Advtech (JSE:ADH) Debt-to-Equity: 0.31 (As of Jun. 2026) — 38% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

JSE:ADH Advtech Ltd JSE:ADH
82 GF Score
Price R49.16
GF Value R37.38
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Advtech Debt-to-Equity?

Advtech JSE:ADH -1.62% 82 Debt-to-Equity is 0.31 as of Jun. 2026, which is 38% below its 10-year median of 0.50. GuruFocus rates JSE:ADH with a GF Score™ of 82/100 and a GF Value™ of R37.38 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 226 Education companies, Advtech ranks worse than 53.1% on this metric.

Advtech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R855 Mil. Advtech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R1,220 Mil. Advtech's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R6,710 Mil. Advtech's debt to equity for the quarter that ended in Jun. 2026 was 0.31.

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

JSE:ADH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31   Med: 0.5   Max: 0.94
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Advtech was 0.94. The lowest was 0.31. And the median was 0.50.

JSE:ADH's Debt-to-Equity is ranked worse than
53.1% of 226 companies
in the Education industry
Industry Median: 0.27 vs JSE:ADH: 0.31

Advtech  (JSE:ADH) 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.


Advtech Debt-to-Equity Related Terms


Advtech Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Advtech'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.

Advtech Debt-to-Equity Chart

Advtech 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 0.58 0.55 0.49 0.51 0.45

Advtech Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.34 0.51 0.32 0.45 0.31

JSE:ADH vs EDU, TAL, LAUR: Debt-to-Equity Comparison

For the Education & Training Services subindustry, Advtech'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.


Advtech Debt-to-Equity vs Education Industry

For the Education industry and Consumer Defensive sector, Advtech's Debt-to-Equity distribution charts can be found below:

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


JSE:ADH
82GF Score
Advtech Ltd JSE:ADH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advtech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Advtech's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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 0.31 mean?
Advtech (JSE:ADH) has a Debt-to-Equity of 0.31 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Advtech and its competitors. This is 38% below median its historical median of 0.50. Over the past decade, Advtech's Debt-to-Equity has ranged from 0.31 to 0.94. According to the industry distribution chart, Advtech ranks #120 out of 226 companies in the Education industry, placing it in the top 53.1%.
Is Advtech's Debt-to-Equity too high?
Advtech's current Debt-to-Equity of 0.31 is 38% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.94. The Education industry median Debt-to-Equity is 0.27. Advtech's value of 0.31 is 14.8% above this industry median. Based on the distribution chart, Advtech ranks #120 out of 226 companies in the Education industry, which is below the industry midpoint. Overall, Advtech has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advtech's Debt-to-Equity compare to EDU and TAL?
According to the Education industry distribution chart, Advtech ranks #120 out of 226 companies for Debt-to-Equity. This places Advtech in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Advtech's value of 0.31 is 14.8% above this benchmark. Historically, Advtech's own Debt-to-Equity has ranged from 0.31 to 0.94 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.27, Advtech 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 Education company?
The median Debt-to-Equity among Education companies is 0.27, based on 226 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. Advtech's current Debt-to-Equity of 0.31 is 14.8% 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 Advtech and its competitors. For the Education industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advtech's current Debt-to-Equity is 0.31, which is 38% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advtech stock overvalued right now?
Based on GuruFocus' analysis, Advtech (JSE:ADH) is currently considered Significantly Overvalued. The stock's GF Value™ is R37.38, compared to a current price of R49.16 — trading 31.5% above its estimated fair value. The current Debt-to-Equity is 0.31, which is 38% below median its 10-year median of 0.50 and 14.8% above the Education industry median of 0.27. Advtech's overall GF Score™ is 82/100 with 5 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 Advtech (JSE:ADH), the current Debt-to-Equity is 0.31 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.

Is Advtech (JSE:ADH) Overvalued in 2026?

Based on GuruFocus' analysis, Advtech stock appears to be overvalued. The current stock price of R49.16 is trading 31.5% above its estimated GF Value™ of R37.38. GuruFocus considers Advtech to be Significantly Overvalued.

Key valuation signals for JSE:ADH:

  • Debt-to-Equity: 0.31 (38% below median its 10-year median of 0.50)
  • GF Value™: R37.38 vs. price of R49.16 (31.5% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 14.8% above the Education median (#120 of 226)

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


Advtech Business Description

Address 54 Wierda Road West, ADvTECH House, Inanda Greens Office Park, Building 7, Wierda Valley, Sandton, Johannesburg, GT, ZAF, 2196
Advtech Ltd is a South Africa-based company engaged in education and training services. The company has three primary business segments, Schools, Tertiary, and Resourcing. The Schools segment offers pre-primary, primary, and secondary educations services. The Tertiary segment provides diploma, degree, and post-graduate services. The Resourcing segment provides permanent, temporary, and contract staffing solutions. These staffing positions are in several areas such as information technology, network finance, accounting and finance, engineering, and advertising.
82GF Score

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

R49.16
Price
R37.38
GF Value