UPA Bhd (XKLS:7757) Debt-to-Equity: 0.03 (As of Mar. 2026) — 40% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:7757 UPA Corp Bhd XKLS:7757
51 GF Score
Price RM0.66
GF Value RM0.66
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is UPA Bhd Debt-to-Equity?

UPA Bhd XKLS:7757 51 Debt-to-Equity is 0.03 as of Mar. 2026, which is 40% below its 10-year median of 0.05. GuruFocus rates XKLS:7757 with a GF Score™ of 51/100 and a GF Value™ of RM0.66 (Fairly Valued). The stock has 6 warning signs investors should review. Among 506 Conglomerates companies, UPA Bhd ranks better than 95.06% on this metric.

UPA Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM5.7 Mil. UPA Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM0.8 Mil. UPA Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM263.1 Mil. UPA Bhd's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

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 UPA Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7757' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.1
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of UPA Bhd was 0.10. The lowest was 0.01. And the median was 0.05.

XKLS:7757's Debt-to-Equity is ranked better than
95.06% of 506 companies
in the Conglomerates industry
Industry Median: 0.535 vs XKLS:7757: 0.03

UPA Bhd  (XKLS:7757) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


UPA Bhd Debt-to-Equity Related Terms


UPA Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for UPA 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.

UPA Bhd Debt-to-Equity Chart

UPA Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.05 0.03 0.04

UPA Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.07 0.07 0.04 0.03

XKLS:7757 vs MMM, HON: Debt-to-Equity Comparison

For the Conglomerates subindustry, UPA 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.


UPA Bhd Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, UPA Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where UPA Bhd's Debt-to-Equity falls into.


XKLS:7757
51GF Score
UPA Corp Bhd XKLS:7757
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UPA Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

UPA Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

UPA Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.03 mean?
UPA Bhd (XKLS:7757) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on UPA Bhd and its competitors. This is 40% below median its historical median of 0.05. Over the past decade, UPA Bhd's Debt-to-Equity has ranged from 0.01 to 0.10. According to the industry distribution chart, UPA Bhd ranks #25 out of 506 companies in the Conglomerates industry, placing it in the top 4.9%.
Is UPA Bhd's Debt-to-Equity too high?
UPA Bhd's current Debt-to-Equity of 0.03 is 40% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.10. The Conglomerates industry median Debt-to-Equity is 0.54. UPA Bhd's value of 0.03 is 94.4% below this industry median. Based on the distribution chart, UPA Bhd ranks #25 out of 506 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, UPA Bhd has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UPA Bhd's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, UPA Bhd ranks #25 out of 506 companies for Debt-to-Equity. This places UPA Bhd in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.54. UPA Bhd's value of 0.03 is 94.4% below this benchmark. Historically, UPA Bhd's own Debt-to-Equity has ranged from 0.01 to 0.10 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.54, UPA Bhd has consistently been below 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 506 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. UPA Bhd's current Debt-to-Equity of 0.03 is 94.4% below 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 UPA Bhd and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UPA Bhd's current Debt-to-Equity is 0.03, which is 40% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UPA Bhd stock overvalued right now?
Based on GuruFocus' analysis, UPA Bhd (XKLS:7757) is currently considered Fairly Valued. The stock's GF Value™ is RM0.66, compared to a current price of RM0.66 — trading right at its estimated fair value. The current Debt-to-Equity is 0.03, which is 40% below median its 10-year median of 0.05 and 94.4% below the Conglomerates industry median of 0.54. UPA Bhd's overall GF Score™ is 51/100 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 UPA Bhd (XKLS:7757), the current Debt-to-Equity is 0.03 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 UPA Bhd (XKLS:7757) Overvalued in 2026?

Based on GuruFocus' analysis, UPA Bhd stock appears to be undervalued. The current stock price of RM0.66 is trading 0% below its estimated GF Value™ of RM0.66. GuruFocus considers UPA Bhd to be Fairly Valued.

Key valuation signals for XKLS:7757:

  • Debt-to-Equity: 0.03 (40% below median its 10-year median of 0.05)
  • GF Value™: RM0.66 vs. price of RM0.66 (0% below fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 94.4% below the Conglomerates median (#25 of 506)

No single metric tells the full story. See the XKLS:7757 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UPA Bhd Business Description

Address Jalan Kuchai Lama, Lot 8228, 6.5 Miles, Kuala Lumpur, MYS, 58200
UPA Corp Bhd operates through four segments: manufacturing of paper-based products, manufacturing of plastic products, machine trading, and healthcare products. The paper-based products business manufactures notebooks, diaries, calendars, fine stationeries, planners, notepads, and journals using paper bonded leather, PVC, and PU for covers. The plastic products business manufactures rigid PVC, APET, PETG, and GAG sheets, as well as PVC and PETG shrinkable label films. The machine trading business sells new Komori printing machines from Japan as the sole distributor in Malaysia, refurbishes and sells used printing machines, and provides after-sales services. The healthcare products business manufactures and markets healthcare products, including face masks and non-woven melt blown fabric.
51GF Score

Get the complete analysis for XKLS:7757

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.66
Price
RM0.66
GF Value