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PLC SpAMIL:PLC 74 Debt-to-Equity is 0.12 as of Dec. 2025, which is 54% below its 10-year median of 0.26. GuruFocus rates MIL:PLC with a GF Score™ of 74/100 and a GF Value™ of €2.58 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,611 Construction companies, PLC SpA ranks better than 77.03% 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 PLC SpA's Debt-to-Equity or its related term are showing as below:
MIL:PLC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.26 Max: 0.63
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of PLC SpA was 0.63. The lowest was 0.12. And the median was 0.26.
MIL:PLC's Debt-to-Equity is ranked better than 77.03% of 1611
companies
in the Construction industry
Industry Median: 0.41
vs MIL:PLC: 0.12
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.
PLC SpA Debt-to-Equity Related Terms
PLC SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for PLC 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:PLC vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, PLC 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.
PLC SpA Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, PLC SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PLC 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.
PLC SpA (MIL:PLC) has a Debt-to-Equity of 0.12 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PLC SpA and its competitors. This is 54% below median its historical median of 0.26. Over the past decade, PLC SpA's Debt-to-Equity has ranged from 0.12 to 0.63. According to the industry distribution chart, PLC SpA ranks #370 out of 1611 companies in the Construction industry, placing it in the top 23%.
Is PLC SpA's Debt-to-Equity too high?
PLC SpA's current Debt-to-Equity of 0.12 is 54% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.63. The Construction industry median Debt-to-Equity is 0.41. PLC SpA's value of 0.12 is 70.7% below this industry median. Based on the distribution chart, PLC SpA ranks #370 out of 1611 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PLC SpA has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PLC SpA's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, PLC SpA ranks #370 out of 1611 companies for Debt-to-Equity. This places PLC SpA in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. PLC SpA's value of 0.12 is 70.7% below this benchmark. Historically, PLC SpA's own Debt-to-Equity has ranged from 0.12 to 0.63 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.41, PLC 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 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. PLC SpA's current Debt-to-Equity of 0.12 is 70.7% 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 PLC SpA and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PLC SpA's current Debt-to-Equity is 0.12, which is 54% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PLC SpA stock overvalued right now?
Based on GuruFocus' analysis, PLC SpA (MIL:PLC) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.58, compared to a current price of €3.08 — trading 19.4% above its estimated fair value. The current Debt-to-Equity is 0.12, which is 54% below median its 10-year median of 0.26 and 70.7% below the Construction industry median of 0.41. PLC SpA's overall GF Score™ is 74/100 with 3 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 PLC SpA (MIL:PLC), the current Debt-to-Equity is 0.12 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 PLC SpA (MIL:PLC) Overvalued in 2026?
Based on GuruFocus' analysis, PLC SpA stock appears to be overvalued.
The current stock price of €3.08 is trading 19.4% above its estimated GF Value™ of €2.58.
GuruFocus considers PLC SpA to be Modestly Overvalued.
Key valuation signals for MIL:PLC:
Debt-to-Equity: 0.12 (54% below median its 10-year median of 0.26)
GF Value™: €2.58 vs. price of €3.08 (19.4% above fair value)
Industry Position: 70.7% below the Construction median (#370 of 1611)
No single metric tells the full story. See the MIL:PLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PLC SpA is engaged in the designing, installation, and maintenance of electrical infrastructures and renewable energy plants. The company constructs turnkey plants for the production of electrical energy from renewable sources; and monitors and maintains electrical power grids, transformers, and accessory plants of wind farms and photovoltaic plants, as well as offers installation, maintenance, and repair services for inverters.
74GF Score
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