Sichuan Expressway Group Co (FRA:EXF1) Debt-to-Equity: 2.08 (As of Mar. 2026) — 69% Above Median

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FRA:EXF1 Sichuan Expressway Group Co Ltd FRA:EXF1
45 GF Score
Price €0.49
GF Value €0.46
Valuation Fairly Valued
! 7 Warning Signs
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What is Sichuan Expressway Group Co Debt-to-Equity?

Sichuan Expressway Group Co FRA:EXF1 +0.83% 45 Debt-to-Equity is 2.08 as of Mar. 2026, which is 69% above its 10-year median of 1.23. GuruFocus rates FRA:EXF1 with a GF Score™ of 45/100 and a GF Value™ of €0.46 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,617 Construction companies, Sichuan Expressway Group Co ranks worse than 91.77% on this metric.

Sichuan Expressway Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €285 Mil. Sichuan Expressway Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €5,089 Mil. Sichuan Expressway Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €2,581 Mil. Sichuan Expressway Group Co's debt to equity for the quarter that ended in Mar. 2026 was 2.08.

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 Sichuan Expressway Group Co's Debt-to-Equity or its related term are showing as below:

FRA:EXF1' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09   Med: 1.23   Max: 2.56
Current: 2.08

During the past 13 years, the highest Debt-to-Equity Ratio of Sichuan Expressway Group Co was 2.56. The lowest was 1.09. And the median was 1.23.

FRA:EXF1's Debt-to-Equity is ranked worse than
91.77% of 1617 companies
in the Construction industry
Industry Median: 0.4 vs FRA:EXF1: 2.08

Sichuan Expressway Group Co  (FRA:EXF1) 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.


Sichuan Expressway Group Co Debt-to-Equity Related Terms


Sichuan Expressway Group Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sichuan Expressway Group Co'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.

Sichuan Expressway Group Co Debt-to-Equity Chart

Sichuan Expressway Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.53 2.40 2.09 1.98

Sichuan Expressway Group Co 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 1.96 1.93 1.95 1.98 2.08

Sichuan Expressway Group Co Debt-to-Equity Competitor Comparison

For the Infrastructure Operations subindustry, Sichuan Expressway Group Co'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.


Sichuan Expressway Group Co Debt-to-Equity vs Construction Industry

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

* The bar in red indicates where Sichuan Expressway Group Co's Debt-to-Equity falls into.


FRA:EXF1
45GF Score
Sichuan Expressway Group Co Ltd FRA:EXF1
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sichuan Expressway Group Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sichuan Expressway Group Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sichuan Expressway Group Co's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 2.08 mean?
Sichuan Expressway Group Co (FRA:EXF1) has a Debt-to-Equity of 2.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Sichuan Expressway Group Co and its competitors. This is 69% above median its historical median of 1.23. Over the past decade, Sichuan Expressway Group Co's Debt-to-Equity has ranged from 1.09 to 2.56. According to the industry distribution chart, Sichuan Expressway Group Co ranks #1484 out of 1617 companies in the Construction industry, placing it in the top 91.8%.
Is Sichuan Expressway Group Co's Debt-to-Equity too high?
Sichuan Expressway Group Co's current Debt-to-Equity of 2.08 is 69% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 2.56. The Construction industry median Debt-to-Equity is 0.40. Sichuan Expressway Group Co's value of 2.08 is 420% above this industry median. Based on the distribution chart, Sichuan Expressway Group Co ranks #1484 out of 1617 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Sichuan Expressway Group Co has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Expressway Group Co's Debt-to-Equity compare to competitors?
According to the Construction industry distribution chart, Sichuan Expressway Group Co ranks #1484 out of 1617 companies for Debt-to-Equity. This places Sichuan Expressway Group Co in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Sichuan Expressway Group Co's value of 2.08 is 420% above this benchmark. Historically, Sichuan Expressway Group Co's own Debt-to-Equity has ranged from 1.09 to 2.56 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 0.40, Sichuan Expressway Group Co 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 1,617 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. Sichuan Expressway Group Co's current Debt-to-Equity of 2.08 is 420% 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 Sichuan Expressway Group Co 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. Sichuan Expressway Group Co's current Debt-to-Equity is 2.08, which is 69% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Expressway Group Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Expressway Group Co (FRA:EXF1) is currently considered Fairly Valued. The stock's GF Value™ is €0.46, compared to a current price of €0.49 — trading 6.1% above its estimated fair value. The current Debt-to-Equity is 2.08, which is 69% above median its 10-year median of 1.23 and 420% above the Construction industry median of 0.40. Sichuan Expressway Group Co's overall GF Score™ is 45/100 with 7 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 Sichuan Expressway Group Co (FRA:EXF1), the current Debt-to-Equity is 2.08 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 Sichuan Expressway Group Co (FRA:EXF1) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Expressway Group Co stock appears to be overvalued. The current stock price of €0.49 is trading 6.1% above its estimated GF Value™ of €0.46. GuruFocus considers Sichuan Expressway Group Co to be Fairly Valued.

Key valuation signals for FRA:EXF1:

  • Debt-to-Equity: 2.08 (69% above median its 10-year median of 1.23)
  • GF Value™: €0.46 vs. price of €0.49 (6.1% above fair value)
  • GF Score™: 45/100 with 7 warning signs
  • Industry Position: 420% above the Construction median (#1484 of 1617)

No single metric tells the full story. See the FRA:EXF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Expressway Group Co Business Description

Address No. 252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is engaged in the investment, construction, operation, and management of certain expressway projects, green energy investment business, and integrated development of resources along the routes. The group is organised into business units based on their services and products, and has six reportable operating segments, which include Expressways, Construction Services, Transportation Services, Transportation Logistics, New Energy Technologies, and Others. A majority of its revenue is generated from the Expressways segment, which comprises the operation of expressways and a high-grade toll bridge in Mainland China. Geographically, the group derives all of its revenue from Mainland China.
45GF Score

Get the complete analysis for FRA:EXF1

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

€0.49
Price
€0.46
GF Value