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KalrayFRA:3FS -1.59%53 Debt-to-Equity is 0.08 as of Dec. 2025, which is 47% below its 10-year median of 0.15. GuruFocus rates FRA:3FS with a GF Score™ of 53/100 and a GF Value™ of €3.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 902 Semiconductors companies, Kalray ranks better than 73.61% 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 Kalray's Debt-to-Equity or its related term are showing as below:
FRA:3FS'
s Debt-to-Equity Range Over the Past 10 Years
Min: -25.37 Med: 0.15 Max: 0.42
Current: 0.08
During the past 11 years, the highest Debt-to-Equity Ratio of Kalray was 0.42. The lowest was -25.37. And the median was 0.15.
FRA:3FS's Debt-to-Equity is ranked better than 73.61% of 902
companies
in the Semiconductors industry
Industry Median: 0.255
vs FRA:3FS: 0.08
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.
Kalray Debt-to-Equity Related Terms
Kalray Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kalray'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.
FRA:3FS vs NVDA, AVGO, MU: Debt-to-Equity Comparison
For the Semiconductors subindustry, Kalray'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.
Kalray Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kalray's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kalray'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.
Kalray (FRA:3FS) has a Debt-to-Equity of 0.08 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kalray and its competitors. This is 47% below median its historical median of 0.15. According to the industry distribution chart, Kalray ranks #238 out of 902 companies in the Semiconductors industry, placing it in the top 26.4%.
Is Kalray's Debt-to-Equity too high?
Kalray's current Debt-to-Equity of 0.08 is 47% below median its 10-year median of 0.15. The Semiconductors industry median Debt-to-Equity is 0.26. Kalray's value of 0.08 is 68.6% below this industry median. Based on the distribution chart, Kalray ranks #238 out of 902 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Kalray has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalray's Debt-to-Equity compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kalray ranks #238 out of 902 companies for Debt-to-Equity. This puts Kalray in the upper half of its industry. The industry median Debt-to-Equity is 0.26. Kalray's value of 0.08 is 68.6% below this benchmark. While the company's 10-year median is 0.15 vs. the industry median of 0.26, Kalray has consistently been below 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 902 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. Kalray's current Debt-to-Equity of 0.08 is 68.6% below 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 Kalray and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalray's current Debt-to-Equity is 0.08, which is 47% below median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalray stock overvalued right now?
Based on GuruFocus' analysis, Kalray (FRA:3FS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.40, compared to a current price of €8.07 — trading 137.4% above its estimated fair value. The current Debt-to-Equity is 0.08, which is 47% below median its 10-year median of 0.15 and 68.6% below the Semiconductors industry median of 0.26. Kalray's overall GF Score™ is 53/100 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 Kalray (FRA:3FS), the current Debt-to-Equity is 0.08 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 Kalray (FRA:3FS) Overvalued in 2026?
Based on GuruFocus' analysis, Kalray stock appears to be overvalued.
The current stock price of €8.07 is trading 137.4% above its estimated GF Value™ of €3.40.
GuruFocus considers Kalray to be Significantly Overvalued.
Key valuation signals for FRA:3FS:
Debt-to-Equity: 0.08 (47% below median its 10-year median of 0.15)
GF Value™: €3.40 vs. price of €8.07 (137.4% above fair value)
Industry Position: 68.6% below the Semiconductors median (#238 of 902)
No single metric tells the full story. See the FRA:3FS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalray SA is engaged in developing large-scale core processor solutions that offer high performance, low power consumption and real-time processing. Its MPPA processor family, based on its patented supercomputing on a chip many-core technology, delivers differentiated solutions for server acceleration and data center optimization, as well as for critical embedded applications in aerospace, defense and automotive.
53GF Score
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