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Multi Ways HoldingsMWG -0.87%48 Debt-to-Equity is 0.66 as of Dec. 2025, which is 46% below its 10-year median of 1.22. GuruFocus rates MWG with a GF Score™ of 48/100 and a GF Value™ of $3.18 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 958 Business Services companies, Multi Ways Holdings ranks worse than 67.01% 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 Multi Ways Holdings's Debt-to-Equity or its related term are showing as below:
MWG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.22 Max: 3.35
Current: 0.66
During the past 6 years, the highest Debt-to-Equity Ratio of Multi Ways Holdings was 3.35. The lowest was 0.59. And the median was 1.22.
MWG's Debt-to-Equity is ranked worse than 67.01% of 958
companies
in the Business Services industry
Industry Median: 0.33
vs MWG: 0.66
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.
Multi Ways Holdings Debt-to-Equity Related Terms
Multi Ways Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Multi Ways Holdings'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.
MWG vs DWAY, BDST, AITX: Debt-to-Equity Comparison
For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.
Multi Ways Holdings Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Multi Ways Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Multi Ways Holdings'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.
Multi Ways Holdings (MWG) has a Debt-to-Equity of 0.66 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Multi Ways Holdings and its competitors. This is 46% below median its historical median of 1.22. Over the past decade, Multi Ways Holdings' Debt-to-Equity has ranged from 0.59 to 3.35. According to the industry distribution chart, Multi Ways Holdings ranks #642 out of 958 companies in the Business Services industry, placing it in the top 67%.
Is Multi Ways Holdings' Debt-to-Equity too high?
Multi Ways Holdings' current Debt-to-Equity of 0.66 is 46% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.35. The Business Services industry median Debt-to-Equity is 0.33. Multi Ways Holdings' value of 0.66 is 100% above this industry median. Based on the distribution chart, Multi Ways Holdings ranks #642 out of 958 companies in the Business Services industry, which is below the industry midpoint. Overall, Multi Ways Holdings has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Multi Ways Holdings' Debt-to-Equity compare to DWAY and BDST?
According to the Business Services industry distribution chart, Multi Ways Holdings ranks #642 out of 958 companies for Debt-to-Equity. This places Multi Ways Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Multi Ways Holdings' value of 0.66 is 100% above this benchmark. Historically, Multi Ways Holdings' own Debt-to-Equity has ranged from 0.59 to 3.35 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 0.33, Multi Ways Holdings 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 958 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. Multi Ways Holdings's current Debt-to-Equity of 0.66 is 100% 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 Multi Ways Holdings and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Ways Holdings's current Debt-to-Equity is 0.66, which is 46% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Ways Holdings stock overvalued right now?
Based on GuruFocus' analysis, Multi Ways Holdings (MWG) is currently considered Possible Value Trap. The stock's GF Value™ is $3.18, compared to a current price of $1.14 — trading 64.2% below its estimated fair value. The current Debt-to-Equity is 0.66, which is 46% below median its 10-year median of 1.22 and 100% above the Business Services industry median of 0.33. Multi Ways Holdings' overall GF Score™ is 48/100 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 Multi Ways Holdings (MWG), the current Debt-to-Equity is 0.66 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 Multi Ways Holdings (MWG) Overvalued in 2026?
Based on GuruFocus' analysis, Multi Ways Holdings stock appears to be undervalued.
The current stock price of $1.14 is trading 64.2% below its estimated GF Value™ of $3.18.
GuruFocus considers Multi Ways Holdings to be Possible Value Trap.
Key valuation signals for MWG:
Debt-to-Equity: 0.66 (46% below median its 10-year median of 1.22)
GF Value™: $3.18 vs. price of $1.14 (64.2% below fair value)
Industry Position: 100% above the Business Services median (#642 of 958)
No single metric tells the full story. See the MWG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.
48GF Score
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