Ekovest Bhd (XKLS:8877) Debt-to-Equity: 3.02 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XKLS:8877 Ekovest Bhd XKLS:8877
29 GF Score
Price RM0.19
GF Value RM0.30
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ekovest Bhd Debt-to-Equity?

Ekovest Bhd XKLS:8877 -2.56% 29 Debt-to-Equity is 3.02 as of Mar. 2026, which is 9% above its 10-year median of 2.76. GuruFocus rates XKLS:8877 with a GF Score™ of 29/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,616 Construction companies, Ekovest Bhd ranks worse than 95.67% on this metric.

Ekovest Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM867.0 Mil. Ekovest Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM5,300.9 Mil. Ekovest Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2026 was RM2,043.9 Mil. Ekovest Bhd's debt to equity for the quarter that ended in Mar. 2026 was 3.02.

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

XKLS:8877' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.67   Med: 2.76   Max: 4.85
Current: 3.02

During the past 13 years, the highest Debt-to-Equity Ratio of Ekovest Bhd was 4.85. The lowest was 1.67. And the median was 2.76.

XKLS:8877's Debt-to-Equity is ranked worse than
95.67% of 1616 companies
in the Construction industry
Industry Median: 0.4 vs XKLS:8877: 3.02

Ekovest Bhd  (XKLS:8877) 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.


Ekovest Bhd Debt-to-Equity Related Terms


Ekovest Bhd Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ekovest 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.

Ekovest Bhd Debt-to-Equity Chart

Ekovest Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 2.72 2.82 2.76 2.90

Ekovest 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 2.81 2.90 2.90 2.85 3.02

XKLS:8877 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Ekovest 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.


Ekovest Bhd Debt-to-Equity vs Construction Industry

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

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


XKLS:8877
29GF Score
Ekovest Bhd XKLS:8877
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ekovest Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ekovest 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 3.02 mean?
Ekovest Bhd (XKLS:8877) has a Debt-to-Equity of 3.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ekovest Bhd and its competitors. This is near median its historical median of 2.76. Over the past decade, Ekovest Bhd's Debt-to-Equity has ranged from 1.67 to 4.85. According to the industry distribution chart, Ekovest Bhd ranks #1546 out of 1616 companies in the Construction industry, placing it in the top 95.7%.
Is Ekovest Bhd's Debt-to-Equity too high?
Ekovest Bhd's current Debt-to-Equity of 3.02 is near median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 4.85. The Construction industry median Debt-to-Equity is 0.40. Ekovest Bhd's value of 3.02 is 655% above this industry median. Based on the distribution chart, Ekovest Bhd ranks #1546 out of 1616 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Ekovest Bhd has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ekovest Bhd's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ekovest Bhd ranks #1546 out of 1616 companies for Debt-to-Equity. This places Ekovest Bhd in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Ekovest Bhd's value of 3.02 is 655% above this benchmark. Historically, Ekovest Bhd's own Debt-to-Equity has ranged from 1.67 to 4.85 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 0.40, Ekovest 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. Ekovest Bhd's current Debt-to-Equity of 3.02 is 655% 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 Ekovest 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. Ekovest Bhd's current Debt-to-Equity is 3.02, which is near median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekovest Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ekovest Bhd (XKLS:8877) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.19 — trading 36.7% below its estimated fair value. The current Debt-to-Equity is 3.02, which is near median its 10-year median of 2.76 and 655% above the Construction industry median of 0.40. Ekovest Bhd's overall GF Score™ is 29/100 with 5 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 Ekovest Bhd (XKLS:8877), the current Debt-to-Equity is 3.02 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.

Is Ekovest Bhd (XKLS:8877) Overvalued in 2026?

Based on GuruFocus' analysis, Ekovest Bhd stock appears to be undervalued. The current stock price of RM0.19 is trading 36.7% below its estimated GF Value™ of RM0.30. GuruFocus considers Ekovest Bhd to be Possible Value Trap.

Key valuation signals for XKLS:8877:

  • Debt-to-Equity: 3.02 (near median its 10-year median of 2.76)
  • GF Value™: RM0.30 vs. price of RM0.19 (36.7% below fair value)
  • GF Score™: 29/100 with 5 warning signs
  • Industry Position: 655% above the Construction median (#1546 of 1616)

No single metric tells the full story. See the XKLS:8877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ekovest Bhd Business Description

Address No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000
Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units that provide different products and services, including Construction operations, Property development, Toll Operations, Plantation, Food and beverages, Property investment, and Others. The group's operations are carried out in Malaysia, with the majority of revenue generated from Construction operations.
29GF Score

Get the complete analysis for XKLS:8877

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

RM0.19
Price
RM0.30
GF Value