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IPD GroupASX:IPG +2.23%67 Debt-to-Equity is 0.42 as of Dec. 2025, which is 91% above its 10-year median of 0.22. GuruFocus rates ASX:IPG with a GF Score™ of 67/100 and a GF Value™ of A$5.96 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,679 Industrial Products companies, IPD Group ranks worse than 62.26% 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 IPD Group's Debt-to-Equity or its related term are showing as below:
ASX:IPG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.22 Max: 0.42
Current: 0.42
During the past 5 years, the highest Debt-to-Equity Ratio of IPD Group was 0.42. The lowest was 0.09. And the median was 0.22.
ASX:IPG's Debt-to-Equity is ranked worse than 62.26% of 2679
companies
in the Industrial Products industry
Industry Median: 0.28
vs ASX:IPG: 0.42
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.
IPD Group Debt-to-Equity Related Terms
IPD Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for IPD Group'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.
ASX:IPG vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, IPD Group'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.
IPD Group Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IPD Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where IPD Group'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.
IPD Group (ASX:IPG) has a Debt-to-Equity of 0.42 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IPD Group and its competitors. This is 91% above median its historical median of 0.22. Over the past decade, IPD Group's Debt-to-Equity has ranged from 0.09 to 0.42. According to the industry distribution chart, IPD Group ranks #1668 out of 2679 companies in the Industrial Products industry, placing it in the top 62.3%.
Is IPD Group's Debt-to-Equity too high?
IPD Group's current Debt-to-Equity of 0.42 is 91% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.42. The Industrial Products industry median Debt-to-Equity is 0.28. IPD Group's value of 0.42 is 50% above this industry median. Based on the distribution chart, IPD Group ranks #1668 out of 2679 companies in the Industrial Products industry, which is below the industry midpoint. Overall, IPD Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPD Group's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, IPD Group ranks #1668 out of 2679 companies for Debt-to-Equity. This places IPD Group in the lower half of its industry. The industry median Debt-to-Equity is 0.28. IPD Group's value of 0.42 is 50% above this benchmark. Historically, IPD Group's own Debt-to-Equity has ranged from 0.09 to 0.42 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.28, IPD Group 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 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. IPD Group's current Debt-to-Equity of 0.42 is 50% 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 IPD Group and its competitors. For the Industrial Products 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. IPD Group's current Debt-to-Equity is 0.42, which is 91% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPD Group stock overvalued right now?
Based on GuruFocus' analysis, IPD Group (ASX:IPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.96, compared to a current price of A$5.05 — trading 15.3% below its estimated fair value. The current Debt-to-Equity is 0.42, which is 91% above median its 10-year median of 0.22 and 50% above the Industrial Products industry median of 0.28. IPD Group's overall GF Score™ is 67/100 with 1 warning sign 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 IPD Group (ASX:IPG), the current Debt-to-Equity is 0.42 as of Dec. 2025. 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 IPD Group (ASX:IPG) Overvalued in 2026?
Based on GuruFocus' analysis, IPD Group stock appears to be undervalued.
The current stock price of A$5.05 is trading 15.3% below its estimated GF Value™ of A$5.96.
GuruFocus considers IPD Group to be Modestly Undervalued.
Key valuation signals for ASX:IPG:
Debt-to-Equity: 0.42 (91% above median its 10-year median of 0.22)
GF Value™: A$5.96 vs. price of A$5.05 (15.3% below fair value)
Industry Position: 50% above the Industrial Products median (#1668 of 2679)
No single metric tells the full story. See the ASX:IPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPD Group Ltd is a national distributor and service provider to the Australian electrical market. Its operating segment includes the Products division and Services division. The majority of the company's revenue is generated from its Products division, which is focused on the sale of electrical infrastructure products to customers, including switchboard manufacturers, electrical wholesalers, electrical contractors, power utilities, OEMs, and system integrators. It offers products across various categories such as power distribution, industrial and motor control, power monitoring, and electrical cables and cable plugs, among others. The Services division provides various services, including installation and commissioning, calibration and testing, maintenance and repairs, and refurbishment.
67GF Score
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