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Hsin BA BaTPE:9906 -1.02%71 Debt-to-Equity is 4.34 as of Mar. 2026, which is 19% below its 10-year median of 5.33. GuruFocus rates TPE:9906 with a GF Score™ of 71/100 and a GF Value™ of NT$52.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,616 Construction companies, Hsin BA Ba ranks worse than 97.83% 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 Hsin BA Ba's Debt-to-Equity or its related term are showing as below:
TPE:9906'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.65 Med: 5.33 Max: 13.7
Current: 4.34
During the past 13 years, the highest Debt-to-Equity Ratio of Hsin BA Ba was 13.70. The lowest was 1.65. And the median was 5.33.
TPE:9906's Debt-to-Equity is ranked worse than 97.83% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs TPE:9906: 4.34
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.
Hsin BA Ba Debt-to-Equity Related Terms
Hsin BA Ba Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hsin BA Ba'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.
TPE:9906 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Hsin BA Ba'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.
Hsin BA Ba Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Hsin BA Ba's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hsin BA Ba'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.
Hsin BA Ba (TPE:9906) has a Debt-to-Equity of 4.34 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hsin BA Ba and its competitors. This is 19% below median its historical median of 5.33. Over the past decade, Hsin BA Ba's Debt-to-Equity has ranged from 1.65 to 13.70. According to the industry distribution chart, Hsin BA Ba ranks #1581 out of 1616 companies in the Construction industry, placing it in the top 97.8%.
Is Hsin BA Ba's Debt-to-Equity too high?
Hsin BA Ba's current Debt-to-Equity of 4.34 is 19% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 13.70. The Construction industry median Debt-to-Equity is 0.40. Hsin BA Ba's value of 4.34 is 985% above this industry median. Based on the distribution chart, Hsin BA Ba ranks #1581 out of 1616 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Hsin BA Ba has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Hsin BA Ba ranks #1581 out of 1616 companies for Debt-to-Equity. This places Hsin BA Ba in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Hsin BA Ba's value of 4.34 is 985% above this benchmark. Historically, Hsin BA Ba's own Debt-to-Equity has ranged from 1.65 to 13.70 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 0.40, Hsin BA Ba 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. Hsin BA Ba's current Debt-to-Equity of 4.34 is 985% 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 Hsin BA Ba and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin BA Ba's current Debt-to-Equity is 4.34, which is 19% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.31, compared to a current price of NT$38.80 — trading 25.8% below its estimated fair value. The current Debt-to-Equity is 4.34, which is 19% below median its 10-year median of 5.33 and 985% above the Construction industry median of 0.40. Hsin BA Ba's overall GF Score™ is 71/100 with 6 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 Hsin BA Ba (TPE:9906), the current Debt-to-Equity is 4.34 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 Hsin BA Ba (TPE:9906) Overvalued in 2026?
Based on GuruFocus' analysis, Hsin BA Ba stock appears to be undervalued.
The current stock price of NT$38.80 is trading 25.8% below its estimated GF Value™ of NT$52.31.
GuruFocus considers Hsin BA Ba to be Modestly Undervalued.
Key valuation signals for TPE:9906:
Debt-to-Equity: 4.34 (19% below median its 10-year median of 5.33)
GF Value™: NT$52.31 vs. price of NT$38.80 (25.8% below fair value)
Industry Position: 985% above the Construction median (#1581 of 1616)
No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
71GF Score
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