Catenon (XMAD:COM) Debt-to-Equity: 0.19 (As of Dec. 2025) — 72% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

XMAD:COM Catenon SA XMAD:COM
74 GF Score
Price €1.10
GF Value €1.20
Valuation Fairly Valued
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What is Catenon Debt-to-Equity?

Catenon XMAD:COM 74 Debt-to-Equity is 0.19 as of Dec. 2025, which is 72% below its 10-year median of 0.68. GuruFocus rates XMAD:COM with a GF Score™ of 74/100 and a GF Value™ of €1.20 (Fairly Valued). Among 954 Business Services companies, Catenon ranks better than 62.58% on this metric.

Catenon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €0.19 Mil. Catenon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €0.61 Mil. Catenon's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €4.21 Mil. Catenon's debt to equity for the quarter that ended in Dec. 2025 was 0.19.

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

XMAD:COM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.68   Max: 2.68
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Catenon was 2.68. The lowest was 0.19. And the median was 0.68.

XMAD:COM's Debt-to-Equity is ranked better than
62.58% of 954 companies
in the Business Services industry
Industry Median: 0.33 vs XMAD:COM: 0.19

Catenon  (XMAD:COM) 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.


Catenon Debt-to-Equity Related Terms


Catenon Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Catenon'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.

Catenon Debt-to-Equity Chart

Catenon 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 0.73 0.59 0.62 0.37 0.19

Catenon Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.62 0.54 0.37 0.48 0.19

XMAD:COM vs KFY, RHI, TNET: Debt-to-Equity Comparison

For the Staffing & Employment Services subindustry, Catenon'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.


Catenon Debt-to-Equity vs Business Services Industry

For the Business Services industry and Industrials sector, Catenon's Debt-to-Equity distribution charts can be found below:

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


XMAD:COM
74GF Score
Catenon SA XMAD:COM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Catenon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Catenon's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.19 mean?
Catenon (XMAD:COM) has a Debt-to-Equity of 0.19 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Catenon and its competitors. This is 72% below median its historical median of 0.68. Over the past decade, Catenon's Debt-to-Equity has ranged from 0.19 to 2.68. According to the industry distribution chart, Catenon ranks #357 out of 954 companies in the Business Services industry, placing it in the top 37.4%.
Is Catenon's Debt-to-Equity too high?
Catenon's current Debt-to-Equity of 0.19 is 72% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.68. The Business Services industry median Debt-to-Equity is 0.33. Catenon's value of 0.19 is 42.4% below this industry median. Based on the distribution chart, Catenon ranks #357 out of 954 companies in the Business Services industry, which is above the industry midpoint. Overall, Catenon has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Catenon's Debt-to-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, Catenon ranks #357 out of 954 companies for Debt-to-Equity. This puts Catenon in the upper half of its industry. The industry median Debt-to-Equity is 0.33. Catenon's value of 0.19 is 42.4% below this benchmark. Historically, Catenon's own Debt-to-Equity has ranged from 0.19 to 2.68 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.33, Catenon 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 954 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. Catenon's current Debt-to-Equity of 0.19 is 42.4% 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 Catenon and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Catenon's current Debt-to-Equity is 0.19, which is 72% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Catenon stock overvalued right now?
Based on GuruFocus' analysis, Catenon (XMAD:COM) is currently considered Fairly Valued. The stock's GF Value™ is €1.20, compared to a current price of €1.10 — trading 8.3% below its estimated fair value. The current Debt-to-Equity is 0.19, which is 72% below median its 10-year median of 0.68 and 42.4% below the Business Services industry median of 0.33. Catenon's overall GF Score™ is 74/100. 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 Catenon (XMAD:COM), the current Debt-to-Equity is 0.19 as of Dec. 2025. 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 Catenon (XMAD:COM) Overvalued in 2026?

Based on GuruFocus' analysis, Catenon stock appears to be undervalued. The current stock price of €1.10 is trading 8.3% below its estimated GF Value™ of €1.20. GuruFocus considers Catenon to be Fairly Valued.

Key valuation signals for XMAD:COM:

  • Debt-to-Equity: 0.19 (72% below median its 10-year median of 0.68)
  • GF Value™: €1.20 vs. price of €1.10 (8.3% below fair value)
  • GF Score™: 74/100
  • Industry Position: 42.4% below the Business Services median (#357 of 954)

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


Catenon Business Description

Other Exchanges 8Y9:Germany
Address PASEO De la Castellana 259C, Floor 20, South Office, Madrid, ESP, 28046
Catenon SA is an executive search firm, which has a team of professionals from multiple countries, all of whom participate in domestic and international search processes in different countries and cultural settings. The company has operations in Europe, Asia, America, Oceania and Africa. Its technology platform introduces the candidates from around the world to its clients eliminating the geographical distance between candidates and stakeholders.
74GF Score

Get the complete analysis for XMAD:COM

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

€1.10
Price
€1.20
GF Value