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Toa (Electric Appliances)TSE:6809 -0.39%77 Debt-to-Equity is 0.06 as of Mar. 2026, which is at its 10-year median of 0.06. GuruFocus rates TSE:6809 with a GF Score™ of 77/100 and a GF Value™ of 円1,295.24 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 952 Business Services companies, Toa (Electric Appliances) ranks better than 93.59% 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 Toa (Electric Appliances)'s Debt-to-Equity or its related term are showing as below:
TSE:6809'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.06 Max: 0.08
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Toa (Electric Appliances) was 0.08. The lowest was 0.03. And the median was 0.06.
TSE:6809's Debt-to-Equity is ranked better than 93.59% of 952
companies
in the Business Services industry
Industry Median: 0.34
vs TSE:6809: 0.02
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.
Toa (Electric Appliances) Debt-to-Equity Related Terms
Toa (Electric Appliances) 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:6809 vs ALLE, MSA, ADT: Debt-to-Equity Comparison
For the Security & Protection Services subindustry, Toa (Electric Appliances)'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.
Toa (Electric Appliances) Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Toa (Electric Appliances)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Toa (Electric Appliances)'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.
Toa (Electric Appliances) (TSE:6809) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Toa (Electric Appliances) and its competitors. This is near median its historical median of 0.06. Over the past decade, Toa (Electric Appliances)'s Debt-to-Equity has ranged from 0.03 to 0.08. According to the industry distribution chart, Toa (Electric Appliances) ranks #61 out of 952 companies in the Business Services industry, placing it in the top 6.4%.
Is Toa (Electric Appliances)'s Debt-to-Equity too high?
Toa (Electric Appliances)'s current Debt-to-Equity of 0.06 is near median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.08. The Business Services industry median Debt-to-Equity is 0.34. Toa (Electric Appliances)'s value of 0.06 is 82.4% below this industry median. Based on the distribution chart, Toa (Electric Appliances) ranks #61 out of 952 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Toa (Electric Appliances) has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa (Electric Appliances)'s Debt-to-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, Toa (Electric Appliances) ranks #61 out of 952 companies for Debt-to-Equity. This places Toa (Electric Appliances) in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.34. Toa (Electric Appliances)'s value of 0.06 is 82.4% below this benchmark. Historically, Toa (Electric Appliances)'s own Debt-to-Equity has ranged from 0.03 to 0.08 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.34, Toa (Electric Appliances) 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.34, based on 952 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. Toa (Electric Appliances)'s current Debt-to-Equity of 0.06 is 82.4% 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 Toa (Electric Appliances) and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toa (Electric Appliances)'s current Debt-to-Equity is 0.06, which is near median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa (Electric Appliances) stock overvalued right now?
Based on GuruFocus' analysis, Toa (Electric Appliances) (TSE:6809) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,295.24, compared to a current price of 円1,777.00 — trading 37.2% above its estimated fair value. The current Debt-to-Equity is 0.06, which is near median its 10-year median of 0.06 and 82.4% below the Business Services industry median of 0.34. Toa (Electric Appliances)'s overall GF Score™ is 77/100 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 Toa (Electric Appliances) (TSE:6809), the current Debt-to-Equity is 0.06 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 Toa (Electric Appliances) (TSE:6809) Overvalued in 2026?
Based on GuruFocus' analysis, Toa (Electric Appliances) stock appears to be overvalued.
The current stock price of 円1,777.00 is trading 37.2% above its estimated GF Value™ of 円1,295.24.
GuruFocus considers Toa (Electric Appliances) to be Significantly Overvalued.
Key valuation signals for TSE:6809:
Debt-to-Equity: 0.06 (near median its 10-year median of 0.06)
GF Value™: 円1,295.24 vs. price of 円1,777.00 (37.2% above fair value)
Industry Position: 82.4% below the Business Services median (#61 of 952)
No single metric tells the full story. See the TSE:6809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toa Corporation (Electric Appliances) is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, among others.
77GF Score
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