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SOL SpAMIL:SOL 79 Debt-to-Equity is 0.63 as of Dec. 2025, which is at its 10-year median of 0.63. GuruFocus rates MIL:SOL with a GF Score™ of 79/100 and a GF Value™ of €42.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,419 Chemicals companies, SOL SpA ranks worse than 68.99% 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 SOL SpA's Debt-to-Equity or its related term are showing as below:
MIL:SOL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.63 Max: 0.71
Current: 0.63
During the past 13 years, the highest Debt-to-Equity Ratio of SOL SpA was 0.71. The lowest was 0.54. And the median was 0.63.
MIL:SOL's Debt-to-Equity is ranked worse than 68.99% of 1419
companies
in the Chemicals industry
Industry Median: 0.36
vs MIL:SOL: 0.63
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.
SOL SpA Debt-to-Equity Related Terms
SOL SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for SOL 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:SOL vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, SOL 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.
SOL SpA Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SOL SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SOL 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.
SOL SpA (MIL:SOL) has a Debt-to-Equity of 0.63 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SOL SpA and its competitors. This is near median its historical median of 0.63. Over the past decade, SOL SpA's Debt-to-Equity has ranged from 0.54 to 0.71. According to the industry distribution chart, SOL SpA ranks #979 out of 1419 companies in the Chemicals industry, placing it in the top 69%.
Is SOL SpA's Debt-to-Equity too high?
SOL SpA's current Debt-to-Equity of 0.63 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.71. The Chemicals industry median Debt-to-Equity is 0.36. SOL SpA's value of 0.63 is 75% above this industry median. Based on the distribution chart, SOL SpA ranks #979 out of 1419 companies in the Chemicals industry, which is below the industry midpoint. Overall, SOL SpA has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SOL SpA's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, SOL SpA ranks #979 out of 1419 companies for Debt-to-Equity. This places SOL SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.36. SOL SpA's value of 0.63 is 75% above this benchmark. Historically, SOL SpA's own Debt-to-Equity has ranged from 0.54 to 0.71 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.36, SOL 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 a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,419 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. SOL SpA's current Debt-to-Equity of 0.63 is 75% 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 SOL SpA and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOL SpA's current Debt-to-Equity is 0.63, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOL SpA stock overvalued right now?
Based on GuruFocus' analysis, SOL SpA (MIL:SOL) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.72, compared to a current price of €56.90 — trading 33.2% above its estimated fair value. The current Debt-to-Equity is 0.63, which is near median its 10-year median of 0.63 and 75% above the Chemicals industry median of 0.36. SOL SpA's overall GF Score™ is 79/100 with 5 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 SOL SpA (MIL:SOL), the current Debt-to-Equity is 0.63 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 SOL SpA (MIL:SOL) Overvalued in 2026?
Based on GuruFocus' analysis, SOL SpA stock appears to be overvalued.
The current stock price of €56.90 is trading 33.2% above its estimated GF Value™ of €42.72.
GuruFocus considers SOL SpA to be Significantly Overvalued.
Key valuation signals for MIL:SOL:
Debt-to-Equity: 0.63 (near median its 10-year median of 0.63)
GF Value™: €42.72 vs. price of €56.90 (33.2% above fair value)
Industry Position: 75% above the Chemicals median (#979 of 1419)
No single metric tells the full story. See the MIL:SOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.
79GF Score
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