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Western Marine ShipyardDHA:WMSHIPYARD -2.02%71 Debt-to-Equity is 6.22 as of Jun. 2025, which is 101% above its 10-year median of 3.09. GuruFocus rates DHA:WMSHIPYARD with a GF Score™ of 71/100 and a GF Value™ of BDT13.10 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 314 Aerospace & Defense companies, Western Marine Shipyard ranks worse than 98.09% 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 Western Marine Shipyard's Debt-to-Equity or its related term are showing as below:
DHA:WMSHIPYARD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.05 Med: 3.09 Max: 6.22
Current: 6.22
During the past 11 years, the highest Debt-to-Equity Ratio of Western Marine Shipyard was 6.22. The lowest was 2.05. And the median was 3.09.
DHA:WMSHIPYARD's Debt-to-Equity is ranked worse than 98.09% of 314
companies
in the Aerospace & Defense industry
Industry Median: 0.295
vs DHA:WMSHIPYARD: 6.22
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.
Western Marine Shipyard Debt-to-Equity Related Terms
Western Marine Shipyard Debt-to-Equity Historical Data
* 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:WMSHIPYARD vs SPCX, GE, RTX: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Western Marine Shipyard'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.
Western Marine Shipyard Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Western Marine Shipyard'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.
Western Marine Shipyard (DHA:WMSHIPYARD) has a Debt-to-Equity of 6.22 as of Jun. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Marine Shipyard and its competitors. This is 101% above median its historical median of 3.09. Over the past decade, Western Marine Shipyard's Debt-to-Equity has ranged from 2.05 to 6.22. According to the industry distribution chart, Western Marine Shipyard ranks #308 out of 314 companies in the Aerospace & Defense industry, placing it in the top 98.1%.
Is Western Marine Shipyard's Debt-to-Equity too high?
Western Marine Shipyard's current Debt-to-Equity of 6.22 is 101% above median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 6.22. The Aerospace & Defense industry median Debt-to-Equity is 0.30. Western Marine Shipyard's value of 6.22 is 2008.5% above this industry median. Based on the distribution chart, Western Marine Shipyard ranks #308 out of 314 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Western Marine Shipyard has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Western Marine Shipyard ranks #308 out of 314 companies for Debt-to-Equity. This places Western Marine Shipyard in the lower half of its industry. The industry median Debt-to-Equity is 0.30. Western Marine Shipyard's value of 6.22 is 2008.5% above this benchmark. Historically, Western Marine Shipyard's own Debt-to-Equity has ranged from 2.05 to 6.22 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 0.30, Western Marine Shipyard 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 an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.30, based on 314 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. Western Marine Shipyard's current Debt-to-Equity of 6.22 is 2008.5% 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 Western Marine Shipyard and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Marine Shipyard's current Debt-to-Equity is 6.22, which is 101% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.10, compared to a current price of BDT9.70 — trading 26% below its estimated fair value. The current Debt-to-Equity is 6.22, which is 101% above median its 10-year median of 3.09 and 2008.5% above the Aerospace & Defense industry median of 0.30. Western Marine Shipyard's overall GF Score™ is 71/100 with 8 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current Debt-to-Equity is 6.22 as of Jun. 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 Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued.
The current stock price of BDT9.70 is trading 26% below its estimated GF Value™ of BDT13.10.
GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.
Key valuation signals for DHA:WMSHIPYARD:
Debt-to-Equity: 6.22 (101% above median its 10-year median of 3.09)
GF Value™: BDT13.10 vs. price of BDT9.70 (26% below fair value)
Industry Position: 2008.5% above the Aerospace & Defense median (#308 of 314)
No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
71GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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