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Formul Plastik Ve Metalnayi ASIST:FRMPL +9.15%23 Debt-to-Equity is 0.13 as of Jun. 2026, which is 52% below its 10-year median of 0.27. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 370 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks better than 73.78% 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 Formul Plastik Ve Metalnayi AS's Debt-to-Equity or its related term are showing as below:
IST:FRMPL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.27 Max: 0.45
Current: 0.13
During the past 3 years, the highest Debt-to-Equity Ratio of Formul Plastik Ve Metalnayi AS was 0.45. The lowest was 0.13. And the median was 0.27.
IST:FRMPL's Debt-to-Equity is ranked better than 73.78% of 370
companies
in the Building Materials industry
Industry Median: 0.35
vs IST:FRMPL: 0.13
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.
Formul Plastik Ve Metalnayi AS Debt-to-Equity Related Terms
Formul Plastik Ve Metalnayi AS Debt-to-Equity Historical Data
* 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.
Formul Plastik Ve Metalnayi AS Debt-to-Equity Chart
IST:FRMPL vs CRH, VMC, MLM: Debt-to-Equity Comparison
For the Building Materials subindustry, Formul Plastik Ve Metalnayi AS'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.
Formul Plastik Ve Metalnayi AS Debt-to-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Formul Plastik Ve Metalnayi AS'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.
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Debt-to-Equity of 0.13 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is 52% below median its historical median of 0.27. Over the past decade, Formul Plastik Ve Metalnayi AS's Debt-to-Equity has ranged from 0.13 to 0.45. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #97 out of 370 companies in the Building Materials industry, placing it in the top 26.2%.
Is Formul Plastik Ve Metalnayi AS's Debt-to-Equity too high?
Formul Plastik Ve Metalnayi AS's current Debt-to-Equity of 0.13 is 52% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.45. The Building Materials industry median Debt-to-Equity is 0.35. Formul Plastik Ve Metalnayi AS's value of 0.13 is 62.9% below this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #97 out of 370 companies in the Building Materials industry, which is above the industry midpoint. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Debt-to-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #97 out of 370 companies for Debt-to-Equity. This puts Formul Plastik Ve Metalnayi AS in the upper half of its industry. The industry median Debt-to-Equity is 0.35. Formul Plastik Ve Metalnayi AS's value of 0.13 is 62.9% below this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own Debt-to-Equity has ranged from 0.13 to 0.45 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.35, Formul Plastik Ve Metalnayi AS 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.35, based on 370 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. Formul Plastik Ve Metalnayi AS's current Debt-to-Equity of 0.13 is 62.9% 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 Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current Debt-to-Equity is 0.13, which is 52% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Debt-to-Equity of 0.13. The current Debt-to-Equity is 0.13, which is 52% below median its 10-year median of 0.27 and 62.9% below the Building Materials industry median of 0.35. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Debt-to-Equity is 0.13 as of Jun. 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.
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score
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