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ASAX CoTSE:8772 -0.46%79 Debt-to-Equity is 1.41 as of Mar. 2026, which is 21% above its 10-year median of 1.17. GuruFocus rates TSE:8772 with a GF Score™ of 79/100 and a GF Value™ of 円989.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,419 Banks companies, ASAX Co ranks worse than 77.59% 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 ASAX Co's Debt-to-Equity or its related term are showing as below:
TSE:8772'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.17 Max: 1.41
Current: 1.44
During the past 13 years, the highest Debt-to-Equity Ratio of ASAX Co was 1.41. The lowest was 0.94. And the median was 1.17.
TSE:8772's Debt-to-Equity is ranked worse than 77.59% of 1419
companies
in the Banks industry
Industry Median: 0.58
vs TSE:8772: 1.44
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.
ASAX Co Debt-to-Equity Related Terms
ASAX Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ASAX 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:8772 vs RKT, FNMA, PFSI: Debt-to-Equity Comparison
For the Mortgage Finance subindustry, ASAX 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.
ASAX Co Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, ASAX Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ASAX 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.
ASAX Co (TSE:8772) has a Debt-to-Equity of 1.41 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ASAX Co and its competitors. This is 21% above median its historical median of 1.17. Over the past decade, ASAX Co's Debt-to-Equity has ranged from 0.94 to 1.41. According to the industry distribution chart, ASAX Co ranks #1101 out of 1419 companies in the Banks industry, placing it in the top 77.6%.
Is ASAX Co's Debt-to-Equity too high?
ASAX Co's current Debt-to-Equity of 1.41 is 21% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.41. The Banks industry median Debt-to-Equity is 0.58. ASAX Co's value of 1.41 is 143.1% above this industry median. Based on the distribution chart, ASAX Co ranks #1101 out of 1419 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, ASAX Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's Debt-to-Equity compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #1101 out of 1419 companies for Debt-to-Equity. This places ASAX Co in the lower half of its industry. The industry median Debt-to-Equity is 0.58. ASAX Co's value of 1.41 is 143.1% above this benchmark. Historically, ASAX Co's own Debt-to-Equity has ranged from 0.94 to 1.41 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 0.58, ASAX 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 Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,419 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. ASAX Co's current Debt-to-Equity of 1.41 is 143.1% 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 ASAX Co and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current Debt-to-Equity is 1.41, which is 21% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円989.74, compared to a current price of 円864.00 — trading 12.7% below its estimated fair value. The current Debt-to-Equity is 1.41, which is 21% above median its 10-year median of 1.17 and 143.1% above the Banks industry median of 0.58. ASAX Co's overall GF Score™ is 79/100 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 ASAX Co (TSE:8772), the current Debt-to-Equity is 1.41 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 ASAX Co (TSE:8772) Overvalued in 2026?
Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued.
The current stock price of 円864.00 is trading 12.7% below its estimated GF Value™ of 円989.74.
GuruFocus considers ASAX Co to be Modestly Undervalued.
Key valuation signals for TSE:8772:
Debt-to-Equity: 1.41 (21% above median its 10-year median of 1.17)
GF Value™: 円989.74 vs. price of 円864.00 (12.7% below fair value)
Industry Position: 143.1% above the Banks median (#1101 of 1419)
No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
79GF Score
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