Andes Technology (TPE:6533) Debt-to-Equity: 0.34 (As of Mar. 2026) — 1600% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:6533 Andes Technology Corp TPE:6533
78 GF Score
Price NT$245.50
GF Value NT$511.33
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Andes Technology Debt-to-Equity?

Andes Technology TPE:6533 -1.21% 78 Debt-to-Equity is 0.34 as of Mar. 2026, which is 1600% above its 10-year median of 0.02. GuruFocus rates TPE:6533 with a GF Score™ of 78/100 and a GF Value™ of NT$511.33 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 907 Semiconductors companies, Andes Technology ranks worse than 56.23% on this metric.

Andes Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$26 Mil. Andes Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NT$1,449 Mil. Andes Technology's Total Stockholders Equity for the quarter that ended in Mar. 2026 was NT$4,351 Mil. Andes Technology's debt to equity for the quarter that ended in Mar. 2026 was 0.34.

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 Andes Technology's Debt-to-Equity or its related term are showing as below:

TPE:6533' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.34
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Andes Technology was 0.34. The lowest was 0.00. And the median was 0.02.

TPE:6533's Debt-to-Equity is ranked worse than
56.23% of 907 companies
in the Semiconductors industry
Industry Median: 0.26 vs TPE:6533: 0.34

Andes Technology  (TPE:6533) 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.


Andes Technology Debt-to-Equity Related Terms


Andes Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Andes 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.

Andes Technology Debt-to-Equity Chart

Andes Technology 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 0.02 0.02 0.02 0.02 0.33

Andes Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 0.13 0.32 0.33 0.34

TPE:6533 vs AMAT, LRCX, KLAC: Debt-to-Equity Comparison

For the Semiconductor Equipment & Materials subindustry, Andes 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.


Andes Technology Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Andes Technology's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Andes Technology's Debt-to-Equity falls into.


TPE:6533
78GF Score
Andes Technology Corp TPE:6533
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Andes Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andes Technology's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Andes Technology's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.34 mean?
Andes Technology (TPE:6533) has a Debt-to-Equity of 0.34 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Andes Technology and its competitors. This is 1600% above median its historical median of 0.02. According to the industry distribution chart, Andes Technology ranks #510 out of 907 companies in the Semiconductors industry, placing it in the top 56.2%.
Is Andes Technology's Debt-to-Equity too high?
Andes Technology's current Debt-to-Equity of 0.34 is 1600% above median its 10-year median of 0.02. The Semiconductors industry median Debt-to-Equity is 0.26. Andes Technology's value of 0.34 is 30.8% above this industry median. Based on the distribution chart, Andes Technology ranks #510 out of 907 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Andes Technology has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Andes Technology's Debt-to-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Andes Technology ranks #510 out of 907 companies for Debt-to-Equity. This places Andes Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Andes Technology's value of 0.34 is 30.8% above this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.26, Andes Technology 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 907 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. Andes Technology's current Debt-to-Equity of 0.34 is 30.8% 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 Andes Technology and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Andes Technology's current Debt-to-Equity is 0.34, which is 1600% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andes Technology stock overvalued right now?
Based on GuruFocus' analysis, Andes Technology (TPE:6533) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$511.33, compared to a current price of NT$245.50 — trading 52% below its estimated fair value. The current Debt-to-Equity is 0.34, which is 1600% above median its 10-year median of 0.02 and 30.8% above the Semiconductors industry median of 0.26. Andes Technology's overall GF Score™ is 78/100 with 4 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 Andes Technology (TPE:6533), the current Debt-to-Equity is 0.34 as of Mar. 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 Andes Technology (TPE:6533) Overvalued in 2026?

Based on GuruFocus' analysis, Andes Technology stock appears to be undervalued. The current stock price of NT$245.50 is trading 52% below its estimated GF Value™ of NT$511.33. GuruFocus considers Andes Technology to be Significantly Undervalued.

Key valuation signals for TPE:6533:

  • Debt-to-Equity: 0.34 (1600% above median its 10-year median of 0.02)
  • GF Value™: NT$511.33 vs. price of NT$245.50 (52% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 30.8% above the Semiconductors median (#510 of 907)

No single metric tells the full story. See the TPE:6533 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Andes Technology Business Description

Address A1-4, 3rd Floor, No.1, Li-Hsin First Road, Hsinchu Science Park, Hsinchu, TWN, 300
Andes Technology Corp is specialized in the R&D, designing, manufacturing and marketing of embedded processor intellectual property (IP), related hardware/software developing platform and toolchains. Its intellectual property line-up, which mainly consists of 32/64-bit RISC-V processors, also includes a series of software and hardware technologies and products, categorized into AndeStar, AndesCore, AndeShape, AndeSight, AndeSoft, and AndesAIRE. It operates in single segment and derives revenue from designing and selling CPU IP. Geographically, it operates in Taiwan, United States, Mainland China, Other.
78GF Score

Get the complete analysis for TPE:6533

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

NT$245.50
Price
NT$511.33
GF Value