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Bellini Nautica SpAMIL:BELL +1.91%73 Debt-to-Equity is 0.57 as of Dec. 2025, which is 15% below its 10-year median of 0.67. GuruFocus rates MIL:BELL with a GF Score™ of 73/100 and a GF Value™ of €5.22 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,217 Vehicles & Parts companies, Bellini Nautica SpA ranks worse than 59.16% 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 Bellini Nautica SpA's Debt-to-Equity or its related term are showing as below:
MIL:BELL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.67 Max: 1.08
Current: 0.57
During the past 6 years, the highest Debt-to-Equity Ratio of Bellini Nautica SpA was 1.08. The lowest was 0.38. And the median was 0.67.
MIL:BELL's Debt-to-Equity is ranked worse than 59.16% of 1217
companies
in the Vehicles & Parts industry
Industry Median: 0.46
vs MIL:BELL: 0.57
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.
Bellini Nautica SpA Debt-to-Equity Related Terms
Bellini Nautica SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bellini Nautica 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.
MIL:BELL vs BC, PII, THO: Debt-to-Equity Comparison
For the Recreational Vehicles subindustry, Bellini Nautica 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.
Bellini Nautica SpA Debt-to-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bellini Nautica 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.
Bellini Nautica SpA (MIL:BELL) has a Debt-to-Equity of 0.57 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bellini Nautica SpA and its competitors. This is 15% below median its historical median of 0.67. Over the past decade, Bellini Nautica SpA's Debt-to-Equity has ranged from 0.38 to 1.08. According to the industry distribution chart, Bellini Nautica SpA ranks #720 out of 1217 companies in the Vehicles & Parts industry, placing it in the top 59.2%.
Is Bellini Nautica SpA's Debt-to-Equity too high?
Bellini Nautica SpA's current Debt-to-Equity of 0.57 is 15% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.08. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Bellini Nautica SpA's value of 0.57 is 23.9% above this industry median. Based on the distribution chart, Bellini Nautica SpA ranks #720 out of 1217 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Bellini Nautica 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 Bellini Nautica SpA's Debt-to-Equity compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Bellini Nautica SpA ranks #720 out of 1217 companies for Debt-to-Equity. This places Bellini Nautica SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Bellini Nautica SpA's value of 0.57 is 23.9% above this benchmark. Historically, Bellini Nautica SpA's own Debt-to-Equity has ranged from 0.38 to 1.08 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.46, Bellini Nautica 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 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. Bellini Nautica SpA's current Debt-to-Equity of 0.57 is 23.9% 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 Bellini Nautica SpA and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellini Nautica SpA's current Debt-to-Equity is 0.57, which is 15% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellini Nautica SpA stock overvalued right now?
Based on GuruFocus' analysis, Bellini Nautica SpA (MIL:BELL) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.22, compared to a current price of €3.20 — trading 38.7% below its estimated fair value. The current Debt-to-Equity is 0.57, which is 15% below median its 10-year median of 0.67 and 23.9% above the Vehicles & Parts industry median of 0.46. Bellini Nautica SpA's overall GF Score™ is 73/100 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 Bellini Nautica SpA (MIL:BELL), the current Debt-to-Equity is 0.57 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 Bellini Nautica SpA (MIL:BELL) Overvalued in 2026?
Based on GuruFocus' analysis, Bellini Nautica SpA stock appears to be undervalued.
The current stock price of €3.20 is trading 38.7% below its estimated GF Value™ of €5.22.
GuruFocus considers Bellini Nautica SpA to be Significantly Undervalued.
Key valuation signals for MIL:BELL:
Debt-to-Equity: 0.57 (15% below median its 10-year median of 0.67)
GF Value™: €5.22 vs. price of €3.20 (38.7% below fair value)
Industry Position: 23.9% above the Vehicles & Parts median (#720 of 1217)
No single metric tells the full story. See the MIL:BELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bellini Nautica SpA offers recreational vehicles. It specializes in the commercialization of high-end pleasure boats, with its offerings spanning different kinds of boats such as the Bellini yachts like B Atelier and Astor 36, and Vintage Riva boats like Florida Shore, Riva Junior, Sebino Shore, and others. The company also offers boat-related maintenance and restoration services.
73GF Score
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