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Joyful Honda CoTSE:3191 -1.41%66 Debt-to-Equity is 0.09 as of Mar. 2026, which is 31% below its 10-year median of 0.13. GuruFocus rates TSE:3191 with a GF Score™ of 66/100 and a GF Value™ of 円2,250.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,009 Retail - Cyclical companies, Joyful Honda Co ranks better than 88.8% 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 Joyful Honda Co's Debt-to-Equity or its related term are showing as below:
TSE:3191'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.13 Max: 0.28
Current: 0.08
During the past 13 years, the highest Debt-to-Equity Ratio of Joyful Honda Co was 0.28. The lowest was 0.08. And the median was 0.13.
TSE:3191's Debt-to-Equity is ranked better than 88.8% of 1009
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs TSE:3191: 0.08
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.
Joyful Honda Co Debt-to-Equity Related Terms
Joyful Honda Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Joyful Honda 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:3191 vs HD, LOW, FND: Debt-to-Equity Comparison
For the Home Improvement Retail subindustry, Joyful Honda 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.
Joyful Honda Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Joyful Honda Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Joyful Honda 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.
Joyful Honda Co (TSE:3191) has a Debt-to-Equity of 0.09 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Joyful Honda Co and its competitors. This is 31% below median its historical median of 0.13. Over the past decade, Joyful Honda Co's Debt-to-Equity has ranged from 0.08 to 0.28. According to the industry distribution chart, Joyful Honda Co ranks #113 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 11.2%.
Is Joyful Honda Co's Debt-to-Equity too high?
Joyful Honda Co's current Debt-to-Equity of 0.09 is 31% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.28. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Joyful Honda Co's value of 0.09 is 83.9% below this industry median. Based on the distribution chart, Joyful Honda Co ranks #113 out of 1009 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Joyful Honda Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Joyful Honda Co's Debt-to-Equity compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Joyful Honda Co ranks #113 out of 1009 companies for Debt-to-Equity. This places Joyful Honda Co in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.56. Joyful Honda Co's value of 0.09 is 83.9% below this benchmark. Historically, Joyful Honda Co's own Debt-to-Equity has ranged from 0.08 to 0.28 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.56, Joyful Honda 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 - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,009 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. Joyful Honda Co's current Debt-to-Equity of 0.09 is 83.9% 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 Joyful Honda 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. Joyful Honda Co's current Debt-to-Equity is 0.09, which is 31% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joyful Honda Co stock overvalued right now?
Based on GuruFocus' analysis, Joyful Honda Co (TSE:3191) is currently considered Fairly Valued. The stock's GF Value™ is 円2,250.05, compared to a current price of 円2,236.00 — trading 0.6% below its estimated fair value. The current Debt-to-Equity is 0.09, which is 31% below median its 10-year median of 0.13 and 83.9% below the Retail - Cyclical industry median of 0.56. Joyful Honda Co's overall GF Score™ is 66/100 with 5 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 Joyful Honda Co (TSE:3191), the current Debt-to-Equity is 0.09 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 Joyful Honda Co (TSE:3191) Overvalued in 2026?
Based on GuruFocus' analysis, Joyful Honda Co stock appears to be undervalued.
The current stock price of 円2,236.00 is trading 0.6% below its estimated GF Value™ of 円2,250.05.
GuruFocus considers Joyful Honda Co to be Fairly Valued.
Key valuation signals for TSE:3191:
Debt-to-Equity: 0.09 (31% below median its 10-year median of 0.13)
GF Value™: 円2,250.05 vs. price of 円2,236.00 (0.6% below fair value)
Industry Position: 83.9% below the Retail - Cyclical median (#113 of 1009)
No single metric tells the full story. See the TSE:3191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joyful Honda Co Ltd is engaged in the home center retail business. Its business operations are grouped into four divisions: Home Center, Garden Center, Pet Center and Exterior Center. Home Centers supplies timber, building materials, paint, tools, hardware, worker essentials, electrical fittings and other materials for home renovation projects. Garden Centers provides an extensive range of flower seedlings, vegetable seedlings, plants, mulch and other soil for horticulture, fertilizers, plant pots and other gardening supplies. Pet Center offers pet-related products, including pet food, cages, and toys. Exterior Centers provide services from sales to construction.
66GF Score
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