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Kandi Technologies GroupFRA:K40 50 Debt-to-Equity is 0.18 as of Dec. 2025, which is 28% below its 10-year median of 0.25. GuruFocus rates FRA:K40 with a GF Score™ of 50/100 and a GF Value™ of €3.67. The stock has 7 warning signs investors should review. Among 1,222 Vehicles & Parts companies, Kandi Technologies Group ranks better than 72.75% 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 Kandi Technologies Group's Debt-to-Equity or its related term are showing as below:
FRA:K40'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.25 Max: 0.41
Current: 0.18
During the past 13 years, the highest Debt-to-Equity Ratio of Kandi Technologies Group was 0.41. The lowest was 0.03. And the median was 0.25.
FRA:K40's Debt-to-Equity is ranked better than 72.75% of 1222
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs FRA:K40: 0.18
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.
Kandi Technologies Group Debt-to-Equity Related Terms
Kandi Technologies Group 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:K40 vs MAMO, LFEV, VEEE: Debt-to-Equity Comparison
For the Recreational Vehicles subindustry, Kandi Technologies Group'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.
Kandi Technologies Group Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kandi Technologies Group'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.
Kandi Technologies Group (FRA:K40) has a Debt-to-Equity of 0.18 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kandi Technologies Group and its competitors. This is 28% below median its historical median of 0.25. Over the past decade, Kandi Technologies Group's Debt-to-Equity has ranged from 0.03 to 0.41. According to the industry distribution chart, Kandi Technologies Group ranks #333 out of 1222 companies in the Vehicles & Parts industry, placing it in the top 27.3%.
Is Kandi Technologies Group's Debt-to-Equity too high?
Kandi Technologies Group's current Debt-to-Equity of 0.18 is 28% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.41. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Kandi Technologies Group's value of 0.18 is 60.9% below this industry median. Based on the distribution chart, Kandi Technologies Group ranks #333 out of 1222 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Kandi Technologies Group has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Kandi Technologies Group's Debt-to-Equity compare to MAMO and LFEV?
According to the Vehicles & Parts industry distribution chart, Kandi Technologies Group ranks #333 out of 1222 companies for Debt-to-Equity. This puts Kandi Technologies Group in the upper half of its industry. The industry median Debt-to-Equity is 0.46. Kandi Technologies Group's value of 0.18 is 60.9% below this benchmark. Historically, Kandi Technologies Group's own Debt-to-Equity has ranged from 0.03 to 0.41 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.46, Kandi Technologies Group 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,222 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. Kandi Technologies Group's current Debt-to-Equity of 0.18 is 60.9% 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 Kandi Technologies Group and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandi Technologies Group's current Debt-to-Equity is 0.18, which is 28% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandi Technologies Group stock overvalued right now?
Kandi Technologies Group (FRA:K40) has a current Debt-to-Equity of 0.18. The stock's GF Value™ is €3.67, compared to a current price of €2.02 — trading 45.1% below its estimated fair value. The current Debt-to-Equity is 0.18, which is 28% below median its 10-year median of 0.25 and 60.9% below the Vehicles & Parts industry median of 0.46. Kandi Technologies Group's overall GF Score™ is 50/100 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 Kandi Technologies Group (FRA:K40), the current Debt-to-Equity is 0.18 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 Kandi Technologies Group (FRA:K40) Overvalued in 2026?
Based on GuruFocus' analysis, Kandi Technologies Group stock appears to be undervalued.
The current stock price of €2.02 is trading 45.1% below its estimated GF Value™ of €3.67.
Key valuation signals for FRA:K40:
Debt-to-Equity: 0.18 (28% below median its 10-year median of 0.25)
GF Value™: €3.67 vs. price of €2.02 (45.1% below fair value)
Industry Position: 60.9% below the Vehicles & Parts median (#333 of 1222)
No single metric tells the full story. See the FRA:K40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kandi Technologies Group Inc is engaged in developing, manufacturing, and commercializing fully electric vehicle products and related technologies. Its products mainly consist of EV parts, EV products, and off-road vehicles, including All-Terrain Vehicles (ATVs), UTVs, go-karts, electric scooters, electric self-balancing scooters, and associated parts, and Lithium-ion cells, etc. The company generates maximum revenue from the sale of Off-road vehicles and associated parts. Geographically, it derives maximum revenue from the United States and other countries, followed by China.
50GF Score
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