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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 KGI Securities (Thailand) PCL's Debt-to-Equity or its related term are showing as below:
BKK:KGI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.73 Max: 1.53
Current: 0.94
During the past 13 years, the highest Debt-to-Equity Ratio of KGI Securities (Thailand) PCL was 1.53. The lowest was 0.24. And the median was 0.73.
BKK:KGI's Debt-to-Equity is ranked worse than 69.32% of 616
companies
in the Capital Markets industry
Industry Median: 0.315
vs BKK:KGI: 0.94
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.
KGI Securities (Thailand) PCL Debt-to-Equity Related Terms
KGI Securities (Thailand) 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.
BKK:KGI vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, KGI Securities (Thailand) 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.
KGI Securities (Thailand) PCL Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, KGI Securities (Thailand) PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where KGI Securities (Thailand) 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.
KGI Securities (Thailand) PCL (BKK:KGI) has a Debt-to-Equity of 0.94 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on KGI Securities (Thailand) PCL and its competitors. This is 29% above median its historical median of 0.73. Over the past decade, KGI Securities (Thailand) PCL's Debt-to-Equity has ranged from 0.24 to 1.53. According to the industry distribution chart, KGI Securities (Thailand) PCL ranks #427 out of 616 companies in the Capital Markets industry, placing it in the top 69.3%.
Is KGI Securities (Thailand) PCL's Debt-to-Equity too high?
KGI Securities (Thailand) PCL's current Debt-to-Equity of 0.94 is 29% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.53. The Capital Markets industry median Debt-to-Equity is 0.32. KGI Securities (Thailand) PCL's value of 0.94 is 198.4% above this industry median. Based on the distribution chart, KGI Securities (Thailand) PCL ranks #427 out of 616 companies in the Capital Markets industry, which is below the industry midpoint. Overall, KGI Securities (Thailand) PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KGI Securities (Thailand) PCL's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, KGI Securities (Thailand) PCL ranks #427 out of 616 companies for Debt-to-Equity. This places KGI Securities (Thailand) PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.32. KGI Securities (Thailand) PCL's value of 0.94 is 198.4% above this benchmark. Historically, KGI Securities (Thailand) PCL's own Debt-to-Equity has ranged from 0.24 to 1.53 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.32, KGI Securities (Thailand) 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 616 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. KGI Securities (Thailand) PCL's current Debt-to-Equity of 0.94 is 198.4% 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 KGI Securities (Thailand) PCL and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KGI Securities (Thailand) PCL's current Debt-to-Equity is 0.94, which is 29% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL (BKK:KGI) is currently considered Fairly Valued. The stock's GF Value™ is ฿5.02, compared to a current price of ฿4.86 — trading 3.2% below its estimated fair value. The current Debt-to-Equity is 0.94, which is 29% above median its 10-year median of 0.73 and 198.4% above the Capital Markets industry median of 0.32. KGI Securities (Thailand) PCL's overall GF Score™ is 70/100 with 7 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 KGI Securities (Thailand) PCL (BKK:KGI), the current Debt-to-Equity is 0.94 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 KGI Securities (Thailand) PCL (BKK:KGI) Overvalued in 2026?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿4.86 is trading 3.2% below its estimated GF Value™ of ฿5.02.
GuruFocus considers KGI Securities (Thailand) PCL to be Fairly Valued.
Key valuation signals for BKK:KGI:
Debt-to-Equity: 0.94 (29% above median its 10-year median of 0.73)
GF Value™: ฿5.02 vs. price of ฿4.86 (3.2% below fair value)
Industry Position: 198.4% above the Capital Markets median (#427 of 616)
No single metric tells the full story. See the BKK:KGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KGI Securities (Thailand) PCL is a Thailand-based company engaged in the securities and derivatives business. Its business activities include securities brokerage, securities dealing, investment advisory, securities underwriting, securities borrowing and lending, securities registrar, derivatives brokerage, financial advisory, over-the-counter derivative business, sales agent of mutual fund units, and others. The operating segments of the company are the Securities and derivatives brokerage segment, Investment banking segment, Security trading segment and Asset management segment, of which key revenue is generated from the security trading segment. Geographically, the company operates in Thailand.
70GF Score
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