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Kodensha CoTSE:1948 +0.09%60 Debt-to-Equity is 0.02 as of Mar. 2026, which is 50% below its 10-year median of 0.04. GuruFocus rates TSE:1948 with a GF Score™ of 60/100 and a GF Value™ of 円2,074.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,622 Construction companies, Kodensha Co ranks better than 95.44% 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 Kodensha Co's Debt-to-Equity or its related term are showing as below:
TSE:1948'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.06
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Kodensha Co was 0.06. The lowest was 0.02. And the median was 0.04.
TSE:1948's Debt-to-Equity is ranked better than 95.44% of 1622
companies
in the Construction industry
Industry Median: 0.4
vs TSE:1948: 0.02
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.
Kodensha Co Debt-to-Equity Related Terms
Kodensha Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kodensha Co'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.
TSE:1948 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Kodensha 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.
Kodensha Co Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Kodensha Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kodensha 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.
Kodensha Co (TSE:1948) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kodensha Co and its competitors. This is 50% below median its historical median of 0.04. Over the past decade, Kodensha Co's Debt-to-Equity has ranged from 0.02 to 0.06. According to the industry distribution chart, Kodensha Co ranks #74 out of 1622 companies in the Construction industry, placing it in the top 4.6%.
Is Kodensha Co's Debt-to-Equity too high?
Kodensha Co's current Debt-to-Equity of 0.02 is 50% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.06. The Construction industry median Debt-to-Equity is 0.40. Kodensha Co's value of 0.02 is 95% below this industry median. Based on the distribution chart, Kodensha Co ranks #74 out of 1622 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kodensha Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kodensha Co's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Kodensha Co ranks #74 out of 1622 companies for Debt-to-Equity. This places Kodensha Co in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Kodensha Co's value of 0.02 is 95% below this benchmark. Historically, Kodensha Co's own Debt-to-Equity has ranged from 0.02 to 0.06 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.40, Kodensha 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,622 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. Kodensha Co's current Debt-to-Equity of 0.02 is 95% 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 Kodensha Co 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. Kodensha Co's current Debt-to-Equity is 0.02, which is 50% 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 Kodensha Co stock overvalued right now?
Based on GuruFocus' analysis, Kodensha Co (TSE:1948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,074.95, compared to a current price of 円11,430.00 — trading 450.9% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 50% below median its 10-year median of 0.04 and 95% below the Construction industry median of 0.40. Kodensha Co's overall GF Score™ is 60/100 with 3 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 Kodensha Co (TSE:1948), the current Debt-to-Equity is 0.02 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 Kodensha Co (TSE:1948) Overvalued in 2026?
Based on GuruFocus' analysis, Kodensha Co stock appears to be overvalued.
The current stock price of 円11,430.00 is trading 450.9% above its estimated GF Value™ of 円2,074.95.
GuruFocus considers Kodensha Co to be Significantly Overvalued.
Key valuation signals for TSE:1948:
Debt-to-Equity: 0.02 (50% below median its 10-year median of 0.04)
GF Value™: 円2,074.95 vs. price of 円11,430.00 (450.9% above fair value)
Industry Position: 95% below the Construction median (#74 of 1622)
No single metric tells the full story. See the TSE:1948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kodensha Co Ltd is a specialized company of electrical equipment construction. It has diversified its operations into the following segments. The "Electrical Equipment Construction Business" carries out indoor wiring construction, power transmission line construction, power generation and transformation construction, communication construction, and air conditioning construction. The "Product Sales Business" sells electronic control and measurement machinery and equipment, substation equipment and equipment, machine tools and equipment, information and communication machinery and equipment, refrigeration and air conditioning machinery and equipment, elevators and monitoring, and control equipment.
60GF Score
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