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Track GroupTRCK 27 Debt-to-Equity is 1.09 as of Jun. 2026. GuruFocus rates TRCK with a GF Score™ of 27/100 and a GF Value™ of $0.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,228 Hardware companies, Track Group ranks worse than 86.49% 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 Track Group's Debt-to-Equity or its related term are showing as below:
TRCK'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3385.4 Med: -3.73 Max: 43.79
Current: 1.09
During the past 13 years, the highest Debt-to-Equity Ratio of Track Group was 43.79. The lowest was -3385.40. And the median was -3.73.
TRCK's Debt-to-Equity is ranked worse than 86.49% of 2228
companies
in the Hardware industry
Industry Median: 0.27
vs TRCK: 1.09
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.
Track Group Debt-to-Equity Related Terms
Track Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Track Group'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.
TRCK vs ELSE, AATC, ARAI: Debt-to-Equity Comparison
For the Scientific & Technical Instruments subindustry, Track Group'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.
Track Group Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Track Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Track Group'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.
Track Group (TRCK) has a Debt-to-Equity of 1.09 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Track Group and its competitors. According to the industry distribution chart, Track Group ranks #1927 out of 2228 companies in the Hardware industry, placing it in the top 86.5%.
Is Track Group's Debt-to-Equity too high?
Track Group's current Debt-to-Equity is 1.09. The Hardware industry median Debt-to-Equity is 0.27. Track Group's value of 1.09 is 303.7% above this industry median. Based on the distribution chart, Track Group ranks #1927 out of 2228 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Track Group has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Debt-to-Equity compare to ELSE and AATC?
According to the Hardware industry distribution chart, Track Group ranks #1927 out of 2228 companies for Debt-to-Equity. This places Track Group in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Track Group's value of 1.09 is 303.7% above this benchmark. 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 0.27, based on 2,228 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. Track Group's current Debt-to-Equity of 1.09 is 303.7% 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 Track Group and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track Group's current Debt-to-Equity is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.23, compared to a current price of $0.59 — trading 156.5% above its estimated fair value. The current Debt-to-Equity is 1.09 and 303.7% above the Hardware industry median of 0.27. Track Group's overall GF Score™ is 27/100 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 Track Group (TRCK), the current Debt-to-Equity is 1.09 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 Track Group (TRCK) Overvalued in 2026?
Based on GuruFocus' analysis, Track Group stock appears to be overvalued.
The current stock price of $0.59 is trading 156.5% above its estimated GF Value™ of $0.23.
GuruFocus considers Track Group to be Significantly Overvalued.
Key valuation signals for TRCK:
Debt-to-Equity: 1.09
GF Value™: $0.23 vs. price of $0.59 (156.5% above fair value)
Industry Position: 303.7% above the Hardware median (#1927 of 2228)
No single metric tells the full story. See the TRCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
27GF Score
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