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Novac CoTSE:5079 -0.23%56 Debt-to-Equity is 0.23 as of Apr. 2026, which is 283% above its 10-year median of 0.06. GuruFocus rates TSE:5079 with a GF Score™ of 56/100 and a GF Value™ of 円3,194.46 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,614 Construction companies, Novac Co ranks better than 64.87% 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 Novac Co's Debt-to-Equity or its related term are showing as below:
TSE:5079'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.29
Current: 0.23
During the past 7 years, the highest Debt-to-Equity Ratio of Novac Co was 0.29. The lowest was 0.00. And the median was 0.06.
TSE:5079's Debt-to-Equity is ranked better than 64.87% of 1614
companies
in the Construction industry
Industry Median: 0.4
vs TSE:5079: 0.23
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.
Novac Co Debt-to-Equity Related Terms
Novac Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Novac 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:5079 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Novac 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.
Novac Co Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Novac Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Novac 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.
Novac Co (TSE:5079) has a Debt-to-Equity of 0.23 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Novac Co and its competitors. This is 283% above median its historical median of 0.06. According to the industry distribution chart, Novac Co ranks #567 out of 1614 companies in the Construction industry, placing it in the top 35.1%.
Is Novac Co's Debt-to-Equity too high?
Novac Co's current Debt-to-Equity of 0.23 is 283% above median its 10-year median of 0.06. The Construction industry median Debt-to-Equity is 0.40. Novac Co's value of 0.23 is 42.5% below this industry median. Based on the distribution chart, Novac Co ranks #567 out of 1614 companies in the Construction industry, which is above the industry midpoint. Overall, Novac Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novac Co's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Novac Co ranks #567 out of 1614 companies for Debt-to-Equity. This puts Novac Co in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Novac Co's value of 0.23 is 42.5% below this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.40, Novac Co 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,614 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. Novac Co's current Debt-to-Equity of 0.23 is 42.5% 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 Novac Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novac Co's current Debt-to-Equity is 0.23, which is 283% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novac Co stock overvalued right now?
Based on GuruFocus' analysis, Novac Co (TSE:5079) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,194.46, compared to a current price of 円2,603.00 — trading 18.5% below its estimated fair value. The current Debt-to-Equity is 0.23, which is 283% above median its 10-year median of 0.06 and 42.5% below the Construction industry median of 0.40. Novac Co's overall GF Score™ is 56/100 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 Novac Co (TSE:5079), the current Debt-to-Equity is 0.23 as of Apr. 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 Novac Co (TSE:5079) Overvalued in 2026?
Based on GuruFocus' analysis, Novac Co stock appears to be undervalued.
The current stock price of 円2,603.00 is trading 18.5% below its estimated GF Value™ of 円3,194.46.
GuruFocus considers Novac Co to be Modestly Undervalued.
Key valuation signals for TSE:5079:
Debt-to-Equity: 0.23 (283% above median its 10-year median of 0.06)
GF Value™: 円3,194.46 vs. price of 円2,603.00 (18.5% below fair value)
Industry Position: 42.5% below the Construction median (#567 of 1614)
No single metric tells the full story. See the TSE:5079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novac Co Ltd is engaged in civil engineering, building construction, and other related activities. Its reportable segments are the civil engineering business and the construction works business. Maximum revenue is generated from the construction works business, which mainly carries out construction works based on orders received for apartment buildings, schools, welfare facilities, government buildings, offices, and highway service areas. The civil engineering business mainly carries out social infrastructure construction works (road construction, river construction, water supply and sewerage construction, land development construction) ordered by public agencies.
56GF Score
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