Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
B&C Speakers SpAMIL:BEC -2.24%73 Debt-to-Equity is 0.35 as of Mar. 2026, which is 44% below its 10-year median of 0.63. GuruFocus rates MIL:BEC with a GF Score™ of 73/100 and a GF Value™ of €17.25 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,216 Hardware companies, B&C Speakers SpA ranks worse than 56.77% 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 B&C Speakers SpA's Debt-to-Equity or its related term are showing as below:
MIL:BEC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.63 Max: 1.03
Current: 0.35
During the past 13 years, the highest Debt-to-Equity Ratio of B&C Speakers SpA was 1.03. The lowest was 0.11. And the median was 0.63.
MIL:BEC's Debt-to-Equity is ranked worse than 56.77% of 2216
companies
in the Hardware industry
Industry Median: 0.27
vs MIL:BEC: 0.35
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.
B&C Speakers SpA Debt-to-Equity Related Terms
B&C Speakers SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for B&C Speakers SpA'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.
For the Consumer Electronics subindustry, B&C Speakers SpA'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.
B&C Speakers SpA Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, B&C Speakers SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where B&C Speakers SpA'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.
B&C Speakers SpA (MIL:BEC) has a Debt-to-Equity of 0.35 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on B&C Speakers SpA and its competitors. This is 44% below median its historical median of 0.63. Over the past decade, B&C Speakers SpA's Debt-to-Equity has ranged from 0.11 to 1.03. According to the industry distribution chart, B&C Speakers SpA ranks #1258 out of 2216 companies in the Hardware industry, placing it in the top 56.8%.
Is B&C Speakers SpA's Debt-to-Equity too high?
B&C Speakers SpA's current Debt-to-Equity of 0.35 is 44% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.03. The Hardware industry median Debt-to-Equity is 0.27. B&C Speakers SpA's value of 0.35 is 29.6% above this industry median. Based on the distribution chart, B&C Speakers SpA ranks #1258 out of 2216 companies in the Hardware industry, which is below the industry midpoint. Overall, B&C Speakers SpA has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's Debt-to-Equity compare to AAPL?
According to the Hardware industry distribution chart, B&C Speakers SpA ranks #1258 out of 2216 companies for Debt-to-Equity. This places B&C Speakers SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.27. B&C Speakers SpA's value of 0.35 is 29.6% above this benchmark. Historically, B&C Speakers SpA's own Debt-to-Equity has ranged from 0.11 to 1.03 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.27, B&C Speakers SpA 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. B&C Speakers SpA's current Debt-to-Equity of 0.35 is 29.6% 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 B&C Speakers SpA 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. B&C Speakers SpA's current Debt-to-Equity is 0.35, which is 44% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €17.25, compared to a current price of €10.90 — trading 36.8% below its estimated fair value. The current Debt-to-Equity is 0.35, which is 44% below median its 10-year median of 0.63 and 29.6% above the Hardware industry median of 0.27. B&C Speakers SpA's overall GF Score™ is 73/100 with 2 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 B&C Speakers SpA (MIL:BEC), the current Debt-to-Equity is 0.35 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued.
The current stock price of €10.90 is trading 36.8% below its estimated GF Value™ of €17.25.
GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.
Key valuation signals for MIL:BEC:
Debt-to-Equity: 0.35 (44% below median its 10-year median of 0.63)
GF Value™: €17.25 vs. price of €10.90 (36.8% below fair value)
Industry Position: 29.6% above the Hardware median (#1258 of 2216)
No single metric tells the full story. See the MIL:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
73GF Score
Get the complete analysis for MIL:BEC
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:BEC has been successfully added to your 
