Eternit (BSP:ETER3) Debt-to-Equity: 0.26 (As of Jun. 2026) — 24% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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:ETER3 Eternit SA BSP:ETER3
61 GF Score
Price R$3.70
GF Value R$5.11
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Eternit Debt-to-Equity?

Eternit BSP:ETER3 -0.54% 61 Debt-to-Equity is 0.26 as of Jun. 2026, which is 24% above its 10-year median of 0.21. GuruFocus rates BSP:ETER3 with a GF Score™ of 61/100 and a GF Value™ of R$5.11 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,621 Construction companies, Eternit ranks better than 61.81% on this metric.

Eternit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R$157 Mil. Eternit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R$61 Mil. Eternit's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R$844 Mil. Eternit's debt to equity for the quarter that ended in Jun. 2026 was 0.26.

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

BSP:ETER3' s Debt-to-Equity Range Over the Past 10 Years
Min: -50.29   Med: 0.21   Max: 10.71
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Eternit was 10.71. The lowest was -50.29. And the median was 0.21.

BSP:ETER3's Debt-to-Equity is ranked better than
61.81% of 1621 companies
in the Construction industry
Industry Median: 0.4 vs BSP:ETER3: 0.26

Eternit  (BSP:ETER3) 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.


Eternit Debt-to-Equity Related Terms


Eternit Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Eternit'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.

Eternit Debt-to-Equity Chart

Eternit 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 0.08 0.15 0.21 0.18 0.21

Eternit Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.21 0.23 0.21 0.23 0.26

BSP:ETER3 vs TT, JCI, CARR: Debt-to-Equity Comparison

For the Building Products & Equipment subindustry, Eternit'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.


Eternit Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Eternit's Debt-to-Equity distribution charts can be found below:

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


BSP:ETER3
61GF Score
Eternit SA BSP:ETER3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eternit Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Eternit's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.26 mean?
Eternit (BSP:ETER3) has a Debt-to-Equity of 0.26 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Eternit and its competitors. This is 24% above median its historical median of 0.21. According to the industry distribution chart, Eternit ranks #619 out of 1621 companies in the Construction industry, placing it in the top 38.2%.
Is Eternit's Debt-to-Equity too high?
Eternit's current Debt-to-Equity of 0.26 is 24% above median its 10-year median of 0.21. The Construction industry median Debt-to-Equity is 0.40. Eternit's value of 0.26 is 35% below this industry median. Based on the distribution chart, Eternit ranks #619 out of 1621 companies in the Construction industry, which is above the industry midpoint. Overall, Eternit has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eternit's Debt-to-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Eternit ranks #619 out of 1621 companies for Debt-to-Equity. This puts Eternit in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Eternit's value of 0.26 is 35% below this benchmark. While the company's 10-year median is 0.21 vs. the industry median of 0.40, Eternit 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,621 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. Eternit's current Debt-to-Equity of 0.26 is 35% 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 Eternit 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. Eternit's current Debt-to-Equity is 0.26, which is 24% above 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 Eternit stock overvalued right now?
Based on GuruFocus' analysis, Eternit (BSP:ETER3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.11, compared to a current price of R$3.70 — trading 27.6% below its estimated fair value. The current Debt-to-Equity is 0.26, which is 24% above median its 10-year median of 0.21 and 35% below the Construction industry median of 0.40. Eternit's overall GF Score™ is 61/100 with 10 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 Eternit (BSP:ETER3), the current Debt-to-Equity is 0.26 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 Eternit (BSP:ETER3) Overvalued in 2026?

Based on GuruFocus' analysis, Eternit stock appears to be undervalued. The current stock price of R$3.70 is trading 27.6% below its estimated GF Value™ of R$5.11. GuruFocus considers Eternit to be Modestly Undervalued.

Key valuation signals for BSP:ETER3:

  • Debt-to-Equity: 0.26 (24% above median its 10-year median of 0.21)
  • GF Value™: R$5.11 vs. price of R$3.70 (27.6% below fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 35% below the Construction median (#619 of 1621)

No single metric tells the full story. See the BSP:ETER3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eternit Business Description

Address Street Dr. Fernandes Coelho, 85 - 8 floor, Sao Paulo, SP, BRA, 5423040
Eternit SA is a Brazil-based company. It is engaged in the production and sale of fiber cement, cement, concrete, plaster, and plastic products, as well as other construction materials and related accessories through its subsidiaries. The operating segments of the company include Fiber Cement, Chrysotile Mineral, and Concrete Roof Tiles.
61GF Score

Get the complete analysis for BSP:ETER3

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

R$3.70
Price
R$5.11
GF Value