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Happiness and D CoTSE:3174 42 Debt-to-Equity is 7.57 as of Feb. 2026, which is 203% above its 10-year median of 2.50. GuruFocus rates TSE:3174 with a GF Score™ of 42/100 and a GF Value™ of 円540.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,007 Retail - Cyclical companies, Happiness and D Co ranks worse than 98.31% 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 Happiness and D Co's Debt-to-Equity or its related term are showing as below:
TSE:3174'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.93 Med: 2.5 Max: 18.97
Current: 10.66
During the past 13 years, the highest Debt-to-Equity Ratio of Happiness and D Co was 18.97. The lowest was 1.93. And the median was 2.50.
TSE:3174's Debt-to-Equity is ranked worse than 98.31% of 1007
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs TSE:3174: 10.66
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.
Happiness and D Co Debt-to-Equity Related Terms
Happiness and D Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Happiness and D 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:3174 vs CASY, WSM, ULTA: Debt-to-Equity Comparison
For the Specialty Retail subindustry, Happiness and D 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.
Happiness and D Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Happiness and D Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Happiness and D 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.
Happiness and D Co (TSE:3174) has a Debt-to-Equity of 7.57 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Happiness and D Co and its competitors. This is 203% above median its historical median of 2.50. Over the past decade, Happiness and D Co's Debt-to-Equity has ranged from 1.93 to 18.97. According to the industry distribution chart, Happiness and D Co ranks #990 out of 1007 companies in the Retail - Cyclical industry, placing it in the top 98.3%.
Is Happiness and D Co's Debt-to-Equity too high?
Happiness and D Co's current Debt-to-Equity of 7.57 is 203% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 18.97. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Happiness and D Co's value of 7.57 is 1251.8% above this industry median. Based on the distribution chart, Happiness and D Co ranks #990 out of 1007 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Happiness and D Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiness and D Co's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happiness and D Co ranks #990 out of 1007 companies for Debt-to-Equity. This places Happiness and D Co in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Happiness and D Co's value of 7.57 is 1251.8% above this benchmark. Historically, Happiness and D Co's own Debt-to-Equity has ranged from 1.93 to 18.97 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.56, Happiness and D 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,007 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. Happiness and D Co's current Debt-to-Equity of 7.57 is 1251.8% 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 Happiness and D Co and its competitors. For the Retail - Cyclical 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. Happiness and D Co's current Debt-to-Equity is 7.57, which is 203% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiness and D Co stock overvalued right now?
Based on GuruFocus' analysis, Happiness and D Co (TSE:3174) is currently considered Modestly Undervalued. The stock's GF Value™ is 円540.60, compared to a current price of 円399.00 — trading 26.2% below its estimated fair value. The current Debt-to-Equity is 7.57, which is 203% above median its 10-year median of 2.50 and 1251.8% above the Retail - Cyclical industry median of 0.56. Happiness and D Co's overall GF Score™ is 42/100 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 Happiness and D Co (TSE:3174), the current Debt-to-Equity is 7.57 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 Happiness and D Co (TSE:3174) Overvalued in 2026?
Based on GuruFocus' analysis, Happiness and D Co stock appears to be undervalued.
The current stock price of 円399.00 is trading 26.2% below its estimated GF Value™ of 円540.60.
GuruFocus considers Happiness and D Co to be Modestly Undervalued.
Key valuation signals for TSE:3174:
Debt-to-Equity: 7.57 (203% above median its 10-year median of 2.50)
GF Value™: 円540.60 vs. price of 円399.00 (26.2% below fair value)
Industry Position: 1251.8% above the Retail - Cyclical median (#990 of 1007)
No single metric tells the full story. See the TSE:3174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happiness and D Co Ltd manages branded gift stores in Japan. It is engaged in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings, and bracelets; as well as watches, handbags, and accessories. The company has stores located in Hokkaido, Tohoku, Kanto, Chubu and Chugoku among other locations.
42GF Score
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