Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aces Electronic CoTPE:3605 -1.65%69 Debt-to-Equity is 0.28 as of Jun. 2026, which is 50% below its 10-year median of 0.56. GuruFocus rates TPE:3605 with a GF Score™ of 69/100 and a GF Value™ of NT$60.97 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,227 Hardware companies, Aces Electronic Co ranks worse than 50.11% 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 Aces Electronic Co's Debt-to-Equity or its related term are showing as below:
TPE:3605'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.56 Max: 0.86
Current: 0.28
During the past 13 years, the highest Debt-to-Equity Ratio of Aces Electronic Co was 0.86. The lowest was 0.22. And the median was 0.56.
TPE:3605's Debt-to-Equity is ranked worse than 50.11% of 2227
companies
in the Hardware industry
Industry Median: 0.27
vs TPE:3605: 0.28
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.
Aces Electronic Co Debt-to-Equity Related Terms
Aces Electronic Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Aces Electronic 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:3605 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Aces Electronic 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.
Aces Electronic Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Aces Electronic Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aces Electronic 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.
Aces Electronic Co (TPE:3605) has a Debt-to-Equity of 0.28 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aces Electronic Co and its competitors. This is 50% below median its historical median of 0.56. Over the past decade, Aces Electronic Co's Debt-to-Equity has ranged from 0.22 to 0.86. According to the industry distribution chart, Aces Electronic Co ranks #1116 out of 2227 companies in the Hardware industry, placing it in the top 50.1%.
Is Aces Electronic Co's Debt-to-Equity too high?
Aces Electronic Co's current Debt-to-Equity of 0.28 is 50% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.86. The Hardware industry median Debt-to-Equity is 0.27. Aces Electronic Co's value of 0.28 is 3.7% above this industry median. Based on the distribution chart, Aces Electronic Co ranks #1116 out of 2227 companies in the Hardware industry, which is below the industry midpoint. Overall, Aces Electronic Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aces Electronic Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Aces Electronic Co ranks #1116 out of 2227 companies for Debt-to-Equity. This places Aces Electronic Co in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Aces Electronic Co's value of 0.28 is 3.7% above this benchmark. Historically, Aces Electronic Co's own Debt-to-Equity has ranged from 0.22 to 0.86 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.27, Aces Electronic 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 0.27, based on 2,227 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. Aces Electronic Co's current Debt-to-Equity of 0.28 is 3.7% 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 Aces Electronic Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aces Electronic Co's current Debt-to-Equity is 0.28, which is 50% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aces Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Aces Electronic Co (TPE:3605) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$60.97, compared to a current price of NT$119.00 — trading 95.2% above its estimated fair value. The current Debt-to-Equity is 0.28, which is 50% below median its 10-year median of 0.56 and 3.7% above the Hardware industry median of 0.27. Aces Electronic Co's overall GF Score™ is 69/100 with 6 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 Aces Electronic Co (TPE:3605), the current Debt-to-Equity is 0.28 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 Aces Electronic Co (TPE:3605) Overvalued in 2026?
Based on GuruFocus' analysis, Aces Electronic Co stock appears to be overvalued.
The current stock price of NT$119.00 is trading 95.2% above its estimated GF Value™ of NT$60.97.
GuruFocus considers Aces Electronic Co to be Significantly Overvalued.
Key valuation signals for TPE:3605:
Debt-to-Equity: 0.28 (50% below median its 10-year median of 0.56)
GF Value™: NT$60.97 vs. price of NT$119.00 (95.2% above fair value)
Industry Position: 3.7% above the Hardware median (#1116 of 2227)
No single metric tells the full story. See the TPE:3605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aces Electronic Co Ltd is engaged in the electronic components business sector. It is mainly engaged in processing, manufacturing, and selling connectors, connector cable sets, metal stamping parts, and other electronic components. Its segments include Connectors which derives key revenue, Cables, Metal stamping, and others. Geographically, the majority of the company's revenue is generated from China and the rest from Taiwan, Philippines, the United States of America, and other countries.
69GF Score
Get the complete analysis for TPE:3605
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:3605 has been successfully added to your 
