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Green Resources PCLBKK:GREEN +1.32%38 Debt-to-Equity is 0.21 as of Jun. 2026, which is 32% below its 10-year median of 0.31. GuruFocus rates BKK:GREEN with a GF Score™ of 38/100 and a GF Value™ of ฿0.90 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, Green Resources PCL ranks better than 79.4% 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 Green Resources PCL's Debt-to-Equity or its related term are showing as below:
BKK:GREEN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.31 Max: 0.43
Current: 0.21
During the past 13 years, the highest Debt-to-Equity Ratio of Green Resources PCL was 0.43. The lowest was 0.00. And the median was 0.31.
BKK:GREEN's Debt-to-Equity is ranked better than 79.4% of 398
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84
vs BKK:GREEN: 0.21
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.
Green Resources PCL Debt-to-Equity Related Terms
Green Resources PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Green Resources 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.
Green Resources PCL Debt-to-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Green Resources 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.
Green Resources PCL Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Green Resources PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Green Resources 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.
Green Resources PCL (BKK:GREEN) has a Debt-to-Equity of 0.21 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Green Resources PCL and its competitors. This is 32% below median its historical median of 0.31. According to the industry distribution chart, Green Resources PCL ranks #82 out of 398 companies in the Utilities - Independent Power Producers industry, placing it in the top 20.6%.
Is Green Resources PCL's Debt-to-Equity too high?
Green Resources PCL's current Debt-to-Equity of 0.21 is 32% below median its 10-year median of 0.31. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Green Resources PCL's value of 0.21 is 75% below this industry median. Based on the distribution chart, Green Resources PCL ranks #82 out of 398 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Green Resources PCL has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Green Resources PCL's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Green Resources PCL ranks #82 out of 398 companies for Debt-to-Equity. This places Green Resources PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.84. Green Resources PCL's value of 0.21 is 75% below this benchmark. While the company's 10-year median is 0.31 vs. the industry median of 0.84, Green Resources 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 an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 398 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. Green Resources PCL's current Debt-to-Equity of 0.21 is 75% 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 Green Resources PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Resources PCL's current Debt-to-Equity is 0.21, which is 32% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Resources PCL stock overvalued right now?
Based on GuruFocus' analysis, Green Resources PCL (BKK:GREEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.90, compared to a current price of ฿0.77 — trading 14.4% below its estimated fair value. The current Debt-to-Equity is 0.21, which is 32% below median its 10-year median of 0.31 and 75% below the Utilities - Independent Power Producers industry median of 0.84. Green Resources PCL's overall GF Score™ is 38/100 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 Green Resources PCL (BKK:GREEN), the current Debt-to-Equity is 0.21 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 Green Resources PCL (BKK:GREEN) Overvalued in 2026?
Based on GuruFocus' analysis, Green Resources PCL stock appears to be undervalued.
The current stock price of ฿0.77 is trading 14.4% below its estimated GF Value™ of ฿0.90.
GuruFocus considers Green Resources PCL to be Modestly Undervalued.
Key valuation signals for BKK:GREEN:
Debt-to-Equity: 0.21 (32% below median its 10-year median of 0.31)
GF Value™: ฿0.90 vs. price of ฿0.77 (14.4% below fair value)
Industry Position: 75% below the Utilities - Independent Power Producers median (#82 of 398)
No single metric tells the full story. See the BKK:GREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Green Resources PCL is engaged in the business of real estate development, generation and distribution of electricity from solar, sale of goods with the installation of solar-cell systems. The company's segments include Real Estate, Rental and related services, and Energy generated from solar-cell systems. It derives the majority of the revenue from Energy generating from the solar-cell segment. The Group operates in a single geographical area in Thailand.
38GF Score
Get the complete analysis for BKK:GREEN
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