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DKK-TOATSE:6848 74 Debt-to-Equity is 0.04 as of Mar. 2026, which is 33% above its 10-year median of 0.03. GuruFocus rates TSE:6848 with a GF Score™ of 74/100 and a GF Value™ of 円872.39 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,232 Hardware companies, DKK-TOA ranks better than 85.93% 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 DKK-TOA's Debt-to-Equity or its related term are showing as below:
TSE:6848'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.06
Current: 0.04
During the past 13 years, the highest Debt-to-Equity Ratio of DKK-TOA was 0.06. The lowest was 0.02. And the median was 0.03.
TSE:6848's Debt-to-Equity is ranked better than 85.93% of 2232
companies
in the Hardware industry
Industry Median: 0.28
vs TSE:6848: 0.04
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.
DKK-TOA Debt-to-Equity Related Terms
DKK-TOA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for DKK-TOA'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:6848 vs GRMN, COHR, KEYS: Debt-to-Equity Comparison
For the Scientific & Technical Instruments subindustry, DKK-TOA'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.
DKK-TOA Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, DKK-TOA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DKK-TOA'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.
DKK-TOA (TSE:6848) 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 DKK-TOA and its competitors. This is 33% above median its historical median of 0.03. Over the past decade, DKK-TOA's Debt-to-Equity has ranged from 0.02 to 0.06. According to the industry distribution chart, DKK-TOA ranks #314 out of 2232 companies in the Hardware industry, placing it in the top 14.1%.
Is DKK-TOA's Debt-to-Equity too high?
DKK-TOA's current Debt-to-Equity of 0.04 is 33% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.06. The Hardware industry median Debt-to-Equity is 0.28. DKK-TOA's value of 0.04 is 85.7% below this industry median. Based on the distribution chart, DKK-TOA ranks #314 out of 2232 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, DKK-TOA has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DKK-TOA's Debt-to-Equity compare to GRMN and COHR?
According to the Hardware industry distribution chart, DKK-TOA ranks #314 out of 2232 companies for Debt-to-Equity. This places DKK-TOA in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. DKK-TOA's value of 0.04 is 85.7% below this benchmark. Historically, DKK-TOA's own Debt-to-Equity has ranged from 0.02 to 0.06 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.28, DKK-TOA 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,232 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. DKK-TOA's current Debt-to-Equity of 0.04 is 85.7% 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 DKK-TOA 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. DKK-TOA's current Debt-to-Equity is 0.04, which is 33% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DKK-TOA stock overvalued right now?
Based on GuruFocus' analysis, DKK-TOA (TSE:6848) is currently considered Fairly Valued. The stock's GF Value™ is 円872.39, compared to a current price of 円865.00 — trading 0.8% below its estimated fair value. The current Debt-to-Equity is 0.04, which is 33% above median its 10-year median of 0.03 and 85.7% below the Hardware industry median of 0.28. DKK-TOA's overall GF Score™ is 74/100 with 8 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 DKK-TOA (TSE:6848), 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 DKK-TOA (TSE:6848) Overvalued in 2026?
Based on GuruFocus' analysis, DKK-TOA stock appears to be undervalued.
The current stock price of 円865.00 is trading 0.8% below its estimated GF Value™ of 円872.39.
GuruFocus considers DKK-TOA to be Fairly Valued.
Key valuation signals for TSE:6848:
Debt-to-Equity: 0.04 (33% above median its 10-year median of 0.03)
GF Value™: 円872.39 vs. price of 円865.00 (0.8% below fair value)
Industry Position: 85.7% below the Hardware median (#314 of 2232)
No single metric tells the full story. See the TSE:6848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DKK-TOA Corp engages in the manufacture and sale of analytical and various measuring instruments. It also manufactures and sells toxic and deleterious agents and reagents, and accepts contracts for instrumentation, electrical and telecommunications works. The company offers analytical instruments, such as laboratory analyzers, portable and handheld analyzers, and EOL products; and industrial, environmental, medical, and other measuring and analytical instruments. It also provides process analyzers; analyzers for water and waste water treatment, boiler water applications, and oil refineries; water quality analyzers/systems and ambient air/emission gas analyzers; and pH measurement and oxidation-reduction potential measurement products.
74GF Score
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