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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.
FRA:0BX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.18 Med: 2.45 Max: 5.4
Current: 2.27
During the past 13 years, the highest Debt-to-Equity Ratio of Bright Smart Securitiesmmodities Group was 5.40. The lowest was 1.18. And the median was 2.45.
FRA:0BX's Debt-to-Equity is ranked worse than 89.77% of 616
companies
in the Capital Markets industry
Industry Median: 0.315
vs FRA:0BX: 2.27
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.
Bright Smart Securitiesmmodities Group Debt-to-Equity Related Terms
Bright Smart Securitiesmmodities Group 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.
Bright Smart Securitiesmmodities Group Debt-to-Equity Chart
Bright Smart Securitiesmmodities Group Annual Data
FRA:0BX vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.
Bright Smart Securitiesmmodities Group Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bright Smart Securitiesmmodities Group'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.
Bright Smart Securitiesmmodities Group (FRA:0BX) has a Debt-to-Equity of 2.27 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bright Smart Securitiesmmodities Group and its competitors. This is near median its historical median of 2.45. Over the past decade, Bright Smart Securitiesmmodities Group's Debt-to-Equity has ranged from 1.18 to 5.40. According to the industry distribution chart, Bright Smart Securitiesmmodities Group ranks #553 out of 616 companies in the Capital Markets industry, placing it in the top 89.8%.
Is Bright Smart Securitiesmmodities Group's Debt-to-Equity too high?
Bright Smart Securitiesmmodities Group's current Debt-to-Equity of 2.27 is near median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 5.40. The Capital Markets industry median Debt-to-Equity is 0.32. Bright Smart Securitiesmmodities Group's value of 2.27 is 620.6% above this industry median. Based on the distribution chart, Bright Smart Securitiesmmodities Group ranks #553 out of 616 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bright Smart Securitiesmmodities Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Smart Securitiesmmodities Group's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Bright Smart Securitiesmmodities Group ranks #553 out of 616 companies for Debt-to-Equity. This places Bright Smart Securitiesmmodities Group in the lower half of its industry. The industry median Debt-to-Equity is 0.32. Bright Smart Securitiesmmodities Group's value of 2.27 is 620.6% above this benchmark. Historically, Bright Smart Securitiesmmodities Group's own Debt-to-Equity has ranged from 1.18 to 5.40 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 0.32, Bright Smart Securitiesmmodities Group 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 616 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. Bright Smart Securitiesmmodities Group's current Debt-to-Equity of 2.27 is 620.6% 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 Bright Smart Securitiesmmodities Group and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Smart Securitiesmmodities Group's current Debt-to-Equity is 2.27, which is near median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Smart Securitiesmmodities Group stock overvalued right now?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group (FRA:0BX) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.33, compared to a current price of €0.76 — trading 130.3% above its estimated fair value. The current Debt-to-Equity is 2.27, which is near median its 10-year median of 2.45 and 620.6% above the Capital Markets industry median of 0.32. Bright Smart Securitiesmmodities Group's overall GF Score™ is 38/100 with 7 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 Bright Smart Securitiesmmodities Group (FRA:0BX), the current Debt-to-Equity is 2.27 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 Bright Smart Securitiesmmodities Group (FRA:0BX) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Smart Securitiesmmodities Group stock appears to be overvalued.
The current stock price of €0.76 is trading 130.3% above its estimated GF Value™ of €0.33.
GuruFocus considers Bright Smart Securitiesmmodities Group to be Significantly Overvalued.
Key valuation signals for FRA:0BX:
Debt-to-Equity: 2.27 (near median its 10-year median of 2.45)
GF Value™: €0.33 vs. price of €0.76 (130.3% above fair value)
Industry Position: 620.6% above the Capital Markets median (#553 of 616)
No single metric tells the full story. See the FRA:0BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
38GF Score
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