Grid Dynamics HoldingsGDYN -0.34%71 Debt-to-Equity is 0.03 as of Mar. 2026, which is at its 10-year median of 0.03. GuruFocus rates GDYN with a GF Score™ of 71/100 and a GF Value™ of $13.02 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,237 Software companies, Grid Dynamics Holdings ranks better than 85.83% 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 Grid Dynamics Holdings's Debt-to-Equity or its related term are showing as below:
GDYN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.04
Current: 0.03
During the past 9 years, the highest Debt-to-Equity Ratio of Grid Dynamics Holdings was 0.04. The lowest was 0.02. And the median was 0.03.
GDYN's Debt-to-Equity is ranked better than 85.83% of 2237
companies
in the Software industry
Industry Median: 0.19
vs GDYN: 0.03
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.
Grid Dynamics Holdings Debt-to-Equity Related Terms
Grid Dynamics Holdings Debt-to-Equity Historical Data
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The historical data trend for Grid Dynamics 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.
GDYN vs TASK, IBEX, FCCN: Debt-to-Equity Comparison
For the Information Technology Services subindustry, Grid Dynamics 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.
Grid Dynamics Holdings Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Grid Dynamics Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Grid Dynamics 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.
Grid Dynamics Holdings (GDYN) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grid Dynamics Holdings and its competitors. This is near median its historical median of 0.03. Over the past decade, Grid Dynamics Holdings' Debt-to-Equity has ranged from 0.02 to 0.04. According to the industry distribution chart, Grid Dynamics Holdings ranks #317 out of 2237 companies in the Software industry, placing it in the top 14.2%.
Is Grid Dynamics Holdings' Debt-to-Equity too high?
Grid Dynamics Holdings' current Debt-to-Equity of 0.03 is near median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.04. The Software industry median Debt-to-Equity is 0.19. Grid Dynamics Holdings' value of 0.03 is 84.2% below this industry median. Based on the distribution chart, Grid Dynamics Holdings ranks #317 out of 2237 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Grid Dynamics Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grid Dynamics Holdings' Debt-to-Equity compare to TASK and IBEX?
According to the Software industry distribution chart, Grid Dynamics Holdings ranks #317 out of 2237 companies for Debt-to-Equity. This places Grid Dynamics Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.19. Grid Dynamics Holdings' value of 0.03 is 84.2% below this benchmark. Historically, Grid Dynamics Holdings' own Debt-to-Equity has ranged from 0.02 to 0.04 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.19, Grid Dynamics 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,237 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. Grid Dynamics Holdings's current Debt-to-Equity of 0.03 is 84.2% 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 Grid Dynamics Holdings and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grid Dynamics Holdings's current Debt-to-Equity is 0.03, which is near median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grid Dynamics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grid Dynamics Holdings (GDYN) is currently considered Significantly Undervalued. The stock's GF Value™ is $13.02, compared to a current price of $5.90 — trading 54.7% below its estimated fair value. The current Debt-to-Equity is 0.03, which is near median its 10-year median of 0.03 and 84.2% below the Software industry median of 0.19. Grid Dynamics Holdings' overall GF Score™ is 71/100 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 Grid Dynamics Holdings (GDYN), the current Debt-to-Equity is 0.03 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 Grid Dynamics Holdings (GDYN) Overvalued in 2026?
Based on GuruFocus' analysis, Grid Dynamics Holdings stock appears to be undervalued.
The current stock price of $5.90 is trading 54.7% below its estimated GF Value™ of $13.02.
GuruFocus considers Grid Dynamics Holdings to be Significantly Undervalued.
Key valuation signals for GDYN:
Debt-to-Equity: 0.03 (near median its 10-year median of 0.03)
GF Value™: $13.02 vs. price of $5.90 (54.7% below fair value)
Industry Position: 84.2% below the Software median (#317 of 2237)
No single metric tells the full story. See the GDYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grid Dynamics Holdings Inc is a provider of technology consulting, platform and product engineering, and advanced analytics services. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. The company derives maximum revenue from Retails. Geographically company earns revenue from North America, Europe and other regions.
71GF Score
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