Metro Systems PCL (BKK:MSC-R) Debt-to-Equity: 0.29 (As of Mar. 2026) — 71% Above Median

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BKK:MSC-R Metro Systems Corp PCL BKK:MSC-R
65 GF Score
Price ฿7.70
GF Value ฿9.46
! 7 Warning Signs
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What is Metro Systems PCL Debt-to-Equity?

Metro Systems PCL BKK:MSC-R 65 Debt-to-Equity is 0.29 as of Mar. 2026, which is 71% above its 10-year median of 0.17. GuruFocus rates BKK:MSC-R with a GF Score™ of 65/100 and a GF Value™ of ฿9.46. The stock has 7 warning signs investors should review. Among 2,218 Hardware companies, Metro Systems PCL ranks worse than 51.58% on this metric.

Metro Systems PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿440 Mil. Metro Systems PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿247 Mil. Metro Systems PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿2,351 Mil. Metro Systems PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.29.

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

BKK:MSC-R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.17   Max: 0.37
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Metro Systems PCL was 0.37. The lowest was 0.02. And the median was 0.17.

BKK:MSC-R's Debt-to-Equity is ranked worse than
51.58% of 2218 companies
in the Hardware industry
Industry Median: 0.27 vs BKK:MSC-R: 0.29

Metro Systems PCL  (BKK:MSC-R) 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.


Metro Systems PCL Debt-to-Equity Related Terms


Metro Systems PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Metro Systems 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.

Metro Systems PCL Debt-to-Equity Chart

Metro Systems 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 0.07 0.30 0.04 0.37 0.30

Metro Systems 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 0.35 0.28 0.34 0.30 0.29

BKK:MSC-R vs SNX, ARW, AVT: Debt-to-Equity Comparison

For the Electronics & Computer Distribution subindustry, Metro Systems 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.


Metro Systems PCL Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Metro Systems PCL's Debt-to-Equity distribution charts can be found below:

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


BKK:MSC-R
65GF Score
Metro Systems Corp PCL BKK:MSC-R
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Metro Systems PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Metro Systems 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 0.29 mean?
Metro Systems PCL (BKK:MSC-R) has a Debt-to-Equity of 0.29 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Metro Systems PCL and its competitors. This is 71% above median its historical median of 0.17. Over the past decade, Metro Systems PCL's Debt-to-Equity has ranged from 0.02 to 0.37. According to the industry distribution chart, Metro Systems PCL ranks #1144 out of 2218 companies in the Hardware industry, placing it in the top 51.6%.
Is Metro Systems PCL's Debt-to-Equity too high?
Metro Systems PCL's current Debt-to-Equity of 0.29 is 71% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.37. The Hardware industry median Debt-to-Equity is 0.27. Metro Systems PCL's value of 0.29 is 7.4% above this industry median. Based on the distribution chart, Metro Systems PCL ranks #1144 out of 2218 companies in the Hardware industry, which is below the industry midpoint. Overall, Metro Systems PCL has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Metro Systems PCL's Debt-to-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Metro Systems PCL ranks #1144 out of 2218 companies for Debt-to-Equity. This places Metro Systems PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Metro Systems PCL's value of 0.29 is 7.4% above this benchmark. Historically, Metro Systems PCL's own Debt-to-Equity has ranged from 0.02 to 0.37 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.27, Metro Systems 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,218 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. Metro Systems PCL's current Debt-to-Equity of 0.29 is 7.4% 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 Metro Systems PCL and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Systems PCL's current Debt-to-Equity is 0.29, which is 71% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Systems PCL stock overvalued right now?
Metro Systems PCL (BKK:MSC-R) has a current Debt-to-Equity of 0.29. The stock's GF Value™ is ฿9.46, compared to a current price of ฿7.70 — trading 18.6% below its estimated fair value. The current Debt-to-Equity is 0.29, which is 71% above median its 10-year median of 0.17 and 7.4% above the Hardware industry median of 0.27. Metro Systems PCL's overall GF Score™ is 65/100 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 Metro Systems PCL (BKK:MSC-R), the current Debt-to-Equity is 0.29 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 Metro Systems PCL (BKK:MSC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Systems PCL stock appears to be undervalued. The current stock price of ฿7.70 is trading 18.6% below its estimated GF Value™ of ฿9.46.

Key valuation signals for BKK:MSC-R:

  • Debt-to-Equity: 0.29 (71% above median its 10-year median of 0.17)
  • GF Value™: ฿9.46 vs. price of ฿7.70 (18.6% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 7.4% above the Hardware median (#1144 of 2218)

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


Metro Systems PCL Business Description

Other Exchanges MSC:Thailand
Address 400 Chalermprakiat Rama IX Road, Nong Bon Subdistrict, Prawet District, Bangkok, THA, 10250
Metro Systems Corp PCL is a Thailand-based company. Together with its subsidiaries, the company is engaged in trading computers and equipment, software, supplies, office equipment, and related services. It operates in four segments namely Sales computers and equipment, Sales and installation software, Sales supplies and office equipment, and Rental and other services. It derives key revenue from the Sales and installation software. Some of its product includes Systems and servers, Supplies and peripherals, E-Business Solution, Software, and Services.
65GF Score

Get the complete analysis for BKK:MSC-R

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

฿7.70
Price
฿9.46
GF Value