IRCE SpA (MIL:IRC) Debt-to-Equity: 0.60 (As of Mar. 2026) — 30% Above Median

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MIL:IRC IRCE SpA MIL:IRC
65 GF Score
Price €2.27
GF Value €2.07
Valuation Fairly Valued
! 6 Warning Signs
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What is IRCE SpA Debt-to-Equity?

IRCE SpA MIL:IRC +2.25% 65 Debt-to-Equity is 0.60 as of Mar. 2026, which is 30% above its 10-year median of 0.46. GuruFocus rates MIL:IRC with a GF Score™ of 65/100 and a GF Value™ of €2.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,679 Industrial Products companies, IRCE SpA ranks worse than 73.01% on this metric.

IRCE SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €62.1 Mil. IRCE SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €36.4 Mil. IRCE SpA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €163.0 Mil. IRCE SpA's debt to equity for the quarter that ended in Mar. 2026 was 0.60.

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 IRCE SpA's Debt-to-Equity or its related term are showing as below:

MIL:IRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.46   Max: 0.65
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of IRCE SpA was 0.65. The lowest was 0.26. And the median was 0.46.

MIL:IRC's Debt-to-Equity is ranked worse than
73.01% of 2679 companies
in the Industrial Products industry
Industry Median: 0.28 vs MIL:IRC: 0.60

IRCE SpA  (MIL:IRC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


IRCE SpA Debt-to-Equity Related Terms


IRCE SpA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for IRCE 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.

IRCE SpA Debt-to-Equity Chart

IRCE SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.46 0.26 0.40 0.55

IRCE SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.50 0.46 0.55 0.60

MIL:IRC vs VRT, BE, HUBB: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, IRCE 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.


IRCE SpA Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, IRCE SpA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IRCE SpA's Debt-to-Equity falls into.


MIL:IRC
65GF Score
IRCE SpA MIL:IRC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRCE SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IRCE SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

IRCE SpA's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.60 mean?
IRCE SpA (MIL:IRC) has a Debt-to-Equity of 0.60 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on IRCE SpA and its competitors. This is 30% above median its historical median of 0.46. Over the past decade, IRCE SpA's Debt-to-Equity has ranged from 0.26 to 0.65. According to the industry distribution chart, IRCE SpA ranks #1956 out of 2679 companies in the Industrial Products industry, placing it in the top 73%.
Is IRCE SpA's Debt-to-Equity too high?
IRCE SpA's current Debt-to-Equity of 0.60 is 30% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.65. The Industrial Products industry median Debt-to-Equity is 0.28. IRCE SpA's value of 0.60 is 114.3% above this industry median. Based on the distribution chart, IRCE SpA ranks #1956 out of 2679 companies in the Industrial Products industry, which is below the industry midpoint. Overall, IRCE SpA has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IRCE SpA's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, IRCE SpA ranks #1956 out of 2679 companies for Debt-to-Equity. This places IRCE SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.28. IRCE SpA's value of 0.60 is 114.3% above this benchmark. Historically, IRCE SpA's own Debt-to-Equity has ranged from 0.26 to 0.65 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.28, IRCE 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 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. IRCE SpA's current Debt-to-Equity of 0.60 is 114.3% 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 IRCE SpA 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. IRCE SpA's current Debt-to-Equity is 0.60, which is 30% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCE SpA stock overvalued right now?
Based on GuruFocus' analysis, IRCE SpA (MIL:IRC) is currently considered Fairly Valued. The stock's GF Value™ is €2.07, compared to a current price of €2.27 — trading 9.7% above its estimated fair value. The current Debt-to-Equity is 0.60, which is 30% above median its 10-year median of 0.46 and 114.3% above the Industrial Products industry median of 0.28. IRCE SpA's overall GF Score™ is 65/100 with 6 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 IRCE SpA (MIL:IRC), the current Debt-to-Equity is 0.60 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 IRCE SpA (MIL:IRC) Overvalued in 2026?

Based on GuruFocus' analysis, IRCE SpA stock appears to be overvalued. The current stock price of €2.27 is trading 9.7% above its estimated GF Value™ of €2.07. GuruFocus considers IRCE SpA to be Fairly Valued.

Key valuation signals for MIL:IRC:

  • Debt-to-Equity: 0.60 (30% above median its 10-year median of 0.46)
  • GF Value™: €2.07 vs. price of €2.27 (9.7% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 114.3% above the Industrial Products median (#1956 of 2679)

No single metric tells the full story. See the MIL:IRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRCE SpA Business Description

Other Exchanges IRQ:Germany
Address Via Lasie 12/A, Imola, ITA, 40026
IRCE SpA is an Italy-based company that operates in the sector of winding conductors and electrical cables. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union. Italy contributes majority of the its revenue in terms of geographical segment.
65GF Score

Get the complete analysis for MIL:IRC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.27
Price
€2.07
GF Value