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Afriquia GazCAS:GAZ +0.27%84 Debt-to-Equity is 0.35 as of Dec. 2025, which is 3% above its 10-year median of 0.34. GuruFocus rates CAS:GAZ with a GF Score™ of 84/100 and a GF Value™ of MAD4,387.82 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 796 Oil & Gas companies, Afriquia Gaz ranks better than 58.92% 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 Afriquia Gaz's Debt-to-Equity or its related term are showing as below:
CAS:GAZ'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.34 Max: 0.44
Current: 0.35
During the past 13 years, the highest Debt-to-Equity Ratio of Afriquia Gaz was 0.44. The lowest was 0.29. And the median was 0.34.
CAS:GAZ's Debt-to-Equity is ranked better than 58.92% of 796
companies
in the Oil & Gas industry
Industry Median: 0.465
vs CAS:GAZ: 0.35
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.
Afriquia Gaz Debt-to-Equity Related Terms
Afriquia Gaz Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Afriquia Gaz'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.
CAS:GAZ vs VLO, MPC, PSX: Debt-to-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz'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.
Afriquia Gaz Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Afriquia Gaz's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Afriquia Gaz'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.
Afriquia Gaz (CAS:GAZ) has a Debt-to-Equity of 0.35 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Afriquia Gaz and its competitors. This is near median its historical median of 0.34. Over the past decade, Afriquia Gaz's Debt-to-Equity has ranged from 0.29 to 0.44. According to the industry distribution chart, Afriquia Gaz ranks #327 out of 796 companies in the Oil & Gas industry, placing it in the top 41.1%.
Is Afriquia Gaz's Debt-to-Equity too high?
Afriquia Gaz's current Debt-to-Equity of 0.35 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.44. The Oil & Gas industry median Debt-to-Equity is 0.47. Afriquia Gaz's value of 0.35 is 24.7% below this industry median. Based on the distribution chart, Afriquia Gaz ranks #327 out of 796 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Afriquia Gaz has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's Debt-to-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Afriquia Gaz ranks #327 out of 796 companies for Debt-to-Equity. This puts Afriquia Gaz in the upper half of its industry. The industry median Debt-to-Equity is 0.47. Afriquia Gaz's value of 0.35 is 24.7% below this benchmark. Historically, Afriquia Gaz's own Debt-to-Equity has ranged from 0.29 to 0.44 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.47, Afriquia Gaz 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 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. Afriquia Gaz's current Debt-to-Equity of 0.35 is 24.7% 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 Afriquia Gaz and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afriquia Gaz's current Debt-to-Equity is 0.35, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,387.82, compared to a current price of MAD3,670.00 — trading 16.4% below its estimated fair value. The current Debt-to-Equity is 0.35, which is near median its 10-year median of 0.34 and 24.7% below the Oil & Gas industry median of 0.47. Afriquia Gaz's overall GF Score™ is 84/100 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 Afriquia Gaz (CAS:GAZ), the current Debt-to-Equity is 0.35 as of Dec. 2025. 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 Afriquia Gaz (CAS:GAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued.
The current stock price of MAD3,670.00 is trading 16.4% below its estimated GF Value™ of MAD4,387.82.
GuruFocus considers Afriquia Gaz to be Modestly Undervalued.
Key valuation signals for CAS:GAZ:
Debt-to-Equity: 0.35 (near median its 10-year median of 0.34)
GF Value™: MAD4,387.82 vs. price of MAD3,670.00 (16.4% below fair value)
Industry Position: 24.7% below the Oil & Gas median (#327 of 796)
No single metric tells the full story. See the CAS:GAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
84GF Score
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