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Qualitech PCLBKK:QLT 59 Debt-to-Equity is 0.06 as of Mar. 2026, which is 200% above its 10-year median of 0.02. GuruFocus rates BKK:QLT with a GF Score™ of 59/100 and a GF Value™ of ฿2.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 961 Business Services companies, Qualitech PCL ranks better than 81.79% 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 Qualitech PCL's Debt-to-Equity or its related term are showing as below:
BKK:QLT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.09
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Qualitech PCL was 0.09. The lowest was 0.01. And the median was 0.02.
BKK:QLT's Debt-to-Equity is ranked better than 81.79% of 961
companies
in the Business Services industry
Industry Median: 0.33
vs BKK:QLT: 0.06
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.
Qualitech PCL Debt-to-Equity Related Terms
Qualitech PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Qualitech 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:QLT vs CTAS, CPRT, GPN: Debt-to-Equity Comparison
For the Specialty Business Services subindustry, Qualitech 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.
Qualitech PCL Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Qualitech PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Qualitech 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.
Qualitech PCL (BKK:QLT) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Qualitech PCL and its competitors. This is 200% above median its historical median of 0.02. Over the past decade, Qualitech PCL's Debt-to-Equity has ranged from 0.01 to 0.09. According to the industry distribution chart, Qualitech PCL ranks #175 out of 961 companies in the Business Services industry, placing it in the top 18.2%.
Is Qualitech PCL's Debt-to-Equity too high?
Qualitech PCL's current Debt-to-Equity of 0.06 is 200% above 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 0.09. The Business Services industry median Debt-to-Equity is 0.33. Qualitech PCL's value of 0.06 is 81.8% below this industry median. Based on the distribution chart, Qualitech PCL ranks #175 out of 961 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Qualitech PCL has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitech PCL's Debt-to-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Qualitech PCL ranks #175 out of 961 companies for Debt-to-Equity. This places Qualitech PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.33. Qualitech PCL's value of 0.06 is 81.8% below this benchmark. Historically, Qualitech PCL's own Debt-to-Equity has ranged from 0.01 to 0.09 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.33, Qualitech 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 961 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. Qualitech PCL's current Debt-to-Equity of 0.06 is 81.8% 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 Qualitech PCL and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitech PCL's current Debt-to-Equity is 0.06, which is 200% above 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 Qualitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Qualitech PCL (BKK:QLT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.28, compared to a current price of ฿2.02 — trading 11.4% below its estimated fair value. The current Debt-to-Equity is 0.06, which is 200% above median its 10-year median of 0.02 and 81.8% below the Business Services industry median of 0.33. Qualitech PCL's overall GF Score™ is 59/100 with 4 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 Qualitech PCL (BKK:QLT), the current Debt-to-Equity is 0.06 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 Qualitech PCL (BKK:QLT) Overvalued in 2026?
Based on GuruFocus' analysis, Qualitech PCL stock appears to be undervalued.
The current stock price of ฿2.02 is trading 11.4% below its estimated GF Value™ of ฿2.28.
GuruFocus considers Qualitech PCL to be Modestly Undervalued.
Key valuation signals for BKK:QLT:
Debt-to-Equity: 0.06 (200% above median its 10-year median of 0.02)
GF Value™: ฿2.28 vs. price of ฿2.02 (11.4% below fair value)
Industry Position: 81.8% below the Business Services median (#175 of 961)
No single metric tells the full story. See the BKK:QLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualitech PCL is engaged in the business of providing technical services, testing, inspection, and certification for the operation safety of industry equipment, pressure vessels, industrial boilers, piping and steel structures, which is important for the production process, storage, transport of the products in power generating, petrochemical industry, and construction to comply with industrial standard and the government laws. The Group's operations in both domestic and overseas geographical segments. The majority of revenue is from Domestic segment.
59GF Score
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