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Legend HoldingsLGNRF 76 Debt-to-Equity is 2.99 as of Dec. 2025, which is 15% above its 10-year median of 2.59. GuruFocus rates LGNRF with a GF Score™ of 76/100 and a GF Value™ of $0.89. The stock has 7 warning signs investors should review. Among 2,216 Hardware companies, Legend Holdings ranks worse than 97.07% 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 Legend Holdings's Debt-to-Equity or its related term are showing as below:
LGNRF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.51 Med: 2.59 Max: 2.99
Current: 2.99
During the past 12 years, the highest Debt-to-Equity Ratio of Legend Holdings was 2.99. The lowest was 1.51. And the median was 2.59.
LGNRF's Debt-to-Equity is ranked worse than 97.07% of 2216
companies
in the Hardware industry
Industry Median: 0.27
vs LGNRF: 2.99
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.
Legend Holdings Debt-to-Equity Related Terms
Legend Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Legend Holdings'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.
LGNRF vs SNDK, DELL, STX: Debt-to-Equity Comparison
For the Computer Hardware subindustry, Legend Holdings'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.
Legend Holdings Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Legend Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Legend Holdings'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.
Legend Holdings (LGNRF) has a Debt-to-Equity of 2.99 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Legend Holdings and its competitors. This is 15% above median its historical median of 2.59. Over the past decade, Legend Holdings' Debt-to-Equity has ranged from 1.51 to 2.99. According to the industry distribution chart, Legend Holdings ranks #2151 out of 2216 companies in the Hardware industry, placing it in the top 97.1%.
Is Legend Holdings' Debt-to-Equity too high?
Legend Holdings' current Debt-to-Equity of 2.99 is 15% above median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 2.99. The Hardware industry median Debt-to-Equity is 0.27. Legend Holdings' value of 2.99 is 1007.4% above this industry median. Based on the distribution chart, Legend Holdings ranks #2151 out of 2216 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Legend Holdings has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Legend Holdings' Debt-to-Equity compare to SNDK and DELL?
According to the Hardware industry distribution chart, Legend Holdings ranks #2151 out of 2216 companies for Debt-to-Equity. This places Legend Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Legend Holdings' value of 2.99 is 1007.4% above this benchmark. Historically, Legend Holdings' own Debt-to-Equity has ranged from 1.51 to 2.99 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 0.27, Legend Holdings 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,216 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. Legend Holdings's current Debt-to-Equity of 2.99 is 1007.4% 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 Legend Holdings and its competitors. For the Hardware 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. Legend Holdings's current Debt-to-Equity is 2.99, which is 15% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Holdings stock overvalued right now?
Legend Holdings (LGNRF) has a current Debt-to-Equity of 2.99. The stock's GF Value™ is $0.89, compared to a current price of $1.13 — trading 27% above its estimated fair value. The current Debt-to-Equity is 2.99, which is 15% above median its 10-year median of 2.59 and 1007.4% above the Hardware industry median of 0.27. Legend Holdings' overall GF Score™ is 76/100 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 Legend Holdings (LGNRF), the current Debt-to-Equity is 2.99 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 Legend Holdings (LGNRF) Overvalued in 2026?
Based on GuruFocus' analysis, Legend Holdings stock appears to be overvalued.
The current stock price of $1.13 is trading 27% above its estimated GF Value™ of $0.89.
Key valuation signals for LGNRF:
Debt-to-Equity: 2.99 (15% above median its 10-year median of 2.59)
GF Value™: $0.89 vs. price of $1.13 (27% above fair value)
Industry Position: 1007.4% above the Hardware median (#2151 of 2216)
No single metric tells the full story. See the LGNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legend Holdings Ltd is a diversified industrial and investment group in China. It operates businesses through two segments: diversified industries operation, and industrial incubations and investments. The Industrial operations segment includes Lenovo, which is engaged in providing intelligent devices and infrastructure, and creates intelligent solutions, services and software; Levima Group, which is engaged in the research and development, production and sales of material products; Joyvio Group, which operates mainly to engaged in modern agriculture and food related business; and BIL, which mainly offers integrated banking services, including corporate and institutional banking, retail banking, private banking, capital markets, etc. It derives the majority of its revenue from Lenovo.
76GF Score
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