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NKT ASNRKBF +25.23%80 Debt-to-Equity is 0.13 as of Mar. 2026, which is 32% below its 10-year median of 0.19. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $95.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,679 Industrial Products companies, NKT AS ranks better than 69.32% 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 NKT AS's Debt-to-Equity or its related term are showing as below:
NRKBF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.19 Max: 0.82
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of NKT AS was 0.82. The lowest was 0.10. And the median was 0.19.
NRKBF's Debt-to-Equity is ranked better than 69.32% of 2679
companies
in the Industrial Products industry
Industry Median: 0.28
vs NRKBF: 0.13
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.
NKT AS Debt-to-Equity Related Terms
NKT AS Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for NKT AS'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.
For the Electrical Equipment & Parts subindustry, NKT AS'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.
NKT AS Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NKT AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NKT AS'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.
NKT AS (NRKBF) has a Debt-to-Equity of 0.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NKT AS and its competitors. This is 32% below median its historical median of 0.19. Over the past decade, NKT AS's Debt-to-Equity has ranged from 0.10 to 0.82. According to the industry distribution chart, NKT AS ranks #822 out of 2679 companies in the Industrial Products industry, placing it in the top 30.7%.
Is NKT AS's Debt-to-Equity too high?
NKT AS's current Debt-to-Equity of 0.13 is 32% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.82. The Industrial Products industry median Debt-to-Equity is 0.28. NKT AS's value of 0.13 is 53.6% below this industry median. Based on the distribution chart, NKT AS ranks #822 out of 2679 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #822 out of 2679 companies for Debt-to-Equity. This puts NKT AS in the upper half of its industry. The industry median Debt-to-Equity is 0.28. NKT AS's value of 0.13 is 53.6% below this benchmark. Historically, NKT AS's own Debt-to-Equity has ranged from 0.10 to 0.82 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.28, NKT AS 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 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. NKT AS's current Debt-to-Equity of 0.13 is 53.6% 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 NKT AS and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NKT AS's current Debt-to-Equity is 0.13, which is 32% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $95.58, compared to a current price of $158.30 — trading 65.6% above its estimated fair value. The current Debt-to-Equity is 0.13, which is 32% below median its 10-year median of 0.19 and 53.6% below the Industrial Products industry median of 0.28. NKT AS's overall GF Score™ is 80/100 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 NKT AS (NRKBF), the current Debt-to-Equity is 0.13 as of Mar. 2026. 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 NKT AS (NRKBF) Overvalued in 2026?
Based on GuruFocus' analysis, NKT AS stock appears to be overvalued.
The current stock price of $158.30 is trading 65.6% above its estimated GF Value™ of $95.58.
GuruFocus considers NKT AS to be Significantly Overvalued.
Key valuation signals for NRKBF:
Debt-to-Equity: 0.13 (32% below median its 10-year median of 0.19)
GF Value™: $95.58 vs. price of $158.30 (65.6% above fair value)
Industry Position: 53.6% below the Industrial Products median (#822 of 2679)
No single metric tells the full story. See the NRKBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
80GF Score
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