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Nan Ya Printed Circuit BoardTPE:8046 58 Debt-to-Equity is 0.02 as of Jun. 2026, which is 50% below its 10-year median of 0.04. GuruFocus rates TPE:8046 with a GF Score™ of 58/100 and a GF Value™ of NT$242.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,224 Hardware companies, Nan Ya Printed Circuit Board ranks better than 94.2% 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 Nan Ya Printed Circuit Board's Debt-to-Equity or its related term are showing as below:
TPE:8046'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.08
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Nan Ya Printed Circuit Board was 0.08. The lowest was 0.01. And the median was 0.04.
TPE:8046's Debt-to-Equity is ranked better than 94.2% of 2224
companies
in the Hardware industry
Industry Median: 0.28
vs TPE:8046: 0.02
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.
Nan Ya Printed Circuit Board Debt-to-Equity Related Terms
Nan Ya Printed Circuit Board 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:8046 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Nan Ya Printed Circuit Board'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.
Nan Ya Printed Circuit Board Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Nan Ya Printed Circuit Board's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nan Ya Printed Circuit Board'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.
Nan Ya Printed Circuit Board (TPE:8046) has a Debt-to-Equity of 0.02 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nan Ya Printed Circuit Board and its competitors. This is 50% below median its historical median of 0.04. Over the past decade, Nan Ya Printed Circuit Board's Debt-to-Equity has ranged from 0.01 to 0.08. According to the industry distribution chart, Nan Ya Printed Circuit Board ranks #129 out of 2224 companies in the Hardware industry, placing it in the top 5.8%.
Is Nan Ya Printed Circuit Board's Debt-to-Equity too high?
Nan Ya Printed Circuit Board's current Debt-to-Equity of 0.02 is 50% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.08. The Hardware industry median Debt-to-Equity is 0.28. Nan Ya Printed Circuit Board's value of 0.02 is 92.9% below this industry median. Based on the distribution chart, Nan Ya Printed Circuit Board ranks #129 out of 2224 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nan Ya Printed Circuit Board has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nan Ya Printed Circuit Board's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Nan Ya Printed Circuit Board ranks #129 out of 2224 companies for Debt-to-Equity. This places Nan Ya Printed Circuit Board in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Nan Ya Printed Circuit Board's value of 0.02 is 92.9% below this benchmark. Historically, Nan Ya Printed Circuit Board's own Debt-to-Equity has ranged from 0.01 to 0.08 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.28, Nan Ya Printed Circuit Board 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 2,224 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. Nan Ya Printed Circuit Board's current Debt-to-Equity of 0.02 is 92.9% 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 Nan Ya Printed Circuit Board 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. Nan Ya Printed Circuit Board's current Debt-to-Equity is 0.02, which is 50% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Ya Printed Circuit Board stock overvalued right now?
Based on GuruFocus' analysis, Nan Ya Printed Circuit Board (TPE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$242.65, compared to a current price of NT$1,135.00 — trading 367.8% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 50% below median its 10-year median of 0.04 and 92.9% below the Hardware industry median of 0.28. Nan Ya Printed Circuit Board's overall GF Score™ is 58/100 with 2 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 Nan Ya Printed Circuit Board (TPE:8046), the current Debt-to-Equity is 0.02 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 Nan Ya Printed Circuit Board (TPE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Nan Ya Printed Circuit Board stock appears to be overvalued.
The current stock price of NT$1,135.00 is trading 367.8% above its estimated GF Value™ of NT$242.65.
GuruFocus considers Nan Ya Printed Circuit Board to be Significantly Overvalued.
Key valuation signals for TPE:8046:
Debt-to-Equity: 0.02 (50% below median its 10-year median of 0.04)
GF Value™: NT$242.65 vs. price of NT$1,135.00 (367.8% above fair value)
Industry Position: 92.9% below the Hardware median (#129 of 2224)
No single metric tells the full story. See the TPE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nan Ya Printed Circuit Board Corp is engaged in the production, manufacturing, and research and development of Printed Circuit Boards (PCBs) and integrated circuit substrates. The company has three operating segments: the Domestic segment, the American segment, and the Asian segment. Its geographical markets are Taiwan, the USA, Mainland China, Korea, and Others. The company generates a majority of its revenue from the Domestic segment.
58GF Score
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