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Capital Engineering Network PCLBKK:CEN-R 47 Debt-to-Equity is 0.14 as of Jun. 2026, which is 30% below its 10-year median of 0.20. GuruFocus rates BKK:CEN-R with a GF Score™ of 47/100 and a GF Value™ of ฿1.29 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 548 Steel companies, Capital Engineering Network PCL ranks better than 78.83% 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 Capital Engineering Network PCL's Debt-to-Equity or its related term are showing as below:
BKK:CEN-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.2 Max: 0.53
Current: 0.14
During the past 13 years, the highest Debt-to-Equity Ratio of Capital Engineering Network PCL was 0.53. The lowest was 0.12. And the median was 0.20.
BKK:CEN-R's Debt-to-Equity is ranked better than 78.83% of 548
companies
in the Steel industry
Industry Median: 0.405
vs BKK:CEN-R: 0.14
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.
Capital Engineering Network PCL Debt-to-Equity Related Terms
Capital Engineering Network PCL 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.
Capital Engineering Network PCL Debt-to-Equity Chart
BKK:CEN-R vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Capital Engineering Network PCL'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.
Capital Engineering Network PCL Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Capital Engineering Network PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Capital Engineering Network PCL'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.
Capital Engineering Network PCL (BKK:CEN-R) has a Debt-to-Equity of 0.14 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Capital Engineering Network PCL and its competitors. This is 30% below median its historical median of 0.20. Over the past decade, Capital Engineering Network PCL's Debt-to-Equity has ranged from 0.12 to 0.53. According to the industry distribution chart, Capital Engineering Network PCL ranks #116 out of 548 companies in the Steel industry, placing it in the top 21.2%.
Is Capital Engineering Network PCL's Debt-to-Equity too high?
Capital Engineering Network PCL's current Debt-to-Equity of 0.14 is 30% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.53. The Steel industry median Debt-to-Equity is 0.41. Capital Engineering Network PCL's value of 0.14 is 65.4% below this industry median. Based on the distribution chart, Capital Engineering Network PCL ranks #116 out of 548 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Capital Engineering Network PCL 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 Capital Engineering Network PCL's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Capital Engineering Network PCL ranks #116 out of 548 companies for Debt-to-Equity. This places Capital Engineering Network PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Capital Engineering Network PCL's value of 0.14 is 65.4% below this benchmark. Historically, Capital Engineering Network PCL's own Debt-to-Equity has ranged from 0.12 to 0.53 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.41, Capital Engineering Network PCL 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 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. Capital Engineering Network PCL's current Debt-to-Equity of 0.14 is 65.4% 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 Capital Engineering Network PCL and its competitors. For the Steel 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. Capital Engineering Network PCL's current Debt-to-Equity is 0.14, which is 30% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Engineering Network PCL stock overvalued right now?
Based on GuruFocus' analysis, Capital Engineering Network PCL (BKK:CEN-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.29, compared to a current price of ฿0.56 — trading 56.6% below its estimated fair value. The current Debt-to-Equity is 0.14, which is 30% below median its 10-year median of 0.20 and 65.4% below the Steel industry median of 0.41. Capital Engineering Network PCL's 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 Capital Engineering Network PCL (BKK:CEN-R), the current Debt-to-Equity is 0.14 as of Jun. 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 Capital Engineering Network PCL (BKK:CEN-R) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Engineering Network PCL stock appears to be undervalued.
The current stock price of ฿0.56 is trading 56.6% below its estimated GF Value™ of ฿1.29.
GuruFocus considers Capital Engineering Network PCL to be Possible Value Trap.
Key valuation signals for BKK:CEN-R:
Debt-to-Equity: 0.14 (30% below median its 10-year median of 0.20)
GF Value™: ฿1.29 vs. price of ฿0.56 (56.6% below fair value)
Industry Position: 65.4% below the Steel median (#116 of 548)
No single metric tells the full story. See the BKK:CEN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Engineering Network PCL is engaged in the production and distribution of engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are investing in other companies segment, steel wire segment, production and distribution of high voltage transmission tower and telecommunication tower, electricity and thermal energy segment, distribution of goods segment, telecom implementation service segment and clinic service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand and Steel Wire Segment.
47GF Score
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