Taihei Dengyo Kaisha (TSE:1968) Debt-to-Equity: 0.12 (As of Mar. 2026) — 25% Below Median

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TSE:1968 Taihei Dengyo Kaisha Ltd TSE:1968
80 GF Score
Price 円2,357.00
GF Value 円1,756.86
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Taihei Dengyo Kaisha Debt-to-Equity?

Taihei Dengyo Kaisha TSE:1968 -3.56% 80 Debt-to-Equity is 0.12 as of Mar. 2026, which is 25% below its 10-year median of 0.16. GuruFocus rates TSE:1968 with a GF Score™ of 80/100 and a GF Value™ of 円1,756.86 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,616 Construction companies, Taihei Dengyo Kaisha ranks better than 76.36% on this metric.

Taihei Dengyo Kaisha's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,220 Mil. Taihei Dengyo Kaisha's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円14,024 Mil. Taihei Dengyo Kaisha's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円126,416 Mil. Taihei Dengyo Kaisha's debt to equity for the quarter that ended in Mar. 2026 was 0.12.

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 Taihei Dengyo Kaisha's Debt-to-Equity or its related term are showing as below:

TSE:1968' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.16   Max: 0.29
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Taihei Dengyo Kaisha was 0.29. The lowest was 0.06. And the median was 0.16.

TSE:1968's Debt-to-Equity is ranked better than
76.36% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs TSE:1968: 0.12

Taihei Dengyo Kaisha  (TSE:1968) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Taihei Dengyo Kaisha Debt-to-Equity Related Terms


Taihei Dengyo Kaisha Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Taihei Dengyo Kaisha'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.

Taihei Dengyo Kaisha Debt-to-Equity Chart

Taihei Dengyo Kaisha Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.18 0.15 0.12 0.12

Taihei Dengyo Kaisha Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.12 0.11 0.12 0.12

TSE:1968 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Taihei Dengyo Kaisha'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.


Taihei Dengyo Kaisha Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Taihei Dengyo Kaisha's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Taihei Dengyo Kaisha's Debt-to-Equity falls into.


TSE:1968
80GF Score
Taihei Dengyo Kaisha Ltd TSE:1968
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihei Dengyo Kaisha Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taihei Dengyo Kaisha's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Taihei Dengyo Kaisha's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.12 mean?
Taihei Dengyo Kaisha (TSE:1968) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Taihei Dengyo Kaisha and its competitors. This is 25% below median its historical median of 0.16. Over the past decade, Taihei Dengyo Kaisha's Debt-to-Equity has ranged from 0.06 to 0.29. According to the industry distribution chart, Taihei Dengyo Kaisha ranks #382 out of 1616 companies in the Construction industry, placing it in the top 23.6%.
Is Taihei Dengyo Kaisha's Debt-to-Equity too high?
Taihei Dengyo Kaisha's current Debt-to-Equity of 0.12 is 25% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.29. The Construction industry median Debt-to-Equity is 0.40. Taihei Dengyo Kaisha's value of 0.12 is 70% below this industry median. Based on the distribution chart, Taihei Dengyo Kaisha ranks #382 out of 1616 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Taihei Dengyo Kaisha has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Taihei Dengyo Kaisha ranks #382 out of 1616 companies for Debt-to-Equity. This places Taihei Dengyo Kaisha in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Taihei Dengyo Kaisha's value of 0.12 is 70% below this benchmark. Historically, Taihei Dengyo Kaisha's own Debt-to-Equity has ranged from 0.06 to 0.29 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.40, Taihei Dengyo Kaisha 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 1,616 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. Taihei Dengyo Kaisha's current Debt-to-Equity of 0.12 is 70% 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 Taihei Dengyo Kaisha 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. Taihei Dengyo Kaisha's current Debt-to-Equity is 0.12, which is 25% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,756.86, compared to a current price of 円2,357.00 — trading 34.2% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 25% below median its 10-year median of 0.16 and 70% below the Construction industry median of 0.40. Taihei Dengyo Kaisha's overall GF Score™ is 80/100 with 2 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 Taihei Dengyo Kaisha (TSE:1968), the current Debt-to-Equity is 0.12 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued. The current stock price of 円2,357.00 is trading 34.2% above its estimated GF Value™ of 円1,756.86. GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:1968:

  • Debt-to-Equity: 0.12 (25% below median its 10-year median of 0.16)
  • GF Value™: 円1,756.86 vs. price of 円2,357.00 (34.2% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 70% below the Construction median (#382 of 1616)

No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihei Dengyo Kaisha Business Description

Address 2-4, Kanda, Jimbo-cho, Chiyoda-ku, Tokyo, JPN, 101-8416
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
80GF Score

Get the complete analysis for TSE:1968

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,357.00
Price
円1,756.86
GF Value