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JGC HoldingsFRA:VJC +0.82%75 Debt-to-Equity is 0.08 as of Mar. 2026, which is 33% below its 10-year median of 0.12. GuruFocus rates FRA:VJC with a GF Score™ of 75/100 and a GF Value™ of €7.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,616 Construction companies, JGC Holdings ranks better than 82.55% 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 JGC Holdings's Debt-to-Equity or its related term are showing as below:
FRA:VJC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.19
Current: 0.08
During the past 13 years, the highest Debt-to-Equity Ratio of JGC Holdings was 0.19. The lowest was 0.07. And the median was 0.12.
FRA:VJC's Debt-to-Equity is ranked better than 82.55% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs FRA:VJC: 0.08
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.
JGC Holdings Debt-to-Equity Related Terms
JGC Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for JGC Holdings'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:VJC vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, JGC Holdings'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.
JGC Holdings Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, JGC Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where JGC Holdings'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.
JGC Holdings (FRA:VJC) has a Debt-to-Equity of 0.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JGC Holdings and its competitors. This is 33% below median its historical median of 0.12. Over the past decade, JGC Holdings' Debt-to-Equity has ranged from 0.07 to 0.19. According to the industry distribution chart, JGC Holdings ranks #282 out of 1616 companies in the Construction industry, placing it in the top 17.5%.
Is JGC Holdings' Debt-to-Equity too high?
JGC Holdings' current Debt-to-Equity of 0.08 is 33% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.19. The Construction industry median Debt-to-Equity is 0.40. JGC Holdings' value of 0.08 is 80% below this industry median. Based on the distribution chart, JGC Holdings ranks #282 out of 1616 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, JGC Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JGC Holdings' Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, JGC Holdings ranks #282 out of 1616 companies for Debt-to-Equity. This places JGC Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.40. JGC Holdings' value of 0.08 is 80% below this benchmark. Historically, JGC Holdings' own Debt-to-Equity has ranged from 0.07 to 0.19 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.40, JGC Holdings 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. JGC Holdings's current Debt-to-Equity of 0.08 is 80% 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 JGC Holdings 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. JGC Holdings's current Debt-to-Equity is 0.08, which is 33% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JGC Holdings stock overvalued right now?
Based on GuruFocus' analysis, JGC Holdings (FRA:VJC) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.00, compared to a current price of €12.30 — trading 75.7% above its estimated fair value. The current Debt-to-Equity is 0.08, which is 33% below median its 10-year median of 0.12 and 80% below the Construction industry median of 0.40. JGC Holdings' overall GF Score™ is 75/100 with 3 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 JGC Holdings (FRA:VJC), the current Debt-to-Equity is 0.08 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 JGC Holdings (FRA:VJC) Overvalued in 2026?
Based on GuruFocus' analysis, JGC Holdings stock appears to be overvalued.
The current stock price of €12.30 is trading 75.7% above its estimated GF Value™ of €7.00.
GuruFocus considers JGC Holdings to be Significantly Overvalued.
Key valuation signals for FRA:VJC:
Debt-to-Equity: 0.08 (33% below median its 10-year median of 0.12)
GF Value™: €7.00 vs. price of €12.30 (75.7% above fair value)
Industry Position: 80% below the Construction median (#282 of 1616)
No single metric tells the full story. See the FRA:VJC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JGC Holdings Corp is a Japan-based company engaged in providing infrastructure construction services. The company operates through two segments. The Comprehensive Engineering segment provides EPC services including design, procurement, construction, and commissioning of equipment and facilities for petroleum, oil refining, petrochemicals, gas, and LNG. The Functional Materials Manufacturing segment produces and sells catalysts, nanoparticle technology products, clean and safety materials, electronic materials, high-performance ceramics, and next-generation energy solutions. The Others segment includes consulting, office support, desalination, and crude oil and gas production and sales. It generates the majority of its revenue from the Comprehensive engineering segment.
75GF Score
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