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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 Porto Aviation Group SpA's Debt-to-Equity or its related term are showing as below:
MIL:PAG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.28 Max: 0.45
Current: 0.4
During the past 5 years, the highest Debt-to-Equity Ratio of Porto Aviation Group SpA was 0.45. The lowest was 0.12. And the median was 0.28.
MIL:PAG's Debt-to-Equity is ranked worse than 55.27% of 313
companies
in the Aerospace & Defense industry
Industry Median: 0.32
vs MIL:PAG: 0.40
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.
Porto Aviation Group SpA Debt-to-Equity Related Terms
Porto Aviation Group SpA 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.
MIL:PAG vs SPCX, GE, RTX: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Porto Aviation Group 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.
Porto Aviation Group SpA Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Porto Aviation Group SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Porto Aviation Group 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.
Porto Aviation Group SpA (MIL:PAG) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Porto Aviation Group SpA and its competitors. Over the past decade, Porto Aviation Group SpA's Debt-to-Equity has ranged from 0.12 to 0.45. According to the industry distribution chart, Porto Aviation Group SpA ranks #173 out of 313 companies in the Aerospace & Defense industry, placing it in the top 55.3%.
Is Porto Aviation Group SpA's Debt-to-Equity too high?
Porto Aviation Group SpA's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.45. Based on the distribution chart, Porto Aviation Group SpA ranks #173 out of 313 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Porto Aviation Group SpA has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Porto Aviation Group SpA's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Porto Aviation Group SpA ranks #173 out of 313 companies for Debt-to-Equity. This places Porto Aviation Group SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.32. Historically, Porto Aviation Group SpA's own Debt-to-Equity has ranged from 0.12 to 0.45 over the past decade. 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 Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.32, based on 313 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. 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 Porto Aviation Group SpA and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Porto Aviation Group SpA's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porto Aviation Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Porto Aviation Group SpA (MIL:PAG) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.49, compared to a current price of €9.35 — trading 44.1% above its estimated fair value. The current Debt-to-Equity is 0.00. Porto Aviation Group SpA's overall GF Score™ is 35/100 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 Porto Aviation Group SpA (MIL:PAG), the current Debt-to-Equity is 0.00 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 Porto Aviation Group SpA (MIL:PAG) Overvalued in 2026?
Based on GuruFocus' analysis, Porto Aviation Group SpA stock appears to be overvalued.
The current stock price of €9.35 is trading 44.1% above its estimated GF Value™ of €6.49.
GuruFocus considers Porto Aviation Group SpA to be Significantly Overvalued.
Key valuation signals for MIL:PAG:
Debt-to-Equity: 0.00
GF Value™: €6.49 vs. price of €9.35 (44.1% above fair value)
No single metric tells the full story. See the MIL:PAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, and hydraulic components.
35GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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