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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 Nidec Chaun-Choung Technology's Debt-to-Equity or its related term are showing as below:
TPE:6230'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.29
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Nidec Chaun-Choung Technology was 0.29. The lowest was 0.00. And the median was 0.08.
TPE:6230's Debt-to-Equity is ranked better than 80.56% of 2233
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:6230: 0.06
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.
Nidec Chaun-Choung Technology Debt-to-Equity Related Terms
Nidec Chaun-Choung Technology Debt-to-Equity Historical Data
* 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:6230 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Nidec Chaun-Choung 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.
Nidec Chaun-Choung Technology Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nidec Chaun-Choung Technology's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nidec Chaun-Choung 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.
Nidec Chaun-Choung Technology (TPE:6230) has a Debt-to-Equity of 0.06 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nidec Chaun-Choung Technology and its competitors. This is 25% below median its historical median of 0.08. According to the industry distribution chart, Nidec Chaun-Choung Technology ranks #434 out of 2233 companies in the Hardware industry, placing it in the top 19.4%.
Is Nidec Chaun-Choung Technology's Debt-to-Equity too high?
Nidec Chaun-Choung Technology's current Debt-to-Equity of 0.06 is 25% below median its 10-year median of 0.08. The Hardware industry median Debt-to-Equity is 0.28. Nidec Chaun-Choung Technology's value of 0.06 is 78.6% below this industry median. Based on the distribution chart, Nidec Chaun-Choung Technology ranks #434 out of 2233 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nidec Chaun-Choung Technology has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nidec Chaun-Choung Technology's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Nidec Chaun-Choung Technology ranks #434 out of 2233 companies for Debt-to-Equity. This places Nidec Chaun-Choung Technology in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Nidec Chaun-Choung Technology's value of 0.06 is 78.6% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.28, Nidec Chaun-Choung 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 a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,233 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. Nidec Chaun-Choung Technology's current Debt-to-Equity of 0.06 is 78.6% 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 Nidec Chaun-Choung Technology 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. Nidec Chaun-Choung Technology's current Debt-to-Equity is 0.06, which is 25% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidec Chaun-Choung Technology stock overvalued right now?
Based on GuruFocus' analysis, Nidec Chaun-Choung Technology (TPE:6230) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$148.04, compared to a current price of NT$110.50 — trading 25.4% below its estimated fair value. The current Debt-to-Equity is 0.06, which is 25% below median its 10-year median of 0.08 and 78.6% below the Hardware industry median of 0.28. Nidec Chaun-Choung Technology's overall GF Score™ is 70/100 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 Nidec Chaun-Choung Technology (TPE:6230), the current Debt-to-Equity is 0.06 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 Nidec Chaun-Choung Technology (TPE:6230) Overvalued in 2026?
Based on GuruFocus' analysis, Nidec Chaun-Choung Technology stock appears to be undervalued.
The current stock price of NT$110.50 is trading 25.4% below its estimated GF Value™ of NT$148.04.
GuruFocus considers Nidec Chaun-Choung Technology to be Modestly Undervalued.
Key valuation signals for TPE:6230:
Debt-to-Equity: 0.06 (25% below median its 10-year median of 0.08)
GF Value™: NT$148.04 vs. price of NT$110.50 (25.4% below fair value)
Industry Position: 78.6% below the Hardware median (#434 of 2233)
No single metric tells the full story. See the TPE:6230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipes and thermal modules. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Singapore; Taiwan; Malaysia and other countries. It generates maximum revenue from a thermal module.
70GF Score
Get the complete analysis for TPE:6230
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