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.
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 Hiroshima Electric Railway Co's Debt-to-Equity or its related term are showing as below:
TSE:9033'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.6 Max: 0.72
Current: 0.6
During the past 13 years, the highest Debt-to-Equity Ratio of Hiroshima Electric Railway Co was 0.72. The lowest was 0.48. And the median was 0.60.
TSE:9033's Debt-to-Equity is ranked worse than 53.54% of 919
companies
in the Transportation industry
Industry Median: 0.54
vs TSE:9033: 0.60
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.
Hiroshima Electric Railway Co Debt-to-Equity Related Terms
Hiroshima Electric Railway 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.
Hiroshima Electric Railway Co Debt-to-Equity Chart
TSE:9033 vs UNP, CSX, NSC: Debt-to-Equity Comparison
For the Railroads subindustry, Hiroshima Electric Railway 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.
Hiroshima Electric Railway Co Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Hiroshima Electric Railway Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hiroshima Electric Railway 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.
Hiroshima Electric Railway Co (TSE:9033) has a Debt-to-Equity of 0.69 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hiroshima Electric Railway Co and its competitors. This is 15% above median its historical median of 0.60. Over the past decade, Hiroshima Electric Railway Co's Debt-to-Equity has ranged from 0.48 to 0.72. According to the industry distribution chart, Hiroshima Electric Railway Co ranks #492 out of 919 companies in the Transportation industry, placing it in the top 53.5%.
Is Hiroshima Electric Railway Co's Debt-to-Equity too high?
Hiroshima Electric Railway Co's current Debt-to-Equity of 0.69 is 15% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.72. The Transportation industry median Debt-to-Equity is 0.54. Hiroshima Electric Railway Co's value of 0.69 is 27.8% above this industry median. Based on the distribution chart, Hiroshima Electric Railway Co ranks #492 out of 919 companies in the Transportation industry, which is below the industry midpoint. Overall, Hiroshima Electric Railway Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Electric Railway Co's Debt-to-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Hiroshima Electric Railway Co ranks #492 out of 919 companies for Debt-to-Equity. This places Hiroshima Electric Railway Co in the lower half of its industry. The industry median Debt-to-Equity is 0.54. Hiroshima Electric Railway Co's value of 0.69 is 27.8% above this benchmark. Historically, Hiroshima Electric Railway Co's own Debt-to-Equity has ranged from 0.48 to 0.72 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.54, Hiroshima Electric Railway 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 919 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. Hiroshima Electric Railway Co's current Debt-to-Equity of 0.69 is 27.8% 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 Hiroshima Electric Railway Co and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Electric Railway Co's current Debt-to-Equity is 0.69, which is 15% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co (TSE:9033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円884.43, compared to a current price of 円631.00 — trading 28.7% below its estimated fair value. The current Debt-to-Equity is 0.69, which is 15% above median its 10-year median of 0.60 and 27.8% above the Transportation industry median of 0.54. Hiroshima Electric Railway Co's overall GF Score™ is 61/100 with 4 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 Hiroshima Electric Railway Co (TSE:9033), the current Debt-to-Equity is 0.69 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 Hiroshima Electric Railway Co (TSE:9033) Overvalued in 2026?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co stock appears to be undervalued.
The current stock price of 円631.00 is trading 28.7% below its estimated GF Value™ of 円884.43.
GuruFocus considers Hiroshima Electric Railway Co to be Modestly Undervalued.
Key valuation signals for TSE:9033:
Debt-to-Equity: 0.69 (15% above median its 10-year median of 0.60)
GF Value™: 円884.43 vs. price of 円631.00 (28.7% below fair value)
Industry Position: 27.8% above the Transportation median (#492 of 919)
No single metric tells the full story. See the TSE:9033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiroshima Electric Railway Co Ltd operates in various sectors such as Transportation which includes railway and railroad business, Bus business, ropeway, air transport agency, and hire business; Distribution business includes merchandise sales; Real estate business includes rental and sales business; Construction includes civil engineering, telecommunication construction; and Leisure business includes catering, bowling, golf and travel business.
61GF Score
Get the complete analysis for TSE:9033
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:9033 has been successfully added to your 
