SmartDrive (TSE:5137) Debt-to-Equity: 1.45 (As of Mar. 2026) — 32% Above Median

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TSE:5137 SmartDrive inc TSE:5137
64 GF Score
Price 円299.00
GF Value 円626.37
Valuation Significantly Undervalued
! 3 Warning Signs
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What is SmartDrive Debt-to-Equity?

SmartDrive TSE:5137 -0.99% 64 Debt-to-Equity is 1.45 as of Mar. 2026, which is 32% above its 10-year median of 1.10. GuruFocus rates TSE:5137 with a GF Score™ of 64/100 and a GF Value™ of 円626.37 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,246 Software companies, SmartDrive ranks worse than 90.03% on this metric.

SmartDrive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円213 Mil. SmartDrive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,740 Mil. SmartDrive's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円1,351 Mil. SmartDrive's debt to equity for the quarter that ended in Mar. 2026 was 1.45.

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 SmartDrive's Debt-to-Equity or its related term are showing as below:

TSE:5137' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47   Med: 1.1   Max: 13.63
Current: 1.37

During the past 6 years, the highest Debt-to-Equity Ratio of SmartDrive was 13.63. The lowest was 0.47. And the median was 1.10.

TSE:5137's Debt-to-Equity is ranked worse than
90.03% of 2246 companies
in the Software industry
Industry Median: 0.2 vs TSE:5137: 1.37

SmartDrive  (TSE:5137) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


SmartDrive Debt-to-Equity Related Terms


SmartDrive Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SmartDrive'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.

SmartDrive Debt-to-Equity Chart

SmartDrive Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial 1.12 13.63 1.08 0.68 0.50

SmartDrive Quarterly Data
Sep20 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.50 0.47 1.45 1.37

TSE:5137 vs MSFT, PLTR, ORCL: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, SmartDrive'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.


SmartDrive Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, SmartDrive's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SmartDrive's Debt-to-Equity falls into.


TSE:5137
64GF Score
SmartDrive inc TSE:5137
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SmartDrive Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SmartDrive's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

SmartDrive's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.45 mean?
SmartDrive (TSE:5137) has a Debt-to-Equity of 1.45 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SmartDrive and its competitors. This is 32% above median its historical median of 1.10. Over the past decade, SmartDrive's Debt-to-Equity has ranged from 0.47 to 13.63. According to the industry distribution chart, SmartDrive ranks #2022 out of 2246 companies in the Software industry, placing it in the top 90%.
Is SmartDrive's Debt-to-Equity too high?
SmartDrive's current Debt-to-Equity of 1.45 is 32% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 13.63. The Software industry median Debt-to-Equity is 0.20. SmartDrive's value of 1.45 is 625% above this industry median. Based on the distribution chart, SmartDrive ranks #2022 out of 2246 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, SmartDrive has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SmartDrive's Debt-to-Equity compare to MSFT and PLTR?
According to the Software industry distribution chart, SmartDrive ranks #2022 out of 2246 companies for Debt-to-Equity. This places SmartDrive in the lower half of its industry. The industry median Debt-to-Equity is 0.20. SmartDrive's value of 1.45 is 625% above this benchmark. Historically, SmartDrive's own Debt-to-Equity has ranged from 0.47 to 13.63 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.20, SmartDrive 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 2,246 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. SmartDrive's current Debt-to-Equity of 1.45 is 625% 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 SmartDrive 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. SmartDrive's current Debt-to-Equity is 1.45, which is 32% above median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartDrive stock overvalued right now?
Based on GuruFocus' analysis, SmartDrive (TSE:5137) is currently considered Significantly Undervalued. The stock's GF Value™ is 円626.37, compared to a current price of 円299.00 — trading 52.3% below its estimated fair value. The current Debt-to-Equity is 1.45, which is 32% above median its 10-year median of 1.10 and 625% above the Software industry median of 0.20. SmartDrive's overall GF Score™ is 64/100 with 3 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 SmartDrive (TSE:5137), the current Debt-to-Equity is 1.45 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 SmartDrive (TSE:5137) Overvalued in 2026?

Based on GuruFocus' analysis, SmartDrive stock appears to be undervalued. The current stock price of 円299.00 is trading 52.3% below its estimated GF Value™ of 円626.37. GuruFocus considers SmartDrive to be Significantly Undervalued.

Key valuation signals for TSE:5137:

  • Debt-to-Equity: 1.45 (32% above median its 10-year median of 1.10)
  • GF Value™: 円626.37 vs. price of 円299.00 (52.3% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 625% above the Software median (#2022 of 2246)

No single metric tells the full story. See the TSE:5137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SmartDrive Business Description

Address 1-1-2 Yuraku-cho, 12th Floor, Hibiya Mitsui Tower, Chiyoda-ku, Tokyo, JPN, 100-0006
SmartDrive inc is engaged in the development and provision of hardware, applications, telematics services, etc., and data collection and analysis for the mobility sector. It is promoting mobility data, GPS data (latitude and longitude, GPS speed, GPS accuracy), acceleration, and other technologies both in Japan and overseas. The group mainly operates the following businesses: Domestic Fleet Operator (DX) for companies that utilize cars, Domestic AO (DX) in the automotive industry, and Overseas Mobility DX Business. It offers cloud-based vehicle management systems, digital transformation (DX) services for vehicle-related operations, and a mobile data platform to analyze the data obtained from various devices such as dashcams and GPS trackers, and use it for various mobility services.
64GF Score

Get the complete analysis for TSE:5137

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円299.00
Price
円626.37
GF Value