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Makiya CoTSE:9890 +1.11%83 Debt-to-Equity is 0.26 as of Mar. 2026, which is 32% below its 10-year median of 0.38. GuruFocus rates TSE:9890 with a GF Score™ of 83/100 and a GF Value™ of 円1,267.36 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 282 Retail - Defensive companies, Makiya Co ranks better than 64.89% 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 Makiya Co's Debt-to-Equity or its related term are showing as below:
TSE:9890'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.38 Max: 0.55
Current: 0.28
During the past 13 years, the highest Debt-to-Equity Ratio of Makiya Co was 0.55. The lowest was 0.26. And the median was 0.38.
TSE:9890's Debt-to-Equity is ranked better than 64.89% of 282
companies
in the Retail - Defensive industry
Industry Median: 0.555
vs TSE:9890: 0.28
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.
Makiya Co Debt-to-Equity Related Terms
Makiya Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Makiya 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.
For the Grocery Stores subindustry, Makiya 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.
Makiya Co Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Makiya Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Makiya 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.
Makiya Co (TSE:9890) has a Debt-to-Equity of 0.26 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Makiya Co and its competitors. This is 32% below median its historical median of 0.38. Over the past decade, Makiya Co's Debt-to-Equity has ranged from 0.26 to 0.55. According to the industry distribution chart, Makiya Co ranks #99 out of 282 companies in the Retail - Defensive industry, placing it in the top 35.1%.
Is Makiya Co's Debt-to-Equity too high?
Makiya Co's current Debt-to-Equity of 0.26 is 32% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.55. The Retail - Defensive industry median Debt-to-Equity is 0.56. Makiya Co's value of 0.26 is 53.2% below this industry median. Based on the distribution chart, Makiya Co ranks #99 out of 282 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Makiya Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makiya Co's Debt-to-Equity compare to KR?
According to the Retail - Defensive industry distribution chart, Makiya Co ranks #99 out of 282 companies for Debt-to-Equity. This puts Makiya Co in the upper half of its industry. The industry median Debt-to-Equity is 0.56. Makiya Co's value of 0.26 is 53.2% below this benchmark. Historically, Makiya Co's own Debt-to-Equity has ranged from 0.26 to 0.55 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.56, Makiya 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 Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 282 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. Makiya Co's current Debt-to-Equity of 0.26 is 53.2% 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 Makiya Co and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makiya Co's current Debt-to-Equity is 0.26, which is 32% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makiya Co stock overvalued right now?
Based on GuruFocus' analysis, Makiya Co (TSE:9890) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,267.36, compared to a current price of 円1,456.00 — trading 14.9% above its estimated fair value. The current Debt-to-Equity is 0.26, which is 32% below median its 10-year median of 0.38 and 53.2% below the Retail - Defensive industry median of 0.56. Makiya 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 Makiya Co (TSE:9890), the current Debt-to-Equity is 0.26 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 Makiya Co (TSE:9890) Overvalued in 2026?
Based on GuruFocus' analysis, Makiya Co stock appears to be overvalued.
The current stock price of 円1,456.00 is trading 14.9% above its estimated GF Value™ of 円1,267.36.
GuruFocus considers Makiya Co to be Modestly Overvalued.
Key valuation signals for TSE:9890:
Debt-to-Equity: 0.26 (32% below median its 10-year median of 0.38)
GF Value™: 円1,267.36 vs. price of 円1,456.00 (14.9% above fair value)
Industry Position: 53.2% below the Retail - Defensive median (#99 of 282)
No single metric tells the full story. See the TSE:9890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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