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CP Axtra PCLBKK:CPAXT +0.68%42 Debt-to-Equity is 0.61 as of Jun. 2026, which is 5% above its 10-year median of 0.58. GuruFocus rates BKK:CPAXT with a GF Score™ of 42/100. The stock has 6 warning signs investors should review. Among 282 Retail - Defensive companies, CP Axtra PCL ranks worse than 53.9% 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 CP Axtra PCL's Debt-to-Equity or its related term are showing as below:
BKK:CPAXT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.58 Max: 1.05
Current: 0.61
During the past 13 years, the highest Debt-to-Equity Ratio of CP Axtra PCL was 1.05. The lowest was 0.42. And the median was 0.58.
BKK:CPAXT's Debt-to-Equity is ranked worse than 53.9% of 282
companies
in the Retail - Defensive industry
Industry Median: 0.555
vs BKK:CPAXT: 0.61
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.
CP Axtra PCL Debt-to-Equity Related Terms
CP Axtra PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for CP Axtra PCL'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.
BKK:CPAXT vs SYY, USFD, PFGC: Debt-to-Equity Comparison
For the Food Distribution subindustry, CP Axtra 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.
CP Axtra PCL Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CP Axtra PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CP Axtra 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.
CP Axtra PCL (BKK:CPAXT) has a Debt-to-Equity of 0.61 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CP Axtra PCL and its competitors. This is near median its historical median of 0.58. Over the past decade, CP Axtra PCL's Debt-to-Equity has ranged from 0.42 to 1.05. According to the industry distribution chart, CP Axtra PCL ranks #152 out of 282 companies in the Retail - Defensive industry, placing it in the top 53.9%.
Is CP Axtra PCL's Debt-to-Equity too high?
CP Axtra PCL's current Debt-to-Equity of 0.61 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.05. The Retail - Defensive industry median Debt-to-Equity is 0.56. CP Axtra PCL's value of 0.61 is 9.9% above this industry median. Based on the distribution chart, CP Axtra PCL ranks #152 out of 282 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, CP Axtra PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does CP Axtra PCL's Debt-to-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, CP Axtra PCL ranks #152 out of 282 companies for Debt-to-Equity. This places CP Axtra PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.56. CP Axtra PCL's value of 0.61 is 9.9% above this benchmark. Historically, CP Axtra PCL's own Debt-to-Equity has ranged from 0.42 to 1.05 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.56, CP Axtra PCL 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 Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 282 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. CP Axtra PCL's current Debt-to-Equity of 0.61 is 9.9% 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 CP Axtra PCL and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CP Axtra PCL's current Debt-to-Equity is 0.61, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CP Axtra PCL stock overvalued right now?
CP Axtra PCL (BKK:CPAXT) has a current Debt-to-Equity of 0.61. The current Debt-to-Equity is 0.61, which is near median its 10-year median of 0.58 and 9.9% above the Retail - Defensive industry median of 0.56. CP Axtra PCL's overall GF Score™ is 42/100 with 6 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 CP Axtra PCL (BKK:CPAXT), the current Debt-to-Equity is 0.61 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.
CP Axtra PCL operates Makro brand stores and frozen food shops across Thailand. The company conducts its business through three segments: Wholesale, Retail, and Mall. Its operations consist of the sale of goods through wholesale, retail, and mall businesses, as well as the rendering of services related to those businesses. The majority of the company's revenue is generated from the Wholesale segment. The company operates in Thailand, Malaysia, and other markets, with the majority of its revenue coming from Thailand.
42GF Score
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