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.
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.
Laox Holdings CoTSE:8202 -0.67%57 Debt-to-Equity is 0.14 as of Jun. 2026, which is 8% above its 10-year median of 0.13. GuruFocus rates TSE:8202 with a GF Score™ of 57/100 and a GF Value™ of 円172.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,009 Retail - Cyclical companies, Laox Holdings Co ranks better than 81.96% 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 Laox Holdings Co's Debt-to-Equity or its related term are showing as below:
TSE:8202'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 5.5
Current: 0.14
During the past 13 years, the highest Debt-to-Equity Ratio of Laox Holdings Co was 5.50. The lowest was 0.03. And the median was 0.13.
TSE:8202's Debt-to-Equity is ranked better than 81.96% of 1009
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs TSE:8202: 0.14
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.
Laox Holdings Co Debt-to-Equity Related Terms
Laox Holdings Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Laox Holdings Co'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:8202 vs CASY, WSM, ULTA: Debt-to-Equity Comparison
For the Specialty Retail subindustry, Laox Holdings 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.
Laox Holdings Co Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Laox Holdings 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.
Laox Holdings Co (TSE:8202) has a Debt-to-Equity of 0.14 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Laox Holdings Co and its competitors. This is near median its historical median of 0.13. Over the past decade, Laox Holdings Co's Debt-to-Equity has ranged from 0.03 to 5.50. According to the industry distribution chart, Laox Holdings Co ranks #182 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 18%.
Is Laox Holdings Co's Debt-to-Equity too high?
Laox Holdings Co's current Debt-to-Equity of 0.14 is near median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 5.50. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Laox Holdings Co's value of 0.14 is 75% below this industry median. Based on the distribution chart, Laox Holdings Co ranks #182 out of 1009 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Laox Holdings Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Laox Holdings Co's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Laox Holdings Co ranks #182 out of 1009 companies for Debt-to-Equity. This places Laox Holdings Co in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.56. Laox Holdings Co's value of 0.14 is 75% below this benchmark. Historically, Laox Holdings Co's own Debt-to-Equity has ranged from 0.03 to 5.50 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.56, Laox Holdings 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,009 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. Laox Holdings Co's current Debt-to-Equity of 0.14 is 75% 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 Laox Holdings Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laox Holdings Co's current Debt-to-Equity is 0.14, which is near median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laox Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Laox Holdings Co (TSE:8202) is currently considered Modestly Undervalued. The stock's GF Value™ is 円172.30, compared to a current price of 円148.00 — trading 14.1% below its estimated fair value. The current Debt-to-Equity is 0.14, which is near median its 10-year median of 0.13 and 75% below the Retail - Cyclical industry median of 0.56. Laox Holdings Co's overall GF Score™ is 57/100 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 Laox Holdings Co (TSE:8202), the current Debt-to-Equity is 0.14 as of Jun. 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 Laox Holdings Co (TSE:8202) Overvalued in 2026?
Based on GuruFocus' analysis, Laox Holdings Co stock appears to be undervalued.
The current stock price of 円148.00 is trading 14.1% below its estimated GF Value™ of 円172.30.
GuruFocus considers Laox Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:8202:
Debt-to-Equity: 0.14 (near median its 10-year median of 0.13)
GF Value™: 円172.30 vs. price of 円148.00 (14.1% below fair value)
Industry Position: 75% below the Retail - Cyclical median (#182 of 1009)
No single metric tells the full story. See the TSE:8202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Gift Solutions, Retail, Trading, and Asset Services. The Retail business includes various products which it sells in real stores and through online sales, Gift Solutions business consists Sales of gift items and lifestyle-related products, and others. The Trading business through the import and export of private label products, etc., and Asset Services Business involves the operation and management of mixed-use commercial facilities, real estate sales and brokerage, and rental property management.
57GF Score
Get the complete analysis for TSE:8202
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8202 has been successfully added to your 
