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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 TPI Composites's Debt-to-Equity or its related term are showing as below:
MEX:TPIC'
s Debt-to-Equity Range Over the Past 10 Years
Min: -5.11 Med: 0.61 Max: 1.98
Current: -0.77
During the past 13 years, the highest Debt-to-Equity Ratio of TPI Composites was 1.98. The lowest was -5.11. And the median was 0.61.
MEX:TPIC's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28
vs MEX:TPIC: -0.77
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.
TPI Composites Debt-to-Equity Related Terms
TPI Composites Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for TPI Composites'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.
MEX:TPIC vs INLF, LBGJ, GEV: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, TPI Composites'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.
TPI Composites Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TPI Composites's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TPI Composites'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.
TPI Composites (MEX:TPIC) has a Debt-to-Equity of -0.77 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TPI Composites and its competitors. According to the industry distribution chart, TPI Composites ranks #999999 out of 2683 companies in the Industrial Products industry.
Is TPI Composites' Debt-to-Equity too high?
TPI Composites' current Debt-to-Equity is -0.77. Based on the distribution chart, TPI Composites ranks #999999 out of 2683 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' Debt-to-Equity compare to INLF and LBGJ?
According to the Industrial Products industry distribution chart, TPI Composites ranks #999999 out of 2683 companies for Debt-to-Equity. This places TPI Composites in the lower half of its industry. The industry median Debt-to-Equity is 0.28. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,683 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. 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 TPI Composites and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPI Composites's current Debt-to-Equity is -0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current Debt-to-Equity of -0.77. The stock's GF Value™ is MXN48,129.23, compared to a current price of MXN99.00 — trading 99.8% below its estimated fair value. The current Debt-to-Equity is -0.77. TPI Composites' overall GF Score™ is 16/100 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 TPI Composites (MEX:TPIC), the current Debt-to-Equity is -0.77 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 TPI Composites (MEX:TPIC) Overvalued in 2026?
Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued.
The current stock price of MXN99.00 is trading 99.8% below its estimated GF Value™ of MXN48,129.23.
Key valuation signals for MEX:TPIC:
Debt-to-Equity: -0.77
GF Value™: MXN48,129.23 vs. price of MXN99.00 (99.8% below fair value)
No single metric tells the full story. See the MEX:TPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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