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Naturgy Energy GroupGASNF -5.25%69 Debt-to-Equity is 1.79 as of Dec. 2025, which is 3% above its 10-year median of 1.74. GuruFocus rates GASNF with a GF Score™ of 69/100 and a GF Value™ of $25.48 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 473 Utilities - Regulated companies, Naturgy Energy Group ranks worse than 78.86% 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 Naturgy Energy Group's Debt-to-Equity or its related term are showing as below:
GASNF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21 Med: 1.74 Max: 2.84
Current: 1.79
During the past 13 years, the highest Debt-to-Equity Ratio of Naturgy Energy Group was 2.84. The lowest was 1.21. And the median was 1.74.
GASNF's Debt-to-Equity is ranked worse than 78.86% of 473
companies
in the Utilities - Regulated industry
Industry Median: 0.99
vs GASNF: 1.79
Naturgy Energy Group (OTCPK:GASNF) Debt-to-Equity Explanation
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.
Naturgy Energy Group Debt-to-Equity Related Terms
Naturgy Energy Group Debt-to-Equity Historical Data
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The historical data trend for Naturgy Energy Group'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.
For the Utilities - Regulated Gas subindustry, Naturgy Energy 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.
Naturgy Energy Group Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Naturgy Energy 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.
Naturgy Energy Group (GASNF) has a Debt-to-Equity of 1.79 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Naturgy Energy Group and its competitors. This is near median its historical median of 1.74. Over the past decade, Naturgy Energy Group's Debt-to-Equity has ranged from 1.21 to 2.84. According to the industry distribution chart, Naturgy Energy Group ranks #373 out of 473 companies in the Utilities - Regulated industry, placing it in the top 78.9%.
Is Naturgy Energy Group's Debt-to-Equity too high?
Naturgy Energy Group's current Debt-to-Equity of 1.79 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.84. The Utilities - Regulated industry median Debt-to-Equity is 0.99. Naturgy Energy Group's value of 1.79 is 80.8% above this industry median. Based on the distribution chart, Naturgy Energy Group ranks #373 out of 473 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Naturgy Energy Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's Debt-to-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Naturgy Energy Group ranks #373 out of 473 companies for Debt-to-Equity. This places Naturgy Energy Group in the lower half of its industry. The industry median Debt-to-Equity is 0.99. Naturgy Energy Group's value of 1.79 is 80.8% above this benchmark. Historically, Naturgy Energy Group's own Debt-to-Equity has ranged from 1.21 to 2.84 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 0.99, Naturgy Energy Group 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 an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.99, based on 473 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. Naturgy Energy Group's current Debt-to-Equity of 1.79 is 80.8% 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 Naturgy Energy Group and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturgy Energy Group's current Debt-to-Equity is 1.79, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Energy Group (GASNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.48, compared to a current price of $31.90 — trading 25.2% above its estimated fair value. The current Debt-to-Equity is 1.79, which is near median its 10-year median of 1.74 and 80.8% above the Utilities - Regulated industry median of 0.99. Naturgy Energy Group's overall GF Score™ is 69/100 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 Naturgy Energy Group (GASNF), the current Debt-to-Equity is 1.79 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 Naturgy Energy Group (GASNF) Overvalued in 2026?
Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued.
The current stock price of $31.90 is trading 25.2% above its estimated GF Value™ of $25.48.
GuruFocus considers Naturgy Energy Group to be Modestly Overvalued.
Key valuation signals for GASNF:
Debt-to-Equity: 1.79 (near median its 10-year median of 1.74)
GF Value™: $25.48 vs. price of $31.90 (25.2% above fair value)
Industry Position: 80.8% above the Utilities - Regulated median (#373 of 473)
No single metric tells the full story. See the GASNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
69GF Score
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