Gelex Group JSC (STC:GEX) Debt-to-Equity: 1.84 (As of Mar. 2026) — 14% Above Median

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STC:GEX Gelex Group JSC STC:GEX
87 GF Score
Price ₫21,800.00
GF Value ₫21,835.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Gelex Group JSC Debt-to-Equity?

Gelex Group JSC STC:GEX -1.80% 87 Debt-to-Equity is 1.84 as of Mar. 2026, which is 14% above its 10-year median of 1.61. GuruFocus rates STC:GEX with a GF Score™ of 87/100 and a GF Value™ of ₫21,835.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,682 Industrial Products companies, Gelex Group JSC ranks worse than 95.79% on this metric.

Gelex Group JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫13,903,693 Mil. Gelex Group JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫21,594,016 Mil. Gelex Group JSC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₫19,292,376 Mil. Gelex Group JSC's debt to equity for the quarter that ended in Mar. 2026 was 1.84.

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

STC:GEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06   Med: 1.61   Max: 2.89
Current: 1.84

During the past 10 years, the highest Debt-to-Equity Ratio of Gelex Group JSC was 2.89. The lowest was 1.06. And the median was 1.61.

STC:GEX's Debt-to-Equity is ranked worse than
95.79% of 2682 companies
in the Industrial Products industry
Industry Median: 0.28 vs STC:GEX: 1.84

Gelex Group JSC  (STC:GEX) 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.


Gelex Group JSC Debt-to-Equity Related Terms


Gelex Group JSC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gelex Group JSC'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.

Gelex Group JSC Debt-to-Equity Chart

Gelex Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.50 1.76 1.18 1.62

Gelex Group JSC Quarterly Data
Jun21 Sep21 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 Premium Member Only 1.35 1.37 1.38 1.62 1.84

STC:GEX vs VRT, BE, HUBB: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Gelex Group JSC'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.


Gelex Group JSC Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Group JSC's Debt-to-Equity distribution charts can be found below:

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


STC:GEX
87GF Score
Gelex Group JSC STC:GEX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gelex Group JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(12168371.064 + 16668389.83) / 17816324.388
=1.62

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(13903693.442 + 21594016.06) / 19292376.269
=1.84

* 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 1.84 mean?
Gelex Group JSC (STC:GEX) has a Debt-to-Equity of 1.84 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gelex Group JSC and its competitors. This is 14% above median its historical median of 1.61. Over the past decade, Gelex Group JSC's Debt-to-Equity has ranged from 1.06 to 2.89. According to the industry distribution chart, Gelex Group JSC ranks #2569 out of 2682 companies in the Industrial Products industry, placing it in the top 95.8%.
Is Gelex Group JSC's Debt-to-Equity too high?
Gelex Group JSC's current Debt-to-Equity of 1.84 is 14% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.89. The Industrial Products industry median Debt-to-Equity is 0.28. Gelex Group JSC's value of 1.84 is 557.1% above this industry median. Based on the distribution chart, Gelex Group JSC ranks #2569 out of 2682 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Gelex Group JSC has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gelex Group JSC's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Gelex Group JSC ranks #2569 out of 2682 companies for Debt-to-Equity. This places Gelex Group JSC in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Gelex Group JSC's value of 1.84 is 557.1% above this benchmark. Historically, Gelex Group JSC's own Debt-to-Equity has ranged from 1.06 to 2.89 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.28, Gelex Group JSC 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,682 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. Gelex Group JSC's current Debt-to-Equity of 1.84 is 557.1% 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 Gelex Group JSC 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. Gelex Group JSC's current Debt-to-Equity is 1.84, which is 14% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelex Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Gelex Group JSC (STC:GEX) is currently considered Fairly Valued. The stock's GF Value™ is ₫21,835.31, compared to a current price of ₫21,800.00 — trading 0.2% below its estimated fair value. The current Debt-to-Equity is 1.84, which is 14% above median its 10-year median of 1.61 and 557.1% above the Industrial Products industry median of 0.28. Gelex Group JSC's overall GF Score™ is 87/100 with 4 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 Gelex Group JSC (STC:GEX), the current Debt-to-Equity is 1.84 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 Gelex Group JSC (STC:GEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gelex Group JSC stock appears to be undervalued. The current stock price of ₫21,800.00 is trading 0.2% below its estimated GF Value™ of ₫21,835.31. GuruFocus considers Gelex Group JSC to be Fairly Valued.

Key valuation signals for STC:GEX:

  • Debt-to-Equity: 1.84 (14% above median its 10-year median of 1.61)
  • GF Value™: ₫21,835.31 vs. price of ₫21,800.00 (0.2% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 557.1% above the Industrial Products median (#2569 of 2682)

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


Gelex Group JSC Business Description

Address No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC operates in the industrial production and infrastructure industry. The Industrial production of the company is engaged in manufacturing and supplying of electrical equipment like electric cables, transformers, electric motors and, other electrical equipment; and the Infrastructure consists of production and trade in construction materials, real estate and construction business; production, transmission and distribution of electricity including hydropower, solar power and wind power; exploitation, treatment and supply of clean water; hotel, tourism and office leasing services, houses, and other factories.
87GF Score

Get the complete analysis for STC:GEX

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

₫21,800.00
Price
₫21,835.31
GF Value