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ITM PowerCHIX:ITML +0.54%62 Debt-to-Equity is 0.07 as of Oct. 2025, which is 75% above its 10-year median of 0.04. GuruFocus rates CHIX:ITML with a GF Score™ of 62/100 and a GF Value™ of £1.95 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,682 Industrial Products companies, ITM Power ranks better than 79.42% 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 ITM Power's Debt-to-Equity or its related term are showing as below:
CHIX:ITMl'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.14
Current: 0.07
During the past 13 years, the highest Debt-to-Equity Ratio of ITM Power was 0.14. The lowest was 0.01. And the median was 0.04.
CHIX:ITMl's Debt-to-Equity is ranked better than 79.42% of 2682
companies
in the Industrial Products industry
Industry Median: 0.28
vs CHIX:ITMl: 0.07
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.
ITM Power Debt-to-Equity Related Terms
ITM Power Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ITM Power'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.
CHIX:ITML vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, ITM Power'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.
ITM Power Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ITM Power's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ITM Power'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.
ITM Power (CHIX:ITML) has a Debt-to-Equity of 0.07 as of Oct. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ITM Power and its competitors. This is 75% above median its historical median of 0.04. Over the past decade, ITM Power's Debt-to-Equity has ranged from 0.01 to 0.14. According to the industry distribution chart, ITM Power ranks #552 out of 2682 companies in the Industrial Products industry, placing it in the top 20.6%.
Is ITM Power's Debt-to-Equity too high?
ITM Power's current Debt-to-Equity of 0.07 is 75% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.14. The Industrial Products industry median Debt-to-Equity is 0.28. ITM Power's value of 0.07 is 75% below this industry median. Based on the distribution chart, ITM Power ranks #552 out of 2682 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ITM Power has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #552 out of 2682 companies for Debt-to-Equity. This places ITM Power in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. ITM Power's value of 0.07 is 75% below this benchmark. Historically, ITM Power's own Debt-to-Equity has ranged from 0.01 to 0.14 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.28, ITM Power 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,682 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. ITM Power's current Debt-to-Equity of 0.07 is 75% 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 ITM Power and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current Debt-to-Equity is 0.07, which is 75% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (CHIX:ITML) is currently considered Possible Value Trap. The stock's GF Value™ is £1.95, compared to a current price of £1.13 — trading 42.3% below its estimated fair value. The current Debt-to-Equity is 0.07, which is 75% above median its 10-year median of 0.04 and 75% below the Industrial Products industry median of 0.28. ITM Power's overall GF Score™ is 62/100 with 2 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 ITM Power (CHIX:ITML), the current Debt-to-Equity is 0.07 as of Oct. 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 ITM Power (CHIX:ITML) Overvalued in 2026?
Based on GuruFocus' analysis, ITM Power stock appears to be undervalued.
The current stock price of £1.13 is trading 42.3% below its estimated GF Value™ of £1.95.
GuruFocus considers ITM Power to be Possible Value Trap.
Key valuation signals for CHIX:ITML:
Debt-to-Equity: 0.07 (75% above median its 10-year median of 0.04)
GF Value™: £1.95 vs. price of £1.13 (42.3% below fair value)
Industry Position: 75% below the Industrial Products median (#552 of 2682)
No single metric tells the full story. See the CHIX:ITML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
62GF Score
Get the complete analysis for CHIX:ITML
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