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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 Trc Construction PCL's Debt-to-Equity or its related term are showing as below:
BKK:TRC-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: -103.36 Med: 1.04 Max: 59.32
Current: -10.71
During the past 13 years, the highest Debt-to-Equity Ratio of Trc Construction PCL was 59.32. The lowest was -103.36. And the median was 1.04.
BKK:TRC-R's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.4
vs BKK:TRC-R: -10.71
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.
Trc Construction PCL Debt-to-Equity Related Terms
Trc Construction PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Trc Construction 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:TRC-R vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Trc Construction 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.
Trc Construction PCL Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Trc Construction PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Trc Construction 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.
Trc Construction PCL (BKK:TRC-R) has a Debt-to-Equity of -10.71 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Trc Construction PCL and its competitors. According to the industry distribution chart, Trc Construction PCL ranks #999999 out of 1617 companies in the Construction industry.
Is Trc Construction PCL's Debt-to-Equity too high?
Trc Construction PCL's current Debt-to-Equity is -10.71. Based on the distribution chart, Trc Construction PCL ranks #999999 out of 1617 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Trc Construction PCL has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trc Construction PCL's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Trc Construction PCL ranks #999999 out of 1617 companies for Debt-to-Equity. This places Trc Construction PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.40. 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 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. 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 Trc Construction PCL and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trc Construction PCL's current Debt-to-Equity is -10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trc Construction PCL stock overvalued right now?
Based on GuruFocus' analysis, Trc Construction PCL (BKK:TRC-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.19, compared to a current price of ฿0.64 — trading 236.2% above its estimated fair value. The current Debt-to-Equity is -10.71. Trc Construction PCL's overall GF Score™ is 16/100 with 6 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 Trc Construction PCL (BKK:TRC-R), the current Debt-to-Equity is -10.71 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 Trc Construction PCL (BKK:TRC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Trc Construction PCL stock appears to be overvalued.
The current stock price of ฿0.64 is trading 236.2% above its estimated GF Value™ of ฿0.19.
GuruFocus considers Trc Construction PCL to be Significantly Overvalued.
Key valuation signals for BKK:TRC-R:
Debt-to-Equity: -10.71
GF Value™: ฿0.19 vs. price of ฿0.64 (236.2% above fair value)
No single metric tells the full story. See the BKK:TRC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trc Construction PCL is engaged in the construction business. It offers engineering design, procurement, construction, project management and maintenance services. The Group is organized into business units based on its products and services and have four reportable segments as follows: Pipeline System Construction segment, Civil Work Construction segment, Engineering System installation and factory construction for energy and petrochemical business segment, and Sales and Other Services. The Civil Work Segment derives maximum revenue. Geographically, it operates only in Thailand.
16GF Score
Get the complete analysis for BKK:TRC-R
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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