Alternergy Holdings (PHS:ALTER) Debt-to-Equity: 5.12 (As of Mar. 2026) — 226% Above Median

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PHS:ALTER Alternergy Holdings Corp PHS:ALTER
53 GF Score
Price ₱0.78
GF Value ₱1.01
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Alternergy Holdings Debt-to-Equity?

Alternergy Holdings PHS:ALTER 53 Debt-to-Equity is 5.12 as of Mar. 2026, which is 226% above its 10-year median of 1.57. GuruFocus rates PHS:ALTER with a GF Score™ of 53/100 and a GF Value™ of ₱1.01 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 392 Utilities - Independent Power Producers companies, Alternergy Holdings ranks worse than 95.92% on this metric.

Alternergy Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱2,539.4 Mil. Alternergy Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱15,821.8 Mil. Alternergy Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₱3,587.9 Mil. Alternergy Holdings's debt to equity for the quarter that ended in Mar. 2026 was 5.12.

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 Alternergy Holdings's Debt-to-Equity or its related term are showing as below:

PHS:ALTER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 1.57   Max: 5.12
Current: 5.12

During the past 8 years, the highest Debt-to-Equity Ratio of Alternergy Holdings was 5.12. The lowest was 0.40. And the median was 1.57.

PHS:ALTER's Debt-to-Equity is ranked worse than
95.92% of 392 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs PHS:ALTER: 5.12

Alternergy Holdings  (PHS:ALTER) 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.


Alternergy Holdings Debt-to-Equity Related Terms


Alternergy Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Alternergy 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.

Alternergy Holdings Debt-to-Equity Chart

Alternergy Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial 1.79 2.75 0.88 1.15 3.60

Alternergy Holdings Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Mar23 Jun23 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 2.38 3.60 4.00 4.90 5.12

Alternergy Holdings Debt-to-Equity Competitor Comparison

For the Utilities - Renewable subindustry, Alternergy 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.


Alternergy Holdings Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternergy Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alternergy Holdings's Debt-to-Equity falls into.


PHS:ALTER
53GF Score
Alternergy Holdings Corp PHS:ALTER
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alternergy Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alternergy Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Alternergy Holdings'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 5.12 mean?
Alternergy Holdings (PHS:ALTER) has a Debt-to-Equity of 5.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alternergy Holdings and its competitors. This is 226% above median its historical median of 1.57. Over the past decade, Alternergy Holdings' Debt-to-Equity has ranged from 0.40 to 5.12. According to the industry distribution chart, Alternergy Holdings ranks #376 out of 392 companies in the Utilities - Independent Power Producers industry, placing it in the top 95.9%.
Is Alternergy Holdings' Debt-to-Equity too high?
Alternergy Holdings' current Debt-to-Equity of 5.12 is 226% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 5.12. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. Alternergy Holdings' value of 5.12 is 502.4% above this industry median. Based on the distribution chart, Alternergy Holdings ranks #376 out of 392 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Alternergy Holdings has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alternergy Holdings' Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Alternergy Holdings ranks #376 out of 392 companies for Debt-to-Equity. This places Alternergy Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.85. Alternergy Holdings' value of 5.12 is 502.4% above this benchmark. Historically, Alternergy Holdings' own Debt-to-Equity has ranged from 0.40 to 5.12 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 0.85, Alternergy 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 an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 392 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. Alternergy Holdings's current Debt-to-Equity of 5.12 is 502.4% 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 Alternergy Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternergy Holdings's current Debt-to-Equity is 5.12, which is 226% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternergy Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alternergy Holdings (PHS:ALTER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱1.01, compared to a current price of ₱0.78 — trading 22.8% below its estimated fair value. The current Debt-to-Equity is 5.12, which is 226% above median its 10-year median of 1.57 and 502.4% above the Utilities - Independent Power Producers industry median of 0.85. Alternergy Holdings' overall GF Score™ is 53/100 with 7 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 Alternergy Holdings (PHS:ALTER), the current Debt-to-Equity is 5.12 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 Alternergy Holdings (PHS:ALTER) Overvalued in 2026?

Based on GuruFocus' analysis, Alternergy Holdings stock appears to be undervalued. The current stock price of ₱0.78 is trading 22.8% below its estimated GF Value™ of ₱1.01. GuruFocus considers Alternergy Holdings to be Modestly Undervalued.

Key valuation signals for PHS:ALTER:

  • Debt-to-Equity: 5.12 (226% above median its 10-year median of 1.57)
  • GF Value™: ₱1.01 vs. price of ₱0.78 (22.8% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 502.4% above the Utilities - Independent Power Producers median (#376 of 392)

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


Alternergy Holdings Business Description

Address Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229
Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.
53GF Score

Get the complete analysis for PHS:ALTER

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

₱0.78
Price
₱1.01
GF Value