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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 Asia Optical Co's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Asia Optical Co was 0.11. The lowest was 0.00. And the median was 0.00.
TPE:3019's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.28 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Asia Optical Co Debt-to-Equity Related Terms
Asia Optical Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Asia Optical 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:3019 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Asia Optical 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.
Asia Optical Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Asia Optical Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Asia Optical 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.
Asia Optical Co (TPE:3019) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asia Optical Co and its competitors. According to the industry distribution chart, Asia Optical Co ranks #999999 out of 2232 companies in the Hardware industry.
Is Asia Optical Co's Debt-to-Equity too high?
Asia Optical Co's current Debt-to-Equity is 0.00. Based on the distribution chart, Asia Optical Co ranks #999999 out of 2232 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Asia Optical Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Optical Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Optical Co ranks #999999 out of 2232 companies for Debt-to-Equity. This places Asia Optical Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. 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. 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 Asia Optical 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. Asia Optical Co's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Optical Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Optical Co (TPE:3019) is currently considered Fairly Valued. The stock's GF Value™ is NT$152.14, compared to a current price of NT$144.50 — trading 5% below its estimated fair value. The current Debt-to-Equity is 0.00. Asia Optical Co's overall GF Score™ is 90/100 with 3 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 Asia Optical Co (TPE:3019), the current Debt-to-Equity is 0.00 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 Asia Optical Co (TPE:3019) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Optical Co stock appears to be undervalued.
The current stock price of NT$144.50 is trading 5% below its estimated GF Value™ of NT$152.14.
GuruFocus considers Asia Optical Co to be Fairly Valued.
Key valuation signals for TPE:3019:
Debt-to-Equity: 0.00
GF Value™: NT$152.14 vs. price of NT$144.50 (5% below fair value)
No single metric tells the full story. See the TPE:3019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Optical Co Inc is engaged in the manufacturing and sale of cameras, rangefinders, riflescopes, photocopier lens, scanner lens and optical components. The companies reportable segments included optical components, contact image sensor modules, optronics components, optronics products and digital camera. The majority of the revenue is generated from optical components. The company operates in two principal geographical areas Asia and America.
90GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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