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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 Okayama Paper Industries Co's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Okayama Paper Industries Co was 0.01. The lowest was 0.00. And the median was 0.01.
TSE:3892's Debt-to-Equity is not ranked *
in the Forest Products industry.
Industry Median: 0.495 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Okayama Paper Industries Co Debt-to-Equity Related Terms
Okayama Paper Industries Co 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.
Okayama Paper Industries Co Debt-to-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Okayama Paper Industries 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.
Okayama Paper Industries Co Debt-to-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Okayama Paper Industries 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.
Okayama Paper Industries Co (TSE:3892) has a Debt-to-Equity of 0.00 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Okayama Paper Industries Co and its competitors. According to the industry distribution chart, Okayama Paper Industries Co ranks #999999 out of 256 companies in the Forest Products industry.
Is Okayama Paper Industries Co's Debt-to-Equity too high?
Okayama Paper Industries Co's current Debt-to-Equity is 0.00. Based on the distribution chart, Okayama Paper Industries Co ranks #999999 out of 256 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Debt-to-Equity compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #999999 out of 256 companies for Debt-to-Equity. This places Okayama Paper Industries Co in the lower half of its industry. The industry median Debt-to-Equity is 0.50. 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 Forest Products company?
The median Debt-to-Equity among Forest Products companies is 0.50, based on 256 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. 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median Debt-to-Equity is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,428.29, compared to a current price of 円1,584.00 — trading 10.9% above its estimated fair value. The current Debt-to-Equity is 0.00. Okayama Paper Industries Co's overall GF Score™ is 75/100 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 Okayama Paper Industries Co (TSE:3892), the current Debt-to-Equity is 0.00 as of May. 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?
Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,584.00 is trading 10.9% above its estimated GF Value™ of 円1,428.29.
GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.
Key valuation signals for TSE:3892:
Debt-to-Equity: 0.00
GF Value™: 円1,428.29 vs. price of 円1,584.00 (10.9% above fair value)
No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
75GF Score
Get the complete analysis for TSE:3892
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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