Ichitan Group PCLBKK:ICHI-R 95 Debt-to-Equity is 0.02 as of Mar. 2026, which is at its 10-year median of 0.02. GuruFocus rates BKK:ICHI-R with a GF Score™ of 95/100 and a GF Value™ of ฿11.53. The stock has 3 warning signs investors should review. Among 105 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks better than 90.48% 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 Ichitan Group PCL's Debt-to-Equity or its related term are showing as below:
BKK:ICHI-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.4
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of Ichitan Group PCL was 0.40. The lowest was 0.01. And the median was 0.02.
BKK:ICHI-R's Debt-to-Equity is ranked better than 90.48% of 105
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.26
vs BKK:ICHI-R: 0.02
Ichitan Group PCL (BKK:ICHI-R) Debt-to-Equity Explanation
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.
Ichitan Group PCL Debt-to-Equity Related Terms
Ichitan Group PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ichitan 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.
BKK:ICHI-R vs KO, PEP, MNST: Debt-to-Equity Comparison
For the Beverages - Non-Alcoholic subindustry, Ichitan 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.
Ichitan Group PCL Debt-to-Equity vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ichitan Group 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.
Ichitan Group PCL (BKK:ICHI-R) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ichitan Group PCL and its competitors. This is near median its historical median of 0.02. Over the past decade, Ichitan Group PCL's Debt-to-Equity has ranged from 0.01 to 0.40. According to the industry distribution chart, Ichitan Group PCL ranks #10 out of 105 companies in the Beverages - Non-Alcoholic industry, placing it in the top 9.5%.
Is Ichitan Group PCL's Debt-to-Equity too high?
Ichitan Group PCL's current Debt-to-Equity of 0.02 is near median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.40. The Beverages - Non-Alcoholic industry median Debt-to-Equity is 0.26. Ichitan Group PCL's value of 0.02 is 92.3% below this industry median. Based on the distribution chart, Ichitan Group PCL ranks #10 out of 105 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Debt-to-Equity compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #10 out of 105 companies for Debt-to-Equity. This places Ichitan Group PCL in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.26. Ichitan Group PCL's value of 0.02 is 92.3% below this benchmark. Historically, Ichitan Group PCL's own Debt-to-Equity has ranged from 0.01 to 0.40 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.26, Ichitan Group 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 Beverages - Non-Alcoholic company?
The median Debt-to-Equity among Beverages - Non-Alcoholic companies is 0.26, based on 105 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. Ichitan Group PCL's current Debt-to-Equity of 0.02 is 92.3% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Debt-to-Equity is 0.02, which is near median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Debt-to-Equity of 0.02. The stock's GF Value™ is ฿11.53, compared to a current price of ฿10.60 — trading 8.1% below its estimated fair value. The current Debt-to-Equity is 0.02, which is near median its 10-year median of 0.02 and 92.3% below the Beverages - Non-Alcoholic industry median of 0.26. Ichitan Group PCL's overall GF Score™ is 95/100 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 Ichitan Group PCL (BKK:ICHI-R), the current Debt-to-Equity is 0.02 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 8.1% below its estimated GF Value™ of ฿11.53.
Key valuation signals for BKK:ICHI-R:
Debt-to-Equity: 0.02 (near median its 10-year median of 0.02)
GF Value™: ฿11.53 vs. price of ฿10.60 (8.1% below fair value)
Industry Position: 92.3% below the Beverages - Non-Alcoholic median (#10 of 105)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
95GF Score
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