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Daiko XtechTSE:8023 -1.34%71 Debt-to-Equity is 0.15 as of Mar. 2026, which is 63% below its 10-year median of 0.40. GuruFocus rates TSE:8023 with a GF Score™ of 71/100 and a GF Value™ of 円946.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,232 Hardware companies, Daiko Xtech ranks better than 68.82% 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 Daiko Xtech's Debt-to-Equity or its related term are showing as below:
TSE:8023'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.4 Max: 1.11
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of Daiko Xtech was 1.11. The lowest was 0.15. And the median was 0.40.
TSE:8023's Debt-to-Equity is ranked better than 68.82% of 2232
companies
in the Hardware industry
Industry Median: 0.28
vs TSE:8023: 0.13
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.
Daiko Xtech Debt-to-Equity Related Terms
Daiko Xtech Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Daiko Xtech'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:8023 vs SNX, ARW, AVT: Debt-to-Equity Comparison
For the Electronics & Computer Distribution subindustry, Daiko Xtech'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.
Daiko Xtech Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Daiko Xtech's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Daiko Xtech'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.
Daiko Xtech (TSE:8023) has a Debt-to-Equity of 0.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Daiko Xtech and its competitors. This is 63% below median its historical median of 0.40. Over the past decade, Daiko Xtech's Debt-to-Equity has ranged from 0.15 to 1.11. According to the industry distribution chart, Daiko Xtech ranks #696 out of 2232 companies in the Hardware industry, placing it in the top 31.2%.
Is Daiko Xtech's Debt-to-Equity too high?
Daiko Xtech's current Debt-to-Equity of 0.15 is 63% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.11. The Hardware industry median Debt-to-Equity is 0.28. Daiko Xtech's value of 0.15 is 46.4% below this industry median. Based on the distribution chart, Daiko Xtech ranks #696 out of 2232 companies in the Hardware industry, which is above the industry midpoint. Overall, Daiko Xtech has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiko Xtech's Debt-to-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Daiko Xtech ranks #696 out of 2232 companies for Debt-to-Equity. This puts Daiko Xtech in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Daiko Xtech's value of 0.15 is 46.4% below this benchmark. Historically, Daiko Xtech's own Debt-to-Equity has ranged from 0.15 to 1.11 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.28, Daiko Xtech 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. Daiko Xtech's current Debt-to-Equity of 0.15 is 46.4% 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 Daiko Xtech 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. Daiko Xtech's current Debt-to-Equity is 0.15, which is 63% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiko Xtech stock overvalued right now?
Based on GuruFocus' analysis, Daiko Xtech (TSE:8023) is currently considered Fairly Valued. The stock's GF Value™ is 円946.99, compared to a current price of 円1,032.00 — trading 9% above its estimated fair value. The current Debt-to-Equity is 0.15, which is 63% below median its 10-year median of 0.40 and 46.4% below the Hardware industry median of 0.28. Daiko Xtech's overall GF Score™ is 71/100 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 Daiko Xtech (TSE:8023), the current Debt-to-Equity is 0.15 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 Daiko Xtech (TSE:8023) Overvalued in 2026?
Based on GuruFocus' analysis, Daiko Xtech stock appears to be overvalued.
The current stock price of 円1,032.00 is trading 9% above its estimated GF Value™ of 円946.99.
GuruFocus considers Daiko Xtech to be Fairly Valued.
Key valuation signals for TSE:8023:
Debt-to-Equity: 0.15 (63% below median its 10-year median of 0.40)
GF Value™: 円946.99 vs. price of 円1,032.00 (9% above fair value)
Industry Position: 46.4% below the Hardware median (#696 of 2232)
No single metric tells the full story. See the TSE:8023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiko Xtech Ltd formerly Daiko Denshi Tsushin Ltd s engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.
71GF Score
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