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Marufuji Sheet Piling CoTSE:8046 62 Debt-to-Equity is 0.02 as of Mar. 2026, which is 83% below its 10-year median of 0.12. GuruFocus rates TSE:8046 with a GF Score™ of 62/100 and a GF Value™ of 円669.53 (Significantly Overvalued). Among 549 Steel companies, Marufuji Sheet Piling Co ranks better than 96.17% 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 Marufuji Sheet Piling Co's Debt-to-Equity or its related term are showing as below:
TSE:8046'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.23
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Marufuji Sheet Piling Co was 0.23. The lowest was 0.02. And the median was 0.12.
TSE:8046's Debt-to-Equity is ranked better than 96.17% of 549
companies
in the Steel industry
Industry Median: 0.41
vs TSE:8046: 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.
Marufuji Sheet Piling Co Debt-to-Equity Related Terms
Marufuji Sheet Piling 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:8046 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co (TSE:8046) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Marufuji Sheet Piling Co and its competitors. This is 83% below median its historical median of 0.12. Over the past decade, Marufuji Sheet Piling Co's Debt-to-Equity has ranged from 0.02 to 0.23. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #21 out of 549 companies in the Steel industry, placing it in the top 3.8%.
Is Marufuji Sheet Piling Co's Debt-to-Equity too high?
Marufuji Sheet Piling Co's current Debt-to-Equity of 0.02 is 83% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.23. The Steel industry median Debt-to-Equity is 0.41. Marufuji Sheet Piling Co's value of 0.02 is 95.1% below this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #21 out of 549 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Marufuji Sheet Piling Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #21 out of 549 companies for Debt-to-Equity. This places Marufuji Sheet Piling Co in the top 4% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Marufuji Sheet Piling Co's value of 0.02 is 95.1% below this benchmark. Historically, Marufuji Sheet Piling Co's own Debt-to-Equity has ranged from 0.02 to 0.23 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.41, Marufuji Sheet Piling Co 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 549 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. Marufuji Sheet Piling Co's current Debt-to-Equity of 0.02 is 95.1% 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 Marufuji Sheet Piling Co and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current Debt-to-Equity is 0.02, which is 83% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円669.53, compared to a current price of 円1,007.00 — trading 50.4% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 83% below median its 10-year median of 0.12 and 95.1% below the Steel industry median of 0.41. Marufuji Sheet Piling Co's overall GF Score™ is 62/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current Debt-to-Equity is 0.02 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued.
The current stock price of 円1,007.00 is trading 50.4% above its estimated GF Value™ of 円669.53.
GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.
Key valuation signals for TSE:8046:
Debt-to-Equity: 0.02 (83% below median its 10-year median of 0.12)
GF Value™: 円669.53 vs. price of 円1,007.00 (50.4% above fair value)
Industry Position: 95.1% below the Steel median (#21 of 549)
No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
62GF Score
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