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AF Gruppen ASAOSL:AFG -1.16%48 Debt-to-Equity is 0.43 as of Mar. 2026, which is 9% below its 10-year median of 0.47. GuruFocus rates OSL:AFG with a GF Score™ of 48/100. The stock has 3 warning signs investors should review. Among 1,609 Construction companies, AF Gruppen ASA ranks worse than 51.27% 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 AF Gruppen ASA's Debt-to-Equity or its related term are showing as below:
OSL:AFG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.47 Max: 1.16
Current: 0.43
During the past 13 years, the highest Debt-to-Equity Ratio of AF Gruppen ASA was 1.16. The lowest was 0.06. And the median was 0.47.
OSL:AFG's Debt-to-Equity is ranked worse than 51.27% of 1609
companies
in the Construction industry
Industry Median: 0.41
vs OSL:AFG: 0.43
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.
AF Gruppen ASA Debt-to-Equity Related Terms
AF Gruppen ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for AF Gruppen ASA'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.
OSL:AFG vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, AF Gruppen ASA'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.
AF Gruppen ASA Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, AF Gruppen ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AF Gruppen ASA'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.
AF Gruppen ASA (OSL:AFG) has a Debt-to-Equity of 0.43 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AF Gruppen ASA and its competitors. This is near median its historical median of 0.47. Over the past decade, AF Gruppen ASA's Debt-to-Equity has ranged from 0.06 to 1.16. According to the industry distribution chart, AF Gruppen ASA ranks #825 out of 1609 companies in the Construction industry, placing it in the top 51.3%.
Is AF Gruppen ASA's Debt-to-Equity too high?
AF Gruppen ASA's current Debt-to-Equity of 0.43 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.16. The Construction industry median Debt-to-Equity is 0.41. AF Gruppen ASA's value of 0.43 is 4.9% above this industry median. Based on the distribution chart, AF Gruppen ASA ranks #825 out of 1609 companies in the Construction industry, which is below the industry midpoint. Overall, AF Gruppen ASA has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does AF Gruppen ASA's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, AF Gruppen ASA ranks #825 out of 1609 companies for Debt-to-Equity. This places AF Gruppen ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.41. AF Gruppen ASA's value of 0.43 is 4.9% above this benchmark. Historically, AF Gruppen ASA's own Debt-to-Equity has ranged from 0.06 to 1.16 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.41, AF Gruppen ASA 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,609 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. AF Gruppen ASA's current Debt-to-Equity of 0.43 is 4.9% 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 AF Gruppen ASA 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. AF Gruppen ASA's current Debt-to-Equity is 0.43, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Gruppen ASA stock overvalued right now?
AF Gruppen ASA (OSL:AFG) has a current Debt-to-Equity of 0.43. The current Debt-to-Equity is 0.43, which is near median its 10-year median of 0.47 and 4.9% above the Construction industry median of 0.41. AF Gruppen ASA's 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 AF Gruppen ASA (OSL:AFG), the current Debt-to-Equity is 0.43 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.
AF Gruppen ASA A is one of Norway's contracting and industrial groups. The company provides services in areas of civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants.
48GF Score
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