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NikkatoTSE:5367 -0.16%61 Debt-to-Equity is 0.04 as of Mar. 2026, which is 43% below its 10-year median of 0.07. GuruFocus rates TSE:5367 with a GF Score™ of 61/100 and a GF Value™ of 円636.32 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,689 Industrial Products companies, Nikkato ranks better than 89.29% 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 Nikkato's Debt-to-Equity or its related term are showing as below:
TSE:5367'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.17
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Nikkato was 0.17. The lowest was 0.04. And the median was 0.07.
TSE:5367's Debt-to-Equity is ranked better than 89.29% of 2689
companies
in the Industrial Products industry
Industry Median: 0.29
vs TSE:5367: 0.03
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.
Nikkato Debt-to-Equity Related Terms
Nikkato Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nikkato'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:5367 vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, Nikkato'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.
Nikkato Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nikkato's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nikkato'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.
Nikkato (TSE:5367) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nikkato and its competitors. This is 43% below median its historical median of 0.07. Over the past decade, Nikkato's Debt-to-Equity has ranged from 0.04 to 0.17. According to the industry distribution chart, Nikkato ranks #288 out of 2689 companies in the Industrial Products industry, placing it in the top 10.7%.
Is Nikkato's Debt-to-Equity too high?
Nikkato's current Debt-to-Equity of 0.04 is 43% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.17. The Industrial Products industry median Debt-to-Equity is 0.29. Nikkato's value of 0.04 is 86.2% below this industry median. Based on the distribution chart, Nikkato ranks #288 out of 2689 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nikkato has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkato's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nikkato ranks #288 out of 2689 companies for Debt-to-Equity. This places Nikkato in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Nikkato's value of 0.04 is 86.2% below this benchmark. Historically, Nikkato's own Debt-to-Equity has ranged from 0.04 to 0.17 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.29, Nikkato 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,689 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. Nikkato's current Debt-to-Equity of 0.04 is 86.2% 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 Nikkato and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikkato's current Debt-to-Equity is 0.04, which is 43% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkato stock overvalued right now?
Based on GuruFocus' analysis, Nikkato (TSE:5367) is currently considered Significantly Overvalued. The stock's GF Value™ is 円636.32, compared to a current price of 円1,217.00 — trading 91.3% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 43% below median its 10-year median of 0.07 and 86.2% below the Industrial Products industry median of 0.29. Nikkato's overall GF Score™ is 61/100 with 1 warning sign 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 Nikkato (TSE:5367), the current Debt-to-Equity is 0.04 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 Nikkato (TSE:5367) Overvalued in 2026?
Based on GuruFocus' analysis, Nikkato stock appears to be overvalued.
The current stock price of 円1,217.00 is trading 91.3% above its estimated GF Value™ of 円636.32.
GuruFocus considers Nikkato to be Significantly Overvalued.
Key valuation signals for TSE:5367:
Debt-to-Equity: 0.04 (43% below median its 10-year median of 0.07)
GF Value™: 円636.32 vs. price of 円1,217.00 (91.3% above fair value)
Industry Position: 86.2% below the Industrial Products median (#288 of 2689)
No single metric tells the full story. See the TSE:5367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikkato Corp engages in the manufacture and sale of ceramics for industrial and laboratory use; measurement and control equipment; and various kinds of electric furnaces. The Ceramics products include functional ceramics, including thermal heating elements, oxygen sensors and ceramics filters; abrasion-resistant ceramics, including ball mills and crushing balls and components; heat-resistant ceramics, core tubes, transportation rollers and heat-treatment equipment and instruments; as well as physical and chemical ceramics, including evaporating dishes, crucibles and ceramics for experimental purposes. The firm also purchases and sells heating systems, including electric furnaces, vacuum furnaces and thermal treatment equipment; measuring systems, as well as measurement controllers.
61GF Score
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