Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Vario Secure's Debt-to-Equity or its related term are showing as below:
TSE:4494'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.42 Max: 1.62
Current: 0.16
During the past 9 years, the highest Debt-to-Equity Ratio of Vario Secure was 1.62. The lowest was 0.16. And the median was 0.42.
TSE:4494's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2
vs TSE:4494: 0.16
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.
Vario Secure Debt-to-Equity Related Terms
Vario Secure Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Vario Secure'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:4494 vs MSFT, ORCL, PLTR: Debt-to-Equity Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Vario Secure's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Vario Secure'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.
Vario Secure (TSE:4494) has a Debt-to-Equity of 0.17 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vario Secure and its competitors. This is 60% below median its historical median of 0.42. Over the past decade, Vario Secure's Debt-to-Equity has ranged from 0.16 to 1.62.
Is Vario Secure's Debt-to-Equity too high?
Vario Secure's current Debt-to-Equity of 0.17 is 60% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.62. The Software industry median Debt-to-Equity is 0.20. Vario Secure's value of 0.17 is 15% below this industry median. Overall, Vario Secure has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's Debt-to-Equity compare to MSFT and ORCL?
Vario Secure's Debt-to-Equity of 0.17 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.20. Vario Secure's value of 0.17 is 15% below this benchmark. Historically, Vario Secure's own Debt-to-Equity has ranged from 0.16 to 1.62 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.20, Vario Secure 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 2,246 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. Vario Secure's current Debt-to-Equity of 0.17 is 15% 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 Vario Secure 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. Vario Secure's current Debt-to-Equity is 0.17, which is 60% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Vario Secure (TSE:4494) has a current Debt-to-Equity of 0.17. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current Debt-to-Equity is 0.17, which is 60% below median its 10-year median of 0.42 and 15% below the Software industry median of 0.20. Vario Secure's overall GF Score™ is 50/100 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 Vario Secure (TSE:4494), the current Debt-to-Equity is 0.17 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
Key valuation signals for TSE:4494:
Debt-to-Equity: 0.17 (60% below median its 10-year median of 0.42)
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
50GF Score
Get the complete analysis for TSE:4494
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4494 has been successfully added to your 
