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Maruyama MFG CoTSE:6316 -1.87%69 Debt-to-Equity is 0.59 as of Mar. 2026, which is 64% above its 10-year median of 0.36. GuruFocus rates TSE:6316 with a GF Score™ of 69/100 and a GF Value™ of 円2,561.20 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 191 Farm & Heavy Construction Machinery companies, Maruyama MFG Co ranks worse than 65.45% 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 Maruyama MFG Co's Debt-to-Equity or its related term are showing as below:
TSE:6316'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.36 Max: 0.64
Current: 0.56
During the past 13 years, the highest Debt-to-Equity Ratio of Maruyama MFG Co was 0.64. The lowest was 0.16. And the median was 0.36.
TSE:6316's Debt-to-Equity is ranked worse than 65.45% of 191
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.36
vs TSE:6316: 0.56
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.
Maruyama MFG Co Debt-to-Equity Related Terms
Maruyama MFG Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Maruyama MFG 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:6316 vs CAT, DE, PCAR: Debt-to-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Maruyama MFG 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.
Maruyama MFG Co Debt-to-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Maruyama MFG Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Maruyama MFG 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.
Maruyama MFG Co (TSE:6316) has a Debt-to-Equity of 0.59 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maruyama MFG Co and its competitors. This is 64% above median its historical median of 0.36. Over the past decade, Maruyama MFG Co's Debt-to-Equity has ranged from 0.16 to 0.64. According to the industry distribution chart, Maruyama MFG Co ranks #125 out of 191 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 65.4%.
Is Maruyama MFG Co's Debt-to-Equity too high?
Maruyama MFG Co's current Debt-to-Equity of 0.59 is 64% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.64. The Farm & Heavy Construction Machinery industry median Debt-to-Equity is 0.36. Maruyama MFG Co's value of 0.59 is 63.9% above this industry median. Based on the distribution chart, Maruyama MFG Co ranks #125 out of 191 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Maruyama MFG Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruyama MFG Co's Debt-to-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Maruyama MFG Co ranks #125 out of 191 companies for Debt-to-Equity. This places Maruyama MFG Co in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Maruyama MFG Co's value of 0.59 is 63.9% above this benchmark. Historically, Maruyama MFG Co's own Debt-to-Equity has ranged from 0.16 to 0.64 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.36, Maruyama MFG Co 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 Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 191 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. Maruyama MFG Co's current Debt-to-Equity of 0.59 is 63.9% 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 Maruyama MFG Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruyama MFG Co's current Debt-to-Equity is 0.59, which is 64% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruyama MFG Co stock overvalued right now?
Based on GuruFocus' analysis, Maruyama MFG Co (TSE:6316) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,561.20, compared to a current price of 円2,944.00 — trading 14.9% above its estimated fair value. The current Debt-to-Equity is 0.59, which is 64% above median its 10-year median of 0.36 and 63.9% above the Farm & Heavy Construction Machinery industry median of 0.36. Maruyama MFG Co's overall GF Score™ is 69/100 with 4 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 Maruyama MFG Co (TSE:6316), the current Debt-to-Equity is 0.59 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 Maruyama MFG Co (TSE:6316) Overvalued in 2026?
Based on GuruFocus' analysis, Maruyama MFG Co stock appears to be overvalued.
The current stock price of 円2,944.00 is trading 14.9% above its estimated GF Value™ of 円2,561.20.
GuruFocus considers Maruyama MFG Co to be Modestly Overvalued.
Key valuation signals for TSE:6316:
Debt-to-Equity: 0.59 (64% above median its 10-year median of 0.36)
GF Value™: 円2,561.20 vs. price of 円2,944.00 (14.9% above fair value)
Industry Position: 63.9% above the Farm & Heavy Construction Machinery median (#125 of 191)
No single metric tells the full story. See the TSE:6316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruyama MFG Co Inc is a Japan-based company engaged in the manufacture and sale of agricultural machines and environmental sanitation machines. It also manufactures and sells firefighting equipment, industrial pumps, cleaning equipment, construction machinery, engines, cars and other vehicles used for agriculture. In addition, the group is also involved in the contracted design, construction of plumbing and fire-prevention equipment real estate and leasing business. The group conducts its business operations in Japan and internationally.
69GF Score
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