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Beat HoldingsTSE:9399 +7.14%30 Debt-to-Equity is 21.09 as of Jun. 2026, which is 3536% above its 10-year median of 0.58. GuruFocus rates TSE:9399 with a GF Score™ of 30/100 and a GF Value™ of 円4.87 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,245 Software companies, Beat Holdings ranks worse than 99.51% 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 Beat Holdings's Debt-to-Equity or its related term are showing as below:
TSE:9399'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3.23 Med: 0.58 Max: 42.25
Current: 21.09
During the past 13 years, the highest Debt-to-Equity Ratio of Beat Holdings was 42.25. The lowest was -3.23. And the median was 0.58.
TSE:9399's Debt-to-Equity is ranked worse than 99.51% of 2245
companies
in the Software industry
Industry Median: 0.2
vs TSE:9399: 21.09
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.
Beat Holdings Debt-to-Equity Related Terms
Beat Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Beat Holdings'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:9399 vs CRM, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Beat Holdings'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.
Beat Holdings Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Beat Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Beat Holdings'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.
Beat Holdings (TSE:9399) has a Debt-to-Equity of 21.09 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Beat Holdings and its competitors. This is 3536% above median its historical median of 0.58. According to the industry distribution chart, Beat Holdings ranks #2234 out of 2245 companies in the Software industry, placing it in the top 99.5%.
Is Beat Holdings' Debt-to-Equity too high?
Beat Holdings' current Debt-to-Equity of 21.09 is 3536% above median its 10-year median of 0.58. The Software industry median Debt-to-Equity is 0.20. Beat Holdings' value of 21.09 is 10445% above this industry median. Based on the distribution chart, Beat Holdings ranks #2234 out of 2245 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Beat Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beat Holdings' Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Beat Holdings ranks #2234 out of 2245 companies for Debt-to-Equity. This places Beat Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Beat Holdings' value of 21.09 is 10445% above this benchmark. While the company's 10-year median is 0.58 vs. the industry median of 0.20, Beat Holdings 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,245 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. Beat Holdings's current Debt-to-Equity of 21.09 is 10445% 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 Beat Holdings and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beat Holdings's current Debt-to-Equity is 21.09, which is 3536% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beat Holdings (TSE:9399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4.87, compared to a current price of 円15.00 — trading 208% above its estimated fair value. The current Debt-to-Equity is 21.09, which is 3536% above median its 10-year median of 0.58 and 10445% above the Software industry median of 0.20. Beat Holdings' overall GF Score™ is 30/100 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 Beat Holdings (TSE:9399), the current Debt-to-Equity is 21.09 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 Beat Holdings (TSE:9399) Overvalued in 2026?
Based on GuruFocus' analysis, Beat Holdings stock appears to be overvalued.
The current stock price of 円15.00 is trading 208% above its estimated GF Value™ of 円4.87.
GuruFocus considers Beat Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9399:
Debt-to-Equity: 21.09 (3536% above median its 10-year median of 0.58)
GF Value™: 円4.87 vs. price of 円15.00 (208% above fair value)
Industry Position: 10445% above the Software median (#2234 of 2245)
No single metric tells the full story. See the TSE:9399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beat Holdings Ltd is mainly engaged in the business of providing application-to-person (A2P) messaging service and software products and services. Its reportable segments are: the Messaging Business, which provides cloud-based A2P messaging services and software products and services; the Licensing Business, which provides licensing services for intellectual property rights and other rights related to application software owned by the group; and other businesses. The majority of its revenue is generated from the Messaging business. Geographically, the group generates maximum revenue from Asia, and the rest from Europe and other regions.
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