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Infroneer HoldingsFRA:96L +1.43%43 Debt-to-Equity is 0.93 as of Jun. 2026, which is 19% above its 10-year median of 0.78. GuruFocus rates FRA:96L with a GF Score™ of 43/100 and a GF Value™ of €10.78 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,616 Construction companies, Infroneer Holdings ranks worse than 73.76% 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 Infroneer Holdings's Debt-to-Equity or its related term are showing as below:
FRA:96L'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.78 Max: 1.26
Current: 0.93
During the past 5 years, the highest Debt-to-Equity Ratio of Infroneer Holdings was 1.26. The lowest was 0.38. And the median was 0.78.
FRA:96L's Debt-to-Equity is ranked worse than 73.76% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs FRA:96L: 0.93
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.
Infroneer Holdings Debt-to-Equity Related Terms
Infroneer Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Infroneer Holdings'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:96L vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Infroneer Holdings'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.
Infroneer Holdings Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Infroneer Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Infroneer Holdings'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.
Infroneer Holdings (FRA:96L) has a Debt-to-Equity of 0.93 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Infroneer Holdings and its competitors. This is 19% above median its historical median of 0.78. Over the past decade, Infroneer Holdings' Debt-to-Equity has ranged from 0.38 to 1.26. According to the industry distribution chart, Infroneer Holdings ranks #1192 out of 1616 companies in the Construction industry, placing it in the top 73.8%.
Is Infroneer Holdings' Debt-to-Equity too high?
Infroneer Holdings' current Debt-to-Equity of 0.93 is 19% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.26. The Construction industry median Debt-to-Equity is 0.40. Infroneer Holdings' value of 0.93 is 132.5% above this industry median. Based on the distribution chart, Infroneer Holdings ranks #1192 out of 1616 companies in the Construction industry, which is below the industry midpoint. Overall, Infroneer Holdings has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infroneer Holdings' Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Infroneer Holdings ranks #1192 out of 1616 companies for Debt-to-Equity. This places Infroneer Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Infroneer Holdings' value of 0.93 is 132.5% above this benchmark. Historically, Infroneer Holdings' own Debt-to-Equity has ranged from 0.38 to 1.26 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.40, Infroneer Holdings 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. Infroneer Holdings's current Debt-to-Equity of 0.93 is 132.5% 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 Infroneer Holdings and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infroneer Holdings's current Debt-to-Equity is 0.93, which is 19% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infroneer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Infroneer Holdings (FRA:96L) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.78, compared to a current price of €14.20 — trading 31.7% above its estimated fair value. The current Debt-to-Equity is 0.93, which is 19% above median its 10-year median of 0.78 and 132.5% above the Construction industry median of 0.40. Infroneer Holdings' overall GF Score™ is 43/100 with 5 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 Infroneer Holdings (FRA:96L), the current Debt-to-Equity is 0.93 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 Infroneer Holdings (FRA:96L) Overvalued in 2026?
Based on GuruFocus' analysis, Infroneer Holdings stock appears to be overvalued.
The current stock price of €14.20 is trading 31.7% above its estimated GF Value™ of €10.78.
GuruFocus considers Infroneer Holdings to be Significantly Overvalued.
Key valuation signals for FRA:96L:
Debt-to-Equity: 0.93 (19% above median its 10-year median of 0.78)
GF Value™: €10.78 vs. price of €14.20 (31.7% above fair value)
Industry Position: 132.5% above the Construction median (#1192 of 1616)
No single metric tells the full story. See the FRA:96L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Infroneer Holdings Inc is a Japan-based company engaged in construction and infrastructure-related businesses. The company operates through five segments: the Construction Business, which handles construction work for apartment complexes, factories, and logistics facilities; the Civil Engineering Business, which focuses on bridges, tunnels, and related projects; the Paving Business, which conducts paving work and manufactures asphalt mixtures; the Machinery Business, which involves the sale and rental of construction machinery; and the Infrastructure Operation Business, which is engaged in concession projects and renewable energy-related operations including the development, maintenance, and management of public infrastructure. It generates majority of revenue from Construction segment.
43GF Score
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