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Ec Excel Holdings BhdXKLS:5192 43 Debt-to-Equity is 0.60 as of Mar. 2026, which is 18% above its 10-year median of 0.51. GuruFocus rates XKLS:5192 with a GF Score™ of 43/100 and a GF Value™ of RM0.68 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 548 Steel companies, Ec Excel Holdings Bhd ranks worse than 62.23% 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 Ec Excel Holdings Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:5192'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.51 Max: 1.33
Current: 0.6
During the past 13 years, the highest Debt-to-Equity Ratio of Ec Excel Holdings Bhd was 1.33. The lowest was 0.32. And the median was 0.51.
XKLS:5192's Debt-to-Equity is ranked worse than 62.23% of 548
companies
in the Steel industry
Industry Median: 0.405
vs XKLS:5192: 0.60
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.
Ec Excel Holdings Bhd Debt-to-Equity Related Terms
Ec Excel Holdings Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ec Excel 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:5192 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Ec Excel 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.
Ec Excel Holdings Bhd Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Ec Excel Holdings Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ec Excel 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.
Ec Excel Holdings Bhd (XKLS:5192) has a Debt-to-Equity of 0.60 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ec Excel Holdings Bhd and its competitors. This is 18% above median its historical median of 0.51. Over the past decade, Ec Excel Holdings Bhd's Debt-to-Equity has ranged from 0.32 to 1.33. According to the industry distribution chart, Ec Excel Holdings Bhd ranks #341 out of 548 companies in the Steel industry, placing it in the top 62.2%.
Is Ec Excel Holdings Bhd's Debt-to-Equity too high?
Ec Excel Holdings Bhd's current Debt-to-Equity of 0.60 is 18% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.33. The Steel industry median Debt-to-Equity is 0.41. Ec Excel Holdings Bhd's value of 0.60 is 48.1% above this industry median. Based on the distribution chart, Ec Excel Holdings Bhd ranks #341 out of 548 companies in the Steel industry, which is below the industry midpoint. Overall, Ec Excel Holdings Bhd has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ec Excel Holdings Bhd's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Ec Excel Holdings Bhd ranks #341 out of 548 companies for Debt-to-Equity. This places Ec Excel Holdings Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Ec Excel Holdings Bhd's value of 0.60 is 48.1% above this benchmark. Historically, Ec Excel Holdings Bhd's own Debt-to-Equity has ranged from 0.32 to 1.33 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.41, Ec Excel 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 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. Ec Excel Holdings Bhd's current Debt-to-Equity of 0.60 is 48.1% 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 Ec Excel Holdings Bhd and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ec Excel Holdings Bhd's current Debt-to-Equity is 0.60, which is 18% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ec Excel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd (XKLS:5192) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.68, compared to a current price of RM0.83 — trading 22.1% above its estimated fair value. The current Debt-to-Equity is 0.60, which is 18% above median its 10-year median of 0.51 and 48.1% above the Steel industry median of 0.41. Ec Excel Holdings Bhd's overall GF Score™ is 43/100 with 7 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 Ec Excel Holdings Bhd (XKLS:5192), the current Debt-to-Equity is 0.60 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 Ec Excel Holdings Bhd (XKLS:5192) Overvalued in 2026?
Based on GuruFocus' analysis, Ec Excel Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.83 is trading 22.1% above its estimated GF Value™ of RM0.68.
GuruFocus considers Ec Excel Holdings Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:5192:
Debt-to-Equity: 0.60 (18% above median its 10-year median of 0.51)
GF Value™: RM0.68 vs. price of RM0.83 (22.1% above fair value)
Industry Position: 48.1% above the Steel median (#341 of 548)
No single metric tells the full story. See the XKLS:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ec Excel Holdings Bhd, formerly known as K. Seng Seng Corp Bhd, is an investment holding company. The company operates through the segments of Stainless steel and metal-related products, Marine hardware and consumables, Engineering and Project works, Other industrial hardware, and Investment holding. The key revenue is derived from the Stainless Steel and metal-related products segment, which involves the manufacture and sales of stainless steel tubes and pipes, and the processing of stainless steel sheet products. The group has a business presence in Malaysia; Republic of Singapore; Republic of Singapore; Australia; Republic of Indonesia; and Brunei, of which it generates maximum revenue from Malaysia.
43GF Score
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