Transpaco (JSE:TPC) Debt-to-Equity: 0.18 (As of Dec. 2025) — 10% 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:TPC Transpaco Ltd JSE:TPC
85 GF Score
Price R40.49
GF Value R35.59
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Transpaco Debt-to-Equity?

Transpaco JSE:TPC 85 Debt-to-Equity is 0.18 as of Dec. 2025, which is 10% below its 10-year median of 0.20. GuruFocus rates JSE:TPC with a GF Score™ of 85/100 and a GF Value™ of R35.59 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 363 Packaging & Containers companies, Transpaco ranks better than 71.9% on this metric.

Transpaco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R36 Mil. Transpaco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R140 Mil. Transpaco's Total Stockholders Equity for the quarter that ended in Dec. 2025 was R1,001 Mil. Transpaco's debt to equity for the quarter that ended in Dec. 2025 was 0.18.

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

JSE:TPC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.2   Max: 0.39
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Transpaco was 0.39. The lowest was 0.12. And the median was 0.20.

JSE:TPC's Debt-to-Equity is ranked better than
71.9% of 363 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs JSE:TPC: 0.18

Transpaco  (JSE:TPC) 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.


Transpaco Debt-to-Equity Related Terms


Transpaco Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Transpaco'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.

Transpaco Debt-to-Equity Chart

Transpaco Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.25 0.21 0.13 0.19

Transpaco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.18 0.13 0.15 0.19 0.18

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

For the Packaging & Containers subindustry, Transpaco'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.


Transpaco Debt-to-Equity vs Packaging & Containers Industry

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

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


JSE:TPC
85GF Score
Transpaco Ltd JSE:TPC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transpaco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Transpaco's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.18 mean?
Transpaco (JSE:TPC) has a Debt-to-Equity of 0.18 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Transpaco and its competitors. This is 10% below median its historical median of 0.20. Over the past decade, Transpaco's Debt-to-Equity has ranged from 0.12 to 0.39. According to the industry distribution chart, Transpaco ranks #102 out of 363 companies in the Packaging & Containers industry, placing it in the top 28.1%.
Is Transpaco's Debt-to-Equity too high?
Transpaco's current Debt-to-Equity of 0.18 is 10% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.39. The Packaging & Containers industry median Debt-to-Equity is 0.43. Transpaco's value of 0.18 is 58.1% below this industry median. Based on the distribution chart, Transpaco ranks #102 out of 363 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Transpaco has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transpaco's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Transpaco ranks #102 out of 363 companies for Debt-to-Equity. This puts Transpaco in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Transpaco's value of 0.18 is 58.1% below this benchmark. Historically, Transpaco's own Debt-to-Equity has ranged from 0.12 to 0.39 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.43, Transpaco 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 363 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. Transpaco's current Debt-to-Equity of 0.18 is 58.1% 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 Transpaco 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. Transpaco's current Debt-to-Equity is 0.18, which is 10% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transpaco stock overvalued right now?
Based on GuruFocus' analysis, Transpaco (JSE:TPC) is currently considered Modestly Overvalued. The stock's GF Value™ is R35.59, compared to a current price of R40.49 — trading 13.8% above its estimated fair value. The current Debt-to-Equity is 0.18, which is 10% below median its 10-year median of 0.20 and 58.1% below the Packaging & Containers industry median of 0.43. Transpaco's overall GF Score™ is 85/100 with 6 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 Transpaco (JSE:TPC), the current Debt-to-Equity is 0.18 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 Transpaco (JSE:TPC) Overvalued in 2026?

Based on GuruFocus' analysis, Transpaco stock appears to be overvalued. The current stock price of R40.49 is trading 13.8% above its estimated GF Value™ of R35.59. GuruFocus considers Transpaco to be Modestly Overvalued.

Key valuation signals for JSE:TPC:

  • Debt-to-Equity: 0.18 (10% below median its 10-year median of 0.20)
  • GF Value™: R35.59 vs. price of R40.49 (13.8% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 58.1% below the Packaging & Containers median (#102 of 363)

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


Transpaco Business Description

Address 331 - 6th Street, PO Box 39601, Bramley, 2018, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Transpaco Ltd is a manufacturer, recycler, and distributor of paper and plastic packaging products. It operates in three business segments: Plastics Products, Paper and Board Products, and Property and Group Services. The company generates maximum revenue from the Plastic products segment. Its Plastic products segment manufactures flexible plastic packaging solutions. Some of its products include Retail vest-type plastic bags; Refuse bags; Tubing and sheeting; Scholastic stationery; Heavy duty cores; Yarn cores; Conical containers; Stretch film and others.
85GF Score

Get the complete analysis for JSE:TPC

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

R40.49
Price
R35.59
GF Value