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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 NFC PCL's Debt-to-Equity or its related term are showing as below:
BKK:NFC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 2.33 Max: 4.58
Current: 2.77
During the past 13 years, the highest Debt-to-Equity Ratio of NFC PCL was 4.58. The lowest was 0.06. And the median was 2.33.
BKK:NFC's Debt-to-Equity is not ranked
in the Agriculture industry.
Industry Median: 0.37
vs BKK:NFC: 2.77
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.
NFC PCL Debt-to-Equity Related Terms
NFC PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for NFC 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:NFC vs CTVA, CF, MOS: Debt-to-Equity Comparison
For the Agricultural Inputs subindustry, NFC 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.
NFC PCL Debt-to-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, NFC PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NFC 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.
NFC PCL (BKK:NFC) has a Debt-to-Equity of 2.77 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NFC PCL and its competitors. This is 19% above median its historical median of 2.33. Over the past decade, NFC PCL's Debt-to-Equity has ranged from 0.06 to 4.58.
Is NFC PCL's Debt-to-Equity too high?
NFC PCL's current Debt-to-Equity of 2.77 is 19% above median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 4.58. The Agriculture industry median Debt-to-Equity is 0.37. NFC PCL's value of 2.77 is 648.6% above this industry median. Overall, NFC PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does NFC PCL's Debt-to-Equity compare to CTVA and CF?
NFC PCL's Debt-to-Equity of 2.77 can be compared against companies in the Agriculture industry. The industry median Debt-to-Equity is 0.37. NFC PCL's value of 2.77 is 648.6% above this benchmark. Historically, NFC PCL's own Debt-to-Equity has ranged from 0.06 to 4.58 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 0.37, NFC 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 an Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.37, based on 233 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. NFC PCL's current Debt-to-Equity of 2.77 is 648.6% 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 NFC PCL and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NFC PCL's current Debt-to-Equity is 2.77, which is 19% above median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFC PCL stock overvalued right now?
NFC PCL (BKK:NFC) has a current Debt-to-Equity of 2.77. The stock's GF Value™ is ฿3.56, compared to a current price of ฿1.23 — trading 65.4% below its estimated fair value. The current Debt-to-Equity is 2.77, which is 19% above median its 10-year median of 2.33 and 648.6% above the Agriculture industry median of 0.37. NFC PCL's overall GF Score™ is 8/100 with 5 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 NFC PCL (BKK:NFC), the current Debt-to-Equity is 2.77 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 NFC PCL (BKK:NFC) Overvalued in 2026?
Based on GuruFocus' analysis, NFC PCL stock appears to be undervalued.
The current stock price of ฿1.23 is trading 65.4% below its estimated GF Value™ of ฿3.56.
Key valuation signals for BKK:NFC:
Debt-to-Equity: 2.77 (19% above median its 10-year median of 2.33)
GF Value™: ฿3.56 vs. price of ฿1.23 (65.4% below fair value)
Industry Position: 648.6% above the Agriculture median
No single metric tells the full story. See the BKK:NFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NFC PCL core business activity is the sale of chemical products and the provision of other chemical related services. The Company also provides port and warehousing services, as well as logistics and liquid storage services. Its products and services include ammonia, ammonium hydroxide, sulfuric acid, warehousing services, logistics and liquid storage services, and port services. The Company operates through three reportable segments: Chemical, which generates the majority of the revenue; Service Fuel Tank Farm; and Port Service and Other.
8GF Score
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