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Can Do CoTSE:2698 -2.12%51 Debt-to-Equity is 0.33 as of Feb. 2026, which is 8% below its 10-year median of 0.36. GuruFocus rates TSE:2698 with a GF Score™ of 51/100 and a GF Value™ of 円3,564.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 282 Retail - Defensive companies, Can Do Co ranks better than 56.03% 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 Can Do Co's Debt-to-Equity or its related term are showing as below:
TSE:2698'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.36 Max: 0.38
Current: 0.41
During the past 13 years, the highest Debt-to-Equity Ratio of Can Do Co was 0.38. The lowest was 0.00. And the median was 0.36.
TSE:2698's Debt-to-Equity is ranked better than 56.03% of 282
companies
in the Retail - Defensive industry
Industry Median: 0.555
vs TSE:2698: 0.41
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.
Can Do Co Debt-to-Equity Related Terms
Can Do Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Can Do 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:2698 vs WMT, COST, TGT: Debt-to-Equity Comparison
For the Discount Stores subindustry, Can Do 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.
Can Do Co Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Can Do Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Can Do 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.
Can Do Co (TSE:2698) has a Debt-to-Equity of 0.33 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Can Do Co and its competitors. This is near median its historical median of 0.36. According to the industry distribution chart, Can Do Co ranks #124 out of 282 companies in the Retail - Defensive industry, placing it in the top 44%.
Is Can Do Co's Debt-to-Equity too high?
Can Do Co's current Debt-to-Equity of 0.33 is near median its 10-year median of 0.36. The Retail - Defensive industry median Debt-to-Equity is 0.56. Can Do Co's value of 0.33 is 40.5% below this industry median. Based on the distribution chart, Can Do Co ranks #124 out of 282 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Can Do Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Can Do Co's Debt-to-Equity compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Can Do Co ranks #124 out of 282 companies for Debt-to-Equity. This puts Can Do Co in the upper half of its industry. The industry median Debt-to-Equity is 0.56. Can Do Co's value of 0.33 is 40.5% below this benchmark. While the company's 10-year median is 0.36 vs. the industry median of 0.56, Can Do 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 Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 282 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. Can Do Co's current Debt-to-Equity of 0.33 is 40.5% 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 Can Do Co and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Can Do Co's current Debt-to-Equity is 0.33, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Can Do Co stock overvalued right now?
Based on GuruFocus' analysis, Can Do Co (TSE:2698) is currently considered Fairly Valued. The stock's GF Value™ is 円3,564.80, compared to a current price of 円3,230.00 — trading 9.4% below its estimated fair value. The current Debt-to-Equity is 0.33, which is near median its 10-year median of 0.36 and 40.5% below the Retail - Defensive industry median of 0.56. Can Do Co's overall GF Score™ is 51/100 with 1 warning sign 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 Can Do Co (TSE:2698), the current Debt-to-Equity is 0.33 as of Feb. 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 Can Do Co (TSE:2698) Overvalued in 2026?
Based on GuruFocus' analysis, Can Do Co stock appears to be undervalued.
The current stock price of 円3,230.00 is trading 9.4% below its estimated GF Value™ of 円3,564.80.
GuruFocus considers Can Do Co to be Fairly Valued.
Key valuation signals for TSE:2698:
Debt-to-Equity: 0.33 (near median its 10-year median of 0.36)
GF Value™: 円3,564.80 vs. price of 円3,230.00 (9.4% below fair value)
Industry Position: 40.5% below the Retail - Defensive median (#124 of 282)
No single metric tells the full story. See the TSE:2698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Can Do Co Ltd main business is to develop a chain of retail stores for daily miscellaneous goods and processed food. The company generates the majority of its revenue from Japan. The company is a single business whose main purpose is to develop a chain of retail stores for daily miscellaneous goods and processed foods. Product wise the company generates the majority of its revenue from the sale of daily goods followed by sales of processed foods.
51GF Score
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