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Shinden HightexTSE:3131 -3.37%49 Debt-to-Equity is 1.55 as of Mar. 2026, which is 15% below its 10-year median of 1.83. GuruFocus rates TSE:3131 with a GF Score™ of 49/100 and a GF Value™ of 円2,943.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,230 Hardware companies, Shinden Hightex ranks worse than 96.46% 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 Shinden Hightex's Debt-to-Equity or its related term are showing as below:
TSE:3131'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81 Med: 1.83 Max: 3.38
Current: 2.5
During the past 13 years, the highest Debt-to-Equity Ratio of Shinden Hightex was 3.38. The lowest was 0.81. And the median was 1.83.
TSE:3131's Debt-to-Equity is ranked worse than 96.46% of 2230
companies
in the Hardware industry
Industry Median: 0.28
vs TSE:3131: 2.50
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.
Shinden Hightex Debt-to-Equity Related Terms
Shinden Hightex Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Shinden Hightex'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:3131 vs SNX, ARW, AVT: Debt-to-Equity Comparison
For the Electronics & Computer Distribution subindustry, Shinden Hightex'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.
Shinden Hightex Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Shinden Hightex's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shinden Hightex'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.
Shinden Hightex (TSE:3131) has a Debt-to-Equity of 1.55 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shinden Hightex and its competitors. This is 15% below median its historical median of 1.83. Over the past decade, Shinden Hightex's Debt-to-Equity has ranged from 0.81 to 3.38. According to the industry distribution chart, Shinden Hightex ranks #2151 out of 2230 companies in the Hardware industry, placing it in the top 96.5%.
Is Shinden Hightex's Debt-to-Equity too high?
Shinden Hightex's current Debt-to-Equity of 1.55 is 15% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 3.38. The Hardware industry median Debt-to-Equity is 0.28. Shinden Hightex's value of 1.55 is 453.6% above this industry median. Based on the distribution chart, Shinden Hightex ranks #2151 out of 2230 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shinden Hightex has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinden Hightex's Debt-to-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Shinden Hightex ranks #2151 out of 2230 companies for Debt-to-Equity. This places Shinden Hightex in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Shinden Hightex's value of 1.55 is 453.6% above this benchmark. Historically, Shinden Hightex's own Debt-to-Equity has ranged from 0.81 to 3.38 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 0.28, Shinden Hightex 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 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. Shinden Hightex's current Debt-to-Equity of 1.55 is 453.6% 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 Shinden Hightex and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinden Hightex's current Debt-to-Equity is 1.55, which is 15% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinden Hightex stock overvalued right now?
Based on GuruFocus' analysis, Shinden Hightex (TSE:3131) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,943.04, compared to a current price of 円6,310.00 — trading 114.4% above its estimated fair value. The current Debt-to-Equity is 1.55, which is 15% below median its 10-year median of 1.83 and 453.6% above the Hardware industry median of 0.28. Shinden Hightex's overall GF Score™ is 49/100 with 6 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 Shinden Hightex (TSE:3131), the current Debt-to-Equity is 1.55 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 Shinden Hightex (TSE:3131) Overvalued in 2026?
Based on GuruFocus' analysis, Shinden Hightex stock appears to be overvalued.
The current stock price of 円6,310.00 is trading 114.4% above its estimated GF Value™ of 円2,943.04.
GuruFocus considers Shinden Hightex to be Significantly Overvalued.
Key valuation signals for TSE:3131:
Debt-to-Equity: 1.55 (15% below median its 10-year median of 1.83)
GF Value™: 円2,943.04 vs. price of 円6,310.00 (114.4% above fair value)
Industry Position: 453.6% above the Hardware median (#2151 of 2230)
No single metric tells the full story. See the TSE:3131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinden Hightex Corp is involved in selling various electronic components in Japan. The company offers ICs, liquid crystal displays, memory cards and boards, system products, batteries, and semiconductor components.
49GF Score
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