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System Research CoTSE:3771 -0.71%89 Debt-to-Equity is 0.07 as of Mar. 2026, which is 63% below its 10-year median of 0.19. GuruFocus rates TSE:3771 with a GF Score™ of 89/100 and a GF Value™ of 円2,103.05 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,247 Software companies, System Research Co ranks better than 72.72% 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 System Research Co's Debt-to-Equity or its related term are showing as below:
TSE:3771'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.19 Max: 0.39
Current: 0.07
During the past 13 years, the highest Debt-to-Equity Ratio of System Research Co was 0.39. The lowest was 0.07. And the median was 0.19.
TSE:3771's Debt-to-Equity is ranked better than 72.72% of 2247
companies
in the Software industry
Industry Median: 0.2
vs TSE:3771: 0.07
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.
System Research Co Debt-to-Equity Related Terms
System Research Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for System Research 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:3771 vs CRM, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, System Research 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.
System Research Co Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, System Research Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where System Research 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.
System Research Co (TSE:3771) has a Debt-to-Equity of 0.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on System Research Co and its competitors. This is 63% below median its historical median of 0.19. Over the past decade, System Research Co's Debt-to-Equity has ranged from 0.07 to 0.39. According to the industry distribution chart, System Research Co ranks #613 out of 2247 companies in the Software industry, placing it in the top 27.3%.
Is System Research Co's Debt-to-Equity too high?
System Research Co's current Debt-to-Equity of 0.07 is 63% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.39. The Software industry median Debt-to-Equity is 0.20. System Research Co's value of 0.07 is 65% below this industry median. Based on the distribution chart, System Research Co ranks #613 out of 2247 companies in the Software industry, which is above the industry midpoint. Overall, System Research Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does System Research Co's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, System Research Co ranks #613 out of 2247 companies for Debt-to-Equity. This puts System Research Co in the upper half of its industry. The industry median Debt-to-Equity is 0.20. System Research Co's value of 0.07 is 65% below this benchmark. Historically, System Research Co's own Debt-to-Equity has ranged from 0.07 to 0.39 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.20, System Research 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,247 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. System Research Co's current Debt-to-Equity of 0.07 is 65% 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 System Research Co and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System Research Co's current Debt-to-Equity is 0.07, which is 63% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System Research Co stock overvalued right now?
Based on GuruFocus' analysis, System Research Co (TSE:3771) is currently considered Fairly Valued. The stock's GF Value™ is 円2,103.05, compared to a current price of 円1,951.00 — trading 7.2% below its estimated fair value. The current Debt-to-Equity is 0.07, which is 63% below median its 10-year median of 0.19 and 65% below the Software industry median of 0.20. System Research Co's overall GF Score™ is 89/100 with 1 warning sign 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 System Research Co (TSE:3771), the current Debt-to-Equity is 0.07 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 System Research Co (TSE:3771) Overvalued in 2026?
Based on GuruFocus' analysis, System Research Co stock appears to be undervalued.
The current stock price of 円1,951.00 is trading 7.2% below its estimated GF Value™ of 円2,103.05.
GuruFocus considers System Research Co to be Fairly Valued.
Key valuation signals for TSE:3771:
Debt-to-Equity: 0.07 (63% below median its 10-year median of 0.19)
GF Value™: 円2,103.05 vs. price of 円1,951.00 (7.2% below fair value)
Industry Position: 65% below the Software median (#613 of 2247)
No single metric tells the full story. See the TSE:3771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
System Research Co Ltd is a software application service provider in Japan. The business of the company includes SI service operations, outsourcing business, web-related business, software development work, software product business, and product sales.
89GF Score
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