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Di Nikko Engineering CoTSE:6635 -0.45%60 Debt-to-Equity is 1.12 as of Jun. 2026, which is 55% below its 10-year median of 2.49. GuruFocus rates TSE:6635 with a GF Score™ of 60/100 and a GF Value™ of 円531.96 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,230 Hardware companies, Di Nikko Engineering Co ranks worse than 90.04% 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 Di Nikko Engineering Co's Debt-to-Equity or its related term are showing as below:
TSE:6635'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.37 Med: 2.49 Max: 4.12
Current: 1.37
During the past 13 years, the highest Debt-to-Equity Ratio of Di Nikko Engineering Co was 4.12. The lowest was 1.37. And the median was 2.49.
TSE:6635's Debt-to-Equity is ranked worse than 90.04% of 2230
companies
in the Hardware industry
Industry Median: 0.28
vs TSE:6635: 1.37
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.
Di Nikko Engineering Co Debt-to-Equity Related Terms
Di Nikko Engineering Co Debt-to-Equity Historical Data
* 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:6635 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Di Nikko Engineering 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.
Di Nikko Engineering Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Di Nikko Engineering Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Di Nikko Engineering 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.
Di Nikko Engineering Co (TSE:6635) has a Debt-to-Equity of 1.12 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Di Nikko Engineering Co and its competitors. This is 55% below median its historical median of 2.49. Over the past decade, Di Nikko Engineering Co's Debt-to-Equity has ranged from 1.37 to 4.12. According to the industry distribution chart, Di Nikko Engineering Co ranks #2008 out of 2230 companies in the Hardware industry, placing it in the top 90%.
Is Di Nikko Engineering Co's Debt-to-Equity too high?
Di Nikko Engineering Co's current Debt-to-Equity of 1.12 is 55% below median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.12. The Hardware industry median Debt-to-Equity is 0.28. Di Nikko Engineering Co's value of 1.12 is 300% above this industry median. Based on the distribution chart, Di Nikko Engineering Co ranks #2008 out of 2230 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Di Nikko Engineering Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Di Nikko Engineering Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Di Nikko Engineering Co ranks #2008 out of 2230 companies for Debt-to-Equity. This places Di Nikko Engineering Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Di Nikko Engineering Co's value of 1.12 is 300% above this benchmark. Historically, Di Nikko Engineering Co's own Debt-to-Equity has ranged from 1.37 to 4.12 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 0.28, Di Nikko Engineering 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 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. Di Nikko Engineering Co's current Debt-to-Equity of 1.12 is 300% 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 Di Nikko Engineering Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Di Nikko Engineering Co's current Debt-to-Equity is 1.12, which is 55% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Di Nikko Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Di Nikko Engineering Co (TSE:6635) is currently considered Modestly Overvalued. The stock's GF Value™ is 円531.96, compared to a current price of 円671.00 — trading 26.1% above its estimated fair value. The current Debt-to-Equity is 1.12, which is 55% below median its 10-year median of 2.49 and 300% above the Hardware industry median of 0.28. Di Nikko Engineering Co's overall GF Score™ is 60/100 with 5 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 Di Nikko Engineering Co (TSE:6635), the current Debt-to-Equity is 1.12 as of Jun. 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 Di Nikko Engineering Co (TSE:6635) Overvalued in 2026?
Based on GuruFocus' analysis, Di Nikko Engineering Co stock appears to be overvalued.
The current stock price of 円671.00 is trading 26.1% above its estimated GF Value™ of 円531.96.
GuruFocus considers Di Nikko Engineering Co to be Modestly Overvalued.
Key valuation signals for TSE:6635:
Debt-to-Equity: 1.12 (55% below median its 10-year median of 2.49)
GF Value™: 円531.96 vs. price of 円671.00 (26.1% above fair value)
Industry Position: 300% above the Hardware median (#2008 of 2230)
No single metric tells the full story. See the TSE:6635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Di Nikko Engineering Co Ltd engages in the design, test, manufacture, distribution, and return/repair of electronic components and assemblies for original equipment manufacturers in Japan. Its services include the design to production of the circuit implementation of an electronic board used for an electronics product, an OA apparatus, optical goods, and communications equipment. Geographically company manages in two segments Japan and Asia.
60GF Score
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