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HOKUETSU METAL CoTSE:5446 +0.65%60 Debt-to-Equity is 0.12 as of Mar. 2026, which is 14% below its 10-year median of 0.14. GuruFocus rates TSE:5446 with a GF Score™ of 60/100 and a GF Value™ of 円1,025.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 547 Steel companies, HOKUETSU METAL Co ranks better than 79.71% 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 HOKUETSU METAL Co's Debt-to-Equity or its related term are showing as below:
TSE:5446'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.14 Max: 0.25
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of HOKUETSU METAL Co was 0.25. The lowest was 0.00. And the median was 0.14.
TSE:5446's Debt-to-Equity is ranked better than 79.71% of 547
companies
in the Steel industry
Industry Median: 0.4
vs TSE:5446: 0.13
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.
HOKUETSU METAL Co Debt-to-Equity Related Terms
HOKUETSU METAL Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for HOKUETSU METAL 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:5446 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, HOKUETSU METAL 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.
HOKUETSU METAL Co Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, HOKUETSU METAL Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where HOKUETSU METAL 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.
HOKUETSU METAL Co (TSE:5446) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HOKUETSU METAL Co and its competitors. This is 14% below median its historical median of 0.14. According to the industry distribution chart, HOKUETSU METAL Co ranks #111 out of 547 companies in the Steel industry, placing it in the top 20.3%.
Is HOKUETSU METAL Co's Debt-to-Equity too high?
HOKUETSU METAL Co's current Debt-to-Equity of 0.12 is 14% below median its 10-year median of 0.14. The Steel industry median Debt-to-Equity is 0.40. HOKUETSU METAL Co's value of 0.12 is 70% below this industry median. Based on the distribution chart, HOKUETSU METAL Co ranks #111 out of 547 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, HOKUETSU METAL Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, HOKUETSU METAL Co ranks #111 out of 547 companies for Debt-to-Equity. This places HOKUETSU METAL Co in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. HOKUETSU METAL Co's value of 0.12 is 70% below this benchmark. While the company's 10-year median is 0.14 vs. the industry median of 0.40, HOKUETSU METAL 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 547 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. HOKUETSU METAL Co's current Debt-to-Equity of 0.12 is 70% 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 HOKUETSU METAL Co and its competitors. For the Steel 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. HOKUETSU METAL Co's current Debt-to-Equity is 0.12, which is 14% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,025.81, compared to a current price of 円1,092.00 — trading 6.5% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 14% below median its 10-year median of 0.14 and 70% below the Steel industry median of 0.40. HOKUETSU METAL Co's overall GF Score™ is 60/100 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 HOKUETSU METAL Co (TSE:5446), the current Debt-to-Equity is 0.12 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?
Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued.
The current stock price of 円1,092.00 is trading 6.5% above its estimated GF Value™ of 円1,025.81.
GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.
Key valuation signals for TSE:5446:
Debt-to-Equity: 0.12 (14% below median its 10-year median of 0.14)
GF Value™: 円1,025.81 vs. price of 円1,092.00 (6.5% above fair value)
Industry Position: 70% below the Steel median (#111 of 547)
No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
60GF Score
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