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Bangkok Airways PCLFRA:8BA +2.90%67 Debt-to-Equity is 1.67 as of Mar. 2026, which is 42% above its 10-year median of 1.18. GuruFocus rates FRA:8BA with a GF Score™ of 67/100 and a GF Value™ of €0.47. The stock has 8 warning signs investors should review. Among 909 Transportation companies, Bangkok Airways PCL ranks worse than 84.93% 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 Bangkok Airways PCL's Debt-to-Equity or its related term are showing as below:
FRA:8BA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 1.18 Max: 2.08
Current: 1.67
During the past 13 years, the highest Debt-to-Equity Ratio of Bangkok Airways PCL was 2.08. The lowest was 0.46. And the median was 1.18.
FRA:8BA's Debt-to-Equity is ranked worse than 84.93% of 909
companies
in the Transportation industry
Industry Median: 0.53
vs FRA:8BA: 1.67
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.
Bangkok Airways PCL Debt-to-Equity Related Terms
Bangkok Airways PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bangkok Airways PCL'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:8BA vs DAL, UAL, LUV: Debt-to-Equity Comparison
For the Airlines subindustry, Bangkok Airways PCL'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.
Bangkok Airways PCL Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Bangkok Airways PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bangkok Airways PCL'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.
Bangkok Airways PCL (FRA:8BA) has a Debt-to-Equity of 1.67 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bangkok Airways PCL and its competitors. This is 42% above median its historical median of 1.18. Over the past decade, Bangkok Airways PCL's Debt-to-Equity has ranged from 0.46 to 2.08. According to the industry distribution chart, Bangkok Airways PCL ranks #772 out of 909 companies in the Transportation industry, placing it in the top 84.9%.
Is Bangkok Airways PCL's Debt-to-Equity too high?
Bangkok Airways PCL's current Debt-to-Equity of 1.67 is 42% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.08. The Transportation industry median Debt-to-Equity is 0.53. Bangkok Airways PCL's value of 1.67 is 215.1% above this industry median. Based on the distribution chart, Bangkok Airways PCL ranks #772 out of 909 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bangkok Airways PCL has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Bangkok Airways PCL's Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Bangkok Airways PCL ranks #772 out of 909 companies for Debt-to-Equity. This places Bangkok Airways PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Bangkok Airways PCL's value of 1.67 is 215.1% above this benchmark. Historically, Bangkok Airways PCL's own Debt-to-Equity has ranged from 0.46 to 2.08 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.53, Bangkok Airways PCL 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 909 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. Bangkok Airways PCL's current Debt-to-Equity of 1.67 is 215.1% 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 Bangkok Airways PCL 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. Bangkok Airways PCL's current Debt-to-Equity is 1.67, which is 42% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Airways PCL stock overvalued right now?
Bangkok Airways PCL (FRA:8BA) has a current Debt-to-Equity of 1.67. The stock's GF Value™ is €0.47, compared to a current price of €0.50 — trading 5.5% above its estimated fair value. The current Debt-to-Equity is 1.67, which is 42% above median its 10-year median of 1.18 and 215.1% above the Transportation industry median of 0.53. Bangkok Airways PCL's overall GF Score™ is 67/100 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 Bangkok Airways PCL (FRA:8BA), the current Debt-to-Equity is 1.67 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 Bangkok Airways PCL (FRA:8BA) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Airways PCL stock appears to be overvalued.
The current stock price of €0.50 is trading 5.5% above its estimated GF Value™ of €0.47.
Key valuation signals for FRA:8BA:
Debt-to-Equity: 1.67 (42% above median its 10-year median of 1.18)
GF Value™: €0.47 vs. price of €0.50 (5.5% above fair value)
Industry Position: 215.1% above the Transportation median (#772 of 909)
No single metric tells the full story. See the FRA:8BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Airways PCL is principally engaged in the provision of air transportation and airport services. It operates in three segments; The airline segment sells tickets and provides services to passengers, the airport segment provides location services for passengers and airlines, and the supporting airline business segment, which provides ground handling, cargo, and catering services for airlines and customers. The majority of its revenue is from the Airline segment. It mainly operates in Thailand.
67GF Score
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