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TAV Havalimanlari Holding ASFRA:5THA +4.81%70 Debt-to-Equity is 1.34 as of Jun. 2026, which is 11% below its 10-year median of 1.51. GuruFocus rates FRA:5THA with a GF Score™ of 70/100 and a GF Value™ of €27.74 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 911 Transportation companies, TAV Havalimanlari Holding AS ranks worse than 79.8% 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 TAV Havalimanlari Holding AS's Debt-to-Equity or its related term are showing as below:
FRA:5THA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 1.51 Max: 2.49
Current: 1.34
During the past 13 years, the highest Debt-to-Equity Ratio of TAV Havalimanlari Holding AS was 2.49. The lowest was 1.09. And the median was 1.51.
FRA:5THA's Debt-to-Equity is ranked worse than 79.8% of 911
companies
in the Transportation industry
Industry Median: 0.53
vs FRA:5THA: 1.34
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.
TAV Havalimanlari Holding AS Debt-to-Equity Related Terms
TAV Havalimanlari Holding AS 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.
For the Airports & Air Services subindustry, TAV Havalimanlari Holding AS'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.
TAV Havalimanlari Holding AS Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, TAV Havalimanlari Holding AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TAV Havalimanlari Holding AS'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.
TAV Havalimanlari Holding AS (FRA:5THA) has a Debt-to-Equity of 1.34 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TAV Havalimanlari Holding AS and its competitors. This is 11% below median its historical median of 1.51. Over the past decade, TAV Havalimanlari Holding AS's Debt-to-Equity has ranged from 1.09 to 2.49. According to the industry distribution chart, TAV Havalimanlari Holding AS ranks #727 out of 911 companies in the Transportation industry, placing it in the top 79.8%.
Is TAV Havalimanlari Holding AS's Debt-to-Equity too high?
TAV Havalimanlari Holding AS's current Debt-to-Equity of 1.34 is 11% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 2.49. The Transportation industry median Debt-to-Equity is 0.53. TAV Havalimanlari Holding AS's value of 1.34 is 152.8% above this industry median. Based on the distribution chart, TAV Havalimanlari Holding AS ranks #727 out of 911 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, TAV Havalimanlari Holding AS has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAV Havalimanlari Holding AS's Debt-to-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, TAV Havalimanlari Holding AS ranks #727 out of 911 companies for Debt-to-Equity. This places TAV Havalimanlari Holding AS in the lower half of its industry. The industry median Debt-to-Equity is 0.53. TAV Havalimanlari Holding AS's value of 1.34 is 152.8% above this benchmark. Historically, TAV Havalimanlari Holding AS's own Debt-to-Equity has ranged from 1.09 to 2.49 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 0.53, TAV Havalimanlari Holding AS 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, 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. TAV Havalimanlari Holding AS's current Debt-to-Equity of 1.34 is 152.8% 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 TAV Havalimanlari Holding AS and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAV Havalimanlari Holding AS's current Debt-to-Equity is 1.34, which is 11% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAV Havalimanlari Holding AS stock overvalued right now?
Based on GuruFocus' analysis, TAV Havalimanlari Holding AS (FRA:5THA) is currently considered Modestly Undervalued. The stock's GF Value™ is €27.74, compared to a current price of €19.60 — trading 29.3% below its estimated fair value. The current Debt-to-Equity is 1.34, which is 11% below median its 10-year median of 1.51 and 152.8% above the Transportation industry median of 0.53. TAV Havalimanlari Holding AS's overall GF Score™ is 70/100 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 TAV Havalimanlari Holding AS (FRA:5THA), the current Debt-to-Equity is 1.34 as of Jun. 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 TAV Havalimanlari Holding AS (FRA:5THA) Overvalued in 2026?
Based on GuruFocus' analysis, TAV Havalimanlari Holding AS stock appears to be undervalued.
The current stock price of €19.60 is trading 29.3% below its estimated GF Value™ of €27.74.
GuruFocus considers TAV Havalimanlari Holding AS to be Modestly Undervalued.
Key valuation signals for FRA:5THA:
Debt-to-Equity: 1.34 (11% below median its 10-year median of 1.51)
GF Value™: €27.74 vs. price of €19.60 (29.3% below fair value)
Industry Position: 152.8% above the Transportation median (#727 of 911)
No single metric tells the full story. See the FRA:5THA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAV Havalimanlari Holding AS constructs, manages, and operates terminal buildings and the operation of terminals or airports. The company organises itself into five segments: Terminal operations, Catering operations, Duty free operations, Ground handling and bus operations, and Other operations. Terminal operations, which contribute approximately half the company's revenue and the majority of profit, operate terminal buildings and car parks. Ground handling, bus operations, and duty-free operations are the next segments. The company is headquartered in Turkey and derives the majority of its revenue domestically.
70GF Score
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