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TCS Group Holdings BhdXKLS:0221 Debt-to-Equity is 0.56 as of Mar. 2026, which is 27% above its 10-year median of 0.44. The stock has 7 warning signs investors should review. Among 1,616 Construction companies, TCS Group Holdings Bhd ranks worse than 59.84% 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 TCS Group Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:0221'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.44 Max: 1.13
Current: 0.56
During the past 10 years, the highest Debt-to-Equity Ratio of TCS Group Holdings Bhd was 1.13. The lowest was 0.10. And the median was 0.44.
XKLS:0221's Debt-to-Equity is ranked worse than 59.84% of 1616
companies
in the Construction industry
Industry Median: 0.4
vs XKLS:0221: 0.56
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.
TCS Group Holdings Bhd Debt-to-Equity Related Terms
TCS Group Holdings Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for TCS Group Holdings 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:0221 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, TCS Group Holdings 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.
TCS Group Holdings Bhd Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, TCS Group Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TCS Group Holdings 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.
TCS Group Holdings Bhd (XKLS:0221) has a Debt-to-Equity of 0.56 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TCS Group Holdings Bhd and its competitors. This is 27% above median its historical median of 0.44. Over the past decade, TCS Group Holdings Bhd's Debt-to-Equity has ranged from 0.10 to 1.13. According to the industry distribution chart, TCS Group Holdings Bhd ranks #967 out of 1616 companies in the Construction industry, placing it in the top 59.8%.
Is TCS Group Holdings Bhd's Debt-to-Equity too high?
TCS Group Holdings Bhd's current Debt-to-Equity of 0.56 is 27% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.13. The Construction industry median Debt-to-Equity is 0.40. TCS Group Holdings Bhd's value of 0.56 is 40% above this industry median. Based on the distribution chart, TCS Group Holdings Bhd ranks #967 out of 1616 companies in the Construction industry, which is below the industry midpoint.
How does TCS Group Holdings Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, TCS Group Holdings Bhd ranks #967 out of 1616 companies for Debt-to-Equity. This places TCS Group Holdings Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.40. TCS Group Holdings Bhd's value of 0.56 is 40% above this benchmark. Historically, TCS Group Holdings Bhd's own Debt-to-Equity has ranged from 0.10 to 1.13 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.40, TCS Group Holdings 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,616 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. TCS Group Holdings Bhd's current Debt-to-Equity of 0.56 is 40% 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 TCS Group Holdings Bhd and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCS Group Holdings Bhd's current Debt-to-Equity is 0.56, which is 27% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCS Group Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, TCS Group Holdings Bhd (XKLS:0221) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.12, compared to a current price of RM0.08 — trading 33.3% below its estimated fair value. The current Debt-to-Equity is 0.56, which is 27% above median its 10-year median of 0.44 and 40% above the Construction industry median of 0.40. 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 TCS Group Holdings Bhd (XKLS:0221), the current Debt-to-Equity is 0.56 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.
TCS Group Holdings Bhd is a building and infrastructure construction services provider for residential, commercial, and civil works in Malaysia. The Group has completed various types of residential buildings such as terrace houses, bungalows, high-rise apartments and condominium, as well as commercial buildings such as shop offices, shopping complexes, factory buildings and purpose-built buildings. Its services also include civil works such as roads, water and sewerage treatment plants, electrical substations, water tanks, and reticulation systems for townships. Its projects include BRDB Sales Gallery in Subang Jaya, Selangor, the IOI Moxy Hotel in IOI Resort City, Putrajaya, M Arisa in Sentul, Kuala Lumpur, and others. The Group's operations are predominantly carried out in Malaysia.
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