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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 Techzone Technology Materials Co's Debt-to-Equity or its related term are showing as below:
TPE:6947'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 1.42 Max: 2.18
Current: 2.18
During the past 7 years, the highest Debt-to-Equity Ratio of Techzone Technology Materials Co was 2.18. The lowest was 0.19. And the median was 1.42.
TPE:6947's Debt-to-Equity is ranked worse than 94.93% of 217
companies
in the Waste Management industry
Industry Median: 0.58
vs TPE:6947: 2.18
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.
Techzone Technology Materials Co Debt-to-Equity Related Terms
Techzone Technology Materials Co 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.
Techzone Technology Materials Co Debt-to-Equity Chart
TPE:6947 vs WM, RSG, WCN: Debt-to-Equity Comparison
For the Waste Management subindustry, Techzone Technology Materials 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.
Techzone Technology Materials Co Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Techzone Technology Materials Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Techzone Technology Materials 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.
Techzone Technology Materials Co (TPE:6947) has a Debt-to-Equity of 2.18 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Techzone Technology Materials Co and its competitors. This is 54% above median its historical median of 1.42. Over the past decade, Techzone Technology Materials Co's Debt-to-Equity has ranged from 0.19 to 2.18. According to the industry distribution chart, Techzone Technology Materials Co ranks #206 out of 217 companies in the Waste Management industry, placing it in the top 94.9%.
Is Techzone Technology Materials Co's Debt-to-Equity too high?
Techzone Technology Materials Co's current Debt-to-Equity of 2.18 is 54% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.18. The Waste Management industry median Debt-to-Equity is 0.58. Techzone Technology Materials Co's value of 2.18 is 275.9% above this industry median. Based on the distribution chart, Techzone Technology Materials Co ranks #206 out of 217 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Techzone Technology Materials Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techzone Technology Materials Co's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Techzone Technology Materials Co ranks #206 out of 217 companies for Debt-to-Equity. This places Techzone Technology Materials Co in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Techzone Technology Materials Co's value of 2.18 is 275.9% above this benchmark. Historically, Techzone Technology Materials Co's own Debt-to-Equity has ranged from 0.19 to 2.18 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 0.58, Techzone Technology Materials 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.58, based on 217 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. Techzone Technology Materials Co's current Debt-to-Equity of 2.18 is 275.9% 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 Techzone Technology Materials Co and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techzone Technology Materials Co's current Debt-to-Equity is 2.18, which is 54% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techzone Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Techzone Technology Materials Co (TPE:6947) is currently considered Possible Value Trap. The stock's GF Value™ is NT$148.78, compared to a current price of NT$69.30 — trading 53.4% below its estimated fair value. The current Debt-to-Equity is 2.18, which is 54% above median its 10-year median of 1.42 and 275.9% above the Waste Management industry median of 0.58. Techzone Technology Materials Co's overall GF Score™ is 58/100 with 9 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 Techzone Technology Materials Co (TPE:6947), the current Debt-to-Equity is 2.18 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 Techzone Technology Materials Co (TPE:6947) Overvalued in 2026?
Based on GuruFocus' analysis, Techzone Technology Materials Co stock appears to be undervalued.
The current stock price of NT$69.30 is trading 53.4% below its estimated GF Value™ of NT$148.78.
GuruFocus considers Techzone Technology Materials Co to be Possible Value Trap.
Key valuation signals for TPE:6947:
Debt-to-Equity: 2.18 (54% above median its 10-year median of 1.42)
GF Value™: NT$148.78 vs. price of NT$69.30 (53.4% below fair value)
Industry Position: 275.9% above the Waste Management median (#206 of 217)
No single metric tells the full story. See the TPE:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.
58GF Score
Get the complete analysis for TPE:6947
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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