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EverGen InfrastructureEVGIF 30 Debt-to-Equity is 0.64 as of Mar. 2026, which is 60% above its 10-year median of 0.40. GuruFocus rates EVGIF with a GF Score™ of 30/100 and a GF Value™ of $0.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 213 Waste Management companies, EverGen Infrastructure ranks worse than 52.11% 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 EverGen Infrastructure's Debt-to-Equity or its related term are showing as below:
EVGIF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.4 Max: 0.68
Current: 0.64
During the past 6 years, the highest Debt-to-Equity Ratio of EverGen Infrastructure was 0.68. The lowest was 0.11. And the median was 0.40.
EVGIF's Debt-to-Equity is ranked worse than 52.11% of 213
companies
in the Waste Management industry
Industry Median: 0.62
vs EVGIF: 0.64
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.
EverGen Infrastructure Debt-to-Equity Related Terms
EverGen Infrastructure Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for EverGen Infrastructure'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.
For the Waste Management subindustry, EverGen Infrastructure'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.
EverGen Infrastructure Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, EverGen Infrastructure's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where EverGen Infrastructure'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.
EverGen Infrastructure (EVGIF) has a Debt-to-Equity of 0.64 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on EverGen Infrastructure and its competitors. This is 60% above median its historical median of 0.40. Over the past decade, EverGen Infrastructure's Debt-to-Equity has ranged from 0.11 to 0.68. According to the industry distribution chart, EverGen Infrastructure ranks #111 out of 213 companies in the Waste Management industry, placing it in the top 52.1%.
Is EverGen Infrastructure's Debt-to-Equity too high?
EverGen Infrastructure's current Debt-to-Equity of 0.64 is 60% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.68. The Waste Management industry median Debt-to-Equity is 0.62. EverGen Infrastructure's value of 0.64 is 3.2% above this industry median. Based on the distribution chart, EverGen Infrastructure ranks #111 out of 213 companies in the Waste Management industry, which is below the industry midpoint. Overall, EverGen Infrastructure has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EverGen Infrastructure's Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, EverGen Infrastructure ranks #111 out of 213 companies for Debt-to-Equity. This places EverGen Infrastructure in the lower half of its industry. The industry median Debt-to-Equity is 0.62. EverGen Infrastructure's value of 0.64 is 3.2% above this benchmark. Historically, EverGen Infrastructure's own Debt-to-Equity has ranged from 0.11 to 0.68 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.62, EverGen Infrastructure 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.62, based on 213 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. EverGen Infrastructure's current Debt-to-Equity of 0.64 is 3.2% 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 EverGen Infrastructure and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EverGen Infrastructure's current Debt-to-Equity is 0.64, which is 60% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EverGen Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, EverGen Infrastructure (EVGIF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.84, compared to a current price of $0.32 — trading 62.2% below its estimated fair value. The current Debt-to-Equity is 0.64, which is 60% above median its 10-year median of 0.40 and 3.2% above the Waste Management industry median of 0.62. EverGen Infrastructure's overall GF Score™ is 30/100 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 EverGen Infrastructure (EVGIF), the current Debt-to-Equity is 0.64 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 EverGen Infrastructure (EVGIF) Overvalued in 2026?
Based on GuruFocus' analysis, EverGen Infrastructure stock appears to be undervalued.
The current stock price of $0.32 is trading 62.2% below its estimated GF Value™ of $0.84.
GuruFocus considers EverGen Infrastructure to be Possible Value Trap.
Key valuation signals for EVGIF:
Debt-to-Equity: 0.64 (60% above median its 10-year median of 0.40)
GF Value™: $0.84 vs. price of $0.32 (62.2% below fair value)
Industry Position: 3.2% above the Waste Management median (#111 of 213)
No single metric tells the full story. See the EVGIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EverGen Infrastructure Corp is a sustainable infrastructure platform established to acquire, develop, build, own, operate, and consolidate a portfolio of RNG, waste to energy, and related infrastructure projects in Canada and other regions of North America. The company manages three organic waste facilities and two renewable natural gas (RNG) facilities. The operating segments of company are RNG production which generates maximum revenue, and Organic waste and composting.
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