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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 Miyaji Engineering Group's Debt-to-Equity or its related term are showing as below:
TSE:3431'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.29
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Miyaji Engineering Group was 0.29. The lowest was 0.00. And the median was 0.13.
TSE:3431's Debt-to-Equity is ranked better than 99.94% of 1621
companies
in the Construction industry
Industry Median: 0.4
vs TSE:3431: 0.01
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.
Miyaji Engineering Group Debt-to-Equity Related Terms
Miyaji Engineering Group 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.
TSE:3431 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Miyaji Engineering Group'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.
Miyaji Engineering Group Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Miyaji Engineering Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Miyaji Engineering Group'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.
Miyaji Engineering Group (TSE:3431) has a Debt-to-Equity of 0.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Miyaji Engineering Group and its competitors. This is 69% below median its historical median of 0.13. According to the industry distribution chart, Miyaji Engineering Group ranks #1 out of 1621 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Miyaji Engineering Group's Debt-to-Equity too high?
Miyaji Engineering Group's current Debt-to-Equity of 0.04 is 69% below median its 10-year median of 0.13. The Construction industry median Debt-to-Equity is 0.40. Miyaji Engineering Group's value of 0.04 is 90% below this industry median. Based on the distribution chart, Miyaji Engineering Group ranks #1 out of 1621 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Miyaji Engineering Group has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Miyaji Engineering Group's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Miyaji Engineering Group ranks #1 out of 1621 companies for Debt-to-Equity. This places Miyaji Engineering Group in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Miyaji Engineering Group's value of 0.04 is 90% below this benchmark. While the company's 10-year median is 0.13 vs. the industry median of 0.40, Miyaji Engineering Group 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,621 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. Miyaji Engineering Group's current Debt-to-Equity of 0.04 is 90% 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 Miyaji Engineering Group and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miyaji Engineering Group's current Debt-to-Equity is 0.04, which is 69% 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 Miyaji Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Miyaji Engineering Group (TSE:3431) is currently considered Fairly Valued. The stock's GF Value™ is 円1,527.01, compared to a current price of 円1,568.00 — trading 2.7% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 69% below median its 10-year median of 0.13 and 90% below the Construction industry median of 0.40. Miyaji Engineering Group's overall GF Score™ is 65/100 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 Miyaji Engineering Group (TSE:3431), the current Debt-to-Equity is 0.04 as of Jun. 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 Miyaji Engineering Group (TSE:3431) Overvalued in 2026?
Based on GuruFocus' analysis, Miyaji Engineering Group stock appears to be overvalued.
The current stock price of 円1,568.00 is trading 2.7% above its estimated GF Value™ of 円1,527.01.
GuruFocus considers Miyaji Engineering Group to be Fairly Valued.
Key valuation signals for TSE:3431:
Debt-to-Equity: 0.04 (69% below median its 10-year median of 0.13)
GF Value™: 円1,527.01 vs. price of 円1,568.00 (2.7% above fair value)
Industry Position: 90% below the Construction median (#1 of 1621)
No single metric tells the full story. See the TSE:3431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miyaji Engineering Group Inc is a Japan-based construction engineering company. Along with its subsidiaries, the firm is engaged in designing, production, installation, maintenance, and repair of bridges, steel frames, and other steel structures. The company also undertakes civil engineering work and floor planning.
65GF Score
Get the complete analysis for TSE:3431
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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