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World Flex PCLBKK:WFX -3.85%43 Debt-to-Equity is 0.12 as of Jun. 2026, which is 25% below its 10-year median of 0.16. GuruFocus rates BKK:WFX with a GF Score™ of 43/100 and a GF Value™ of ฿0.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 935 Manufacturing - Apparel & Accessories companies, World Flex PCL ranks better than 77.65% 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 World Flex PCL's Debt-to-Equity or its related term are showing as below:
BKK:WFX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.16 Max: 0.83
Current: 0.12
During the past 7 years, the highest Debt-to-Equity Ratio of World Flex PCL was 0.83. The lowest was 0.05. And the median was 0.16.
BKK:WFX's Debt-to-Equity is ranked better than 77.65% of 935
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.41
vs BKK:WFX: 0.12
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.
World Flex PCL Debt-to-Equity Related Terms
World Flex PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for World Flex 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.
World Flex PCL Debt-to-Equity Competitor Comparison
For the Textile Manufacturing subindustry, World Flex 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.
World Flex PCL Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, World Flex PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where World Flex 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.
World Flex PCL (BKK:WFX) has a Debt-to-Equity of 0.12 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on World Flex PCL and its competitors. This is 25% below median its historical median of 0.16. Over the past decade, World Flex PCL's Debt-to-Equity has ranged from 0.05 to 0.83. According to the industry distribution chart, World Flex PCL ranks #209 out of 935 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.4%.
Is World Flex PCL's Debt-to-Equity too high?
World Flex PCL's current Debt-to-Equity of 0.12 is 25% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.83. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.41. World Flex PCL's value of 0.12 is 70.7% below this industry median. Based on the distribution chart, World Flex PCL ranks #209 out of 935 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, World Flex PCL has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does World Flex PCL's Debt-to-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, World Flex PCL ranks #209 out of 935 companies for Debt-to-Equity. This places World Flex PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. World Flex PCL's value of 0.12 is 70.7% below this benchmark. Historically, World Flex PCL's own Debt-to-Equity has ranged from 0.05 to 0.83 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.41, World Flex 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 Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.41, based on 935 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. World Flex PCL's current Debt-to-Equity of 0.12 is 70.7% 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 World Flex PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Flex PCL's current Debt-to-Equity is 0.12, which is 25% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Flex PCL stock overvalued right now?
Based on GuruFocus' analysis, World Flex PCL (BKK:WFX) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.88, compared to a current price of ฿1.25 — trading 42% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 25% below median its 10-year median of 0.16 and 70.7% below the Manufacturing - Apparel & Accessories industry median of 0.41. World Flex PCL's overall GF Score™ is 43/100 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 World Flex PCL (BKK:WFX), the current Debt-to-Equity is 0.12 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 World Flex PCL (BKK:WFX) Overvalued in 2026?
Based on GuruFocus' analysis, World Flex PCL stock appears to be overvalued.
The current stock price of ฿1.25 is trading 42% above its estimated GF Value™ of ฿0.88.
GuruFocus considers World Flex PCL to be Significantly Overvalued.
Key valuation signals for BKK:WFX:
Debt-to-Equity: 0.12 (25% below median its 10-year median of 0.16)
GF Value™: ฿0.88 vs. price of ฿1.25 (42% above fair value)
Industry Position: 70.7% below the Manufacturing - Apparel & Accessories median (#209 of 935)
No single metric tells the full story. See the BKK:WFX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
World Flex PCL is engaged in the manufacturing of high-quality rubber thread. Its products include rubber threads coated with talcum and rubber threads coated with polymer, both of which are ideal for the textile industry that requires softness and swiftness, and are also ideal for all types of machinery. Geographically, the company generates a majority of its revenue from the People's Republic of China and Asia (other than China), and also operates in Thailand, Europe, South and North America, and Africa.
43GF Score
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