Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bragg Gaming GroupBRAG +10.89%49 Debt-to-Equity is 0.11 as of Mar. 2026, which is 38% above its 10-year median of 0.08. GuruFocus rates BRAG with a GF Score™ of 49/100 and a GF Value™ of $4.49 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 720 Travel & Leisure companies, Bragg Gaming Group ranks better than 79.86% 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 Bragg Gaming Group's Debt-to-Equity or its related term are showing as below:
BRAG'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.32 Med: 0.08 Max: 4.87
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of Bragg Gaming Group was 4.87. The lowest was -0.32. And the median was 0.08.
BRAG's Debt-to-Equity is ranked better than 79.86% of 720
companies
in the Travel & Leisure industry
Industry Median: 0.425
vs BRAG: 0.11
Bragg Gaming Group (NAS:BRAG) Debt-to-Equity Explanation
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.
Bragg Gaming Group Debt-to-Equity Related Terms
Bragg Gaming Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bragg Gaming Group'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.
BRAG vs FLUT, DKNG, SGHC: Debt-to-Equity Comparison
For the Gambling subindustry, Bragg Gaming Group'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.
Bragg Gaming Group Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Bragg Gaming Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bragg Gaming Group'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.
Bragg Gaming Group (BRAG) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bragg Gaming Group and its competitors. This is 38% above median its historical median of 0.08. According to the industry distribution chart, Bragg Gaming Group ranks #145 out of 720 companies in the Travel & Leisure industry, placing it in the top 20.1%.
Is Bragg Gaming Group's Debt-to-Equity too high?
Bragg Gaming Group's current Debt-to-Equity of 0.11 is 38% above median its 10-year median of 0.08. The Travel & Leisure industry median Debt-to-Equity is 0.43. Bragg Gaming Group's value of 0.11 is 74.1% below this industry median. Based on the distribution chart, Bragg Gaming Group ranks #145 out of 720 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Bragg Gaming Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bragg Gaming Group's Debt-to-Equity compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Bragg Gaming Group ranks #145 out of 720 companies for Debt-to-Equity. This places Bragg Gaming Group in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.43. Bragg Gaming Group's value of 0.11 is 74.1% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.43, Bragg Gaming Group 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 720 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. Bragg Gaming Group's current Debt-to-Equity of 0.11 is 74.1% 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 Bragg Gaming Group and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bragg Gaming Group's current Debt-to-Equity is 0.11, which is 38% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bragg Gaming Group stock overvalued right now?
Based on GuruFocus' analysis, Bragg Gaming Group (BRAG) is currently considered Possible Value Trap. The stock's GF Value™ is $4.49, compared to a current price of $1.68 — trading 62.6% below its estimated fair value. The current Debt-to-Equity is 0.11, which is 38% above median its 10-year median of 0.08 and 74.1% below the Travel & Leisure industry median of 0.43. Bragg Gaming Group's overall GF Score™ is 49/100 with 1 warning sign 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 Bragg Gaming Group (BRAG), the current Debt-to-Equity is 0.11 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 Bragg Gaming Group (BRAG) Overvalued in 2026?
Based on GuruFocus' analysis, Bragg Gaming Group stock appears to be undervalued.
The current stock price of $1.68 is trading 62.6% below its estimated GF Value™ of $4.49.
GuruFocus considers Bragg Gaming Group to be Possible Value Trap.
Key valuation signals for BRAG:
Debt-to-Equity: 0.11 (38% above median its 10-year median of 0.08)
GF Value™: $4.49 vs. price of $1.68 (62.6% below fair value)
Industry Position: 74.1% below the Travel & Leisure median (#145 of 720)
No single metric tells the full story. See the BRAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from Malta, and the rest from Netherlands, Curacao, the United States, Croatia, Marshall Islands, Brazil, Isle of Man, Belgium, Czech Republic, and other regions.
49GF Score
Get the complete analysis for BRAG
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BRAG has been successfully added to your 
