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Miris Holding ABXSAT:MIR -9.55%41 Debt-to-Equity is 0.17 as of Mar. 2026, which is 6% below its 10-year median of 0.18. GuruFocus rates XSAT:MIR with a GF Score™ of 41/100 and a GF Value™ of kr14.65 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,224 Hardware companies, Miris Holding AB ranks better than 62.99% 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 Miris Holding AB's Debt-to-Equity or its related term are showing as below:
XSAT:MIR'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1473 Med: 0.18 Max: 6.18
Current: 0.17
During the past 13 years, the highest Debt-to-Equity Ratio of Miris Holding AB was 6.18. The lowest was -1473.00. And the median was 0.18.
XSAT:MIR's Debt-to-Equity is ranked better than 62.99% of 2224
companies
in the Hardware industry
Industry Median: 0.28
vs XSAT:MIR: 0.17
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.
Miris Holding AB Debt-to-Equity Related Terms
Miris Holding AB Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Miris Holding AB'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.
XSAT:MIR vs COHR, KEYS, GRMN: Debt-to-Equity Comparison
For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.
Miris Holding AB Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Miris Holding AB's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Miris Holding AB'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.
Miris Holding AB (XSAT:MIR) 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 Miris Holding AB and its competitors. This is near median its historical median of 0.18. According to the industry distribution chart, Miris Holding AB ranks #823 out of 2224 companies in the Hardware industry, placing it in the top 37%.
Is Miris Holding AB's Debt-to-Equity too high?
Miris Holding AB's current Debt-to-Equity of 0.17 is near median its 10-year median of 0.18. The Hardware industry median Debt-to-Equity is 0.28. Miris Holding AB's value of 0.17 is 39.3% below this industry median. Based on the distribution chart, Miris Holding AB ranks #823 out of 2224 companies in the Hardware industry, which is above the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's Debt-to-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #823 out of 2224 companies for Debt-to-Equity. This puts Miris Holding AB in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Miris Holding AB's value of 0.17 is 39.3% below this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 0.28, Miris Holding AB 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 2,224 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. Miris Holding AB'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 Miris Holding AB 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. Miris Holding AB's current Debt-to-Equity is 0.17, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr14.65, compared to a current price of kr19.90 — trading 35.8% above its estimated fair value. The current Debt-to-Equity is 0.17, which is near median its 10-year median of 0.18 and 39.3% below the Hardware industry median of 0.28. Miris Holding AB's overall GF Score™ is 41/100 with 4 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 Miris Holding AB (XSAT:MIR), 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?
Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued.
The current stock price of kr19.90 is trading 35.8% above its estimated GF Value™ of kr14.65.
GuruFocus considers Miris Holding AB to be Significantly Overvalued.
Key valuation signals for XSAT:MIR:
Debt-to-Equity: 0.17 (near median its 10-year median of 0.18)
GF Value™: kr14.65 vs. price of kr19.90 (35.8% above fair value)
Industry Position: 39.3% below the Hardware median (#823 of 2224)
No single metric tells the full story. See the XSAT:MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
41GF Score
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