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China AirlinesTPE:2610 +0.49%88 Debt-to-Equity is 1.35 as of Jun. 2026, which is 29% below its 10-year median of 1.91. GuruFocus rates TPE:2610 with a GF Score™ of 88/100 and a GF Value™ of NT$24.98 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 912 Transportation companies, China Airlines ranks worse than 80.04% 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 China Airlines's Debt-to-Equity or its related term are showing as below:
TPE:2610'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.04 Med: 1.91 Max: 2.69
Current: 1.35
During the past 13 years, the highest Debt-to-Equity Ratio of China Airlines was 2.69. The lowest was 1.04. And the median was 1.91.
TPE:2610's Debt-to-Equity is ranked worse than 80.04% of 912
companies
in the Transportation industry
Industry Median: 0.53
vs TPE:2610: 1.35
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.
China Airlines Debt-to-Equity Related Terms
China Airlines Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for China Airlines'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.
TPE:2610 vs DAL, UAL, LUV: Debt-to-Equity Comparison
For the Airlines subindustry, China Airlines'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.
China Airlines Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, China Airlines's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where China Airlines'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.
China Airlines (TPE:2610) has a Debt-to-Equity of 1.35 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on China Airlines and its competitors. This is 29% below median its historical median of 1.91. Over the past decade, China Airlines' Debt-to-Equity has ranged from 1.04 to 2.69. According to the industry distribution chart, China Airlines ranks #730 out of 912 companies in the Transportation industry, placing it in the top 80%.
Is China Airlines' Debt-to-Equity too high?
China Airlines' current Debt-to-Equity of 1.35 is 29% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 2.69. The Transportation industry median Debt-to-Equity is 0.53. China Airlines' value of 1.35 is 154.7% above this industry median. Based on the distribution chart, China Airlines ranks #730 out of 912 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Airlines has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Airlines' Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, China Airlines ranks #730 out of 912 companies for Debt-to-Equity. This places China Airlines in the lower half of its industry. The industry median Debt-to-Equity is 0.53. China Airlines' value of 1.35 is 154.7% above this benchmark. Historically, China Airlines' own Debt-to-Equity has ranged from 1.04 to 2.69 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 0.53, China Airlines 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 912 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. China Airlines's current Debt-to-Equity of 1.35 is 154.7% 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 China Airlines and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Airlines's current Debt-to-Equity is 1.35, which is 29% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Airlines stock overvalued right now?
Based on GuruFocus' analysis, China Airlines (TPE:2610) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.98, compared to a current price of NT$20.50 — trading 17.9% below its estimated fair value. The current Debt-to-Equity is 1.35, which is 29% below median its 10-year median of 1.91 and 154.7% above the Transportation industry median of 0.53. China Airlines' overall GF Score™ is 88/100 with 5 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 China Airlines (TPE:2610), the current Debt-to-Equity is 1.35 as of Jun. 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 China Airlines (TPE:2610) Overvalued in 2026?
Based on GuruFocus' analysis, China Airlines stock appears to be undervalued.
The current stock price of NT$20.50 is trading 17.9% below its estimated GF Value™ of NT$24.98.
GuruFocus considers China Airlines to be Modestly Undervalued.
Key valuation signals for TPE:2610:
Debt-to-Equity: 1.35 (29% below median its 10-year median of 1.91)
GF Value™: NT$24.98 vs. price of NT$20.50 (17.9% below fair value)
Industry Position: 154.7% above the Transportation median (#730 of 912)
No single metric tells the full story. See the TPE:2610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the companies revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.
88GF Score
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