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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.
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.
Sunny Friend Environmental Technology Co Debt-to-Equity Related Terms
Sunny Friend Environmental Technology 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.
Sunny Friend Environmental Technology Co Debt-to-Equity Chart
Sunny Friend Environmental Technology Co Annual Data
TPE:8341 vs WM, RSG, WCN: Debt-to-Equity Comparison
For the Waste Management subindustry, Sunny Friend Environmental Technology 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.
Sunny Friend Environmental Technology Co Debt-to-Equity vs Waste Management Industry
* 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.
Sunny Friend Environmental Technology Co (TPE:8341) has a Debt-to-Equity of 0.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sunny Friend Environmental Technology Co and its competitors. This is 14% below median its historical median of 0.66. Over the past decade, Sunny Friend Environmental Technology Co's Debt-to-Equity has ranged from 0.04 to 1.80. According to the industry distribution chart, Sunny Friend Environmental Technology Co ranks #105 out of 216 companies in the Waste Management industry, placing it in the top 48.6%.
Is Sunny Friend Environmental Technology Co's Debt-to-Equity too high?
Sunny Friend Environmental Technology Co's current Debt-to-Equity of 0.57 is 14% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.80. The Waste Management industry median Debt-to-Equity is 0.60. Sunny Friend Environmental Technology Co's value of 0.57 is 4.2% below this industry median. Based on the distribution chart, Sunny Friend Environmental Technology Co ranks #105 out of 216 companies in the Waste Management industry, which is above the industry midpoint. Overall, Sunny Friend Environmental Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunny Friend Environmental Technology Co's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Sunny Friend Environmental Technology Co ranks #105 out of 216 companies for Debt-to-Equity. This puts Sunny Friend Environmental Technology Co in the upper half of its industry. The industry median Debt-to-Equity is 0.60. Sunny Friend Environmental Technology Co's value of 0.57 is 4.2% below this benchmark. Historically, Sunny Friend Environmental Technology Co's own Debt-to-Equity has ranged from 0.04 to 1.80 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.60, Sunny Friend Environmental Technology 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.60, based on 216 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. Sunny Friend Environmental Technology Co's current Debt-to-Equity of 0.57 is 4.2% 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 Sunny Friend Environmental Technology Co and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunny Friend Environmental Technology Co's current Debt-to-Equity is 0.57, which is 14% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunny Friend Environmental Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co (TPE:8341) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$106.03, compared to a current price of NT$75.90 — trading 28.4% below its estimated fair value. The current Debt-to-Equity is 0.57, which is 14% below median its 10-year median of 0.66 and 4.2% below the Waste Management industry median of 0.60. Sunny Friend Environmental Technology Co's overall GF Score™ is 81/100 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 Sunny Friend Environmental Technology Co (TPE:8341), the current Debt-to-Equity is 0.57 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 Sunny Friend Environmental Technology Co (TPE:8341) Overvalued in 2026?
Based on GuruFocus' analysis, Sunny Friend Environmental Technology Co stock appears to be undervalued.
The current stock price of NT$75.90 is trading 28.4% below its estimated GF Value™ of NT$106.03.
GuruFocus considers Sunny Friend Environmental Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:8341:
Debt-to-Equity: 0.57 (14% below median its 10-year median of 0.66)
GF Value™: NT$106.03 vs. price of NT$75.90 (28.4% below fair value)
Industry Position: 4.2% below the Waste Management median (#105 of 216)
No single metric tells the full story. See the TPE:8341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunny Friend Environmental Technology Co operates medical waste treatment plants. It uses technology to handle various types of hazardous waste and collects, incinerates, solidifies, and develops solutions to streamline disposal. Various subsidiaries are in Asia to provide services to medical institutions, dispose of batteries, and offer waste treatment and engineering consultations. The company works to recover materials from waste, recycle resources, and conduct environmental tests to discover solutions. Removal vehicles improve communication with customers and are fully equipped to monitor and transmit all cleaning and incineration records back to Sunny Friend's data centers. It generates the majority of its revenue from waste disposal.
81GF Score
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