Watt Mann Co (TSE:9927) Debt-to-Equity: 0.04 (As of Mar. 2026) — 79% Below Median

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TSE:9927 Watt Mann Co Ltd TSE:9927
68 GF Score
Price 円963.00
GF Value 円871.95
! 5 Warning Signs
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What is Watt Mann Co Debt-to-Equity?

Watt Mann Co TSE:9927 68 Debt-to-Equity is 0.04 as of Mar. 2026, which is 79% below its 10-year median of 0.19. GuruFocus rates TSE:9927 with a GF Score™ of 68/100 and a GF Value™ of 円871.95. The stock has 5 warning signs investors should review.

Watt Mann Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円148 Mil. Watt Mann Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円12 Mil. Watt Mann Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円3,627 Mil. Watt Mann Co's debt to equity for the quarter that ended in Mar. 2026 was 0.04.

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 Watt Mann Co's Debt-to-Equity or its related term are showing as below:

TSE:9927' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.19   Max: 0.34
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Watt Mann Co was 0.34. The lowest was 0.04. And the median was 0.19.

TSE:9927's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.56 vs TSE:9927: 0.04

Watt Mann Co  (TSE:9927) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Watt Mann Co Debt-to-Equity Related Terms


Watt Mann Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Watt Mann 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.

Watt Mann Co Debt-to-Equity Chart

Watt Mann Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.22 0.16 0.13 0.04

Watt Mann Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.14 0.13 0.11 0.04

TSE:9927 vs CASY, WSM, DKS: Debt-to-Equity Comparison

For the Specialty Retail subindustry, Watt Mann 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.


Watt Mann Co Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watt Mann Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Watt Mann Co's Debt-to-Equity falls into.


TSE:9927
68GF Score
Watt Mann Co Ltd TSE:9927
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watt Mann Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Watt Mann Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Watt Mann Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.04 mean?
Watt Mann Co (TSE:9927) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Watt Mann Co and its competitors. This is 79% below median its historical median of 0.19. Over the past decade, Watt Mann Co's Debt-to-Equity has ranged from 0.04 to 0.34.
Is Watt Mann Co's Debt-to-Equity too high?
Watt Mann Co's current Debt-to-Equity of 0.04 is 79% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.34. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Watt Mann Co's value of 0.04 is 92.9% below this industry median. Overall, Watt Mann Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Watt Mann Co's Debt-to-Equity compare to CASY and WSM?
Watt Mann Co's Debt-to-Equity of 0.04 can be compared against companies in the Retail - Cyclical industry. The industry median Debt-to-Equity is 0.56. Watt Mann Co's value of 0.04 is 92.9% below this benchmark. Historically, Watt Mann Co's own Debt-to-Equity has ranged from 0.04 to 0.34 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.56, Watt Mann 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 - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,009 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. Watt Mann Co's current Debt-to-Equity of 0.04 is 92.9% 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 Watt Mann Co and its competitors. For the Retail - Cyclical 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. Watt Mann Co's current Debt-to-Equity is 0.04, which is 79% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watt Mann Co stock overvalued right now?
Watt Mann Co (TSE:9927) has a current Debt-to-Equity of 0.04. The stock's GF Value™ is 円871.95, compared to a current price of 円963.00 — trading 10.4% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 79% below median its 10-year median of 0.19 and 92.9% below the Retail - Cyclical industry median of 0.56. Watt Mann Co's overall GF Score™ is 68/100 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 Watt Mann Co (TSE:9927), the current Debt-to-Equity is 0.04 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 Watt Mann Co (TSE:9927) Overvalued in 2026?

Based on GuruFocus' analysis, Watt Mann Co stock appears to be overvalued. The current stock price of 円963.00 is trading 10.4% above its estimated GF Value™ of 円871.95.

Key valuation signals for TSE:9927:

  • Debt-to-Equity: 0.04 (79% below median its 10-year median of 0.19)
  • GF Value™: 円871.95 vs. price of 円963.00 (10.4% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 92.9% below the Retail - Cyclical median

No single metric tells the full story. See the TSE:9927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watt Mann Co Business Description

Address 1-27-13, Honcho Tsurugamine, Asahi ku, Kanagawa Prefecture, Yokohama, JPN, 241 0021
Watt Mann Co Ltd is a Japanese company engaged in operating a chain of retail stores offering second-hand products. It is engaged in the sale and purchase of brand products and accessories, furniture, interior products, clothing, sports products CDs, DVDs, videos and game software, among others. The company deals in three product categories, including clothing, consumer electronics and books.
68GF Score

Get the complete analysis for TSE:9927

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円963.00
Price
円871.95
GF Value