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KAPJSE:KAP +7.29%75 Debt-to-Equity is 0.79 as of Dec. 2025, which is at its 10-year median of 0.79. GuruFocus rates JSE:KAP with a GF Score™ of 75/100 and a GF Value™ of R2.63 (Fairly Valued). The stock has 10 warning signs investors should review. Among 506 Conglomerates companies, KAP ranks worse than 61.07% 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 KAP's Debt-to-Equity or its related term are showing as below:
JSE:KAP'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.79 Max: 1.08
Current: 0.79
During the past 13 years, the highest Debt-to-Equity Ratio of KAP was 1.08. The lowest was 0.49. And the median was 0.79.
JSE:KAP's Debt-to-Equity is ranked worse than 61.07% of 506
companies
in the Conglomerates industry
Industry Median: 0.54
vs JSE:KAP: 0.79
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.
KAP Debt-to-Equity Related Terms
KAP Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for KAP'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 Conglomerates subindustry, KAP'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.
KAP Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, KAP's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where KAP'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.
KAP (JSE:KAP) has a Debt-to-Equity of 0.79 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on KAP and its competitors. This is near median its historical median of 0.79. Over the past decade, KAP's Debt-to-Equity has ranged from 0.49 to 1.08. According to the industry distribution chart, KAP ranks #309 out of 506 companies in the Conglomerates industry, placing it in the top 61.1%.
Is KAP's Debt-to-Equity too high?
KAP's current Debt-to-Equity of 0.79 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.08. The Conglomerates industry median Debt-to-Equity is 0.54. KAP's value of 0.79 is 46.3% above this industry median. Based on the distribution chart, KAP ranks #309 out of 506 companies in the Conglomerates industry, which is below the industry midpoint. Overall, KAP has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KAP's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, KAP ranks #309 out of 506 companies for Debt-to-Equity. This places KAP in the lower half of its industry. The industry median Debt-to-Equity is 0.54. KAP's value of 0.79 is 46.3% above this benchmark. Historically, KAP's own Debt-to-Equity has ranged from 0.49 to 1.08 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.54, KAP 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 506 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. KAP's current Debt-to-Equity of 0.79 is 46.3% 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 KAP and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KAP's current Debt-to-Equity is 0.79, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAP stock overvalued right now?
Based on GuruFocus' analysis, KAP (JSE:KAP) is currently considered Fairly Valued. The stock's GF Value™ is R2.63, compared to a current price of R2.65 — trading 0.8% above its estimated fair value. The current Debt-to-Equity is 0.79, which is near median its 10-year median of 0.79 and 46.3% above the Conglomerates industry median of 0.54. KAP's overall GF Score™ is 75/100 with 10 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 KAP (JSE:KAP), the current Debt-to-Equity is 0.79 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 KAP (JSE:KAP) Overvalued in 2026?
Based on GuruFocus' analysis, KAP stock appears to be overvalued.
The current stock price of R2.65 is trading 0.8% above its estimated GF Value™ of R2.63.
GuruFocus considers KAP to be Fairly Valued.
Key valuation signals for JSE:KAP:
Debt-to-Equity: 0.79 (near median its 10-year median of 0.79)
GF Value™: R2.63 vs. price of R2.65 (0.8% above fair value)
Industry Position: 46.3% above the Conglomerates median (#309 of 506)
No single metric tells the full story. See the JSE:KAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KAP Ltd is a diversified group consisting of industrial, chemical, and logistics businesses, and road safety segments in sub-Saharan Africa. It operates through the following segments: PG Bison, Safripol, Unitrans, Feltex, Restonic, Optix, and Corporate. It generates the majority of its revenue from the Unitrans segment which is involved in a supply chain and operational services business providing customized solutions to customers in a diverse range of sectors, including consumer, agriculture, petrochemical, mining, and passenger transport.
75GF Score
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