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Shinto Paint CoTSE:4615 51 Debt-to-Equity is 0.39 as of Mar. 2026, which is 18% above its 10-year median of 0.33. GuruFocus rates TSE:4615 with a GF Score™ of 51/100 and a GF Value™ of 円130.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,419 Chemicals companies, Shinto Paint Co ranks worse than 52.43% 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 Shinto Paint Co's Debt-to-Equity or its related term are showing as below:
TSE:4615'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.33 Max: 0.46
Current: 0.39
During the past 13 years, the highest Debt-to-Equity Ratio of Shinto Paint Co was 0.46. The lowest was 0.19. And the median was 0.33.
TSE:4615's Debt-to-Equity is ranked worse than 52.43% of 1419
companies
in the Chemicals industry
Industry Median: 0.35
vs TSE:4615: 0.39
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.
Shinto Paint Co Debt-to-Equity Related Terms
Shinto Paint Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Shinto Paint 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:4615 vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Shinto Paint 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.
Shinto Paint Co Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shinto Paint Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Shinto Paint 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.
Shinto Paint Co (TSE:4615) has a Debt-to-Equity of 0.39 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Shinto Paint Co and its competitors. This is 18% above median its historical median of 0.33. Over the past decade, Shinto Paint Co's Debt-to-Equity has ranged from 0.19 to 0.46. According to the industry distribution chart, Shinto Paint Co ranks #744 out of 1419 companies in the Chemicals industry, placing it in the top 52.4%.
Is Shinto Paint Co's Debt-to-Equity too high?
Shinto Paint Co's current Debt-to-Equity of 0.39 is 18% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.46. The Chemicals industry median Debt-to-Equity is 0.35. Shinto Paint Co's value of 0.39 is 11.4% above this industry median. Based on the distribution chart, Shinto Paint Co ranks #744 out of 1419 companies in the Chemicals industry, which is below the industry midpoint. Overall, Shinto Paint Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Paint Co's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shinto Paint Co ranks #744 out of 1419 companies for Debt-to-Equity. This places Shinto Paint Co in the lower half of its industry. The industry median Debt-to-Equity is 0.35. Shinto Paint Co's value of 0.39 is 11.4% above this benchmark. Historically, Shinto Paint Co's own Debt-to-Equity has ranged from 0.19 to 0.46 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.35, Shinto Paint 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.35, based on 1,419 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. Shinto Paint Co's current Debt-to-Equity of 0.39 is 11.4% 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 Shinto Paint Co and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinto Paint Co's current Debt-to-Equity is 0.39, which is 18% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Paint Co (TSE:4615) is currently considered Fairly Valued. The stock's GF Value™ is 円130.41, compared to a current price of 円132.00 — trading 1.2% above its estimated fair value. The current Debt-to-Equity is 0.39, which is 18% above median its 10-year median of 0.33 and 11.4% above the Chemicals industry median of 0.35. Shinto Paint Co's overall GF Score™ is 51/100 with 6 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 Shinto Paint Co (TSE:4615), the current Debt-to-Equity is 0.39 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 Shinto Paint Co (TSE:4615) Overvalued in 2026?
Based on GuruFocus' analysis, Shinto Paint Co stock appears to be overvalued.
The current stock price of 円132.00 is trading 1.2% above its estimated GF Value™ of 円130.41.
GuruFocus considers Shinto Paint Co to be Fairly Valued.
Key valuation signals for TSE:4615:
Debt-to-Equity: 0.39 (18% above median its 10-year median of 0.33)
GF Value™: 円130.41 vs. price of 円132.00 (1.2% above fair value)
Industry Position: 11.4% above the Chemicals median (#744 of 1419)
No single metric tells the full story. See the TSE:4615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinto Paint Co Ltd is engaged in manufacturing, processing and selling paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan and internationally. It also provides electronic equipment, optical communication equipment, magnetic equipment, parts, components, and their materials; painting facilities, related machinery equipment, tools, devices, and materials; and civil engineering and construction materials, as well as housing materials.
51GF Score
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