segment of the company include Life insurance, Retail, Food and beverage, Food, IT service, Pharmaceutical, and Others. The company derives maximum revenue from the Life Insurance segment. Geographically, the company operates in domestic regions only.
70GF Score
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