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Eltes CoTSE:3967 -2.13%64 Debt-to-Equity is 2.01 as of Feb. 2026, which is 247% above its 10-year median of 0.58. GuruFocus rates TSE:3967 with a GF Score™ of 64/100 and a GF Value™ of 円996.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,241 Software companies, Eltes Co ranks worse than 92.1% 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 Eltes Co's Debt-to-Equity or its related term are showing as below:
TSE:3967'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.58 Max: 2.29
Current: 1.7
During the past 12 years, the highest Debt-to-Equity Ratio of Eltes Co was 2.29. The lowest was 0.01. And the median was 0.58.
TSE:3967's Debt-to-Equity is ranked worse than 92.1% of 2241
companies
in the Software industry
Industry Median: 0.21
vs TSE:3967: 1.70
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.
Eltes Co Debt-to-Equity Related Terms
Eltes Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Eltes 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:3967 vs CRM, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Eltes 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.
Eltes Co Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Eltes Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Eltes 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.
Eltes Co (TSE:3967) has a Debt-to-Equity of 2.01 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eltes Co and its competitors. This is 247% above median its historical median of 0.58. Over the past decade, Eltes Co's Debt-to-Equity has ranged from 0.01 to 2.29. According to the industry distribution chart, Eltes Co ranks #2064 out of 2241 companies in the Software industry, placing it in the top 92.1%.
Is Eltes Co's Debt-to-Equity too high?
Eltes Co's current Debt-to-Equity of 2.01 is 247% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.29. The Software industry median Debt-to-Equity is 0.21. Eltes Co's value of 2.01 is 857.1% above this industry median. Based on the distribution chart, Eltes Co ranks #2064 out of 2241 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Eltes Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Eltes Co ranks #2064 out of 2241 companies for Debt-to-Equity. This places Eltes Co in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Eltes Co's value of 2.01 is 857.1% above this benchmark. Historically, Eltes Co's own Debt-to-Equity has ranged from 0.01 to 2.29 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.21, Eltes Co 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 0.21, based on 2,241 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. Eltes Co's current Debt-to-Equity of 2.01 is 857.1% 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 Eltes Co and its competitors. For the Software industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltes Co's current Debt-to-Equity is 2.01, which is 247% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円996.22, compared to a current price of 円551.00 — trading 44.7% below its estimated fair value. The current Debt-to-Equity is 2.01, which is 247% above median its 10-year median of 0.58 and 857.1% above the Software industry median of 0.21. Eltes Co's overall GF Score™ is 64/100 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 Eltes Co (TSE:3967), the current Debt-to-Equity is 2.01 as of Feb. 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 Eltes Co (TSE:3967) Overvalued in 2026?
Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued.
The current stock price of 円551.00 is trading 44.7% below its estimated GF Value™ of 円996.22.
GuruFocus considers Eltes Co to be Possible Value Trap.
Key valuation signals for TSE:3967:
Debt-to-Equity: 2.01 (247% above median its 10-year median of 0.58)
GF Value™: 円996.22 vs. price of 円551.00 (44.7% below fair value)
Industry Position: 857.1% above the Software median (#2064 of 2241)
No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
64GF Score
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