Maxeon Solar Technologies (FRA:5QJ1) Debt-to-Equity: -0.98 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:5QJ1 Maxeon Solar Technologies Ltd FRA:5QJ1
25 GF Score
Price €0.20
GF Value €5,820.00
! 8 Warning Signs
View Full Analysis

What is Maxeon Solar Technologies Debt-to-Equity?

Maxeon Solar Technologies FRA:5QJ1 25 Debt-to-Equity is -0.98 as of Jun. 2025. GuruFocus rates FRA:5QJ1 with a GF Score™ of 25/100 and a GF Value™ of €5,820.00. The stock has 8 warning signs investors should review. Among 911 Semiconductors companies, Maxeon Solar Technologies ranks worse than 109769.37% on this metric.

Maxeon Solar Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was €6.7 Mil. Maxeon Solar Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was €270.2 Mil. Maxeon Solar Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2025 was €-283.9 Mil. Maxeon Solar Technologies's debt to equity for the quarter that ended in Jun. 2025 was -0.98.

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 Maxeon Solar Technologies's Debt-to-Equity or its related term are showing as below:

FRA:5QJ1' s Debt-to-Equity Range Over the Past 10 Years
Min: -394.65   Med: 0.23   Max: 10.6
Current: -0.98

During the past 7 years, the highest Debt-to-Equity Ratio of Maxeon Solar Technologies was 10.60. The lowest was -394.65. And the median was 0.23.

FRA:5QJ1's Debt-to-Equity is not ranked
in the Semiconductors industry.
Industry Median: 0.25 vs FRA:5QJ1: -0.98

Maxeon Solar Technologies  (FRA:5QJ1) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Maxeon Solar Technologies Debt-to-Equity Related Terms


Maxeon Solar Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Maxeon Solar Technologies'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.

Maxeon Solar Technologies Debt-to-Equity Chart

Maxeon Solar Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 0.46 0.54 10.60 -394.63 -1.06

Maxeon Solar Technologies Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 -394.63 -14.76 -1.06 -0.98

FRA:5QJ1 vs FSLR, NXT, ENPH: Debt-to-Equity Comparison

For the Solar subindustry, Maxeon Solar Technologies'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.


Maxeon Solar Technologies Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Maxeon Solar Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Maxeon Solar Technologies's Debt-to-Equity falls into.


FRA:5QJ1
25GF Score
Maxeon Solar Technologies Ltd FRA:5QJ1
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maxeon Solar Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maxeon Solar Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Maxeon Solar Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.98 mean?
Maxeon Solar Technologies (FRA:5QJ1) has a Debt-to-Equity of -0.98 as of Jun. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Maxeon Solar Technologies and its competitors. According to the industry distribution chart, Maxeon Solar Technologies ranks #999999 out of 911 companies in the Semiconductors industry.
Is Maxeon Solar Technologies' Debt-to-Equity too high?
Maxeon Solar Technologies' current Debt-to-Equity is -0.98. Based on the distribution chart, Maxeon Solar Technologies ranks #999999 out of 911 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Maxeon Solar Technologies has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Maxeon Solar Technologies' Debt-to-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Maxeon Solar Technologies ranks #999999 out of 911 companies for Debt-to-Equity. This places Maxeon Solar Technologies in the lower half of its industry. The industry median Debt-to-Equity is 0.25. 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 0.25, based on 911 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. 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 Maxeon Solar Technologies and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxeon Solar Technologies's current Debt-to-Equity is -0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxeon Solar Technologies stock overvalued right now?
Maxeon Solar Technologies (FRA:5QJ1) has a current Debt-to-Equity of -0.98. The stock's GF Value™ is €5,820.00, compared to a current price of €0.20 — trading 100% below its estimated fair value. The current Debt-to-Equity is -0.98. Maxeon Solar Technologies' overall GF Score™ is 25/100 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 Maxeon Solar Technologies (FRA:5QJ1), the current Debt-to-Equity is -0.98 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 Maxeon Solar Technologies (FRA:5QJ1) Overvalued in 2026?

Based on GuruFocus' analysis, Maxeon Solar Technologies stock appears to be undervalued. The current stock price of €0.20 is trading 100% below its estimated GF Value™ of €5,820.00.

Key valuation signals for FRA:5QJ1:

  • Debt-to-Equity: -0.98
  • GF Value™: €5,820.00 vs. price of €0.20 (100% below fair value)
  • GF Score™: 25/100 with 8 warning signs

No single metric tells the full story. See the FRA:5QJ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxeon Solar Technologies Business Description

Other Exchanges MAXNQ:USA
Address 8 Marina Boulevard, No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981
Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, Italy, and Rest of world.
25GF Score

Get the complete analysis for FRA:5QJ1

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.20
Price
€5,820.00
GF Value