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Associated British FoodsASBFY +1.33%80 Debt-to-Equity is 0.33 as of Feb. 2026, which is at its 10-year median of 0.33. GuruFocus rates ASBFY with a GF Score™ of 80/100 and a GF Value™ of $30.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,743 Consumer Packaged Goods companies, Associated British Foods ranks better than 56.63% 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 Associated British Foods's Debt-to-Equity or its related term are showing as below:
ASBFY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: 0.45
Current: 0.33
During the past 13 years, the highest Debt-to-Equity Ratio of Associated British Foods was 0.45. The lowest was 0.06. And the median was 0.33.
ASBFY's Debt-to-Equity is ranked better than 56.63% of 1743
companies
in the Consumer Packaged Goods industry
Industry Median: 0.41
vs ASBFY: 0.33
Associated British Foods (OTCPK:ASBFY) Debt-to-Equity Explanation
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.
Associated British Foods Debt-to-Equity Related Terms
Associated British Foods Debt-to-Equity Historical Data
* 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.
For the Packaged Foods subindustry, Associated British Foods'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.
Associated British Foods Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Associated British Foods's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Associated British Foods'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.
Associated British Foods (ASBFY) has a Debt-to-Equity of 0.33 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Associated British Foods and its competitors. This is near median its historical median of 0.33. Over the past decade, Associated British Foods' Debt-to-Equity has ranged from 0.06 to 0.45. According to the industry distribution chart, Associated British Foods ranks #756 out of 1743 companies in the Consumer Packaged Goods industry, placing it in the top 43.4%.
Is Associated British Foods' Debt-to-Equity too high?
Associated British Foods' current Debt-to-Equity of 0.33 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.45. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Associated British Foods' value of 0.33 is 19.5% below this industry median. Based on the distribution chart, Associated British Foods ranks #756 out of 1743 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Associated British Foods has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Associated British Foods ranks #756 out of 1743 companies for Debt-to-Equity. This puts Associated British Foods in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Associated British Foods' value of 0.33 is 19.5% below this benchmark. Historically, Associated British Foods' own Debt-to-Equity has ranged from 0.06 to 0.45 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.41, Associated British Foods 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,743 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. Associated British Foods's current Debt-to-Equity of 0.33 is 19.5% 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 Associated British Foods and its competitors. For the Consumer Packaged Goods 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. Associated British Foods's current Debt-to-Equity is 0.33, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (ASBFY) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.11, compared to a current price of $26.59 — trading 11.7% below its estimated fair value. The current Debt-to-Equity is 0.33, which is near median its 10-year median of 0.33 and 19.5% below the Consumer Packaged Goods industry median of 0.41. Associated British Foods' overall GF Score™ is 80/100 with 2 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 Associated British Foods (ASBFY), the current Debt-to-Equity is 0.33 as of Feb. 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 Associated British Foods (ASBFY) Overvalued in 2026?
Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued.
The current stock price of $26.59 is trading 11.7% below its estimated GF Value™ of $30.11.
GuruFocus considers Associated British Foods to be Modestly Undervalued.
Key valuation signals for ASBFY:
Debt-to-Equity: 0.33 (near median its 10-year median of 0.33)
GF Value™: $30.11 vs. price of $26.59 (11.7% below fair value)
Industry Position: 19.5% below the Consumer Packaged Goods median (#756 of 1743)
No single metric tells the full story. See the ASBFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
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