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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 Okaya Electric Industries Co's Debt-to-Equity or its related term are showing as below:
TSE:6926'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.55 Max: 0.76
Current: 0.74
During the past 13 years, the highest Debt-to-Equity Ratio of Okaya Electric Industries Co was 0.76. The lowest was 0.18. And the median was 0.55.
TSE:6926's Debt-to-Equity is ranked worse than 78.03% of 2230
companies
in the Hardware industry
Industry Median: 0.28
vs TSE:6926: 0.74
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.
Okaya Electric Industries Co Debt-to-Equity Related Terms
Okaya Electric Industries 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:6926 vs APH, GLW, TEL: Debt-to-Equity Comparison
For the Electronic Components subindustry, Okaya Electric Industries 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.
Okaya Electric Industries Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Okaya Electric Industries Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Okaya Electric Industries 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.
Okaya Electric Industries Co (TSE:6926) has a Debt-to-Equity of 0.76 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Okaya Electric Industries Co and its competitors. This is 38% above median its historical median of 0.55. Over the past decade, Okaya Electric Industries Co's Debt-to-Equity has ranged from 0.18 to 0.76. According to the industry distribution chart, Okaya Electric Industries Co ranks #1740 out of 2230 companies in the Hardware industry, placing it in the top 78%.
Is Okaya Electric Industries Co's Debt-to-Equity too high?
Okaya Electric Industries Co's current Debt-to-Equity of 0.76 is 38% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.76. The Hardware industry median Debt-to-Equity is 0.28. Okaya Electric Industries Co's value of 0.76 is 171.4% above this industry median. Based on the distribution chart, Okaya Electric Industries Co ranks #1740 out of 2230 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Okaya Electric Industries Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Okaya Electric Industries Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Okaya Electric Industries Co ranks #1740 out of 2230 companies for Debt-to-Equity. This places Okaya Electric Industries Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Okaya Electric Industries Co's value of 0.76 is 171.4% above this benchmark. Historically, Okaya Electric Industries Co's own Debt-to-Equity has ranged from 0.18 to 0.76 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.28, Okaya Electric Industries 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. Okaya Electric Industries Co's current Debt-to-Equity of 0.76 is 171.4% 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 Okaya Electric Industries 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. Okaya Electric Industries Co's current Debt-to-Equity is 0.76, which is 38% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okaya Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okaya Electric Industries Co (TSE:6926) is currently considered Fairly Valued. The stock's GF Value™ is 円182.25, compared to a current price of 円192.00 — trading 5.3% above its estimated fair value. The current Debt-to-Equity is 0.76, which is 38% above median its 10-year median of 0.55 and 171.4% above the Hardware industry median of 0.28. Okaya Electric Industries Co's overall GF Score™ is 49/100 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 Okaya Electric Industries Co (TSE:6926), the current Debt-to-Equity is 0.76 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 Okaya Electric Industries Co (TSE:6926) Overvalued in 2026?
Based on GuruFocus' analysis, Okaya Electric Industries Co stock appears to be overvalued.
The current stock price of 円192.00 is trading 5.3% above its estimated GF Value™ of 円182.25.
GuruFocus considers Okaya Electric Industries Co to be Fairly Valued.
Key valuation signals for TSE:6926:
Debt-to-Equity: 0.76 (38% above median its 10-year median of 0.55)
GF Value™: 円182.25 vs. price of 円192.00 (5.3% above fair value)
Industry Position: 171.4% above the Hardware median (#1740 of 2230)
No single metric tells the full story. See the TSE:6926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okaya Electric Industries Co Ltd engages in the design, manufacture, and sale of electric components and equipment. Its product category includes: Noise-related Products, Surge-related Products, LED related Products, Sensor-related Products. Noise-related Products includes noise suppression capacitors, high pulse & snubber capacitors, spark quenchers, noise filters, and coil filters. Surge-related Products include surge absorbers. LED related Products covers LED lighting devices, LED indicators, and field sequential multi-color liquid crystal display (LCD) module. The Sensor-related Products consist light emitting diode (LED) sensors. The Other Noise products segment provides coil filters.
49GF Score
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