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Toshiba TecTSHTY 75 Debt-to-Equity is 0.48 as of Mar. 2026, which is 78% above its 10-year median of 0.27. GuruFocus rates TSHTY with a GF Score™ of 75/100 and a GF Value™ of $9.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,215 Hardware companies, Toshiba Tec ranks worse than 66.37% 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 Toshiba Tec's Debt-to-Equity or its related term are showing as below:
TSHTY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.27 Max: 0.48
Current: 0.48
During the past 13 years, the highest Debt-to-Equity Ratio of Toshiba Tec was 0.48. The lowest was 0.10. And the median was 0.27.
TSHTY's Debt-to-Equity is ranked worse than 66.37% of 2215
companies
in the Hardware industry
Industry Median: 0.27
vs TSHTY: 0.48
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.
Toshiba Tec Debt-to-Equity Related Terms
Toshiba Tec Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Toshiba Tec'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.
TSHTY vs SNDK, DELL, STX: Debt-to-Equity Comparison
For the Computer Hardware subindustry, Toshiba Tec'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.
Toshiba Tec Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Toshiba Tec's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Toshiba Tec'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.
Toshiba Tec (TSHTY) has a Debt-to-Equity of 0.48 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Toshiba Tec and its competitors. This is 78% above median its historical median of 0.27. Over the past decade, Toshiba Tec's Debt-to-Equity has ranged from 0.10 to 0.48. According to the industry distribution chart, Toshiba Tec ranks #1470 out of 2215 companies in the Hardware industry, placing it in the top 66.4%.
Is Toshiba Tec's Debt-to-Equity too high?
Toshiba Tec's current Debt-to-Equity of 0.48 is 78% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.48. The Hardware industry median Debt-to-Equity is 0.27. Toshiba Tec's value of 0.48 is 77.8% above this industry median. Based on the distribution chart, Toshiba Tec ranks #1470 out of 2215 companies in the Hardware industry, which is below the industry midpoint. Overall, Toshiba Tec has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toshiba Tec's Debt-to-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Toshiba Tec ranks #1470 out of 2215 companies for Debt-to-Equity. This places Toshiba Tec in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Toshiba Tec's value of 0.48 is 77.8% above this benchmark. Historically, Toshiba Tec's own Debt-to-Equity has ranged from 0.10 to 0.48 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.27, Toshiba Tec 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,215 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. Toshiba Tec's current Debt-to-Equity of 0.48 is 77.8% 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 Toshiba Tec and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toshiba Tec's current Debt-to-Equity is 0.48, which is 78% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshiba Tec stock overvalued right now?
Based on GuruFocus' analysis, Toshiba Tec (TSHTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.80, compared to a current price of $8.51 — trading 13.2% below its estimated fair value. The current Debt-to-Equity is 0.48, which is 78% above median its 10-year median of 0.27 and 77.8% above the Hardware industry median of 0.27. Toshiba Tec's overall GF Score™ is 75/100 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 Toshiba Tec (TSHTY), the current Debt-to-Equity is 0.48 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 Toshiba Tec (TSHTY) Overvalued in 2026?
Based on GuruFocus' analysis, Toshiba Tec stock appears to be undervalued.
The current stock price of $8.51 is trading 13.2% below its estimated GF Value™ of $9.80.
GuruFocus considers Toshiba Tec to be Modestly Undervalued.
Key valuation signals for TSHTY:
Debt-to-Equity: 0.48 (78% above median its 10-year median of 0.27)
GF Value™: $9.80 vs. price of $8.51 (13.2% below fair value)
Industry Position: 77.8% above the Hardware median (#1470 of 2215)
No single metric tells the full story. See the TSHTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.
75GF Score
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