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MRK HoldingsTSE:9980 63 Debt-to-Equity is 0.03 as of Mar. 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates TSE:9980 with a GF Score™ of 63/100 and a GF Value™ of 円119.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 934 Manufacturing - Apparel & Accessories companies, MRK Holdings ranks better than 93.36% 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 MRK Holdings's Debt-to-Equity or its related term are showing as below:
TSE:9980'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.25
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of MRK Holdings was 0.25. The lowest was 0.00. And the median was 0.02.
TSE:9980's Debt-to-Equity is ranked better than 93.36% of 934
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs TSE:9980: 0.03
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.
MRK Holdings Debt-to-Equity Related Terms
MRK Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for MRK 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:9980 vs RL, LEVI, VFC: Debt-to-Equity Comparison
For the Apparel Manufacturing subindustry, MRK 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.
MRK Holdings Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, MRK Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MRK 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.
MRK Holdings (TSE:9980) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MRK Holdings and its competitors. This is 50% above median its historical median of 0.02. According to the industry distribution chart, MRK Holdings ranks #62 out of 934 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.6%.
Is MRK Holdings' Debt-to-Equity too high?
MRK Holdings' current Debt-to-Equity of 0.03 is 50% above median its 10-year median of 0.02. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. MRK Holdings' value of 0.03 is 92.7% below this industry median. Based on the distribution chart, MRK Holdings ranks #62 out of 934 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, MRK Holdings has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRK Holdings' Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, MRK Holdings ranks #62 out of 934 companies for Debt-to-Equity. This places MRK Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. MRK Holdings' value of 0.03 is 92.7% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.41, MRK Holdings 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 934 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. MRK Holdings's current Debt-to-Equity of 0.03 is 92.7% 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 MRK Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRK Holdings's current Debt-to-Equity is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRK Holdings stock overvalued right now?
Based on GuruFocus' analysis, MRK Holdings (TSE:9980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円119.22, compared to a current price of 円96.00 — trading 19.5% below its estimated fair value. The current Debt-to-Equity is 0.03, which is 50% above median its 10-year median of 0.02 and 92.7% below the Manufacturing - Apparel & Accessories industry median of 0.41. MRK Holdings' overall GF Score™ is 63/100 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 MRK Holdings (TSE:9980), the current Debt-to-Equity is 0.03 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 MRK Holdings (TSE:9980) Overvalued in 2026?
Based on GuruFocus' analysis, MRK Holdings stock appears to be undervalued.
The current stock price of 円96.00 is trading 19.5% below its estimated GF Value™ of 円119.22.
GuruFocus considers MRK Holdings to be Modestly Undervalued.
Key valuation signals for TSE:9980:
Debt-to-Equity: 0.03 (50% above median its 10-year median of 0.02)
GF Value™: 円119.22 vs. price of 円96.00 (19.5% below fair value)
Industry Position: 92.7% below the Manufacturing - Apparel & Accessories median (#62 of 934)
No single metric tells the full story. See the TSE:9980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRK Holdings Inc manufactures and trades women's lingerie, body-care cosmetics, and health food products. The company's segment includes Women's clothing and related business, Maternity and baby related business, and wedding and banquet related events business. The company generates the majority of its revenue from the Women's clothing and related business.
63GF Score
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