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The Descartes Systems GroupSTU:DC2 +1.81%94 Debt-to-Equity is 0.01 as of Apr. 2026, which is at its 10-year median of 0.01. GuruFocus rates STU:DC2 with a GF Score™ of 94/100 and a GF Value™ of €102.11 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,243 Software companies, The Descartes Systems Group ranks better than 99.96% 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 The Descartes Systems Group's Debt-to-Equity or its related term are showing as below:
STU:DC2'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.46
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of The Descartes Systems Group was 0.46. The lowest was 0.01. And the median was 0.01.
STU:DC2's Debt-to-Equity is ranked better than 99.96% of 2243
companies
in the Software industry
Industry Median: 0.2
vs STU:DC2: 0.01
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.
The Descartes Systems Group Debt-to-Equity Related Terms
The Descartes Systems Group Debt-to-Equity Historical Data
* 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.
STU:DC2 vs QH, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, The Descartes Systems Group'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.
The Descartes Systems Group Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, The Descartes Systems Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where The Descartes Systems Group'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.
The Descartes Systems Group (STU:DC2) has a Debt-to-Equity of 0.01 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Descartes Systems Group and its competitors. This is near median its historical median of 0.01. Over the past decade, The Descartes Systems Group's Debt-to-Equity has ranged from 0.01 to 0.46. According to the industry distribution chart, The Descartes Systems Group ranks #1 out of 2243 companies in the Software industry, placing it in the top 0%.
Is The Descartes Systems Group's Debt-to-Equity too high?
The Descartes Systems Group's current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.46. The Software industry median Debt-to-Equity is 0.20. The Descartes Systems Group's value of 0.01 is 95% below this industry median. Based on the distribution chart, The Descartes Systems Group ranks #1 out of 2243 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, The Descartes Systems Group has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, The Descartes Systems Group ranks #1 out of 2243 companies for Debt-to-Equity. This places The Descartes Systems Group in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.20. The Descartes Systems Group's value of 0.01 is 95% below this benchmark. Historically, The Descartes Systems Group's own Debt-to-Equity has ranged from 0.01 to 0.46 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.20, The Descartes Systems Group 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 a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,243 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. The Descartes Systems Group's current Debt-to-Equity of 0.01 is 95% 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 The Descartes Systems Group and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Descartes Systems Group's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
Based on GuruFocus' analysis, The Descartes Systems Group (STU:DC2) is currently considered Significantly Undervalued. The stock's GF Value™ is €102.11, compared to a current price of €67.35 — trading 34% below its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 95% below the Software industry median of 0.20. The Descartes Systems Group's overall GF Score™ is 94/100 with 1 warning sign 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 The Descartes Systems Group (STU:DC2), the current Debt-to-Equity is 0.01 as of Apr. 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 The Descartes Systems Group (STU:DC2) Overvalued in 2026?
Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued.
The current stock price of €67.35 is trading 34% below its estimated GF Value™ of €102.11.
GuruFocus considers The Descartes Systems Group to be Significantly Undervalued.
Key valuation signals for STU:DC2:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: €102.11 vs. price of €67.35 (34% below fair value)
Industry Position: 95% below the Software median (#1 of 2243)
No single metric tells the full story. See the STU:DC2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
94GF Score
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