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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 Digital Workforce Services's Debt-to-Equity or its related term are showing as below:
FRA:DQ4'
s Debt-to-Equity Range Over the Past 10 Years
Min: -3.33 Med: 0.08 Max: 9.04
Current: 0.36
During the past 8 years, the highest Debt-to-Equity Ratio of Digital Workforce Services was 9.04. The lowest was -3.33. And the median was 0.08.
FRA:DQ4's Debt-to-Equity is ranked worse than 62.88% of 2247
companies
in the Software industry
Industry Median: 0.2
vs FRA:DQ4: 0.36
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.
Digital Workforce Services Debt-to-Equity Related Terms
Digital Workforce Services 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.
FRA:DQ4 vs IBM, ACN, CTSH: Debt-to-Equity Comparison
For the Information Technology Services subindustry, Digital Workforce Services'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.
Digital Workforce Services Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Digital Workforce Services's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Digital Workforce Services'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.
Digital Workforce Services (FRA:DQ4) has a Debt-to-Equity of 0.36 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digital Workforce Services and its competitors. This is 350% above median its historical median of 0.08. According to the industry distribution chart, Digital Workforce Services ranks #1413 out of 2247 companies in the Software industry, placing it in the top 62.9%.
Is Digital Workforce Services' Debt-to-Equity too high?
Digital Workforce Services' current Debt-to-Equity of 0.36 is 350% above median its 10-year median of 0.08. The Software industry median Debt-to-Equity is 0.20. Digital Workforce Services' value of 0.36 is 80% above this industry median. Based on the distribution chart, Digital Workforce Services ranks #1413 out of 2247 companies in the Software industry, which is below the industry midpoint. Overall, Digital Workforce Services has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Digital Workforce Services' Debt-to-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Digital Workforce Services ranks #1413 out of 2247 companies for Debt-to-Equity. This places Digital Workforce Services in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Digital Workforce Services' value of 0.36 is 80% above this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.20, Digital Workforce Services 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,247 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. Digital Workforce Services's current Debt-to-Equity of 0.36 is 80% 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 Digital Workforce Services and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Workforce Services's current Debt-to-Equity is 0.36, which is 350% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Workforce Services stock overvalued right now?
Digital Workforce Services (FRA:DQ4) has a current Debt-to-Equity of 0.36. The stock's GF Value™ is €3.90, compared to a current price of €2.55 — trading 34.6% below its estimated fair value. The current Debt-to-Equity is 0.36, which is 350% above median its 10-year median of 0.08 and 80% above the Software industry median of 0.20. Digital Workforce Services' overall GF Score™ is 72/100 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 Digital Workforce Services (FRA:DQ4), the current Debt-to-Equity is 0.36 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 Digital Workforce Services (FRA:DQ4) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Workforce Services stock appears to be undervalued.
The current stock price of €2.55 is trading 34.6% below its estimated GF Value™ of €3.90.
Key valuation signals for FRA:DQ4:
Debt-to-Equity: 0.36 (350% above median its 10-year median of 0.08)
GF Value™: €3.90 vs. price of €2.55 (34.6% below fair value)
Industry Position: 80% above the Software median (#1413 of 2247)
No single metric tells the full story. See the FRA:DQ4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Workforce Services PLC provides business automation and technology solutions. With the Digital Workforce Outsmart platform and services including Enterprise AI agents organizations transform knowledge work, reduce costs, accelerate digitization, grow revenue, and improve customer experience. Its Design Services include Business Process Study, Process Redesign for Automation, and Advisory Se; and its Automation Delivery Services include IA Talent Augmentation, Implementation Projects, and Training and Mentoring. Geographically it operates in Finland, Sweden, Other Nordics, UK, Other EU, and Outside EU; deriving majority of the revenue from Finland.
72GF Score
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