GKTRF (Gek Terna) Debt-to-Equity: 3.10 (As of Dec. 2025) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GKTRF Gek Terna SA GKTRF
60 GF Score
Price $55.05
GF Value $17.27
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is Gek Terna Debt-to-Equity?

Gek Terna GKTRF 60 Debt-to-Equity is 3.10 as of Dec. 2025, which is 13% below its 10-year median of 3.57. GuruFocus rates GKTRF with a GF Score™ of 60/100 and a GF Value™ of $17.27 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 1,620 Construction companies, Gek Terna ranks worse than 95.49% on this metric.

Gek Terna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $529 Mil. Gek Terna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $6,641 Mil. Gek Terna's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $2,315 Mil. Gek Terna's debt to equity for the quarter that ended in Dec. 2025 was 3.10.

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 Gek Terna's Debt-to-Equity or its related term are showing as below:

GKTRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.67   Med: 3.57   Max: 4.74
Current: 3.1

During the past 13 years, the highest Debt-to-Equity Ratio of Gek Terna was 4.74. The lowest was 2.67. And the median was 3.57.

GKTRF's Debt-to-Equity is ranked worse than
95.49% of 1620 companies
in the Construction industry
Industry Median: 0.4 vs GKTRF: 3.10

Gek Terna  (OTCPK:GKTRF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Gek Terna Debt-to-Equity Related Terms


Gek Terna Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gek Terna'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.

Gek Terna Debt-to-Equity Chart

Gek Terna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 3.54 3.30 2.78 3.10

Gek Terna Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.30 1.83 2.78 2.54 3.10

GKTRF vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Gek Terna'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.


Gek Terna Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Gek Terna's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gek Terna's Debt-to-Equity falls into.


GKTRF
60GF Score
Gek Terna SA GKTRF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gek Terna Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gek Terna's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Gek Terna's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 3.10 mean?
Gek Terna (GKTRF) has a Debt-to-Equity of 3.10 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gek Terna and its competitors. This is 13% below median its historical median of 3.57. Over the past decade, Gek Terna's Debt-to-Equity has ranged from 2.67 to 4.74. According to the industry distribution chart, Gek Terna ranks #1547 out of 1620 companies in the Construction industry, placing it in the top 95.5%.
Is Gek Terna's Debt-to-Equity too high?
Gek Terna's current Debt-to-Equity of 3.10 is 13% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 4.74. The Construction industry median Debt-to-Equity is 0.40. Gek Terna's value of 3.10 is 675% above this industry median. Based on the distribution chart, Gek Terna ranks #1547 out of 1620 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Gek Terna has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gek Terna's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Gek Terna ranks #1547 out of 1620 companies for Debt-to-Equity. This places Gek Terna in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Gek Terna's value of 3.10 is 675% above this benchmark. Historically, Gek Terna's own Debt-to-Equity has ranged from 2.67 to 4.74 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 0.40, Gek Terna 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 0.40, based on 1,620 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. Gek Terna's current Debt-to-Equity of 3.10 is 675% 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 Gek Terna 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. Gek Terna's current Debt-to-Equity is 3.10, which is 13% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gek Terna stock overvalued right now?
Based on GuruFocus' analysis, Gek Terna (GKTRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.27, compared to a current price of $55.05 — trading 218.8% above its estimated fair value. The current Debt-to-Equity is 3.10, which is 13% below median its 10-year median of 3.57 and 675% above the Construction industry median of 0.40. Gek Terna's overall GF Score™ is 60/100 with 13 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 Gek Terna (GKTRF), the current Debt-to-Equity is 3.10 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 Gek Terna (GKTRF) Overvalued in 2026?

Based on GuruFocus' analysis, Gek Terna stock appears to be overvalued. The current stock price of $55.05 is trading 218.8% above its estimated GF Value™ of $17.27. GuruFocus considers Gek Terna to be Significantly Overvalued.

Key valuation signals for GKTRF:

  • Debt-to-Equity: 3.10 (13% below median its 10-year median of 3.57)
  • GF Value™: $17.27 vs. price of $55.05 (218.8% above fair value)
  • GF Score™: 60/100 with 13 warning signs
  • Industry Position: 675% above the Construction median (#1547 of 1620)

No single metric tells the full story. See the GKTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gek Terna Business Description

Address 85, Mesogeion Avenue, Athens, GRC, 115 26
Gek Terna SA is engaged in the management of self-financed or co-financed projects, the construction of any kind of projects, its participation in companies having similar activities, as well as the development and management of investment property.
60GF Score

Get the complete analysis for GKTRF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$55.05
Price
$17.27
GF Value