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WCE Holdings BhdXKLS:3565 38 Debt-to-Equity is 5.90 as of Mar. 2026, which is 57% above its 10-year median of 3.75. GuruFocus rates XKLS:3565 with a GF Score™ of 38/100 and a GF Value™ of RM1.06 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,614 Construction companies, WCE Holdings Bhd ranks worse than 98.2% 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 WCE Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:3565'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.47 Med: 3.75 Max: 5.9
Current: 5.9
During the past 13 years, the highest Debt-to-Equity Ratio of WCE Holdings Bhd was 5.90. The lowest was 2.47. And the median was 3.75.
XKLS:3565's Debt-to-Equity is ranked worse than 98.2% of 1614
companies
in the Construction industry
Industry Median: 0.4
vs XKLS:3565: 5.90
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.
WCE Holdings Bhd Debt-to-Equity Related Terms
WCE Holdings Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for WCE 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:3565 vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, WCE 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.
WCE Holdings Bhd Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, WCE Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where WCE 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.
WCE Holdings Bhd (XKLS:3565) has a Debt-to-Equity of 5.90 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on WCE Holdings Bhd and its competitors. This is 57% above median its historical median of 3.75. Over the past decade, WCE Holdings Bhd's Debt-to-Equity has ranged from 2.47 to 5.90. According to the industry distribution chart, WCE Holdings Bhd ranks #1585 out of 1614 companies in the Construction industry, placing it in the top 98.2%.
Is WCE Holdings Bhd's Debt-to-Equity too high?
WCE Holdings Bhd's current Debt-to-Equity of 5.90 is 57% above median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 5.90. The Construction industry median Debt-to-Equity is 0.40. WCE Holdings Bhd's value of 5.90 is 1375% above this industry median. Based on the distribution chart, WCE Holdings Bhd ranks #1585 out of 1614 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, WCE Holdings Bhd has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WCE Holdings Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, WCE Holdings Bhd ranks #1585 out of 1614 companies for Debt-to-Equity. This places WCE Holdings Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.40. WCE Holdings Bhd's value of 5.90 is 1375% above this benchmark. Historically, WCE Holdings Bhd's own Debt-to-Equity has ranged from 2.47 to 5.90 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 0.40, WCE 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 1,614 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. WCE Holdings Bhd's current Debt-to-Equity of 5.90 is 1375% 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 WCE 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. WCE Holdings Bhd's current Debt-to-Equity is 5.90, which is 57% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WCE Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, WCE Holdings Bhd (XKLS:3565) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.06, compared to a current price of RM0.66 — trading 38.2% below its estimated fair value. The current Debt-to-Equity is 5.90, which is 57% above median its 10-year median of 3.75 and 1375% above the Construction industry median of 0.40. WCE Holdings Bhd's overall GF Score™ is 38/100 with 6 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 WCE Holdings Bhd (XKLS:3565), the current Debt-to-Equity is 5.90 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 WCE Holdings Bhd (XKLS:3565) Overvalued in 2026?
Based on GuruFocus' analysis, WCE Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.66 is trading 38.2% below its estimated GF Value™ of RM1.06.
GuruFocus considers WCE Holdings Bhd to be Possible Value Trap.
Key valuation signals for XKLS:3565:
Debt-to-Equity: 5.90 (57% above median its 10-year median of 3.75)
GF Value™: RM1.06 vs. price of RM0.66 (38.2% below fair value)
Industry Position: 1375% above the Construction median (#1585 of 1614)
No single metric tells the full story. See the XKLS:3565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WCE Holdings Bhd is an investment holding company. The company's segments include Toll concession, Construction, and Others. The majority of the company's revenue is generated from the Toll concession segment which is engaged in the business of construction, management, and tolling of highway operation. The construction segment is involved in the business of construction contracting and project management services, and the other segment is engaged in the business of leasing and investment holding. All of its activities are carried out in Malaysia.
38GF Score
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