NTT System (WAR:NTT) Debt-to-Equity: 0.17 (As of Mar. 2026) — 21% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:NTT NTT System SA WAR:NTT
72 GF Score
Price zł15.65
GF Value zł6.84
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is NTT System Debt-to-Equity?

NTT System WAR:NTT +1.95% 72 Debt-to-Equity is 0.17 as of Mar. 2026, which is 21% above its 10-year median of 0.14. GuruFocus rates WAR:NTT with a GF Score™ of 72/100 and a GF Value™ of zł6.84 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,232 Hardware companies, NTT System ranks better than 62.72% on this metric.

NTT System's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł43 Mil. NTT System's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł0 Mil. NTT System's Total Stockholders Equity for the quarter that ended in Mar. 2026 was zł255 Mil. NTT System's debt to equity for the quarter that ended in Mar. 2026 was 0.17.

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 NTT System's Debt-to-Equity or its related term are showing as below:

WAR:NTT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.31
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of NTT System was 0.31. The lowest was 0.03. And the median was 0.14.

WAR:NTT's Debt-to-Equity is ranked better than
62.72% of 2232 companies
in the Hardware industry
Industry Median: 0.28 vs WAR:NTT: 0.17

NTT System  (WAR:NTT) 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.


NTT System Debt-to-Equity Related Terms


NTT System Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NTT System'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.

NTT System Debt-to-Equity Chart

NTT System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.26 0.14 0.23 0.14

NTT System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.10 0.06 0.14 0.17

WAR:NTT vs DELL, ANET, SNDK: Debt-to-Equity Comparison

For the Computer Hardware subindustry, NTT System'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.


NTT System Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, NTT System's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NTT System's Debt-to-Equity falls into.


WAR:NTT
72GF Score
NTT System SA WAR:NTT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT System Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NTT System's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

NTT System'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 0.17 mean?
NTT System (WAR:NTT) has a Debt-to-Equity of 0.17 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NTT System and its competitors. This is 21% above median its historical median of 0.14. Over the past decade, NTT System's Debt-to-Equity has ranged from 0.03 to 0.31. According to the industry distribution chart, NTT System ranks #832 out of 2232 companies in the Hardware industry, placing it in the top 37.3%.
Is NTT System's Debt-to-Equity too high?
NTT System's current Debt-to-Equity of 0.17 is 21% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.31. The Hardware industry median Debt-to-Equity is 0.28. NTT System's value of 0.17 is 39.3% below this industry median. Based on the distribution chart, NTT System ranks #832 out of 2232 companies in the Hardware industry, which is above the industry midpoint. Overall, NTT System has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTT System's Debt-to-Equity compare to DELL and ANET?
According to the Hardware industry distribution chart, NTT System ranks #832 out of 2232 companies for Debt-to-Equity. This puts NTT System in the upper half of its industry. The industry median Debt-to-Equity is 0.28. NTT System's value of 0.17 is 39.3% below this benchmark. Historically, NTT System's own Debt-to-Equity has ranged from 0.03 to 0.31 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.28, NTT System 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,232 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. NTT System's current Debt-to-Equity of 0.17 is 39.3% 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 NTT System and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT System's current Debt-to-Equity is 0.17, which is 21% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT System stock overvalued right now?
Based on GuruFocus' analysis, NTT System (WAR:NTT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł6.84, compared to a current price of zł15.65 — trading 128.8% above its estimated fair value. The current Debt-to-Equity is 0.17, which is 21% above median its 10-year median of 0.14 and 39.3% below the Hardware industry median of 0.28. NTT System's overall GF Score™ is 72/100 with 6 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 NTT System (WAR:NTT), the current Debt-to-Equity is 0.17 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 NTT System (WAR:NTT) Overvalued in 2026?

Based on GuruFocus' analysis, NTT System stock appears to be overvalued. The current stock price of zł15.65 is trading 128.8% above its estimated GF Value™ of zł6.84. GuruFocus considers NTT System to be Significantly Overvalued.

Key valuation signals for WAR:NTT:

  • Debt-to-Equity: 0.17 (21% above median its 10-year median of 0.14)
  • GF Value™: zł6.84 vs. price of zł15.65 (128.8% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 39.3% below the Hardware median (#832 of 2232)

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


NTT System Business Description

Address Zakret Street Trakt Brzeski 89, Wesola, Warsaw, POL, 05-077
NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.
72GF Score

Get the complete analysis for WAR:NTT

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

zł15.65
Price
zł6.84
GF Value