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Nikken Kogaku CoTSE:9767 -1.08%72 Debt-to-Equity is 0.05 as of Mar. 2026, which is 79% below its 10-year median of 0.24. GuruFocus rates TSE:9767 with a GF Score™ of 72/100 and a GF Value™ of 円1,577.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,617 Construction companies, Nikken Kogaku Co ranks better than 88.25% 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 Nikken Kogaku Co's Debt-to-Equity or its related term are showing as below:
TSE:9767'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.24 Max: 1.37
Current: 0.05
During the past 13 years, the highest Debt-to-Equity Ratio of Nikken Kogaku Co was 1.37. The lowest was 0.05. And the median was 0.24.
TSE:9767's Debt-to-Equity is ranked better than 88.25% of 1617
companies
in the Construction industry
Industry Median: 0.4
vs TSE:9767: 0.05
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.
Nikken Kogaku Co Debt-to-Equity Related Terms
Nikken Kogaku Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nikken Kogaku 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:9767 vs TT, JCI, CARR: Debt-to-Equity Comparison
For the Building Products & Equipment subindustry, Nikken Kogaku 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.
Nikken Kogaku Co Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Nikken Kogaku Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nikken Kogaku 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.
Nikken Kogaku Co (TSE:9767) has a Debt-to-Equity of 0.05 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nikken Kogaku Co and its competitors. This is 79% below median its historical median of 0.24. Over the past decade, Nikken Kogaku Co's Debt-to-Equity has ranged from 0.05 to 1.37. According to the industry distribution chart, Nikken Kogaku Co ranks #190 out of 1617 companies in the Construction industry, placing it in the top 11.8%.
Is Nikken Kogaku Co's Debt-to-Equity too high?
Nikken Kogaku Co's current Debt-to-Equity of 0.05 is 79% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.37. The Construction industry median Debt-to-Equity is 0.40. Nikken Kogaku Co's value of 0.05 is 87.5% below this industry median. Based on the distribution chart, Nikken Kogaku Co ranks #190 out of 1617 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nikken Kogaku Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nikken Kogaku Co's Debt-to-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Nikken Kogaku Co ranks #190 out of 1617 companies for Debt-to-Equity. This places Nikken Kogaku Co in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. Nikken Kogaku Co's value of 0.05 is 87.5% below this benchmark. Historically, Nikken Kogaku Co's own Debt-to-Equity has ranged from 0.05 to 1.37 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.40, Nikken Kogaku 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 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. Nikken Kogaku Co's current Debt-to-Equity of 0.05 is 87.5% 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 Nikken Kogaku Co and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikken Kogaku Co's current Debt-to-Equity is 0.05, which is 79% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikken Kogaku Co stock overvalued right now?
Based on GuruFocus' analysis, Nikken Kogaku Co (TSE:9767) is currently considered Fairly Valued. The stock's GF Value™ is 円1,577.12, compared to a current price of 円1,551.00 — trading 1.7% below its estimated fair value. The current Debt-to-Equity is 0.05, which is 79% below median its 10-year median of 0.24 and 87.5% below the Construction industry median of 0.40. Nikken Kogaku Co's overall GF Score™ is 72/100 with 2 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 Nikken Kogaku Co (TSE:9767), the current Debt-to-Equity is 0.05 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 Nikken Kogaku Co (TSE:9767) Overvalued in 2026?
Based on GuruFocus' analysis, Nikken Kogaku Co stock appears to be undervalued.
The current stock price of 円1,551.00 is trading 1.7% below its estimated GF Value™ of 円1,577.12.
GuruFocus considers Nikken Kogaku Co to be Fairly Valued.
Key valuation signals for TSE:9767:
Debt-to-Equity: 0.05 (79% below median its 10-year median of 0.24)
GF Value™: 円1,577.12 vs. price of 円1,551.00 (1.7% below fair value)
Industry Position: 87.5% below the Construction median (#190 of 1617)
No single metric tells the full story. See the TSE:9767 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nikken Kogaku Co Ltd develops a wide range of products and construction methods such as wave-blocking block, revetment block, natural stone construction method, and other civil engineering products. It primarily serves to the ministry of land, infrastructure, transport and tourism; local governments, construction companies, and construction consultants across Japan.
72GF Score
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