Twoway Communications (TPE:8045) Debt-to-Equity: 0.37 (As of Jun. 2026) — 14% Below Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:8045 Twoway Communications Inc TPE:8045
83 GF Score
Price NT$52.30
GF Value NT$82.52
Valuation Possible Value Trap
! 5 Warning Signs
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What is Twoway Communications Debt-to-Equity?

Twoway Communications TPE:8045 -1.69% 83 Debt-to-Equity is 0.37 as of Jun. 2026, which is 14% below its 10-year median of 0.43. GuruFocus rates TPE:8045 with a GF Score™ of 83/100 and a GF Value™ of NT$82.52 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,232 Hardware companies, Twoway Communications ranks worse than 57.48% on this metric.

Twoway Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$383 Mil. Twoway Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$336 Mil. Twoway Communications's Total Stockholders Equity for the quarter that ended in Jun. 2026 was NT$1,944 Mil. Twoway Communications's debt to equity for the quarter that ended in Jun. 2026 was 0.37.

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 Twoway Communications's Debt-to-Equity or its related term are showing as below:

TPE:8045' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.43   Max: 0.81
Current: 0.37

During the past 11 years, the highest Debt-to-Equity Ratio of Twoway Communications was 0.81. The lowest was 0.11. And the median was 0.43.

TPE:8045's Debt-to-Equity is ranked worse than
57.48% of 2232 companies
in the Hardware industry
Industry Median: 0.28 vs TPE:8045: 0.37

Twoway Communications  (TPE:8045) 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.


Twoway Communications Debt-to-Equity Related Terms


Twoway Communications Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Twoway Communications'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.

Twoway Communications Debt-to-Equity Chart

Twoway Communications 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 0.64 0.43 0.26 0.15 0.11

Twoway Communications Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 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 0.14 0.13 0.11 0.24 0.37

TPE:8045 vs CSCO, MSI, LITE: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Twoway Communications'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.


Twoway Communications Debt-to-Equity vs Hardware Industry

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

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


TPE:8045
83GF Score
Twoway Communications Inc TPE:8045
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Twoway Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Twoway Communications'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 0.37 mean?
Twoway Communications (TPE:8045) has a Debt-to-Equity of 0.37 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Twoway Communications and its competitors. This is 14% below median its historical median of 0.43. Over the past decade, Twoway Communications' Debt-to-Equity has ranged from 0.11 to 0.81. According to the industry distribution chart, Twoway Communications ranks #1283 out of 2232 companies in the Hardware industry, placing it in the top 57.5%.
Is Twoway Communications' Debt-to-Equity too high?
Twoway Communications' current Debt-to-Equity of 0.37 is 14% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.81. The Hardware industry median Debt-to-Equity is 0.28. Twoway Communications' value of 0.37 is 32.1% above this industry median. Based on the distribution chart, Twoway Communications ranks #1283 out of 2232 companies in the Hardware industry, which is below the industry midpoint. Overall, Twoway Communications has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Twoway Communications' Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Twoway Communications ranks #1283 out of 2232 companies for Debt-to-Equity. This places Twoway Communications in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Twoway Communications' value of 0.37 is 32.1% above this benchmark. Historically, Twoway Communications' own Debt-to-Equity has ranged from 0.11 to 0.81 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.28, Twoway Communications 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,232 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. Twoway Communications's current Debt-to-Equity of 0.37 is 32.1% 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 Twoway Communications 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. Twoway Communications's current Debt-to-Equity is 0.37, which is 14% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twoway Communications stock overvalued right now?
Based on GuruFocus' analysis, Twoway Communications (TPE:8045) is currently considered Possible Value Trap. The stock's GF Value™ is NT$82.52, compared to a current price of NT$52.30 — trading 36.6% below its estimated fair value. The current Debt-to-Equity is 0.37, which is 14% below median its 10-year median of 0.43 and 32.1% above the Hardware industry median of 0.28. Twoway Communications' overall GF Score™ is 83/100 with 5 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 Twoway Communications (TPE:8045), the current Debt-to-Equity is 0.37 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 Twoway Communications (TPE:8045) Overvalued in 2026?

Based on GuruFocus' analysis, Twoway Communications stock appears to be undervalued. The current stock price of NT$52.30 is trading 36.6% below its estimated GF Value™ of NT$82.52. GuruFocus considers Twoway Communications to be Possible Value Trap.

Key valuation signals for TPE:8045:

  • Debt-to-Equity: 0.37 (14% below median its 10-year median of 0.43)
  • GF Value™: NT$82.52 vs. price of NT$52.30 (36.6% below fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 32.1% above the Hardware median (#1283 of 2232)

No single metric tells the full story. See the TPE:8045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Twoway Communications Business Description

Address No. 41, Wugong 6th Road, New Taipei Industrial Park, New Taipei City, TWN
Twoway Communications Inc is engaged in manufacturing and trading of communication products including cable TV head-ends, optical transceivers, amplifiers, connectors, and monitoring systems, as well as broadband network system planning, design, and contracting, and the installation of multimedia video equipment. The revenue of operating segments principally is derived from B-broadband internet equipment department, IOT department and department of labour and other services.
83GF Score

Get the complete analysis for TPE:8045

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

NT$52.30
Price
NT$82.52
GF Value