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Racing Force SpAMIL:RFG -1.53%86 Debt-to-Equity is 0.36 as of Dec. 2025, which is 14% below its 10-year median of 0.42. GuruFocus rates MIL:RFG with a GF Score™ of 86/100 and a GF Value™ of €5.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 724 Travel & Leisure companies, Racing Force SpA ranks better than 55.11% 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 Racing Force SpA's Debt-to-Equity or its related term are showing as below:
MIL:RFG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.42 Max: 3.11
Current: 0.36
During the past 6 years, the highest Debt-to-Equity Ratio of Racing Force SpA was 3.11. The lowest was 0.23. And the median was 0.42.
MIL:RFG's Debt-to-Equity is ranked better than 55.11% of 724
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs MIL:RFG: 0.36
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.
Racing Force SpA Debt-to-Equity Related Terms
Racing Force SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Racing Force 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:RFG vs AS, HAS, LTH: Debt-to-Equity Comparison
For the Leisure subindustry, Racing Force 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.
Racing Force SpA Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Racing Force 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.
Racing Force SpA (MIL:RFG) has a Debt-to-Equity of 0.36 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Racing Force SpA and its competitors. This is 14% below median its historical median of 0.42. Over the past decade, Racing Force SpA's Debt-to-Equity has ranged from 0.23 to 3.11. According to the industry distribution chart, Racing Force SpA ranks #325 out of 724 companies in the Travel & Leisure industry, placing it in the top 44.9%.
Is Racing Force SpA's Debt-to-Equity too high?
Racing Force SpA's current Debt-to-Equity of 0.36 is 14% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.11. The Travel & Leisure industry median Debt-to-Equity is 0.43. Racing Force SpA's value of 0.36 is 16.3% below this industry median. Based on the distribution chart, Racing Force SpA ranks #325 out of 724 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Racing Force SpA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Racing Force SpA's Debt-to-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Racing Force SpA ranks #325 out of 724 companies for Debt-to-Equity. This puts Racing Force SpA in the upper half of its industry. The industry median Debt-to-Equity is 0.43. Racing Force SpA's value of 0.36 is 16.3% below this benchmark. Historically, Racing Force SpA's own Debt-to-Equity has ranged from 0.23 to 3.11 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.43, Racing Force 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 724 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. Racing Force SpA's current Debt-to-Equity of 0.36 is 16.3% 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 Racing Force SpA and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Racing Force SpA's current Debt-to-Equity is 0.36, which is 14% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Racing Force SpA stock overvalued right now?
Based on GuruFocus' analysis, Racing Force SpA (MIL:RFG) is currently considered Fairly Valued. The stock's GF Value™ is €5.57, compared to a current price of €5.16 — trading 7.4% below its estimated fair value. The current Debt-to-Equity is 0.36, which is 14% below median its 10-year median of 0.42 and 16.3% below the Travel & Leisure industry median of 0.43. Racing Force SpA's overall GF Score™ is 86/100 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 Racing Force SpA (MIL:RFG), the current Debt-to-Equity is 0.36 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 Racing Force SpA (MIL:RFG) Overvalued in 2026?
Based on GuruFocus' analysis, Racing Force SpA stock appears to be undervalued.
The current stock price of €5.16 is trading 7.4% below its estimated GF Value™ of €5.57.
GuruFocus considers Racing Force SpA to be Fairly Valued.
Key valuation signals for MIL:RFG:
Debt-to-Equity: 0.36 (14% below median its 10-year median of 0.42)
GF Value™: €5.57 vs. price of €5.16 (7.4% below fair value)
Industry Position: 16.3% below the Travel & Leisure median (#325 of 724)
No single metric tells the full story. See the MIL:RFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Racing Force SpA operates in the production of safety equipment for the racing and motorsports industry and conducts essentially complementary business activities. Its product range spans suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire-extinguisher systems, and intercoms, as well as other accessories strictly related to the motorsport industry. The products are sold under the OMP, Bell, Zeronoise, B2, and Racing Spirit brands. Geographically, the company generates maximum revenue from Europe, Middle East and Africa (EMEA), followed by the Americas (AMER), and Asia and Oceania (APAC).
86GF Score
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