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KMD BrandsASX:KMD +2.35%47 Debt-to-Equity is 0.60 as of Jan. 2026, which is 22% above its 10-year median of 0.49. GuruFocus rates ASX:KMD with a GF Score™ of 47/100 and a GF Value™ of A$5.72 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 936 Manufacturing - Apparel & Accessories companies, KMD Brands ranks worse than 61.97% 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 KMD Brands's Debt-to-Equity or its related term are showing as below:
ASX:KMD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.49 Max: 1.14
Current: 0.6
During the past 13 years, the highest Debt-to-Equity Ratio of KMD Brands was 1.14. The lowest was 0.03. And the median was 0.49.
ASX:KMD's Debt-to-Equity is ranked worse than 61.97% of 936
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43
vs ASX:KMD: 0.60
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.
KMD Brands Debt-to-Equity Related Terms
KMD Brands Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for KMD Brands'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:KMD vs RL, LEVI, VFC: Debt-to-Equity Comparison
For the Apparel Manufacturing subindustry, KMD Brands'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.
KMD Brands Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KMD Brands's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where KMD Brands'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.
KMD Brands (ASX:KMD) has a Debt-to-Equity of 0.60 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on KMD Brands and its competitors. This is 22% above median its historical median of 0.49. Over the past decade, KMD Brands' Debt-to-Equity has ranged from 0.03 to 1.14. According to the industry distribution chart, KMD Brands ranks #580 out of 936 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62%.
Is KMD Brands' Debt-to-Equity too high?
KMD Brands' current Debt-to-Equity of 0.60 is 22% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.14. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.43. KMD Brands' value of 0.60 is 39.5% above this industry median. Based on the distribution chart, KMD Brands ranks #580 out of 936 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, KMD Brands has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KMD Brands' Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KMD Brands ranks #580 out of 936 companies for Debt-to-Equity. This places KMD Brands in the lower half of its industry. The industry median Debt-to-Equity is 0.43. KMD Brands' value of 0.60 is 39.5% above this benchmark. Historically, KMD Brands' own Debt-to-Equity has ranged from 0.03 to 1.14 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.43, KMD Brands 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.43, based on 936 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. KMD Brands's current Debt-to-Equity of 0.60 is 39.5% 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 KMD Brands and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KMD Brands's current Debt-to-Equity is 0.60, which is 22% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KMD Brands stock overvalued right now?
Based on GuruFocus' analysis, KMD Brands (ASX:KMD) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.72, compared to a current price of A$1.53 — trading 73.3% below its estimated fair value. The current Debt-to-Equity is 0.60, which is 22% above median its 10-year median of 0.49 and 39.5% above the Manufacturing - Apparel & Accessories industry median of 0.43. KMD Brands' overall GF Score™ is 47/100 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 KMD Brands (ASX:KMD), the current Debt-to-Equity is 0.60 as of Jan. 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 KMD Brands (ASX:KMD) Overvalued in 2026?
Based on GuruFocus' analysis, KMD Brands stock appears to be undervalued.
The current stock price of A$1.53 is trading 73.3% below its estimated GF Value™ of A$5.72.
GuruFocus considers KMD Brands to be Possible Value Trap.
Key valuation signals for ASX:KMD:
Debt-to-Equity: 0.60 (22% above median its 10-year median of 0.49)
GF Value™: A$5.72 vs. price of A$1.53 (73.3% below fair value)
Industry Position: 39.5% above the Manufacturing - Apparel & Accessories median (#580 of 936)
No single metric tells the full story. See the ASX:KMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from the Kathmandu segment.
47GF Score
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