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ALEC Holdings PJSCDFM:ALEC -1.36%32 Debt-to-Equity is 0.67 as of Dec. 2025, which is 36% below its 10-year median of 1.04. GuruFocus rates DFM:ALEC with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,611 Construction companies, ALEC Holdings PJSC ranks worse than 65.49% 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 ALEC Holdings PJSC's Debt-to-Equity or its related term are showing as below:
DFM:ALEC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.04 Max: 1.13
Current: 0.67
During the past 4 years, the highest Debt-to-Equity Ratio of ALEC Holdings PJSC was 1.13. The lowest was 0.67. And the median was 1.04.
DFM:ALEC's Debt-to-Equity is ranked worse than 65.49% of 1611
companies
in the Construction industry
Industry Median: 0.41
vs DFM:ALEC: 0.67
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.
ALEC Holdings PJSC Debt-to-Equity Related Terms
ALEC Holdings PJSC Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ALEC Holdings PJSC'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.
DFM:ALEC vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, ALEC Holdings PJSC'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.
ALEC Holdings PJSC Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, ALEC Holdings PJSC's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ALEC Holdings PJSC'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.
ALEC Holdings PJSC (DFM:ALEC) has a Debt-to-Equity of 0.67 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ALEC Holdings PJSC and its competitors. This is 36% below median its historical median of 1.04. Over the past decade, ALEC Holdings PJSC's Debt-to-Equity has ranged from 0.67 to 1.13. According to the industry distribution chart, ALEC Holdings PJSC ranks #1055 out of 1611 companies in the Construction industry, placing it in the top 65.5%.
Is ALEC Holdings PJSC's Debt-to-Equity too high?
ALEC Holdings PJSC's current Debt-to-Equity of 0.67 is 36% below median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.13. The Construction industry median Debt-to-Equity is 0.41. ALEC Holdings PJSC's value of 0.67 is 63.4% above this industry median. Based on the distribution chart, ALEC Holdings PJSC ranks #1055 out of 1611 companies in the Construction industry, which is below the industry midpoint. Overall, ALEC Holdings PJSC has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, ALEC Holdings PJSC ranks #1055 out of 1611 companies for Debt-to-Equity. This places ALEC Holdings PJSC in the lower half of its industry. The industry median Debt-to-Equity is 0.41. ALEC Holdings PJSC's value of 0.67 is 63.4% above this benchmark. Historically, ALEC Holdings PJSC's own Debt-to-Equity has ranged from 0.67 to 1.13 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.41, ALEC Holdings PJSC 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 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. ALEC Holdings PJSC's current Debt-to-Equity of 0.67 is 63.4% 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 ALEC Holdings PJSC and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALEC Holdings PJSC's current Debt-to-Equity is 0.67, which is 36% below median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current Debt-to-Equity of 0.67. The current Debt-to-Equity is 0.67, which is 36% below median its 10-year median of 1.04 and 63.4% above the Construction industry median of 0.41. ALEC Holdings PJSC's overall GF Score™ is 32/100 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 ALEC Holdings PJSC (DFM:ALEC), the current Debt-to-Equity is 0.67 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.
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
32GF Score
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