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Shui-Mu International CoTPE:8443 +0.44%68 Debt-to-Equity is 0.62 as of Jun. 2026, which is 35% above its 10-year median of 0.46. GuruFocus rates TPE:8443 with a GF Score™ of 68/100 and a GF Value™ of NT$11.02 (Fairly Valued). The stock has 5 warning signs investors should review. Among 934 Manufacturing - Apparel & Accessories companies, Shui-Mu International Co ranks worse than 63.17% 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 Shui-Mu International Co's Debt-to-Equity or its related term are showing as below:
TPE:8443'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.46 Max: 0.65
Current: 0.62
During the past 13 years, the highest Debt-to-Equity Ratio of Shui-Mu International Co was 0.65. The lowest was 0.00. And the median was 0.46.
TPE:8443's Debt-to-Equity is ranked worse than 63.17% of 934
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs TPE:8443: 0.62
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.
Shui-Mu International Co Debt-to-Equity Related Terms
Shui-Mu International 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.
TPE:8443 vs NKE, DECK, ONON: Debt-to-Equity Comparison
For the Footwear & Accessories subindustry, Shui-Mu International 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.
Shui-Mu International Co Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shui-Mu International Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shui-Mu International 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.
Shui-Mu International Co (TPE:8443) has a Debt-to-Equity of 0.62 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shui-Mu International Co and its competitors. This is 35% above median its historical median of 0.46. According to the industry distribution chart, Shui-Mu International Co ranks #590 out of 934 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.2%.
Is Shui-Mu International Co's Debt-to-Equity too high?
Shui-Mu International Co's current Debt-to-Equity of 0.62 is 35% above median its 10-year median of 0.46. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. Shui-Mu International Co's value of 0.62 is 51.2% above this industry median. Based on the distribution chart, Shui-Mu International Co ranks #590 out of 934 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shui-Mu International Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shui-Mu International Co's Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shui-Mu International Co ranks #590 out of 934 companies for Debt-to-Equity. This places Shui-Mu International Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Shui-Mu International Co's value of 0.62 is 51.2% above this benchmark. While the company's 10-year median is 0.46 vs. the industry median of 0.41, Shui-Mu International 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 934 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. Shui-Mu International Co's current Debt-to-Equity of 0.62 is 51.2% 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 Shui-Mu International Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shui-Mu International Co's current Debt-to-Equity is 0.62, which is 35% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shui-Mu International Co stock overvalued right now?
Based on GuruFocus' analysis, Shui-Mu International Co (TPE:8443) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.02, compared to a current price of NT$11.40 — trading 3.4% above its estimated fair value. The current Debt-to-Equity is 0.62, which is 35% above median its 10-year median of 0.46 and 51.2% above the Manufacturing - Apparel & Accessories industry median of 0.41. Shui-Mu International Co's overall GF Score™ is 68/100 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 Shui-Mu International Co (TPE:8443), the current Debt-to-Equity is 0.62 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 Shui-Mu International Co (TPE:8443) Overvalued in 2026?
Based on GuruFocus' analysis, Shui-Mu International Co stock appears to be overvalued.
The current stock price of NT$11.40 is trading 3.4% above its estimated GF Value™ of NT$11.02.
GuruFocus considers Shui-Mu International Co to be Fairly Valued.
Key valuation signals for TPE:8443:
Debt-to-Equity: 0.62 (35% above median its 10-year median of 0.46)
GF Value™: NT$11.02 vs. price of NT$11.40 (3.4% above fair value)
Industry Position: 51.2% above the Manufacturing - Apparel & Accessories median (#590 of 934)
No single metric tells the full story. See the TPE:8443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shui-Mu International Co Ltd is a Taiwan-based shoe retailing company, engaged in the wholesale and retail of shoes and bags. Its primary geographic market is Taiwan.
68GF Score
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