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ShowcaseTSE:3909 -0.53%56 Debt-to-Equity is 0.35 as of Mar. 2026, which is 56% below its 10-year median of 0.79. GuruFocus rates TSE:3909 with a GF Score™ of 56/100 and a GF Value™ of 円207.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,245 Software companies, Showcase ranks worse than 65.35% 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 Showcase's Debt-to-Equity or its related term are showing as below:
TSE:3909'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.79 Max: 2.55
Current: 0.41
During the past 13 years, the highest Debt-to-Equity Ratio of Showcase was 2.55. The lowest was 0.08. And the median was 0.79.
TSE:3909's Debt-to-Equity is ranked worse than 65.35% of 2245
companies
in the Software industry
Industry Median: 0.2
vs TSE:3909: 0.41
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.
Showcase Debt-to-Equity Related Terms
Showcase Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Showcase'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:3909 vs CRM, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Showcase'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.
Showcase Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Showcase's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Showcase'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.
Showcase (TSE:3909) has a Debt-to-Equity of 0.35 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Showcase and its competitors. This is 56% below median its historical median of 0.79. Over the past decade, Showcase's Debt-to-Equity has ranged from 0.08 to 2.55. According to the industry distribution chart, Showcase ranks #1467 out of 2245 companies in the Software industry, placing it in the top 65.3%.
Is Showcase's Debt-to-Equity too high?
Showcase's current Debt-to-Equity of 0.35 is 56% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 2.55. The Software industry median Debt-to-Equity is 0.20. Showcase's value of 0.35 is 75% above this industry median. Based on the distribution chart, Showcase ranks #1467 out of 2245 companies in the Software industry, which is below the industry midpoint. Overall, Showcase has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Showcase's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Showcase ranks #1467 out of 2245 companies for Debt-to-Equity. This places Showcase in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Showcase's value of 0.35 is 75% above this benchmark. Historically, Showcase's own Debt-to-Equity has ranged from 0.08 to 2.55 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.20, Showcase 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,245 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. Showcase's current Debt-to-Equity of 0.35 is 75% 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 Showcase 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. Showcase's current Debt-to-Equity is 0.35, which is 56% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Showcase stock overvalued right now?
Based on GuruFocus' analysis, Showcase (TSE:3909) is currently considered Fairly Valued. The stock's GF Value™ is 円207.22, compared to a current price of 円189.00 — trading 8.8% below its estimated fair value. The current Debt-to-Equity is 0.35, which is 56% below median its 10-year median of 0.79 and 75% above the Software industry median of 0.20. Showcase's overall GF Score™ is 56/100 with 4 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 Showcase (TSE:3909), the current Debt-to-Equity is 0.35 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 Showcase (TSE:3909) Overvalued in 2026?
Based on GuruFocus' analysis, Showcase stock appears to be undervalued.
The current stock price of 円189.00 is trading 8.8% below its estimated GF Value™ of 円207.22.
GuruFocus considers Showcase to be Fairly Valued.
Key valuation signals for TSE:3909:
Debt-to-Equity: 0.35 (56% below median its 10-year median of 0.79)
GF Value™: 円207.22 vs. price of 円189.00 (8.8% below fair value)
Industry Position: 75% above the Software median (#1467 of 2245)
No single metric tells the full story. See the TSE:3909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Showcase Inc is engaged in web marketing services. Its operations are carried out through the following business segments: DX Cloud Business, Advertising and Media Business, Investment-related Business, and Information and Communications-related Business. The DX Cloud Business is engaged in the SaaS business. The Advertising and Media Business operates owned media and affiliate advertising. The Investment-related business provides SmartPitch, an online matching platform by Showcase Capital Inc., connecting startups with operating companies, VCs, and CVCs, while also supporting startup growth and fundraising for listed companies. The Information and Communications Related Business is engaged in the sale of used smartphones.
56GF Score
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