CPL Group PCL (BKK:CPL) Debt-to-Equity: 1.59 (As of Mar. 2026) — 49% Above Median

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BKK:CPL CPL Group PCL BKK:CPL
51 GF Score
Price ฿0.69
GF Value ฿1.14
Valuation Possible Value Trap
! 4 Warning Signs
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What is CPL Group PCL Debt-to-Equity?

CPL Group PCL BKK:CPL +1.47% 51 Debt-to-Equity is 1.59 as of Mar. 2026, which is 49% above its 10-year median of 1.07. GuruFocus rates BKK:CPL with a GF Score™ of 51/100 and a GF Value™ of ฿1.14 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 932 Manufacturing - Apparel & Accessories companies, CPL Group PCL ranks worse than 88.84% on this metric.

CPL Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿818 Mil. CPL Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿126 Mil. CPL Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿593 Mil. CPL Group PCL's debt to equity for the quarter that ended in Mar. 2026 was 1.59.

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 CPL Group PCL's Debt-to-Equity or its related term are showing as below:

BKK:CPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 1.07   Max: 1.59
Current: 1.59

During the past 13 years, the highest Debt-to-Equity Ratio of CPL Group PCL was 1.59. The lowest was 0.45. And the median was 1.07.

BKK:CPL's Debt-to-Equity is ranked worse than
88.84% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42 vs BKK:CPL: 1.59

CPL Group PCL  (BKK:CPL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


CPL Group PCL Debt-to-Equity Related Terms


CPL Group PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CPL Group 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.

CPL Group PCL Debt-to-Equity Chart

CPL Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.07 1.50 1.40 1.58

CPL Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.40 1.51 1.58 1.59

BKK:CPL vs NKE, DECK, ONON: Debt-to-Equity Comparison

For the Footwear & Accessories subindustry, CPL Group 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.


CPL Group PCL Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CPL Group PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CPL Group PCL's Debt-to-Equity falls into.


BKK:CPL
51GF Score
CPL Group PCL BKK:CPL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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CPL Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CPL Group PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CPL Group PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.59 mean?
CPL Group PCL (BKK:CPL) has a Debt-to-Equity of 1.59 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CPL Group PCL and its competitors. This is 49% above median its historical median of 1.07. Over the past decade, CPL Group PCL's Debt-to-Equity has ranged from 0.45 to 1.59. According to the industry distribution chart, CPL Group PCL ranks #828 out of 932 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 88.8%.
Is CPL Group PCL's Debt-to-Equity too high?
CPL Group PCL's current Debt-to-Equity of 1.59 is 49% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.59. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. CPL Group PCL's value of 1.59 is 278.6% above this industry median. Based on the distribution chart, CPL Group PCL ranks #828 out of 932 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, CPL Group PCL has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CPL Group PCL's Debt-to-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, CPL Group PCL ranks #828 out of 932 companies for Debt-to-Equity. This places CPL Group PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.42. CPL Group PCL's value of 1.59 is 278.6% above this benchmark. Historically, CPL Group PCL's own Debt-to-Equity has ranged from 0.45 to 1.59 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.42, CPL Group 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 932 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. CPL Group PCL's current Debt-to-Equity of 1.59 is 278.6% 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 CPL Group PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPL Group PCL's current Debt-to-Equity is 1.59, which is 49% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPL Group PCL stock overvalued right now?
Based on GuruFocus' analysis, CPL Group PCL (BKK:CPL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.14, compared to a current price of ฿0.69 — trading 39.5% below its estimated fair value. The current Debt-to-Equity is 1.59, which is 49% above median its 10-year median of 1.07 and 278.6% above the Manufacturing - Apparel & Accessories industry median of 0.42. CPL Group PCL's overall GF Score™ is 51/100 with 4 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 CPL Group PCL (BKK:CPL), the current Debt-to-Equity is 1.59 as of Mar. 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 CPL Group PCL (BKK:CPL) Overvalued in 2026?

Based on GuruFocus' analysis, CPL Group PCL stock appears to be undervalued. The current stock price of ฿0.69 is trading 39.5% below its estimated GF Value™ of ฿1.14. GuruFocus considers CPL Group PCL to be Possible Value Trap.

Key valuation signals for BKK:CPL:

  • Debt-to-Equity: 1.59 (49% above median its 10-year median of 1.07)
  • GF Value™: ฿1.14 vs. price of ฿0.69 (39.5% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 278.6% above the Manufacturing - Apparel & Accessories median (#828 of 932)

No single metric tells the full story. See the BKK:CPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPL Group PCL Business Description

Address 700 Moo 6 Sukhumvit Road, Bangpoo-Mai, Mueang Samutprakan, Samutprakarn, THA, 10280
CPL Group PCL engages in the businesses of manufacturing and distribution of leather products, rendering of tanning service and manufacturing and distribution of personal protective equipment. Its product ranges from aniline leather, pigmented leather, oiled leather, waterproof leather, thru to split suede and finished splits. The company's segments include Tannery industry segment which has revenue from sales of finished leather products and rendering service of tanning and the Personal protective equipment segment, which has revenue from sales of personal protective equipment products. It derives revenue from Finished leather segment.
51GF Score

Get the complete analysis for BKK:CPL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.69
Price
฿1.14
GF Value