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NCT Alliance BhdXKLS:0056 +3.64%44 Debt-to-Equity is 0.53 as of Mar. 2026, which is 179% above its 10-year median of 0.19. GuruFocus rates XKLS:0056 with a GF Score™ of 44/100 and a GF Value™ of RM0.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,247 Software companies, NCT Alliance Bhd ranks worse than 71.87% 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 NCT Alliance Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0056'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.73
Current: 0.53
During the past 13 years, the highest Debt-to-Equity Ratio of NCT Alliance Bhd was 0.73. The lowest was 0.01. And the median was 0.19.
XKLS:0056's Debt-to-Equity is ranked worse than 71.87% of 2247
companies
in the Software industry
Industry Median: 0.19
vs XKLS:0056: 0.53
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.
NCT Alliance Bhd Debt-to-Equity Related Terms
NCT Alliance Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for NCT Alliance Bhd'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.
XKLS:0056 vs IBM, ACN, FISV: Debt-to-Equity Comparison
For the Information Technology Services subindustry, NCT Alliance Bhd'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.
NCT Alliance Bhd Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, NCT Alliance Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NCT Alliance Bhd'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.
NCT Alliance Bhd (XKLS:0056) has a Debt-to-Equity of 0.53 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NCT Alliance Bhd and its competitors. This is 179% above median its historical median of 0.19. Over the past decade, NCT Alliance Bhd's Debt-to-Equity has ranged from 0.01 to 0.73. According to the industry distribution chart, NCT Alliance Bhd ranks #1615 out of 2247 companies in the Software industry, placing it in the top 71.9%.
Is NCT Alliance Bhd's Debt-to-Equity too high?
NCT Alliance Bhd's current Debt-to-Equity of 0.53 is 179% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.73. The Software industry median Debt-to-Equity is 0.19. NCT Alliance Bhd's value of 0.53 is 178.9% above this industry median. Based on the distribution chart, NCT Alliance Bhd ranks #1615 out of 2247 companies in the Software industry, which is below the industry midpoint. Overall, NCT Alliance Bhd has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCT Alliance Bhd's Debt-to-Equity compare to IBM and ACN?
According to the Software industry distribution chart, NCT Alliance Bhd ranks #1615 out of 2247 companies for Debt-to-Equity. This places NCT Alliance Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.19. NCT Alliance Bhd's value of 0.53 is 178.9% above this benchmark. Historically, NCT Alliance Bhd's own Debt-to-Equity has ranged from 0.01 to 0.73 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.19, NCT Alliance Bhd 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,247 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. NCT Alliance Bhd's current Debt-to-Equity of 0.53 is 178.9% 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 NCT Alliance Bhd and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCT Alliance Bhd's current Debt-to-Equity is 0.53, which is 179% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCT Alliance Bhd stock overvalued right now?
Based on GuruFocus' analysis, NCT Alliance Bhd (XKLS:0056) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.39, compared to a current price of RM0.57 — trading 46.2% above its estimated fair value. The current Debt-to-Equity is 0.53, which is 179% above median its 10-year median of 0.19 and 178.9% above the Software industry median of 0.19. NCT Alliance Bhd's overall GF Score™ is 44/100 with 9 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 NCT Alliance Bhd (XKLS:0056), the current Debt-to-Equity is 0.53 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 NCT Alliance Bhd (XKLS:0056) Overvalued in 2026?
Based on GuruFocus' analysis, NCT Alliance Bhd stock appears to be overvalued.
The current stock price of RM0.57 is trading 46.2% above its estimated GF Value™ of RM0.39.
GuruFocus considers NCT Alliance Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0056:
Debt-to-Equity: 0.53 (179% above median its 10-year median of 0.19)
GF Value™: RM0.39 vs. price of RM0.57 (46.2% above fair value)
Industry Position: 178.9% above the Software median (#1615 of 2247)
No single metric tells the full story. See the XKLS:0056 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of Property development and investment holding. The business activity of the firm is operated through two operating segments namely, Investment holding- Investment holding and project management activities and Property development- Property development activities and sales of completed units. Geographically, the company operates in single segment that is Malaysia.
44GF Score
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