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SHAPE AustraliaASX:SHA -0.63%36 Debt-to-Equity is 0.97 as of Dec. 2025, which is 11% above its 10-year median of 0.87. GuruFocus rates ASX:SHA with a GF Score™ of 36/100 and a GF Value™ of A$3.62 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,609 Construction companies, SHAPE Australia ranks worse than 74.95% 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 SHAPE Australia's Debt-to-Equity or its related term are showing as below:
ASX:SHA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.87 Max: 1.55
Current: 0.97
During the past 5 years, the highest Debt-to-Equity Ratio of SHAPE Australia was 1.55. The lowest was 0.23. And the median was 0.87.
ASX:SHA's Debt-to-Equity is ranked worse than 74.95% of 1609
companies
in the Construction industry
Industry Median: 0.41
vs ASX:SHA: 0.97
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.
SHAPE Australia Debt-to-Equity Related Terms
SHAPE Australia Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for SHAPE Australia'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:SHA vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, SHAPE Australia'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.
SHAPE Australia Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, SHAPE Australia's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SHAPE Australia'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.
SHAPE Australia (ASX:SHA) has a Debt-to-Equity of 0.97 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SHAPE Australia and its competitors. This is 11% above median its historical median of 0.87. Over the past decade, SHAPE Australia's Debt-to-Equity has ranged from 0.23 to 1.55. According to the industry distribution chart, SHAPE Australia ranks #1206 out of 1609 companies in the Construction industry, placing it in the top 75%.
Is SHAPE Australia's Debt-to-Equity too high?
SHAPE Australia's current Debt-to-Equity of 0.97 is 11% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.55. The Construction industry median Debt-to-Equity is 0.41. SHAPE Australia's value of 0.97 is 136.6% above this industry median. Based on the distribution chart, SHAPE Australia ranks #1206 out of 1609 companies in the Construction industry, which is below the industry midpoint. Overall, SHAPE Australia has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SHAPE Australia's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, SHAPE Australia ranks #1206 out of 1609 companies for Debt-to-Equity. This places SHAPE Australia in the lower half of its industry. The industry median Debt-to-Equity is 0.41. SHAPE Australia's value of 0.97 is 136.6% above this benchmark. Historically, SHAPE Australia's own Debt-to-Equity has ranged from 0.23 to 1.55 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.41, SHAPE Australia 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,609 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. SHAPE Australia's current Debt-to-Equity of 0.97 is 136.6% 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 SHAPE Australia and its competitors. For the Construction 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. SHAPE Australia's current Debt-to-Equity is 0.97, which is 11% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SHAPE Australia stock overvalued right now?
Based on GuruFocus' analysis, SHAPE Australia (ASX:SHA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.62, compared to a current price of A$6.30 — trading 74% above its estimated fair value. The current Debt-to-Equity is 0.97, which is 11% above median its 10-year median of 0.87 and 136.6% above the Construction industry median of 0.41. SHAPE Australia's overall GF Score™ is 36/100 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 SHAPE Australia (ASX:SHA), the current Debt-to-Equity is 0.97 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 SHAPE Australia (ASX:SHA) Overvalued in 2026?
Based on GuruFocus' analysis, SHAPE Australia stock appears to be overvalued.
The current stock price of A$6.30 is trading 74% above its estimated GF Value™ of A$3.62.
GuruFocus considers SHAPE Australia to be Significantly Overvalued.
Key valuation signals for ASX:SHA:
Debt-to-Equity: 0.97 (11% above median its 10-year median of 0.87)
GF Value™: A$3.62 vs. price of A$6.30 (74% above fair value)
Industry Position: 136.6% above the Construction median (#1206 of 1609)
No single metric tells the full story. See the ASX:SHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SHAPE Australia Corp Ltd is a specialist building contractor and construction manager, focused on commercial fit-out and refurbishments, with select capabilities in the new build.
36GF Score
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