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BTS Group HoldingsBTSGY 33 Debt-to-Equity is 3.28 as of Mar. 2026, which is 48% above its 10-year median of 2.22. GuruFocus rates BTSGY with a GF Score™ of 33/100 and a GF Value™ of $41.65. The stock has 5 warning signs investors should review. Among 908 Transportation companies, BTS Group Holdings ranks worse than 94.49% 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 BTS Group Holdings's Debt-to-Equity or its related term are showing as below:
BTSGY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 2.22 Max: 4.03
Current: 3.28
During the past 13 years, the highest Debt-to-Equity Ratio of BTS Group Holdings was 4.03. The lowest was 0.59. And the median was 2.22.
BTSGY's Debt-to-Equity is ranked worse than 94.49% of 908
companies
in the Transportation industry
Industry Median: 0.535
vs BTSGY: 3.28
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.
BTS Group Holdings Debt-to-Equity Related Terms
BTS Group Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for BTS Group Holdings'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.
For the Railroads subindustry, BTS Group Holdings'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.
BTS Group Holdings Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, BTS Group Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where BTS Group Holdings'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.
BTS Group Holdings (BTSGY) has a Debt-to-Equity of 3.28 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BTS Group Holdings and its competitors. This is 48% above median its historical median of 2.22. Over the past decade, BTS Group Holdings' Debt-to-Equity has ranged from 0.59 to 4.03. According to the industry distribution chart, BTS Group Holdings ranks #858 out of 908 companies in the Transportation industry, placing it in the top 94.5%.
Is BTS Group Holdings' Debt-to-Equity too high?
BTS Group Holdings' current Debt-to-Equity of 3.28 is 48% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 4.03. The Transportation industry median Debt-to-Equity is 0.54. BTS Group Holdings' value of 3.28 is 513.1% above this industry median. Based on the distribution chart, BTS Group Holdings ranks #858 out of 908 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, BTS Group Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does BTS Group Holdings' Debt-to-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, BTS Group Holdings ranks #858 out of 908 companies for Debt-to-Equity. This places BTS Group Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.54. BTS Group Holdings' value of 3.28 is 513.1% above this benchmark. Historically, BTS Group Holdings' own Debt-to-Equity has ranged from 0.59 to 4.03 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 0.54, BTS Group Holdings 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 908 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. BTS Group Holdings's current Debt-to-Equity of 3.28 is 513.1% 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 BTS Group Holdings and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTS Group Holdings's current Debt-to-Equity is 3.28, which is 48% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTS Group Holdings stock overvalued right now?
BTS Group Holdings (BTSGY) has a current Debt-to-Equity of 3.28. The stock's GF Value™ is $41.65, compared to a current price of $16.50 — trading 60.4% below its estimated fair value. The current Debt-to-Equity is 3.28, which is 48% above median its 10-year median of 2.22 and 513.1% above the Transportation industry median of 0.54. BTS Group Holdings' overall GF Score™ is 33/100 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 BTS Group Holdings (BTSGY), the current Debt-to-Equity is 3.28 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 BTS Group Holdings (BTSGY) Overvalued in 2026?
Based on GuruFocus' analysis, BTS Group Holdings stock appears to be undervalued.
The current stock price of $16.50 is trading 60.4% below its estimated GF Value™ of $41.65.
Key valuation signals for BTSGY:
Debt-to-Equity: 3.28 (48% above median its 10-year median of 2.22)
GF Value™: $41.65 vs. price of $16.50 (60.4% below fair value)
Industry Position: 513.1% above the Transportation median (#858 of 908)
No single metric tells the full story. See the BTSGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BTS Group Holdings PLC is principally engaged in the provision of transportation (Move), comprehensive marketing (Mix), and the capture of opportunities and creation of synergies through a shared system platform (Match). The group's reportable segments are MOVE, MIX, and MATCH. The majority of its revenue is generated from the MOVE segment, which provides mass transportation services for rail and other modes. This segment generates revenue through farebox collection, operating and maintenance, elevated rail's installation and construction, train procurement, and other related services, as well as the operation and maintenance of the Bus Rapid Transit and Automated People Mover (APM) systems. Geographically, the group generates maximum revenue from Thailand.
33GF Score
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