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AMTD DigitalHKD +0.59%64 Debt-to-Equity is 1.22 as of Oct. 2025, which is at its 10-year median of 1.22. GuruFocus rates HKD with a GF Score™ of 64/100 and a GF Value™ of $4.83 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,238 Software companies, AMTD Digital ranks worse than 87.85% 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 AMTD Digital's Debt-to-Equity or its related term are showing as below:
HKD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 1.22 Max: 17.42
Current: 1.22
During the past 7 years, the highest Debt-to-Equity Ratio of AMTD Digital was 17.42. The lowest was 0.36. And the median was 1.22.
HKD's Debt-to-Equity is ranked worse than 87.85% of 2238
companies
in the Software industry
Industry Median: 0.2
vs HKD: 1.22
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.
AMTD Digital Debt-to-Equity Related Terms
AMTD Digital Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for AMTD Digital'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 Software - Application subindustry, AMTD Digital'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.
AMTD Digital Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, AMTD Digital's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AMTD Digital'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.
AMTD Digital (HKD) has a Debt-to-Equity of 1.22 as of Oct. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AMTD Digital and its competitors. This is near median its historical median of 1.22. Over the past decade, AMTD Digital's Debt-to-Equity has ranged from 0.36 to 17.42. According to the industry distribution chart, AMTD Digital ranks #1966 out of 2238 companies in the Software industry, placing it in the top 87.8%.
Is AMTD Digital's Debt-to-Equity too high?
AMTD Digital's current Debt-to-Equity of 1.22 is near median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 17.42. The Software industry median Debt-to-Equity is 0.20. AMTD Digital's value of 1.22 is 510% above this industry median. Based on the distribution chart, AMTD Digital ranks #1966 out of 2238 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AMTD Digital has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AMTD Digital's Debt-to-Equity compare to RMNI and VTEX?
According to the Software industry distribution chart, AMTD Digital ranks #1966 out of 2238 companies for Debt-to-Equity. This places AMTD Digital in the lower half of its industry. The industry median Debt-to-Equity is 0.20. AMTD Digital's value of 1.22 is 510% above this benchmark. Historically, AMTD Digital's own Debt-to-Equity has ranged from 0.36 to 17.42 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 0.20, AMTD Digital 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,238 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. AMTD Digital's current Debt-to-Equity of 1.22 is 510% 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 AMTD Digital and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMTD Digital's current Debt-to-Equity is 1.22, which is near median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMTD Digital stock overvalued right now?
Based on GuruFocus' analysis, AMTD Digital (HKD) is currently considered Possible Value Trap. The stock's GF Value™ is $4.83, compared to a current price of $1.70 — trading 64.8% below its estimated fair value. The current Debt-to-Equity is 1.22, which is near median its 10-year median of 1.22 and 510% above the Software industry median of 0.20. AMTD Digital's overall GF Score™ is 64/100 with 8 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 AMTD Digital (HKD), the current Debt-to-Equity is 1.22 as of Oct. 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 AMTD Digital (HKD) Overvalued in 2026?
Based on GuruFocus' analysis, AMTD Digital stock appears to be undervalued.
The current stock price of $1.70 is trading 64.8% below its estimated GF Value™ of $4.83.
GuruFocus considers AMTD Digital to be Possible Value Trap.
Key valuation signals for HKD:
Debt-to-Equity: 1.22 (near median its 10-year median of 1.22)
GF Value™: $4.83 vs. price of $1.70 (64.8% below fair value)
Industry Position: 510% above the Software median (#1966 of 2238)
No single metric tells the full story. See the HKD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AMTD Digital Inc along with its subsidiaries, is mainly involved in the provision of digital solutions services. Its reportable segments are digital solutions services segment; hotel operations, hospitality and VIP services segment; media and entertainment services segment; and Strategic investments. The company generates maximum revenue from Digital solutions services segment, which provides its institutional and corporate clients with exclusive, paid access to enhance their investor communication, investor relations and corporate communication to potentially maximize their valuation, as well as providing digital solution services. Geographically, the company generates revenue from China, Hong Kong, Europe, Americas and Southeast Asia.
64GF Score
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