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Wholesale Generation Co-2MIC:OGKB +1.29%20 Debt-to-Equity is 0.30 as of Jun. 2026, which is 7% above its 10-year median of 0.28. GuruFocus rates MIC:OGKB with a GF Score™ of 20/100 and a GF Value™ of ₽0.39 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, Wholesale Generation Co-2 ranks better than 73.87% 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 Wholesale Generation Co-2's Debt-to-Equity or its related term are showing as below:
MIC:OGKB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.28 Max: 0.62
Current: 0.3
During the past 13 years, the highest Debt-to-Equity Ratio of Wholesale Generation Co-2 was 0.62. The lowest was 0.09. And the median was 0.28.
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.
Wholesale Generation Co-2 Debt-to-Equity Related Terms
Wholesale Generation Co-2 Debt-to-Equity Historical Data
* 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.
MIC:OGKB vs CEG, VST, NRG: Debt-to-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Wholesale Generation Co-2'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.
Wholesale Generation Co-2 Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Wholesale Generation Co-2's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Wholesale Generation Co-2'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.
Wholesale Generation Co-2 (MIC:OGKB) has a Debt-to-Equity of 0.30 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wholesale Generation Co-2 and its competitors. This is near median its historical median of 0.28. Over the past decade, Wholesale Generation Co-2's Debt-to-Equity has ranged from 0.09 to 0.62. According to the industry distribution chart, Wholesale Generation Co-2 ranks #104 out of 398 companies in the Utilities - Independent Power Producers industry, placing it in the top 26.1%.
Is Wholesale Generation Co-2's Debt-to-Equity too high?
Wholesale Generation Co-2's current Debt-to-Equity of 0.30 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.62. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Wholesale Generation Co-2's value of 0.30 is 64.3% below this industry median. Based on the distribution chart, Wholesale Generation Co-2 ranks #104 out of 398 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Wholesale Generation Co-2 has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wholesale Generation Co-2's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Wholesale Generation Co-2 ranks #104 out of 398 companies for Debt-to-Equity. This puts Wholesale Generation Co-2 in the upper half of its industry. The industry median Debt-to-Equity is 0.84. Wholesale Generation Co-2's value of 0.30 is 64.3% below this benchmark. Historically, Wholesale Generation Co-2's own Debt-to-Equity has ranged from 0.09 to 0.62 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.84, Wholesale Generation Co-2 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 an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 398 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. Wholesale Generation Co-2's current Debt-to-Equity of 0.30 is 64.3% 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 Wholesale Generation Co-2 and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wholesale Generation Co-2's current Debt-to-Equity is 0.30, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wholesale Generation Co-2 stock overvalued right now?
Based on GuruFocus' analysis, Wholesale Generation Co-2 (MIC:OGKB) is currently considered Possible Value Trap. The stock's GF Value™ is ₽0.39, compared to a current price of ₽0.22 — trading 43.5% below its estimated fair value. The current Debt-to-Equity is 0.30, which is near median its 10-year median of 0.28 and 64.3% below the Utilities - Independent Power Producers industry median of 0.84. Wholesale Generation Co-2's overall GF Score™ is 20/100 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 Wholesale Generation Co-2 (MIC:OGKB), the current Debt-to-Equity is 0.30 as of Jun. 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 Wholesale Generation Co-2 (MIC:OGKB) Overvalued in 2026?
Based on GuruFocus' analysis, Wholesale Generation Co-2 stock appears to be undervalued.
The current stock price of ₽0.22 is trading 43.5% below its estimated GF Value™ of ₽0.39.
GuruFocus considers Wholesale Generation Co-2 to be Possible Value Trap.
Key valuation signals for MIC:OGKB:
Debt-to-Equity: 0.30 (near median its 10-year median of 0.28)
GF Value™: ₽0.39 vs. price of ₽0.22 (43.5% below fair value)
Industry Position: 64.3% below the Utilities - Independent Power Producers median (#104 of 398)
No single metric tells the full story. See the MIC:OGKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wholesale Generation Co-2, formerly OGK-2 JSC is a Russian company that is engaged in the business of generation and sale of electric and heat power. It mainly focuses on the production and sale of electricity and thermal energy in the wholesale market of electric energy (power). The company operates through power stations namely Kirishskaya GRES, Surgutskaya GRES-1, Novocherkasskaya GRES, Stavropolskaya GRES, Troitskaya GRES, Ryazanskaya GRES, Serovskaya among others.
20GF Score
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