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CTF ServicesFRA:NWS -5.75%51 Debt-to-Equity is 0.86 as of Dec. 2025, which is 91% above its 10-year median of 0.45. GuruFocus rates FRA:NWS with a GF Score™ of 51/100 and a GF Value™ of €0.69 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,612 Construction companies, CTF Services ranks worse than 71.59% 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 CTF Services's Debt-to-Equity or its related term are showing as below:
FRA:NWS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.45 Max: 0.89
Current: 0.86
During the past 13 years, the highest Debt-to-Equity Ratio of CTF Services was 0.89. The lowest was 0.20. And the median was 0.45.
FRA:NWS's Debt-to-Equity is ranked worse than 71.59% of 1612
companies
in the Construction industry
Industry Median: 0.41
vs FRA:NWS: 0.86
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.
CTF Services Debt-to-Equity Related Terms
CTF Services Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for CTF Services'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.
FRA:NWS vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, CTF 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.
CTF Services Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, CTF Services's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CTF 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.
CTF Services (FRA:NWS) has a Debt-to-Equity of 0.86 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CTF Services and its competitors. This is 91% above median its historical median of 0.45. Over the past decade, CTF Services' Debt-to-Equity has ranged from 0.20 to 0.89. According to the industry distribution chart, CTF Services ranks #1154 out of 1612 companies in the Construction industry, placing it in the top 71.6%.
Is CTF Services' Debt-to-Equity too high?
CTF Services' current Debt-to-Equity of 0.86 is 91% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.89. The Construction industry median Debt-to-Equity is 0.41. CTF Services' value of 0.86 is 109.8% above this industry median. Based on the distribution chart, CTF Services ranks #1154 out of 1612 companies in the Construction industry, which is below the industry midpoint. Overall, CTF Services has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTF Services' Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, CTF Services ranks #1154 out of 1612 companies for Debt-to-Equity. This places CTF Services in the lower half of its industry. The industry median Debt-to-Equity is 0.41. CTF Services' value of 0.86 is 109.8% above this benchmark. Historically, CTF Services' own Debt-to-Equity has ranged from 0.20 to 0.89 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.41, CTF 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,612 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. CTF Services's current Debt-to-Equity of 0.86 is 109.8% 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 CTF Services 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. CTF Services's current Debt-to-Equity is 0.86, which is 91% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTF Services stock overvalued right now?
Based on GuruFocus' analysis, CTF Services (FRA:NWS) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.69, compared to a current price of €0.82 — trading 18.8% above its estimated fair value. The current Debt-to-Equity is 0.86, which is 91% above median its 10-year median of 0.45 and 109.8% above the Construction industry median of 0.41. CTF Services' overall GF Score™ is 51/100 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 CTF Services (FRA:NWS), the current Debt-to-Equity is 0.86 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 CTF Services (FRA:NWS) Overvalued in 2026?
Based on GuruFocus' analysis, CTF Services stock appears to be overvalued.
The current stock price of €0.82 is trading 18.8% above its estimated GF Value™ of €0.69.
GuruFocus considers CTF Services to be Modestly Overvalued.
Key valuation signals for FRA:NWS:
Debt-to-Equity: 0.86 (91% above median its 10-year median of 0.45)
GF Value™: €0.69 vs. price of €0.82 (18.8% above fair value)
Industry Position: 109.8% above the Construction median (#1154 of 1612)
No single metric tells the full story. See the FRA:NWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTF Services Ltd is a conglomerate with a diversified portfolio of businesses, predominantly in Hong Kong and the Mainland. The group's businesses include toll roads, construction, insurance, logistics, and facilities management.
51GF Score
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