CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Debt-to-Equity: 0.12 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:FESA4 CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4
67 GF Score
Price R$5.93
GF Value R$8.47
Valuation Significantly Undervalued
! 8 Warning Signs
View Full Analysis

What is CIA de Ferro Ligas da Bahia - Ferbasa Debt-to-Equity?

CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4 -0.67% 67 Debt-to-Equity is 0.12 as of Mar. 2026, which is 8% below its 10-year median of 0.13. GuruFocus rates BSP:FESA4 with a GF Score™ of 67/100 and a GF Value™ of R$8.47 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 546 Steel companies, CIA de Ferro Ligas da Bahia - Ferbasa ranks better than 80.77% on this metric.

CIA de Ferro Ligas da Bahia - Ferbasa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$63 Mil. CIA de Ferro Ligas da Bahia - Ferbasa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$334 Mil. CIA de Ferro Ligas da Bahia - Ferbasa's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$3,282 Mil. CIA de Ferro Ligas da Bahia - Ferbasa's debt to equity for the quarter that ended in Mar. 2026 was 0.12.

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 CIA de Ferro Ligas da Bahia - Ferbasa's Debt-to-Equity or its related term are showing as below:

BSP:FESA4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.13   Max: 0.37
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of CIA de Ferro Ligas da Bahia - Ferbasa was 0.37. The lowest was 0.02. And the median was 0.13.

BSP:FESA4's Debt-to-Equity is ranked better than
80.77% of 546 companies
in the Steel industry
Industry Median: 0.4 vs BSP:FESA4: 0.12

CIA de Ferro Ligas da Bahia - Ferbasa  (BSP:FESA4) 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.


CIA de Ferro Ligas da Bahia - Ferbasa Debt-to-Equity Related Terms


CIA de Ferro Ligas da Bahia - Ferbasa Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CIA de Ferro Ligas da Bahia - Ferbasa'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.

CIA de Ferro Ligas da Bahia - Ferbasa Debt-to-Equity Chart

CIA de Ferro Ligas da Bahia - Ferbasa 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 0.18 0.13 0.11 0.08 0.13

CIA de Ferro Ligas da Bahia - Ferbasa 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 0.07 0.07 0.06 0.13 0.12

BSP:FESA4 vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.


CIA de Ferro Ligas da Bahia - Ferbasa Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa's Debt-to-Equity falls into.


BSP:FESA4
67GF Score
CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIA de Ferro Ligas da Bahia - Ferbasa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CIA de Ferro Ligas da Bahia - Ferbasa's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CIA de Ferro Ligas da Bahia - Ferbasa'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 0.12 mean?
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. This is near median its historical median of 0.13. Over the past decade, CIA de Ferro Ligas da Bahia - Ferbasa's Debt-to-Equity has ranged from 0.02 to 0.37. According to the industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #105 out of 546 companies in the Steel industry, placing it in the top 19.2%.
Is CIA de Ferro Ligas da Bahia - Ferbasa's Debt-to-Equity too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current Debt-to-Equity of 0.12 is near median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.37. The Steel industry median Debt-to-Equity is 0.40. CIA de Ferro Ligas da Bahia - Ferbasa's value of 0.12 is 70% below this industry median. Based on the distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #105 out of 546 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #105 out of 546 companies for Debt-to-Equity. This places CIA de Ferro Ligas da Bahia - Ferbasa in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. CIA de Ferro Ligas da Bahia - Ferbasa's value of 0.12 is 70% below this benchmark. Historically, CIA de Ferro Ligas da Bahia - Ferbasa's own Debt-to-Equity has ranged from 0.02 to 0.37 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.40, CIA de Ferro Ligas da Bahia - Ferbasa 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 546 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. CIA de Ferro Ligas da Bahia - Ferbasa's current Debt-to-Equity of 0.12 is 70% 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. For the Steel 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. CIA de Ferro Ligas da Bahia - Ferbasa's current Debt-to-Equity is 0.12, which is near median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Ferro Ligas da Bahia - Ferbasa stock overvalued right now?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) is currently considered Significantly Undervalued. The stock's GF Value™ is R$8.47, compared to a current price of R$5.93 — trading 30% below its estimated fair value. The current Debt-to-Equity is 0.12, which is near median its 10-year median of 0.13 and 70% below the Steel industry median of 0.40. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 67/100 with 8 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4), the current Debt-to-Equity is 0.12 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa stock appears to be undervalued. The current stock price of R$5.93 is trading 30% below its estimated GF Value™ of R$8.47. GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Significantly Undervalued.

Key valuation signals for BSP:FESA4:

  • Debt-to-Equity: 0.12 (near median its 10-year median of 0.13)
  • GF Value™: R$8.47 vs. price of R$5.93 (30% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 70% below the Steel median (#105 of 546)

No single metric tells the full story. See the BSP:FESA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Ferro Ligas da Bahia - Ferbasa Business Description

Other Exchanges FESA3:Brazil
Address Estrada de Santiago s/n, Pojuca, BA, BRA, 48120000
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.
67GF Score

Get the complete analysis for BSP:FESA4

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

R$5.93
Price
R$8.47
GF Value