Rafhan Maize Product Co (KAR:RMPL) Debt-to-Equity: 0.18 (As of Mar. 2026) — 38% Above Median

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KAR:RMPL Rafhan Maize Product Co Ltd KAR:RMPL
96 GF Score
Price ₨9,255.27
GF Value ₨9,774.54
Valuation Fairly Valued
! 5 Warning Signs
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What is Rafhan Maize Product Co Debt-to-Equity?

Rafhan Maize Product Co KAR:RMPL 96 Debt-to-Equity is 0.18 as of Mar. 2026, which is 38% above its 10-year median of 0.13. GuruFocus rates KAR:RMPL with a GF Score™ of 96/100 and a GF Value™ of ₨9,774.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,745 Consumer Packaged Goods companies, Rafhan Maize Product Co ranks better than 70.37% on this metric.

Rafhan Maize Product Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₨5,182 Mil. Rafhan Maize Product Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₨288 Mil. Rafhan Maize Product Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₨31,199 Mil. Rafhan Maize Product Co's debt to equity for the quarter that ended in Mar. 2026 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 Rafhan Maize Product Co's Debt-to-Equity or its related term are showing as below:

KAR:RMPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.13   Max: 0.34
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of Rafhan Maize Product Co was 0.34. The lowest was 0.00. And the median was 0.13.

KAR:RMPL's Debt-to-Equity is ranked better than
70.37% of 1745 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs KAR:RMPL: 0.18

Rafhan Maize Product Co  (KAR:RMPL) 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.


Rafhan Maize Product Co Debt-to-Equity Related Terms


Rafhan Maize Product Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Debt-to-Equity Chart

Rafhan Maize Product Co 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 0.06 0.11 0.28 0.32 0.30

Rafhan Maize Product Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.29 0.31 0.34 0.30 0.18

KAR:RMPL vs ADM, BG, TSN: Debt-to-Equity Comparison

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Debt-to-Equity falls into.


KAR:RMPL
96GF Score
Rafhan Maize Product Co Ltd KAR:RMPL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafhan Maize Product Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rafhan Maize Product Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Rafhan Maize Product Co'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 0.18 mean?
Rafhan Maize Product Co (KAR:RMPL) has a Debt-to-Equity of 0.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rafhan Maize Product Co and its competitors. This is 38% above median its historical median of 0.13. According to the industry distribution chart, Rafhan Maize Product Co ranks #517 out of 1745 companies in the Consumer Packaged Goods industry, placing it in the top 29.6%.
Is Rafhan Maize Product Co's Debt-to-Equity too high?
Rafhan Maize Product Co's current Debt-to-Equity of 0.18 is 38% above median its 10-year median of 0.13. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Rafhan Maize Product Co's value of 0.18 is 56.1% below this industry median. Based on the distribution chart, Rafhan Maize Product Co ranks #517 out of 1745 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Rafhan Maize Product Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rafhan Maize Product Co's Debt-to-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Rafhan Maize Product Co ranks #517 out of 1745 companies for Debt-to-Equity. This puts Rafhan Maize Product Co in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Rafhan Maize Product Co's value of 0.18 is 56.1% below this benchmark. While the company's 10-year median is 0.13 vs. the industry median of 0.41, Rafhan Maize Product Co 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,745 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. Rafhan Maize Product Co's current Debt-to-Equity of 0.18 is 56.1% 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 Rafhan Maize Product Co and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rafhan Maize Product Co's current Debt-to-Equity is 0.18, which is 38% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafhan Maize Product Co stock overvalued right now?
Based on GuruFocus' analysis, Rafhan Maize Product Co (KAR:RMPL) is currently considered Fairly Valued. The stock's GF Value™ is ₨9,774.54, compared to a current price of ₨9,255.27 — trading 5.3% below its estimated fair value. The current Debt-to-Equity is 0.18, which is 38% above median its 10-year median of 0.13 and 56.1% below the Consumer Packaged Goods industry median of 0.41. Rafhan Maize Product Co's overall GF Score™ is 96/100 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 Rafhan Maize Product Co (KAR:RMPL), the current Debt-to-Equity is 0.18 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 Rafhan Maize Product Co (KAR:RMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Rafhan Maize Product Co stock appears to be undervalued. The current stock price of ₨9,255.27 is trading 5.3% below its estimated GF Value™ of ₨9,774.54. GuruFocus considers Rafhan Maize Product Co to be Fairly Valued.

Key valuation signals for KAR:RMPL:

  • Debt-to-Equity: 0.18 (38% above median its 10-year median of 0.13)
  • GF Value™: ₨9,774.54 vs. price of ₨9,255.27 (5.3% below fair value)
  • GF Score™: 96/100 with 5 warning signs
  • Industry Position: 56.1% below the Consumer Packaged Goods median (#517 of 1745)

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


Rafhan Maize Product Co Business Description

Address Rakh Canal, East Road, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. Its products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.
96GF Score

Get the complete analysis for KAR:RMPL

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

₨9,255.27
Price
₨9,774.54
GF Value