Tex Year Industries Co (TPE:4720) Debt-to-Equity: 0.73 (As of Jun. 2026) — Near Median

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TPE:4720 Tex Year Industries Co Ltd TPE:4720
82 GF Score
Price NT$18.95
GF Value NT$21.41
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Tex Year Industries Co Debt-to-Equity?

Tex Year Industries Co TPE:4720 -0.26% 82 Debt-to-Equity is 0.73 as of Jun. 2026, which is at its 10-year median of 0.73. GuruFocus rates TPE:4720 with a GF Score™ of 82/100 and a GF Value™ of NT$21.41 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,419 Chemicals companies, Tex Year Industries Co ranks worse than 74% on this metric.

Tex Year Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$796 Mil. Tex Year Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$392 Mil. Tex Year Industries Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$1,627 Mil. Tex Year Industries Co's debt to equity for the quarter that ended in Jun. 2026 was 0.73.

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 Tex Year Industries Co's Debt-to-Equity or its related term are showing as below:

TPE:4720' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.73   Max: 1.05
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Tex Year Industries Co was 1.05. The lowest was 0.38. And the median was 0.73.

TPE:4720's Debt-to-Equity is ranked worse than
74% of 1419 companies
in the Chemicals industry
Industry Median: 0.36 vs TPE:4720: 0.73

Tex Year Industries Co  (TPE:4720) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Tex Year Industries Co Debt-to-Equity Related Terms


Tex Year Industries Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tex Year Industries 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.

Tex Year Industries Co Debt-to-Equity Chart

Tex Year Industries Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.65 0.63 0.43 0.66

Tex Year Industries Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.67 0.66 0.64 0.73

TPE:4720 vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Tex Year Industries 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.


Tex Year Industries Co Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tex Year Industries Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tex Year Industries Co's Debt-to-Equity falls into.


TPE:4720
82GF Score
Tex Year Industries Co Ltd TPE:4720
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tex Year Industries Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tex Year Industries Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Tex Year Industries Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.73 mean?
Tex Year Industries Co (TPE:4720) has a Debt-to-Equity of 0.73 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tex Year Industries Co and its competitors. This is near median its historical median of 0.73. Over the past decade, Tex Year Industries Co's Debt-to-Equity has ranged from 0.38 to 1.05. According to the industry distribution chart, Tex Year Industries Co ranks #1050 out of 1419 companies in the Chemicals industry, placing it in the top 74%.
Is Tex Year Industries Co's Debt-to-Equity too high?
Tex Year Industries Co's current Debt-to-Equity of 0.73 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.05. The Chemicals industry median Debt-to-Equity is 0.36. Tex Year Industries Co's value of 0.73 is 102.8% above this industry median. Based on the distribution chart, Tex Year Industries Co ranks #1050 out of 1419 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tex Year Industries Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tex Year Industries Co's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tex Year Industries Co ranks #1050 out of 1419 companies for Debt-to-Equity. This places Tex Year Industries Co in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Tex Year Industries Co's value of 0.73 is 102.8% above this benchmark. Historically, Tex Year Industries Co's own Debt-to-Equity has ranged from 0.38 to 1.05 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.36, Tex Year Industries 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,419 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. Tex Year Industries Co's current Debt-to-Equity of 0.73 is 102.8% 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 Tex Year Industries Co and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tex Year Industries Co's current Debt-to-Equity is 0.73, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tex Year Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tex Year Industries Co (TPE:4720) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$21.41, compared to a current price of NT$18.95 — trading 11.5% below its estimated fair value. The current Debt-to-Equity is 0.73, which is near median its 10-year median of 0.73 and 102.8% above the Chemicals industry median of 0.36. Tex Year Industries Co's overall GF Score™ is 82/100 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 Tex Year Industries Co (TPE:4720), the current Debt-to-Equity is 0.73 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 Tex Year Industries Co (TPE:4720) Overvalued in 2026?

Based on GuruFocus' analysis, Tex Year Industries Co stock appears to be undervalued. The current stock price of NT$18.95 is trading 11.5% below its estimated GF Value™ of NT$21.41. GuruFocus considers Tex Year Industries Co to be Modestly Undervalued.

Key valuation signals for TPE:4720:

  • Debt-to-Equity: 0.73 (near median its 10-year median of 0.73)
  • GF Value™: NT$21.41 vs. price of NT$18.95 (11.5% below fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 102.8% above the Chemicals median (#1050 of 1419)

No single metric tells the full story. See the TPE:4720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tex Year Industries Co Business Description

Address No. 9, Wuquan 6th Road, Wugu District, Wugu District, New Taipei City, TWN, 248
Tex Year Industries Co Ltd is engaged in the production and sales of eco-friendly hot melt adhesive and other adhesives, special chemicals for the electronic industry, the production and sales of air filter materials, trading of medical equipment, and biodegradable products, and the production and sales of green materials and solutions. Its products include hot melt adhesive, specialty chemicals, dental supplies, vibrating equipment, WE know filtration, water-based pressure sensitive, and UV/visible light curing glue. Its segments include the chemical business in Taiwan, the mainland China business and others of which the mainland China business generates the majority of the revenue.
82GF Score

Get the complete analysis for TPE:4720

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$18.95
Price
NT$21.41
GF Value