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ForteBank JSCXKAZ:ASBN -0.18%52 Debt-to-Equity is 1.14 as of Mar. 2026, which is 8% below its 10-year median of 1.24. GuruFocus rates XKAZ:ASBN with a GF Score™ of 52/100 and a GF Value™ of ₸9.63 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,411 Banks companies, ForteBank JSC ranks worse than 70.94% 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 ForteBank JSC's Debt-to-Equity or its related term are showing as below:
XKAZ:ASBN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 1.24 Max: 1.86
Current: 1.14
During the past 13 years, the highest Debt-to-Equity Ratio of ForteBank JSC was 1.86. The lowest was 0.29. And the median was 1.24.
XKAZ:ASBN's Debt-to-Equity is ranked worse than 70.94% of 1411
companies
in the Banks industry
Industry Median: 0.58
vs XKAZ:ASBN: 1.14
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.
ForteBank JSC Debt-to-Equity Related Terms
ForteBank JSC Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ForteBank 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.
For the Banks - Regional subindustry, ForteBank 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.
ForteBank JSC Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, ForteBank JSC's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ForteBank JSC'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.
ForteBank JSC (XKAZ:ASBN) has a Debt-to-Equity of 1.14 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ForteBank JSC and its competitors. This is near median its historical median of 1.24. Over the past decade, ForteBank JSC's Debt-to-Equity has ranged from 0.29 to 1.86. According to the industry distribution chart, ForteBank JSC ranks #1001 out of 1411 companies in the Banks industry, placing it in the top 70.9%.
Is ForteBank JSC's Debt-to-Equity too high?
ForteBank JSC's current Debt-to-Equity of 1.14 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.86. The Banks industry median Debt-to-Equity is 0.58. ForteBank JSC's value of 1.14 is 96.6% above this industry median. Based on the distribution chart, ForteBank JSC ranks #1001 out of 1411 companies in the Banks industry, which is below the industry midpoint. Overall, ForteBank JSC has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ForteBank JSC's Debt-to-Equity compare to USB and PNC?
According to the Banks industry distribution chart, ForteBank JSC ranks #1001 out of 1411 companies for Debt-to-Equity. This places ForteBank JSC in the lower half of its industry. The industry median Debt-to-Equity is 0.58. ForteBank JSC's value of 1.14 is 96.6% above this benchmark. Historically, ForteBank JSC's own Debt-to-Equity has ranged from 0.29 to 1.86 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 0.58, ForteBank 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 a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,411 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. ForteBank JSC's current Debt-to-Equity of 1.14 is 96.6% 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 ForteBank JSC and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ForteBank JSC's current Debt-to-Equity is 1.14, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ForteBank JSC stock overvalued right now?
Based on GuruFocus' analysis, ForteBank JSC (XKAZ:ASBN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₸9.63, compared to a current price of ₸11.23 — trading 16.6% above its estimated fair value. The current Debt-to-Equity is 1.14, which is near median its 10-year median of 1.24 and 96.6% above the Banks industry median of 0.58. ForteBank JSC's overall GF Score™ is 52/100 with 3 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 ForteBank JSC (XKAZ:ASBN), the current Debt-to-Equity is 1.14 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 ForteBank JSC (XKAZ:ASBN) Overvalued in 2026?
Based on GuruFocus' analysis, ForteBank JSC stock appears to be overvalued.
The current stock price of ₸11.23 is trading 16.6% above its estimated GF Value™ of ₸9.63.
GuruFocus considers ForteBank JSC to be Modestly Overvalued.
Key valuation signals for XKAZ:ASBN:
Debt-to-Equity: 1.14 (near median its 10-year median of 1.24)
GF Value™: ₸9.63 vs. price of ₸11.23 (16.6% above fair value)
Industry Position: 96.6% above the Banks median (#1001 of 1411)
No single metric tells the full story. See the XKAZ:ASBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ForteBank JSC is a provider of banking services. The company's services include credit, deposits, currency exchanges, debits, accounts, among others. Its line of business includes retail banking and corporate banking.
52GF Score
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