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Aftab AutomobilesDHA:AFTABAUTO 63 Debt-to-Equity is 4.81 as of Mar. 2026, which is 79% above its 10-year median of 2.68. GuruFocus rates DHA:AFTABAUTO with a GF Score™ of 63/100 and a GF Value™ of BDT37.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,222 Vehicles & Parts companies, Aftab Automobiles ranks worse than 98.2% 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 Aftab Automobiles's Debt-to-Equity or its related term are showing as below:
DHA:AFTABAUTO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 2.68 Max: 4.81
Current: 4.81
During the past 13 years, the highest Debt-to-Equity Ratio of Aftab Automobiles was 4.81. The lowest was 0.57. And the median was 2.68.
DHA:AFTABAUTO's Debt-to-Equity is ranked worse than 98.2% of 1222
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs DHA:AFTABAUTO: 4.81
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.
Aftab Automobiles Debt-to-Equity Related Terms
Aftab Automobiles Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Aftab Automobiles'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.
DHA:AFTABAUTO vs TSLA, GM, F: Debt-to-Equity Comparison
For the Auto Manufacturers subindustry, Aftab Automobiles'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.
Aftab Automobiles Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aftab Automobiles'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.
Aftab Automobiles (DHA:AFTABAUTO) has a Debt-to-Equity of 4.81 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aftab Automobiles and its competitors. This is 79% above median its historical median of 2.68. Over the past decade, Aftab Automobiles' Debt-to-Equity has ranged from 0.57 to 4.81. According to the industry distribution chart, Aftab Automobiles ranks #1200 out of 1222 companies in the Vehicles & Parts industry, placing it in the top 98.2%.
Is Aftab Automobiles' Debt-to-Equity too high?
Aftab Automobiles' current Debt-to-Equity of 4.81 is 79% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 4.81. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Aftab Automobiles' value of 4.81 is 945.7% above this industry median. Based on the distribution chart, Aftab Automobiles ranks #1200 out of 1222 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Aftab Automobiles has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aftab Automobiles' Debt-to-Equity compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Aftab Automobiles ranks #1200 out of 1222 companies for Debt-to-Equity. This places Aftab Automobiles in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Aftab Automobiles' value of 4.81 is 945.7% above this benchmark. Historically, Aftab Automobiles' own Debt-to-Equity has ranged from 0.57 to 4.81 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 0.46, Aftab Automobiles 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,222 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. Aftab Automobiles's current Debt-to-Equity of 4.81 is 945.7% 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 Aftab Automobiles and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aftab Automobiles's current Debt-to-Equity is 4.81, which is 79% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aftab Automobiles stock overvalued right now?
Based on GuruFocus' analysis, Aftab Automobiles (DHA:AFTABAUTO) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT37.71, compared to a current price of BDT28.30 — trading 25% below its estimated fair value. The current Debt-to-Equity is 4.81, which is 79% above median its 10-year median of 2.68 and 945.7% above the Vehicles & Parts industry median of 0.46. Aftab Automobiles' overall GF Score™ is 63/100 with 4 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 Aftab Automobiles (DHA:AFTABAUTO), the current Debt-to-Equity is 4.81 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 Aftab Automobiles (DHA:AFTABAUTO) Overvalued in 2026?
Based on GuruFocus' analysis, Aftab Automobiles stock appears to be undervalued.
The current stock price of BDT28.30 is trading 25% below its estimated GF Value™ of BDT37.71.
GuruFocus considers Aftab Automobiles to be Modestly Undervalued.
Key valuation signals for DHA:AFTABAUTO:
Debt-to-Equity: 4.81 (79% above median its 10-year median of 2.68)
GF Value™: BDT37.71 vs. price of BDT28.30 (25% below fair value)
Industry Position: 945.7% above the Vehicles & Parts median (#1200 of 1222)
No single metric tells the full story. See the DHA:AFTABAUTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aftab Automobiles Ltd is mainly a vehicle assembler and bus body fabricator operating in Bangladesh. The company has been assembling Toyota and Hino vehicles. Its activities include assembling Toyota Land Cruiser soft top and pick up, Land Cruiser Prado, Hino bus, and Hino mini bus and truck chassis, with a yearly production capacity in three shifts. Presently, the company is mainly engaged in assembling Hino bus chassis and bus body fabrication, including luxury buses that operate on routes across the country as well as international routes. The company operates through three operating segments, namely the assembling unit, motorcycle unit, and body unit, with the majority of revenue generated from the assembling unit. The company operates in Bangladesh.
63GF Score
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