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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 Mie Kotsu Group Holdings's Debt-to-Equity or its related term are showing as below:
TSE:3232'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.16 Med: 1.58 Max: 1.95
Current: 1.16
During the past 13 years, the highest Debt-to-Equity Ratio of Mie Kotsu Group Holdings was 1.95. The lowest was 1.16. And the median was 1.58.
TSE:3232's Debt-to-Equity is ranked worse than 75.69% of 506
companies
in the Conglomerates industry
Industry Median: 0.535
vs TSE:3232: 1.16
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.
Mie Kotsu Group Holdings Debt-to-Equity Related Terms
Mie Kotsu Group Holdings Debt-to-Equity Historical Data
* 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 Conglomerates subindustry, Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mie Kotsu Group Holdings'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.
Mie Kotsu Group Holdings (TSE:3232) has a Debt-to-Equity of 1.16 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mie Kotsu Group Holdings and its competitors. This is 27% below median its historical median of 1.58. Over the past decade, Mie Kotsu Group Holdings' Debt-to-Equity has ranged from 1.16 to 1.95. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #383 out of 506 companies in the Conglomerates industry, placing it in the top 75.7%.
Is Mie Kotsu Group Holdings' Debt-to-Equity too high?
Mie Kotsu Group Holdings' current Debt-to-Equity of 1.16 is 27% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 1.95. The Conglomerates industry median Debt-to-Equity is 0.54. Mie Kotsu Group Holdings' value of 1.16 is 116.8% above this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #383 out of 506 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Mie Kotsu Group Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #383 out of 506 companies for Debt-to-Equity. This places Mie Kotsu Group Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Mie Kotsu Group Holdings' value of 1.16 is 116.8% above this benchmark. Historically, Mie Kotsu Group Holdings' own Debt-to-Equity has ranged from 1.16 to 1.95 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.54, Mie Kotsu Group Holdings 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 506 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. Mie Kotsu Group Holdings's current Debt-to-Equity of 1.16 is 116.8% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current Debt-to-Equity is 1.16, which is 27% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円592.89, compared to a current price of 円553.00 — trading 6.7% below its estimated fair value. The current Debt-to-Equity is 1.16, which is 27% below median its 10-year median of 1.58 and 116.8% above the Conglomerates industry median of 0.54. Mie Kotsu Group Holdings' overall GF Score™ is 76/100 with 2 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 Mie Kotsu Group Holdings (TSE:3232), the current Debt-to-Equity is 1.16 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued.
The current stock price of 円553.00 is trading 6.7% below its estimated GF Value™ of 円592.89.
GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.
Key valuation signals for TSE:3232:
Debt-to-Equity: 1.16 (27% below median its 10-year median of 1.58)
GF Value™: 円592.89 vs. price of 円553.00 (6.7% below fair value)
Industry Position: 116.8% above the Conglomerates median (#383 of 506)
No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
76GF Score
Get the complete analysis for TSE:3232
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