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Desiccant TechnologyTPE:5292 -1.14%92 Debt-to-Equity is 0.17 as of Jun. 2026, which is 26% below its 10-year median of 0.23. GuruFocus rates TPE:5292 with a GF Score™ of 92/100 and a GF Value™ of NT$154.79 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,683 Industrial Products companies, Desiccant Technology ranks better than 65.04% 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 Desiccant Technology's Debt-to-Equity or its related term are showing as below:
TPE:5292'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.23 Max: 0.52
Current: 0.17
During the past 11 years, the highest Debt-to-Equity Ratio of Desiccant Technology was 0.52. The lowest was 0.02. And the median was 0.23.
TPE:5292's Debt-to-Equity is ranked better than 65.04% of 2683
companies
in the Industrial Products industry
Industry Median: 0.3
vs TPE:5292: 0.17
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.
Desiccant Technology Debt-to-Equity Related Terms
Desiccant Technology Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Desiccant Technology'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:5292 vs VLTO, ZWS, CECO: Debt-to-Equity Comparison
For the Pollution & Treatment Controls subindustry, Desiccant Technology'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.
Desiccant Technology Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Desiccant Technology's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Desiccant Technology'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.
Desiccant Technology (TPE:5292) has a Debt-to-Equity of 0.17 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Desiccant Technology and its competitors. This is 26% below median its historical median of 0.23. Over the past decade, Desiccant Technology's Debt-to-Equity has ranged from 0.02 to 0.52. According to the industry distribution chart, Desiccant Technology ranks #938 out of 2683 companies in the Industrial Products industry, placing it in the top 35%.
Is Desiccant Technology's Debt-to-Equity too high?
Desiccant Technology's current Debt-to-Equity of 0.17 is 26% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.52. The Industrial Products industry median Debt-to-Equity is 0.30. Desiccant Technology's value of 0.17 is 43.3% below this industry median. Based on the distribution chart, Desiccant Technology ranks #938 out of 2683 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Desiccant Technology has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desiccant Technology's Debt-to-Equity compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Desiccant Technology ranks #938 out of 2683 companies for Debt-to-Equity. This puts Desiccant Technology in the upper half of its industry. The industry median Debt-to-Equity is 0.30. Desiccant Technology's value of 0.17 is 43.3% below this benchmark. Historically, Desiccant Technology's own Debt-to-Equity has ranged from 0.02 to 0.52 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.30, Desiccant Technology 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.30, based on 2,683 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. Desiccant Technology's current Debt-to-Equity of 0.17 is 43.3% 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 Desiccant Technology and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desiccant Technology's current Debt-to-Equity is 0.17, which is 26% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desiccant Technology stock overvalued right now?
Based on GuruFocus' analysis, Desiccant Technology (TPE:5292) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$154.79, compared to a current price of NT$217.50 — trading 40.5% above its estimated fair value. The current Debt-to-Equity is 0.17, which is 26% below median its 10-year median of 0.23 and 43.3% below the Industrial Products industry median of 0.30. Desiccant Technology's overall GF Score™ is 92/100 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 Desiccant Technology (TPE:5292), the current Debt-to-Equity is 0.17 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 Desiccant Technology (TPE:5292) Overvalued in 2026?
Based on GuruFocus' analysis, Desiccant Technology stock appears to be overvalued.
The current stock price of NT$217.50 is trading 40.5% above its estimated GF Value™ of NT$154.79.
GuruFocus considers Desiccant Technology to be Significantly Overvalued.
Key valuation signals for TPE:5292:
Debt-to-Equity: 0.17 (26% below median its 10-year median of 0.23)
GF Value™: NT$154.79 vs. price of NT$217.50 (40.5% above fair value)
Industry Position: 43.3% below the Industrial Products median (#938 of 2683)
No single metric tells the full story. See the TPE:5292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Desiccant Technology Corp engages mainly in manufacturing industrial dehumidification equipment, drying equipment, pollution control equipment, designing installation projects, contracting, and importing and exporting related products. The Group operates in three principal geographical areas - Taiwan, China, and Singapore. It generates the majority of its revenue from Taiwan.
92GF Score
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