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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 WICE Logistics PCL's Debt-to-Equity or its related term are showing as below:
BKK:WICE-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.21 Max: 0.3
Current: 0.22
During the past 12 years, the highest Debt-to-Equity Ratio of WICE Logistics PCL was 0.30. The lowest was 0.00. And the median was 0.21.
BKK:WICE-R's Debt-to-Equity is ranked better than 75.52% of 911
companies
in the Transportation industry
Industry Median: 0.53
vs BKK:WICE-R: 0.22
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.
WICE Logistics PCL Debt-to-Equity Related Terms
WICE Logistics PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for WICE Logistics 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:WICE-R vs UPS, FDX, JBHT: Debt-to-Equity Comparison
For the Integrated Freight & Logistics subindustry, WICE Logistics 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.
WICE Logistics PCL Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, WICE Logistics PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where WICE Logistics 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.
WICE Logistics PCL (BKK:WICE-R) has a Debt-to-Equity of 0.22 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on WICE Logistics PCL and its competitors. This is near median its historical median of 0.21. According to the industry distribution chart, WICE Logistics PCL ranks #223 out of 911 companies in the Transportation industry, placing it in the top 24.5%.
Is WICE Logistics PCL's Debt-to-Equity too high?
WICE Logistics PCL's current Debt-to-Equity of 0.22 is near median its 10-year median of 0.21. The Transportation industry median Debt-to-Equity is 0.53. WICE Logistics PCL's value of 0.22 is 58.5% below this industry median. Based on the distribution chart, WICE Logistics PCL ranks #223 out of 911 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, WICE Logistics PCL has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does WICE Logistics PCL's Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, WICE Logistics PCL ranks #223 out of 911 companies for Debt-to-Equity. This places WICE Logistics PCL in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.53. WICE Logistics PCL's value of 0.22 is 58.5% below this benchmark. While the company's 10-year median is 0.21 vs. the industry median of 0.53, WICE Logistics 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 911 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. WICE Logistics PCL's current Debt-to-Equity of 0.22 is 58.5% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current Debt-to-Equity is 0.22, which is near median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WICE Logistics PCL stock overvalued right now?
WICE Logistics PCL (BKK:WICE-R) has a current Debt-to-Equity of 0.22. The stock's GF Value™ is ฿4.57, compared to a current price of ฿3.26 — trading 28.6% below its estimated fair value. The current Debt-to-Equity is 0.22, which is near median its 10-year median of 0.21 and 58.5% below the Transportation industry median of 0.53. WICE Logistics PCL's overall GF Score™ is 78/100 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 WICE Logistics PCL (BKK:WICE-R), the current Debt-to-Equity is 0.22 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 WICE Logistics PCL (BKK:WICE-R) Overvalued in 2026?
Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued.
The current stock price of ฿3.26 is trading 28.6% below its estimated GF Value™ of ฿4.57.
Key valuation signals for BKK:WICE-R:
Debt-to-Equity: 0.22 (near median its 10-year median of 0.21)
GF Value™: ฿4.57 vs. price of ฿3.26 (28.6% below fair value)
Industry Position: 58.5% below the Transportation median (#223 of 911)
No single metric tells the full story. See the BKK:WICE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.
78GF Score
Get the complete analysis for BKK:WICE-R
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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