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Aoyama Zaisan Networks CoTSE:8929 -1.85%83 Debt-to-Equity is 0.80 as of Jun. 2026, which is 25% below its 10-year median of 1.07. GuruFocus rates TSE:8929 with a GF Score™ of 83/100 and a GF Value™ of 円1,011.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,542 Real Estate companies, Aoyama Zaisan Networks Co ranks worse than 51.69% 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 Aoyama Zaisan Networks Co's Debt-to-Equity or its related term are showing as below:
TSE:8929'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 1.07 Max: 2.2
Current: 0.8
During the past 13 years, the highest Debt-to-Equity Ratio of Aoyama Zaisan Networks Co was 2.20. The lowest was 0.51. And the median was 1.07.
TSE:8929's Debt-to-Equity is ranked worse than 51.69% of 1542
companies
in the Real Estate industry
Industry Median: 0.75
vs TSE:8929: 0.80
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.
Aoyama Zaisan Networks Co Debt-to-Equity Related Terms
Aoyama Zaisan Networks 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:8929 vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Aoyama Zaisan Networks Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aoyama Zaisan Networks 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.
Aoyama Zaisan Networks Co (TSE:8929) has a Debt-to-Equity of 0.80 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aoyama Zaisan Networks Co and its competitors. This is 25% below median its historical median of 1.07. Over the past decade, Aoyama Zaisan Networks Co's Debt-to-Equity has ranged from 0.51 to 2.20. According to the industry distribution chart, Aoyama Zaisan Networks Co ranks #797 out of 1542 companies in the Real Estate industry, placing it in the top 51.7%.
Is Aoyama Zaisan Networks Co's Debt-to-Equity too high?
Aoyama Zaisan Networks Co's current Debt-to-Equity of 0.80 is 25% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.20. The Real Estate industry median Debt-to-Equity is 0.75. Aoyama Zaisan Networks Co's value of 0.80 is 6.7% above this industry median. Based on the distribution chart, Aoyama Zaisan Networks Co ranks #797 out of 1542 companies in the Real Estate industry, which is below the industry midpoint. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aoyama Zaisan Networks Co ranks #797 out of 1542 companies for Debt-to-Equity. This places Aoyama Zaisan Networks Co in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Aoyama Zaisan Networks Co's value of 0.80 is 6.7% above this benchmark. Historically, Aoyama Zaisan Networks Co's own Debt-to-Equity has ranged from 0.51 to 2.20 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.75, Aoyama Zaisan Networks 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,542 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. Aoyama Zaisan Networks Co's current Debt-to-Equity of 0.80 is 6.7% 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 Aoyama Zaisan Networks Co and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Zaisan Networks Co's current Debt-to-Equity is 0.80, which is 25% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,011.34, compared to a current price of 円1,378.00 — trading 36.3% above its estimated fair value. The current Debt-to-Equity is 0.80, which is 25% below median its 10-year median of 1.07 and 6.7% above the Real Estate industry median of 0.75. Aoyama Zaisan Networks Co's overall GF Score™ is 83/100 with 3 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 Aoyama Zaisan Networks Co (TSE:8929), the current Debt-to-Equity is 0.80 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be overvalued.
The current stock price of 円1,378.00 is trading 36.3% above its estimated GF Value™ of 円1,011.34.
GuruFocus considers Aoyama Zaisan Networks Co to be Significantly Overvalued.
Key valuation signals for TSE:8929:
Debt-to-Equity: 0.80 (25% below median its 10-year median of 1.07)
GF Value™: 円1,011.34 vs. price of 円1,378.00 (36.3% above fair value)
Industry Position: 6.7% above the Real Estate median (#797 of 1542)
No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
83GF Score
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