DOF Group ASA (OSL:DOFG) Debt-to-Equity: 0.86 (As of Mar. 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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OSL:DOFG DOF Group ASA OSL:DOFG
87 GF Score
Price kr138.90
GF Value kr95.00
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is DOF Group ASA Debt-to-Equity?

DOF Group ASA OSL:DOFG +2.13% 87 Debt-to-Equity is 0.86 as of Mar. 2026, which is 16% below its 10-year median of 1.02. GuruFocus rates OSL:DOFG with a GF Score™ of 87/100 and a GF Value™ of kr95.00 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,616 Construction companies, DOF Group ASA ranks worse than 71.72% on this metric.

DOF Group ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr1,536 Mil. DOF Group ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was kr15,405 Mil. DOF Group ASA's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr19,790 Mil. DOF Group ASA's debt to equity for the quarter that ended in Mar. 2026 was 0.86.

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 DOF Group ASA's Debt-to-Equity or its related term are showing as below:

OSL:DOFG' s Debt-to-Equity Range Over the Past 10 Years
Min: -71.74   Med: 1.02   Max: 35.75
Current: 0.86

During the past 6 years, the highest Debt-to-Equity Ratio of DOF Group ASA was 35.75. The lowest was -71.74. And the median was 1.02.

OSL:DOFG's Debt-to-Equity is ranked worse than
71.72% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs OSL:DOFG: 0.86

DOF Group ASA  (OSL:DOFG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


DOF Group ASA Debt-to-Equity Related Terms


DOF Group ASA Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for DOF Group 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.

DOF Group ASA Debt-to-Equity Chart

DOF Group ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial -26.18 35.75 1.38 0.94 0.83

DOF Group ASA Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.82 0.85 0.83 0.86

OSL:DOFG vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, DOF Group 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.


DOF Group ASA Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, DOF Group ASA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where DOF Group ASA's Debt-to-Equity falls into.


OSL:DOFG
87GF Score
DOF Group ASA OSL:DOFG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DOF Group ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DOF Group ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

DOF Group ASA's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.86 mean?
DOF Group ASA (OSL:DOFG) has a Debt-to-Equity of 0.86 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on DOF Group ASA and its competitors. This is 16% below median its historical median of 1.02. According to the industry distribution chart, DOF Group ASA ranks #1159 out of 1616 companies in the Construction industry, placing it in the top 71.7%.
Is DOF Group ASA's Debt-to-Equity too high?
DOF Group ASA's current Debt-to-Equity of 0.86 is 16% below median its 10-year median of 1.02. The Construction industry median Debt-to-Equity is 0.40. DOF Group ASA's value of 0.86 is 115% above this industry median. Based on the distribution chart, DOF Group ASA ranks #1159 out of 1616 companies in the Construction industry, which is below the industry midpoint. Overall, DOF Group ASA has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DOF Group ASA's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, DOF Group ASA ranks #1159 out of 1616 companies for Debt-to-Equity. This places DOF Group ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.40. DOF Group ASA's value of 0.86 is 115% above this benchmark. While the company's 10-year median is 1.02 vs. the industry median of 0.40, DOF Group 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 0.40, based on 1,616 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. DOF Group ASA's current Debt-to-Equity of 0.86 is 115% 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 DOF Group ASA and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOF Group ASA's current Debt-to-Equity is 0.86, which is 16% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOF Group ASA stock overvalued right now?
Based on GuruFocus' analysis, DOF Group ASA (OSL:DOFG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr95.00, compared to a current price of kr138.90 — trading 46.2% above its estimated fair value. The current Debt-to-Equity is 0.86, which is 16% below median its 10-year median of 1.02 and 115% above the Construction industry median of 0.40. DOF Group ASA's overall GF Score™ is 87/100 with 8 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 DOF Group ASA (OSL:DOFG), the current Debt-to-Equity is 0.86 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 DOF Group ASA (OSL:DOFG) Overvalued in 2026?

Based on GuruFocus' analysis, DOF Group ASA stock appears to be overvalued. The current stock price of kr138.90 is trading 46.2% above its estimated GF Value™ of kr95.00. GuruFocus considers DOF Group ASA to be Significantly Overvalued.

Key valuation signals for OSL:DOFG:

  • Debt-to-Equity: 0.86 (16% below median its 10-year median of 1.02)
  • GF Value™: kr95.00 vs. price of kr138.90 (46.2% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 115% above the Construction median (#1159 of 1616)

No single metric tells the full story. See the OSL:DOFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DOF Group ASA Business Description

Address Alfabygget, Storebo, NOR, 5392
DOF Group ASA is a provider of integrated subsea projects and marine services to the offshore energy market. The company operates in segments, which include Shipowning, Norskan, Subsea, DOFCON JV, and Corporate and vessel management. The majority of revenue is derived from the subsea segment, which is engaged in offering of subsea services under the management of one EVP for each of the regions. The activities from the subsea operations include Subsea IMR projects contracts ("subsea projects") and fixed time charter contracts ("long-term chartering").
87GF Score

Get the complete analysis for OSL:DOFG

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr138.90
Price
kr95.00
GF Value