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Sato Foods CoTSE:2923 -7.59%77 Debt-to-Equity is 0.82 as of Apr. 2026, which is 2% above its 10-year median of 0.80. GuruFocus rates TSE:2923 with a GF Score™ of 77/100 and a GF Value™ of 円8,406.03 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,764 Consumer Packaged Goods companies, Sato Foods Co ranks worse than 72.11% 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 Sato Foods Co's Debt-to-Equity or its related term are showing as below:
TSE:2923'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.8 Max: 0.92
Current: 0.82
During the past 13 years, the highest Debt-to-Equity Ratio of Sato Foods Co was 0.92. The lowest was 0.68. And the median was 0.80.
TSE:2923's Debt-to-Equity is ranked worse than 72.11% of 1764
companies
in the Consumer Packaged Goods industry
Industry Median: 0.41
vs TSE:2923: 0.82
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.
Sato Foods Co Debt-to-Equity Related Terms
Sato Foods Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Sato Foods 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.
For the Packaged Foods subindustry, Sato Foods 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.
Sato Foods Co Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Sato Foods 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.
Sato Foods Co (TSE:2923) has a Debt-to-Equity of 0.82 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sato Foods Co and its competitors. This is near median its historical median of 0.80. Over the past decade, Sato Foods Co's Debt-to-Equity has ranged from 0.68 to 0.92. According to the industry distribution chart, Sato Foods Co ranks #1272 out of 1764 companies in the Consumer Packaged Goods industry, placing it in the top 72.1%.
Is Sato Foods Co's Debt-to-Equity too high?
Sato Foods Co's current Debt-to-Equity of 0.82 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 0.92. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Sato Foods Co's value of 0.82 is 100% above this industry median. Based on the distribution chart, Sato Foods Co ranks #1272 out of 1764 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Sato Foods Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #1272 out of 1764 companies for Debt-to-Equity. This places Sato Foods Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Sato Foods Co's value of 0.82 is 100% above this benchmark. Historically, Sato Foods Co's own Debt-to-Equity has ranged from 0.68 to 0.92 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.41, Sato Foods Co 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,764 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. Sato Foods Co's current Debt-to-Equity of 0.82 is 100% 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 Sato Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current Debt-to-Equity is 0.82, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,406.03, compared to a current price of 円7,180.00 — trading 14.6% below its estimated fair value. The current Debt-to-Equity is 0.82, which is near median its 10-year median of 0.80 and 100% above the Consumer Packaged Goods industry median of 0.41. Sato Foods Co's overall GF Score™ is 77/100 with 4 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 Sato Foods Co (TSE:2923), the current Debt-to-Equity is 0.82 as of Apr. 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 Sato Foods Co (TSE:2923) Overvalued in 2026?
Based on GuruFocus' analysis, Sato Foods Co stock appears to be undervalued.
The current stock price of 円7,180.00 is trading 14.6% below its estimated GF Value™ of 円8,406.03.
GuruFocus considers Sato Foods Co to be Modestly Undervalued.
Key valuation signals for TSE:2923:
Debt-to-Equity: 0.82 (near median its 10-year median of 0.80)
GF Value™: 円8,406.03 vs. price of 円7,180.00 (14.6% below fair value)
Industry Position: 100% above the Consumer Packaged Goods median (#1272 of 1764)
No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
77GF Score
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