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ASTEEL Group BhdXKLS:7020 Debt-to-Equity is 2.02 as of Mar. 2026, which is 24% above its 10-year median of 1.63. The stock has 7 warning signs investors should review. Among 548 Steel companies, ASTEEL Group Bhd ranks worse than 93.07% 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 ASTEEL Group Bhd's Debt-to-Equity or its related term are showing as below:
XKLS:7020'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79 Med: 1.63 Max: 2.84
Current: 2.02
During the past 13 years, the highest Debt-to-Equity Ratio of ASTEEL Group Bhd was 2.84. The lowest was 0.79. And the median was 1.63.
XKLS:7020's Debt-to-Equity is ranked worse than 93.07% of 548
companies
in the Steel industry
Industry Median: 0.405
vs XKLS:7020: 2.02
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.
ASTEEL Group Bhd Debt-to-Equity Related Terms
ASTEEL Group Bhd Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ASTEEL Group 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:7020 vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, ASTEEL Group 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.
ASTEEL Group Bhd Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, ASTEEL Group Bhd's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ASTEEL Group 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.
ASTEEL Group Bhd (XKLS:7020) has a Debt-to-Equity of 2.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ASTEEL Group Bhd and its competitors. This is 24% above median its historical median of 1.63. Over the past decade, ASTEEL Group Bhd's Debt-to-Equity has ranged from 0.79 to 2.84. According to the industry distribution chart, ASTEEL Group Bhd ranks #510 out of 548 companies in the Steel industry, placing it in the top 93.1%.
Is ASTEEL Group Bhd's Debt-to-Equity too high?
ASTEEL Group Bhd's current Debt-to-Equity of 2.02 is 24% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.84. The Steel industry median Debt-to-Equity is 0.41. ASTEEL Group Bhd's value of 2.02 is 398.8% above this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #510 out of 548 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does ASTEEL Group Bhd's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #510 out of 548 companies for Debt-to-Equity. This places ASTEEL Group Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.41. ASTEEL Group Bhd's value of 2.02 is 398.8% above this benchmark. Historically, ASTEEL Group Bhd's own Debt-to-Equity has ranged from 0.79 to 2.84 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 0.41, ASTEEL Group 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. ASTEEL Group Bhd's current Debt-to-Equity of 2.02 is 398.8% 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 ASTEEL Group 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. ASTEEL Group Bhd's current Debt-to-Equity is 2.02, which is 24% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.09, compared to a current price of RM0.08 — trading 16.7% below its estimated fair value. The current Debt-to-Equity is 2.02, which is 24% above median its 10-year median of 1.63 and 398.8% above the Steel industry median of 0.41. 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 ASTEEL Group Bhd (XKLS:7020), the current Debt-to-Equity is 2.02 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.
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.
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