FresnilloFNLPF 72 Debt-to-Equity is 0.18 as of Dec. 2025, which is 31% below its 10-year median of 0.26. GuruFocus rates FNLPF with a GF Score™ of 72/100 and a GF Value™ of $17.16 (Significantly Overvalued). Among 1,220 Metals & Mining companies, Fresnillo ranks worse than 53.44% 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 Fresnillo's Debt-to-Equity or its related term are showing as below:
FNLPF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.26 Max: 0.36
Current: 0.18
During the past 13 years, the highest Debt-to-Equity Ratio of Fresnillo was 0.36. The lowest was 0.18. And the median was 0.26.
FNLPF's Debt-to-Equity is ranked worse than 53.44% of 1220
companies
in the Metals & Mining industry
Industry Median: 0.15
vs FNLPF: 0.18
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.
Fresnillo Debt-to-Equity Related Terms
Fresnillo Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Fresnillo'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 Other Precious Metals & Mining subindustry, Fresnillo'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.
Fresnillo Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fresnillo's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Fresnillo'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.
Fresnillo (FNLPF) has a Debt-to-Equity of 0.18 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fresnillo and its competitors. This is 31% below median its historical median of 0.26. Over the past decade, Fresnillo's Debt-to-Equity has ranged from 0.18 to 0.36. According to the industry distribution chart, Fresnillo ranks #652 out of 1220 companies in the Metals & Mining industry, placing it in the top 53.4%.
Is Fresnillo's Debt-to-Equity too high?
Fresnillo's current Debt-to-Equity of 0.18 is 31% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.36. The Metals & Mining industry median Debt-to-Equity is 0.15. Fresnillo's value of 0.18 is 20% above this industry median. Based on the distribution chart, Fresnillo ranks #652 out of 1220 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fresnillo has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #652 out of 1220 companies for Debt-to-Equity. This places Fresnillo in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Fresnillo's value of 0.18 is 20% above this benchmark. Historically, Fresnillo's own Debt-to-Equity has ranged from 0.18 to 0.36 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.15, Fresnillo 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,220 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. Fresnillo's current Debt-to-Equity of 0.18 is 20% 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 Fresnillo and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresnillo's current Debt-to-Equity is 0.18, which is 31% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (FNLPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.16, compared to a current price of $37.24 — trading 117% above its estimated fair value. The current Debt-to-Equity is 0.18, which is 31% below median its 10-year median of 0.26 and 20% above the Metals & Mining industry median of 0.15. Fresnillo's overall GF Score™ is 72/100. 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 Fresnillo (FNLPF), the current Debt-to-Equity is 0.18 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.
Is Fresnillo (FNLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued.
The current stock price of $37.24 is trading 117% above its estimated GF Value™ of $17.16.
GuruFocus considers Fresnillo to be Significantly Overvalued.
Key valuation signals for FNLPF:
Debt-to-Equity: 0.18 (31% below median its 10-year median of 0.26)
GF Value™: $17.16 vs. price of $37.24 (117% above fair value)
Industry Position: 20% above the Metals & Mining median (#652 of 1220)
No single metric tells the full story. See the FNLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
72GF Score
Get the complete analysis for FNLPF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FNLPF has been successfully added to your 
