Chiyoda (FRA:CYA) Debt-to-Equity: 0.22 (As of Dec. 2025) — 81% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:CYA Chiyoda Corp FRA:CYA
64 GF Score
Price €3.58
GF Value €1.88
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Chiyoda Debt-to-Equity?

Chiyoda FRA:CYA -0.56% 64 Debt-to-Equity is 0.22 as of Dec. 2025, which is 81% below its 10-year median of 1.13. GuruFocus rates FRA:CYA with a GF Score™ of 64/100 and a GF Value™ of €1.88 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,611 Construction companies, Chiyoda ranks better than 67.66% on this metric.

Chiyoda's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €7 Mil. Chiyoda's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €119 Mil. Chiyoda's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €587 Mil. Chiyoda's debt to equity for the quarter that ended in Dec. 2025 was 0.21.

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 Chiyoda's Debt-to-Equity or its related term are showing as below:

FRA:CYA' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.27   Med: 1.13   Max: 4.86
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Chiyoda was 4.86. The lowest was -0.27. And the median was 1.13.

FRA:CYA's Debt-to-Equity is ranked better than
67.66% of 1611 companies
in the Construction industry
Industry Median: 0.41 vs FRA:CYA: 0.20

Chiyoda  (FRA:CYA) 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.


Chiyoda Debt-to-Equity Related Terms


Chiyoda Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Chiyoda'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.

Chiyoda Debt-to-Equity Chart

Chiyoda Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 1.31 4.86 1.00 0.20

Chiyoda Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.79 0.52 0.22 0.20

FRA:CYA vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Chiyoda'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.


Chiyoda Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Chiyoda's Debt-to-Equity distribution charts can be found below:

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


FRA:CYA
64GF Score
Chiyoda Corp FRA:CYA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Chiyoda Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chiyoda's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Chiyoda's Debt to Equity Ratio for the quarter that ended in Dec. 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 0.22 mean?
Chiyoda (FRA:CYA) has a Debt-to-Equity of 0.22 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Chiyoda and its competitors. This is 81% below median its historical median of 1.13. According to the industry distribution chart, Chiyoda ranks #521 out of 1611 companies in the Construction industry, placing it in the top 32.3%.
Is Chiyoda's Debt-to-Equity too high?
Chiyoda's current Debt-to-Equity of 0.22 is 81% below median its 10-year median of 1.13. The Construction industry median Debt-to-Equity is 0.41. Chiyoda's value of 0.22 is 46.3% below this industry median. Based on the distribution chart, Chiyoda ranks #521 out of 1611 companies in the Construction industry, which is above the industry midpoint. Overall, Chiyoda has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiyoda's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Chiyoda ranks #521 out of 1611 companies for Debt-to-Equity. This puts Chiyoda in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Chiyoda's value of 0.22 is 46.3% below this benchmark. While the company's 10-year median is 1.13 vs. the industry median of 0.41, Chiyoda 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 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. Chiyoda's current Debt-to-Equity of 0.22 is 46.3% 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 Chiyoda and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chiyoda's current Debt-to-Equity is 0.22, which is 81% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiyoda stock overvalued right now?
Based on GuruFocus' analysis, Chiyoda (FRA:CYA) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.88, compared to a current price of €3.58 — trading 90.4% above its estimated fair value. The current Debt-to-Equity is 0.22, which is 81% below median its 10-year median of 1.13 and 46.3% below the Construction industry median of 0.41. Chiyoda's overall GF Score™ is 64/100 with 1 warning sign 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 Chiyoda (FRA:CYA), the current Debt-to-Equity is 0.22 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 Chiyoda (FRA:CYA) Overvalued in 2026?

Based on GuruFocus' analysis, Chiyoda stock appears to be overvalued. The current stock price of €3.58 is trading 90.4% above its estimated GF Value™ of €1.88. GuruFocus considers Chiyoda to be Significantly Overvalued.

Key valuation signals for FRA:CYA:

  • Debt-to-Equity: 0.22 (81% below median its 10-year median of 1.13)
  • GF Value™: €1.88 vs. price of €3.58 (90.4% above fair value)
  • GF Score™: 64/100 with 1 warning sign
  • Industry Position: 46.3% below the Construction median (#521 of 1611)

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


Chiyoda Business Description

Address Minatomirai 4-chome, Nishi-ku, Minatomirai Grand Central Tower 6-2, Yokohama, JPN, 220-8765
Chiyoda Corp offers engineering, procurement, and construction, or EPC, services to the energy and chemical industries. The Japanese firm is involved in two main areas of activity: energy and environment. Its energy segment involves constructing liquefied natural gas plants and other gas-related facilities. Chiyoda also provides EPC, operation, expansion, and improvement services to petrochemical and metal firms through this business. The environment segment includes EPC work on pharmaceutical manufacturers as well as preservation technology offerings like air pollution control and wastewater treatment. Chiyoda uses artificial intelligence technology to optimize plant operations in their digital transformation business. It earns the majority of its total revenue overseas.
64GF Score

Get the complete analysis for FRA:CYA

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

€3.58
Price
€1.88
GF Value