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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 Formosa Advanced Technologies Co's Debt-to-Equity or its related term are showing as below:
TPE:8131'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.05
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Formosa Advanced Technologies Co was 0.05. The lowest was 0.00. And the median was 0.04.
TPE:8131's Debt-to-Equity is ranked better than 88.16% of 912
companies
in the Semiconductors industry
Industry Median: 0.245
vs TPE:8131: 0.03
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.
Formosa Advanced Technologies Co Debt-to-Equity Related Terms
Formosa Advanced Technologies 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.
Formosa Advanced Technologies Co Debt-to-Equity Chart
TPE:8131 vs NVDA, AVGO, MU: Debt-to-Equity Comparison
For the Semiconductors subindustry, Formosa Advanced Technologies 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.
Formosa Advanced Technologies Co Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Formosa Advanced Technologies Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Formosa Advanced Technologies 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.
Formosa Advanced Technologies Co (TPE:8131) has a Debt-to-Equity of 0.03 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Formosa Advanced Technologies Co and its competitors. This is 25% below median its historical median of 0.04. According to the industry distribution chart, Formosa Advanced Technologies Co ranks #108 out of 912 companies in the Semiconductors industry, placing it in the top 11.8%.
Is Formosa Advanced Technologies Co's Debt-to-Equity too high?
Formosa Advanced Technologies Co's current Debt-to-Equity of 0.03 is 25% below median its 10-year median of 0.04. The Semiconductors industry median Debt-to-Equity is 0.25. Formosa Advanced Technologies Co's value of 0.03 is 87.8% below this industry median. Based on the distribution chart, Formosa Advanced Technologies Co ranks #108 out of 912 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Formosa Advanced Technologies Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Advanced Technologies Co's Debt-to-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Formosa Advanced Technologies Co ranks #108 out of 912 companies for Debt-to-Equity. This places Formosa Advanced Technologies Co in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.25. Formosa Advanced Technologies Co's value of 0.03 is 87.8% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.25, Formosa Advanced Technologies Co 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.25, based on 912 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. Formosa Advanced Technologies Co's current Debt-to-Equity of 0.03 is 87.8% 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 Formosa Advanced Technologies Co and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Advanced Technologies Co's current Debt-to-Equity is 0.03, which is 25% 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 Formosa Advanced Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Formosa Advanced Technologies Co (TPE:8131) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$54.10, compared to a current price of NT$61.90 — trading 14.4% above its estimated fair value. The current Debt-to-Equity is 0.03, which is 25% below median its 10-year median of 0.04 and 87.8% below the Semiconductors industry median of 0.25. Formosa Advanced Technologies Co's overall GF Score™ is 74/100 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 Formosa Advanced Technologies Co (TPE:8131), the current Debt-to-Equity is 0.03 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 Formosa Advanced Technologies Co (TPE:8131) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Advanced Technologies Co stock appears to be overvalued.
The current stock price of NT$61.90 is trading 14.4% above its estimated GF Value™ of NT$54.10.
GuruFocus considers Formosa Advanced Technologies Co to be Modestly Overvalued.
Key valuation signals for TPE:8131:
Debt-to-Equity: 0.03 (25% below median its 10-year median of 0.04)
GF Value™: NT$54.10 vs. price of NT$61.90 (14.4% above fair value)
Industry Position: 87.8% below the Semiconductors median (#108 of 912)
No single metric tells the full story. See the TPE:8131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Advanced Technologies Co Ltd is a professional manufacturer of DRAM assembly, testing, and module Turn-Key service in Taiwan. The group's business activity is operated in Taiwan, the USA, China, Korea, Mainland China, and Others. The company's operating segment includes the integrated-chips ("IC" ) department and the module department. The integrated-chips department includes packaging, testing, processing, and research and development of integrated chips. The module department includes the assembly, testing, and research and development of module pieces.
74GF Score
Get the complete analysis for TPE:8131
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