Martifer SGPS (FRA:FRW) Debt-to-Equity: 1.45 (As of Dec. 2025) — 19% Below Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:FRW Martifer SGPS SA FRA:FRW
71 GF Score
Price €2.28
GF Value €2.31
! 4 Warning Signs
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What is Martifer SGPS Debt-to-Equity?

Martifer SGPS FRA:FRW -0.44% 71 Debt-to-Equity is 1.45 as of Dec. 2025, which is 19% below its 10-year median of 1.78. GuruFocus rates FRA:FRW with a GF Score™ of 71/100 and a GF Value™ of €2.31. The stock has 4 warning signs investors should review. Among 1,617 Construction companies, Martifer SGPS ranks worse than 84.97% on this metric.

Martifer SGPS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €6.7 Mil. Martifer SGPS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €102.5 Mil. Martifer SGPS's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €75.4 Mil. Martifer SGPS's debt to equity for the quarter that ended in Dec. 2025 was 1.45.

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

FRA:FRW' s Debt-to-Equity Range Over the Past 10 Years
Min: -37.31   Med: 1.78   Max: 21.8
Current: 1.45

During the past 13 years, the highest Debt-to-Equity Ratio of Martifer SGPS was 21.80. The lowest was -37.31. And the median was 1.78.

FRA:FRW's Debt-to-Equity is ranked worse than
84.97% of 1617 companies
in the Construction industry
Industry Median: 0.4 vs FRA:FRW: 1.45

Martifer SGPS  (FRA:FRW) 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.


Martifer SGPS Debt-to-Equity Related Terms


Martifer SGPS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Martifer SGPS'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.

Martifer SGPS Debt-to-Equity Chart

Martifer SGPS 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 7.06 3.52 2.11 1.43 1.45

Martifer SGPS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.11 N/A 1.43 1.42 1.45

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

For the Engineering & Construction subindustry, Martifer SGPS'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.


Martifer SGPS Debt-to-Equity vs Construction Industry

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

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


FRA:FRW
71GF Score
Martifer SGPS SA FRA:FRW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Martifer SGPS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Martifer SGPS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Martifer SGPS'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 1.45 mean?
Martifer SGPS (FRA:FRW) has a Debt-to-Equity of 1.45 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Martifer SGPS and its competitors. This is 19% below median its historical median of 1.78. According to the industry distribution chart, Martifer SGPS ranks #1374 out of 1617 companies in the Construction industry, placing it in the top 85%.
Is Martifer SGPS's Debt-to-Equity too high?
Martifer SGPS's current Debt-to-Equity of 1.45 is 19% below median its 10-year median of 1.78. The Construction industry median Debt-to-Equity is 0.40. Martifer SGPS's value of 1.45 is 262.5% above this industry median. Based on the distribution chart, Martifer SGPS ranks #1374 out of 1617 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Martifer SGPS has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Martifer SGPS's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Martifer SGPS ranks #1374 out of 1617 companies for Debt-to-Equity. This places Martifer SGPS in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Martifer SGPS's value of 1.45 is 262.5% above this benchmark. While the company's 10-year median is 1.78 vs. the industry median of 0.40, Martifer SGPS 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. Martifer SGPS's current Debt-to-Equity of 1.45 is 262.5% 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 Martifer SGPS 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. Martifer SGPS's current Debt-to-Equity is 1.45, which is 19% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martifer SGPS stock overvalued right now?
Martifer SGPS (FRA:FRW) has a current Debt-to-Equity of 1.45. The stock's GF Value™ is €2.31, compared to a current price of €2.28 — trading 1.3% below its estimated fair value. The current Debt-to-Equity is 1.45, which is 19% below median its 10-year median of 1.78 and 262.5% above the Construction industry median of 0.40. Martifer SGPS's overall GF Score™ is 71/100 with 4 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 Martifer SGPS (FRA:FRW), the current Debt-to-Equity is 1.45 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 Martifer SGPS (FRA:FRW) Overvalued in 2026?

Based on GuruFocus' analysis, Martifer SGPS stock appears to be undervalued. The current stock price of €2.28 is trading 1.3% below its estimated GF Value™ of €2.31.

Key valuation signals for FRA:FRW:

  • Debt-to-Equity: 1.45 (19% below median its 10-year median of 1.78)
  • GF Value™: €2.31 vs. price of €2.28 (1.3% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 262.5% above the Construction median (#1374 of 1617)

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


Martifer SGPS Business Description

Other Exchanges MAR:Portugal0GOI:UK
Address Apartado 17, Zona Industrial, Oliveira de Frades, PRT, 3684-001
Martifer SGPS SA is Portugal based holding company. Along with its subsidiaries, the firm operates in three business divisions: Metallic Constructions, which provides metallic constructions, aluminum and glass facades, and infrastructures for oil & gas; Naval Industry segment includes shipbuilding as well as the rendering of ship repair and ship conversion services; and Renewables segment includes the promotion and development of renewable energy projects, with special focus on the wind energy sector. Its geographical segments are Iberian Peninsula, Central Europe, and Other markets.
71GF Score

Get the complete analysis for FRA:FRW

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

€2.28
Price
€2.31
GF Value