CMK (TSE:6958) Debt-to-Equity: 0.51 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6958 CMK Corp TSE:6958
74 GF Score
Price 円761.00
GF Value 円534.22
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is CMK Debt-to-Equity?

CMK TSE:6958 -0.91% 74 Debt-to-Equity is 0.51 as of Mar. 2026, which is 4% below its 10-year median of 0.53. GuruFocus rates TSE:6958 with a GF Score™ of 74/100 and a GF Value™ of 円534.22 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,232 Hardware companies, CMK ranks worse than 67.07% on this metric.

CMK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円16,892 Mil. CMK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円25,342 Mil. CMK's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円83,489 Mil. CMK's debt to equity for the quarter that ended in Mar. 2026 was 0.51.

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 CMK's Debt-to-Equity or its related term are showing as below:

TSE:6958' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.53   Max: 0.67
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of CMK was 0.67. The lowest was 0.35. And the median was 0.53.

TSE:6958's Debt-to-Equity is ranked worse than
67.07% of 2232 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:6958: 0.50

CMK  (TSE:6958) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


CMK Debt-to-Equity Related Terms


CMK Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CMK'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.

CMK Debt-to-Equity Chart

CMK Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.67 0.53 0.56 0.51

CMK Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.55 0.54 0.51 0.50

TSE:6958 vs APH, GLW, TEL: Debt-to-Equity Comparison

For the Electronic Components subindustry, CMK'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.


CMK Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, CMK's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CMK's Debt-to-Equity falls into.


TSE:6958
74GF Score
CMK Corp TSE:6958
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CMK's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

CMK's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.51 mean?
CMK (TSE:6958) has a Debt-to-Equity of 0.51 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CMK and its competitors. This is near median its historical median of 0.53. Over the past decade, CMK's Debt-to-Equity has ranged from 0.35 to 0.67. According to the industry distribution chart, CMK ranks #1497 out of 2232 companies in the Hardware industry, placing it in the top 67.1%.
Is CMK's Debt-to-Equity too high?
CMK's current Debt-to-Equity of 0.51 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.67. The Hardware industry median Debt-to-Equity is 0.28. CMK's value of 0.51 is 82.1% above this industry median. Based on the distribution chart, CMK ranks #1497 out of 2232 companies in the Hardware industry, which is below the industry midpoint. Overall, CMK has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMK's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, CMK ranks #1497 out of 2232 companies for Debt-to-Equity. This places CMK in the lower half of its industry. The industry median Debt-to-Equity is 0.28. CMK's value of 0.51 is 82.1% above this benchmark. Historically, CMK's own Debt-to-Equity has ranged from 0.35 to 0.67 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.28, CMK 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 2,232 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. CMK's current Debt-to-Equity of 0.51 is 82.1% 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 CMK 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. CMK's current Debt-to-Equity is 0.51, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMK stock overvalued right now?
Based on GuruFocus' analysis, CMK (TSE:6958) is currently considered Significantly Overvalued. The stock's GF Value™ is 円534.22, compared to a current price of 円761.00 — trading 42.5% above its estimated fair value. The current Debt-to-Equity is 0.51, which is near median its 10-year median of 0.53 and 82.1% above the Hardware industry median of 0.28. CMK's overall GF Score™ is 74/100 with 7 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 CMK (TSE:6958), the current Debt-to-Equity is 0.51 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 CMK (TSE:6958) Overvalued in 2026?

Based on GuruFocus' analysis, CMK stock appears to be overvalued. The current stock price of 円761.00 is trading 42.5% above its estimated GF Value™ of 円534.22. GuruFocus considers CMK to be Significantly Overvalued.

Key valuation signals for TSE:6958:

  • Debt-to-Equity: 0.51 (near median its 10-year median of 0.53)
  • GF Value™: 円534.22 vs. price of 円761.00 (42.5% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 82.1% above the Hardware median (#1497 of 2232)

No single metric tells the full story. See the TSE:6958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMK Business Description

Address 43F Shinjuku I-Land Tower Building, 6-5-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1388
CMK Corp engages in manufacturing, development, production, and marketing of printed circuit boards and electronic devices for a consumer and industrial use. Its product portfolio includes super fine PPBU, Craft, SEPT series, Zerowarp, CMK automotive printed wiring board, Cu inlay printed wiring board, Rigid Flex Series, ALIVH series, E-Spec environmentally friendly printed wiring boards, IVH multilayer printed wiring boards, through-hole multilayer printed wiring boards, and Double sided through-hole printed wiring boards. Its products are used in automobiles, digital cameras, video cameras, mobile communication devices, and audio-video visual equipments.
74GF Score

Get the complete analysis for TSE:6958

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円761.00
Price
円534.22
GF Value