YAMAX (TSE:5285) Debt-to-Equity: 0.17 (As of Mar. 2026) — 58% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:5285 YAMAX Corp TSE:5285
72 GF Score
Price 円1,366.00
GF Value 円1,806.41
Valuation Modestly Undervalued
View Full Analysis

What is YAMAX Debt-to-Equity?

YAMAX TSE:5285 +1.11% 72 Debt-to-Equity is 0.17 as of Mar. 2026, which is 58% below its 10-year median of 0.40. GuruFocus rates TSE:5285 with a GF Score™ of 72/100 and a GF Value™ of 円1,806.41 (Modestly Undervalued). Among 377 Building Materials companies, YAMAX ranks better than 67.37% on this metric.

YAMAX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円1,340 Mil. YAMAX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円430 Mil. YAMAX's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円10,163 Mil. YAMAX's debt to equity for the quarter that ended in Mar. 2026 was 0.17.

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

TSE:5285' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.4   Max: 1.03
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of YAMAX was 1.03. The lowest was 0.17. And the median was 0.40.

TSE:5285's Debt-to-Equity is ranked better than
67.37% of 377 companies
in the Building Materials industry
Industry Median: 0.35 vs TSE:5285: 0.18

YAMAX  (TSE:5285) 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.


YAMAX Debt-to-Equity Related Terms


YAMAX Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for YAMAX'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.

YAMAX Debt-to-Equity Chart

YAMAX Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.38 0.31 0.22 0.17

YAMAX Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only 0.21 0.21 0.20 0.17 0.18

TSE:5285 vs CRH, MLM, VMC: Debt-to-Equity Comparison

For the Building Materials subindustry, YAMAX'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.


YAMAX Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, YAMAX's Debt-to-Equity distribution charts can be found below:

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


TSE:5285
72GF Score
YAMAX Corp TSE:5285
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

YAMAX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YAMAX's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

YAMAX'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 0.17 mean?
YAMAX (TSE:5285) has a Debt-to-Equity of 0.17 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on YAMAX and its competitors. This is 58% below median its historical median of 0.40. Over the past decade, YAMAX's Debt-to-Equity has ranged from 0.17 to 1.03. According to the industry distribution chart, YAMAX ranks #123 out of 377 companies in the Building Materials industry, placing it in the top 32.6%.
Is YAMAX's Debt-to-Equity too high?
YAMAX's current Debt-to-Equity of 0.17 is 58% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.03. The Building Materials industry median Debt-to-Equity is 0.35. YAMAX's value of 0.17 is 51.4% below this industry median. Based on the distribution chart, YAMAX ranks #123 out of 377 companies in the Building Materials industry, which is above the industry midpoint. Overall, YAMAX has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAMAX's Debt-to-Equity compare to CRH and MLM?
According to the Building Materials industry distribution chart, YAMAX ranks #123 out of 377 companies for Debt-to-Equity. This puts YAMAX in the upper half of its industry. The industry median Debt-to-Equity is 0.35. YAMAX's value of 0.17 is 51.4% below this benchmark. Historically, YAMAX's own Debt-to-Equity has ranged from 0.17 to 1.03 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.35, YAMAX 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.35, based on 377 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. YAMAX's current Debt-to-Equity of 0.17 is 51.4% 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 YAMAX and its competitors. For the Building Materials 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. YAMAX's current Debt-to-Equity is 0.17, which is 58% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAMAX stock overvalued right now?
Based on GuruFocus' analysis, YAMAX (TSE:5285) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,806.41, compared to a current price of 円1,366.00 — trading 24.4% below its estimated fair value. The current Debt-to-Equity is 0.17, which is 58% below median its 10-year median of 0.40 and 51.4% below the Building Materials industry median of 0.35. YAMAX's overall GF Score™ is 72/100. 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 YAMAX (TSE:5285), the current Debt-to-Equity is 0.17 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 YAMAX (TSE:5285) Overvalued in 2026?

Based on GuruFocus' analysis, YAMAX stock appears to be undervalued. The current stock price of 円1,366.00 is trading 24.4% below its estimated GF Value™ of 円1,806.41. GuruFocus considers YAMAX to be Modestly Undervalued.

Key valuation signals for TSE:5285:

  • Debt-to-Equity: 0.17 (58% below median its 10-year median of 0.40)
  • GF Value™: 円1,806.41 vs. price of 円1,366.00 (24.4% below fair value)
  • GF Score™: 72/100
  • Industry Position: 51.4% below the Building Materials median (#123 of 377)

No single metric tells the full story. See the TSE:5285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YAMAX Business Description

Address 3-9-5 Suizenji, Chuo-ku, Kumamoto Prefecture, Kumamoto, JPN
YAMAX Corp is engaged in the civil engineering cement and architectural concrete products. The company involves in the manufacture and sale of secondary concrete products for civil engineering, and sale and construction of associated products and materials. The company is also engaged in real estate-related businesses such as construction and sales of wooden houses, sales of real estate and development of housing sites.
72GF Score

Get the complete analysis for TSE:5285

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

円1,366.00
Price
円1,806.41
GF Value