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Zicom GroupASX:ZGL 38 Debt-to-Equity is 0.29 as of Dec. 2025, which is 37% below its 10-year median of 0.46. GuruFocus rates ASX:ZGL with a GF Score™ of 38/100 and a GF Value™ of A$0.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,680 Industrial Products companies, Zicom Group ranks worse than 50.22% 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 Zicom Group's Debt-to-Equity or its related term are showing as below:
ASX:ZGL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.46 Max: 0.94
Current: 0.29
During the past 13 years, the highest Debt-to-Equity Ratio of Zicom Group was 0.94. The lowest was 0.14. And the median was 0.46.
ASX:ZGL's Debt-to-Equity is ranked worse than 50.22% of 2680
companies
in the Industrial Products industry
Industry Median: 0.28
vs ASX:ZGL: 0.29
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.
Zicom Group Debt-to-Equity Related Terms
Zicom Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Zicom 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:ZGL vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, Zicom 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.
Zicom Group Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zicom Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zicom 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.
Zicom Group (ASX:ZGL) has a Debt-to-Equity of 0.29 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zicom Group and its competitors. This is 37% below median its historical median of 0.46. Over the past decade, Zicom Group's Debt-to-Equity has ranged from 0.14 to 0.94. According to the industry distribution chart, Zicom Group ranks #1346 out of 2680 companies in the Industrial Products industry, placing it in the top 50.2%.
Is Zicom Group's Debt-to-Equity too high?
Zicom Group's current Debt-to-Equity of 0.29 is 37% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.94. The Industrial Products industry median Debt-to-Equity is 0.28. Zicom Group's value of 0.29 is 3.6% above this industry median. Based on the distribution chart, Zicom Group ranks #1346 out of 2680 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zicom Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zicom Group's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zicom Group ranks #1346 out of 2680 companies for Debt-to-Equity. This places Zicom Group in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Zicom Group's value of 0.29 is 3.6% above this benchmark. Historically, Zicom Group's own Debt-to-Equity has ranged from 0.14 to 0.94 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.28, Zicom 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 2,680 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. Zicom Group's current Debt-to-Equity of 0.29 is 3.6% 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 Zicom 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. Zicom Group's current Debt-to-Equity is 0.29, which is 37% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zicom Group stock overvalued right now?
Based on GuruFocus' analysis, Zicom Group (ASX:ZGL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.07, compared to a current price of A$0.12 — trading 71.4% above its estimated fair value. The current Debt-to-Equity is 0.29, which is 37% below median its 10-year median of 0.46 and 3.6% above the Industrial Products industry median of 0.28. Zicom Group's overall GF Score™ is 38/100 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 Zicom Group (ASX:ZGL), the current Debt-to-Equity is 0.29 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 Zicom Group (ASX:ZGL) Overvalued in 2026?
Based on GuruFocus' analysis, Zicom Group stock appears to be overvalued.
The current stock price of A$0.12 is trading 71.4% above its estimated GF Value™ of A$0.07.
GuruFocus considers Zicom Group to be Significantly Overvalued.
Key valuation signals for ASX:ZGL:
Debt-to-Equity: 0.29 (37% below median its 10-year median of 0.46)
GF Value™: A$0.07 vs. price of A$0.12 (71.4% above fair value)
Industry Position: 3.6% above the Industrial Products median (#1346 of 2680)
No single metric tells the full story. See the ASX:ZGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zicom Group Ltd is engaged in engineering, procurement and construction of gas processing plants and compressor stations, design and supply of deck machinery, LNG propulsion systems, manufacturing of foundation equipment and concrete mixers, rental of foundation equipment, contract manufacturing of medical devices and full turnkey equipment, factory automation solutions and related parts and services. Its segments include Green Energy, Gas & Marine Equipment; Construction Equipment, and Precision Engineering & Technologies. Geographically, its operations are spread across Australia, Malaysia, Singapore, China, United States, Bangladesh, Thailand, New Zealand, Switzerland, Philippines, Others.
38GF Score
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