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Banca Sistema SpAMIL:BST +0.26%64 Debt-to-Equity is 0.56 as of Mar. 2026, which is 50% below its 10-year median of 1.11. GuruFocus rates MIL:BST with a GF Score™ of 64/100 and a GF Value™ of €1.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,417 Banks companies, Banca Sistema SpA ranks better than 50.95% 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 Banca Sistema SpA's Debt-to-Equity or its related term are showing as below:
MIL:BST'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 1.11 Max: 3.34
Current: 0.56
During the past 12 years, the highest Debt-to-Equity Ratio of Banca Sistema SpA was 3.34. The lowest was 0.56. And the median was 1.11.
MIL:BST's Debt-to-Equity is ranked better than 50.95% of 1417
companies
in the Banks industry
Industry Median: 0.57
vs MIL:BST: 0.56
Banca Sistema SpA (MIL:BST) Debt-to-Equity Explanation
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.
Banca Sistema SpA Debt-to-Equity Related Terms
Banca Sistema SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Banca Sistema 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 Banks - Regional subindustry, Banca Sistema 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.
Banca Sistema SpA Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Banca Sistema SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Banca Sistema 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.
Banca Sistema SpA (MIL:BST) has a Debt-to-Equity of 0.56 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Banca Sistema SpA and its competitors. This is 50% below median its historical median of 1.11. Over the past decade, Banca Sistema SpA's Debt-to-Equity has ranged from 0.56 to 3.34. According to the industry distribution chart, Banca Sistema SpA ranks #695 out of 1417 companies in the Banks industry, placing it in the top 49%.
Is Banca Sistema SpA's Debt-to-Equity too high?
Banca Sistema SpA's current Debt-to-Equity of 0.56 is 50% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 3.34. The Banks industry median Debt-to-Equity is 0.57. Banca Sistema SpA's value of 0.56 is 1.8% below this industry median. Based on the distribution chart, Banca Sistema SpA ranks #695 out of 1417 companies in the Banks industry, which is above the industry midpoint. Overall, Banca Sistema SpA has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banca Sistema SpA's Debt-to-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Banca Sistema SpA ranks #695 out of 1417 companies for Debt-to-Equity. This puts Banca Sistema SpA in the upper half of its industry. The industry median Debt-to-Equity is 0.57. Banca Sistema SpA's value of 0.56 is 1.8% below this benchmark. Historically, Banca Sistema SpA's own Debt-to-Equity has ranged from 0.56 to 3.34 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.57, Banca Sistema SpA 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 a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,417 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. Banca Sistema SpA's current Debt-to-Equity of 0.56 is 1.8% 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 Banca Sistema SpA and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banca Sistema SpA's current Debt-to-Equity is 0.56, which is 50% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banca Sistema SpA stock overvalued right now?
Based on GuruFocus' analysis, Banca Sistema SpA (MIL:BST) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.81, compared to a current price of €1.53 — trading 15.6% below its estimated fair value. The current Debt-to-Equity is 0.56, which is 50% below median its 10-year median of 1.11 and 1.8% below the Banks industry median of 0.57. Banca Sistema SpA's overall GF Score™ is 64/100 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 Banca Sistema SpA (MIL:BST), the current Debt-to-Equity is 0.56 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 Banca Sistema SpA (MIL:BST) Overvalued in 2026?
Based on GuruFocus' analysis, Banca Sistema SpA stock appears to be undervalued.
The current stock price of €1.53 is trading 15.6% below its estimated GF Value™ of €1.81.
GuruFocus considers Banca Sistema SpA to be Modestly Undervalued.
Key valuation signals for MIL:BST:
Debt-to-Equity: 0.56 (50% below median its 10-year median of 1.11)
GF Value™: €1.81 vs. price of €1.53 (15.6% below fair value)
Industry Position: 1.8% below the Banks median (#695 of 1417)
No single metric tells the full story. See the MIL:BST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banca Sistema SpA provides factoring and banking services. It specializes in the acquisition, management, and financing of receivables. The firm's products and services comprise current accounts, time deposits, funding for SMEs, non-recourse factoring, credit management, and payment services. Segment reporting of the company includes the following divisions: Factoring Division includes business related to the origination of trade and tax receivables with and without recourse, and the management. Retail Division, which includes the business related to the purchase of salary- and pension-backed loans. Collateralized Lending Division includes the business related to collateral-backed loans. Corporate Division includes activities related to the management of the Group's financial resources.
64GF Score
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