Contax Participacoes (BSP:CTAX3) Debt-to-Equity: 2.11 (As of Mar. 2026) — 44% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

BSP:CTAX3 Contax Participacoes SA BSP:CTAX3
40 GF Score
Price R$0.42
GF Value R$1.47
Valuation Possible Value Trap
! 5 Warning Signs
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What is Contax Participacoes Debt-to-Equity?

Contax Participacoes BSP:CTAX3 -6.67% 40 Debt-to-Equity is 2.11 as of Mar. 2026, which is 44% above its 10-year median of 1.47. GuruFocus rates BSP:CTAX3 with a GF Score™ of 40/100 and a GF Value™ of R$1.47 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 955 Business Services companies, Contax Participacoes ranks worse than 89.21% on this metric.

Contax Participacoes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$55.0 Mil. Contax Participacoes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$135.3 Mil. Contax Participacoes's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$90.4 Mil. Contax Participacoes's debt to equity for the quarter that ended in Mar. 2026 was 2.11.

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 Contax Participacoes's Debt-to-Equity or its related term are showing as below:

BSP:CTAX3' s Debt-to-Equity Range Over the Past 10 Years
Min: -39.54   Med: 1.47   Max: 146.45
Current: 2.11

During the past 13 years, the highest Debt-to-Equity Ratio of Contax Participacoes was 146.45. The lowest was -39.54. And the median was 1.47.

BSP:CTAX3's Debt-to-Equity is ranked worse than
89.21% of 955 companies
in the Business Services industry
Industry Median: 0.33 vs BSP:CTAX3: 2.11

Contax Participacoes  (BSP:CTAX3) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Contax Participacoes Debt-to-Equity Related Terms


Contax Participacoes Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Contax Participacoes'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.

Contax Participacoes Debt-to-Equity Chart

Contax Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 -1.31 0.79 1.48 2.16

Contax Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 2.21 2.62 2.16 2.11

BSP:CTAX3 vs CTAS, CPRT, ULS: Debt-to-Equity Comparison

For the Specialty Business Services subindustry, Contax Participacoes'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.


Contax Participacoes Debt-to-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Contax Participacoes's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Contax Participacoes's Debt-to-Equity falls into.


BSP:CTAX3
40GF Score
Contax Participacoes SA BSP:CTAX3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Contax Participacoes Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Contax Participacoes's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Contax Participacoes's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.11 mean?
Contax Participacoes (BSP:CTAX3) has a Debt-to-Equity of 2.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Contax Participacoes and its competitors. This is 44% above median its historical median of 1.47. According to the industry distribution chart, Contax Participacoes ranks #852 out of 955 companies in the Business Services industry, placing it in the top 89.2%.
Is Contax Participacoes' Debt-to-Equity too high?
Contax Participacoes' current Debt-to-Equity of 2.11 is 44% above median its 10-year median of 1.47. The Business Services industry median Debt-to-Equity is 0.33. Contax Participacoes' value of 2.11 is 539.4% above this industry median. Based on the distribution chart, Contax Participacoes ranks #852 out of 955 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Contax Participacoes has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Contax Participacoes' Debt-to-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Contax Participacoes ranks #852 out of 955 companies for Debt-to-Equity. This places Contax Participacoes in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Contax Participacoes' value of 2.11 is 539.4% above this benchmark. While the company's 10-year median is 1.47 vs. the industry median of 0.33, Contax Participacoes has consistently been above 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 955 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. Contax Participacoes's current Debt-to-Equity of 2.11 is 539.4% above 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 Contax Participacoes 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. Contax Participacoes's current Debt-to-Equity is 2.11, which is 44% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Contax Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Contax Participacoes (BSP:CTAX3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.47, compared to a current price of R$0.42 — trading 71.4% below its estimated fair value. The current Debt-to-Equity is 2.11, which is 44% above median its 10-year median of 1.47 and 539.4% above the Business Services industry median of 0.33. Contax Participacoes' overall GF Score™ is 40/100 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 Contax Participacoes (BSP:CTAX3), the current Debt-to-Equity is 2.11 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 Contax Participacoes (BSP:CTAX3) Overvalued in 2026?

Based on GuruFocus' analysis, Contax Participacoes stock appears to be undervalued. The current stock price of R$0.42 is trading 71.4% below its estimated GF Value™ of R$1.47. GuruFocus considers Contax Participacoes to be Possible Value Trap.

Key valuation signals for BSP:CTAX3:

  • Debt-to-Equity: 2.11 (44% above median its 10-year median of 1.47)
  • GF Value™: R$1.47 vs. price of R$0.42 (71.4% below fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 539.4% above the Business Services median (#852 of 955)

No single metric tells the full story. See the BSP:CTAX3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Contax Participacoes Business Description

Address Rua Beneditinos, n 15/17, Rio de Janeiro, RJ, BRA
Contax Participacoes SA formerly, ATMA Participacoes SA is engaged in Industrial Maintenance and Facilities, (ii) Customer Service (contact center and trade marketing) and (iii) Information Technology.
40GF Score

Get the complete analysis for BSP:CTAX3

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$0.42
Price
R$1.47
GF Value