Nampak (JSE:NPK) Debt-to-Equity: 1.30 (As of Mar. 2026) — 12% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:NPK Nampak Ltd JSE:NPK
54 GF Score
Price R455.00
GF Value R475.19
Valuation Fairly Valued
! 7 Warning Signs
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What is Nampak Debt-to-Equity?

Nampak JSE:NPK +1.56% 54 Debt-to-Equity is 1.30 as of Mar. 2026, which is 12% below its 10-year median of 1.47. GuruFocus rates JSE:NPK with a GF Score™ of 54/100 and a GF Value™ of R475.19 (Fairly Valued). The stock has 7 warning signs investors should review. Among 365 Packaging & Containers companies, Nampak ranks worse than 89.59% on this metric.

Nampak's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R192 Mil. Nampak's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R3,587 Mil. Nampak's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R2,918 Mil. Nampak's debt to equity for the quarter that ended in Mar. 2026 was 1.29.

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

JSE:NPK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78   Med: 1.47   Max: 5.07
Current: 1.3

During the past 13 years, the highest Debt-to-Equity Ratio of Nampak was 5.07. The lowest was 0.78. And the median was 1.47.

JSE:NPK's Debt-to-Equity is ranked worse than
89.59% of 365 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs JSE:NPK: 1.30

Nampak  (JSE:NPK) 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.


Nampak Debt-to-Equity Related Terms


Nampak Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nampak'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.

Nampak Debt-to-Equity Chart

Nampak Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.76 4.74 5.07 1.76

Nampak Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.18 5.07 2.66 1.76 1.30

JSE:NPK vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Nampak'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.


Nampak Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nampak's Debt-to-Equity distribution charts can be found below:

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


JSE:NPK
54GF Score
Nampak Ltd JSE:NPK
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Nampak Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Nampak's Debt to Equity Ratio for the quarter that ended in Mar. 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 1.30 mean?
Nampak (JSE:NPK) has a Debt-to-Equity of 1.30 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nampak and its competitors. This is 12% below median its historical median of 1.47. Over the past decade, Nampak's Debt-to-Equity has ranged from 0.78 to 5.07. According to the industry distribution chart, Nampak ranks #327 out of 365 companies in the Packaging & Containers industry, placing it in the top 89.6%.
Is Nampak's Debt-to-Equity too high?
Nampak's current Debt-to-Equity of 1.30 is 12% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 5.07. The Packaging & Containers industry median Debt-to-Equity is 0.43. Nampak's value of 1.30 is 202.3% above this industry median. Based on the distribution chart, Nampak ranks #327 out of 365 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Nampak has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nampak's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Nampak ranks #327 out of 365 companies for Debt-to-Equity. This places Nampak in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Nampak's value of 1.30 is 202.3% above this benchmark. Historically, Nampak's own Debt-to-Equity has ranged from 0.78 to 5.07 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 0.43, Nampak 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 365 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. Nampak's current Debt-to-Equity of 1.30 is 202.3% 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 Nampak and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nampak's current Debt-to-Equity is 1.30, which is 12% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nampak stock overvalued right now?
Based on GuruFocus' analysis, Nampak (JSE:NPK) is currently considered Fairly Valued. The stock's GF Value™ is R475.19, compared to a current price of R455.00 — trading 4.2% below its estimated fair value. The current Debt-to-Equity is 1.30, which is 12% below median its 10-year median of 1.47 and 202.3% above the Packaging & Containers industry median of 0.43. Nampak's overall GF Score™ is 54/100 with 7 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 Nampak (JSE:NPK), the current Debt-to-Equity is 1.30 as of Mar. 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 Nampak (JSE:NPK) Overvalued in 2026?

Based on GuruFocus' analysis, Nampak stock appears to be undervalued. The current stock price of R455.00 is trading 4.2% below its estimated GF Value™ of R475.19. GuruFocus considers Nampak to be Fairly Valued.

Key valuation signals for JSE:NPK:

  • Debt-to-Equity: 1.30 (12% below median its 10-year median of 1.47)
  • GF Value™: R475.19 vs. price of R455.00 (4.2% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 202.3% above the Packaging & Containers median (#327 of 365)

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


Nampak Business Description

Other Exchanges NNZ0:Germany
Address 1 Waterhouse Place, Office G6, Century, ZAF, 7441
Nampak Ltd is a metals packaging company in South Africa and Angola, and also has substantial positions in other metal packaging. It is the producer of two-piece tinplate cans and aluminium monobloc aerosol cans. The company's operating segments include Metals, which involves the manufacture of beverage cans, food cans, aerosol cans, and other metal packaging, and Corporate, which provides for head office activities, treasury, property services, and consolidation adjustments, including goodwill. The majority of revenue comes from the Metals segment and from South Africa.
54GF Score

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

R455.00
Price
R475.19
GF Value