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BKW AGXSWX:BKW -0.59%68 Debt-to-Equity is 0.39 as of Dec. 2025, which is 20% below its 10-year median of 0.49. GuruFocus rates XSWX:BKW with a GF Score™ of 68/100 and a GF Value™ of CHF147.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, BKW AG ranks better than 70.63% 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 BKW AG's Debt-to-Equity or its related term are showing as below:
XSWX:BKW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.49 Max: 0.57
Current: 0.39
During the past 13 years, the highest Debt-to-Equity Ratio of BKW AG was 0.57. The lowest was 0.10. And the median was 0.49.
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.
BKW AG Debt-to-Equity Related Terms
BKW AG Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for BKW AG'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.
For the Utilities - Renewable subindustry, BKW AG'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.
BKW AG Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, BKW AG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where BKW AG'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.
BKW AG (XSWX:BKW) has a Debt-to-Equity of 0.39 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BKW AG and its competitors. This is 20% below median its historical median of 0.49. Over the past decade, BKW AG's Debt-to-Equity has ranged from 0.10 to 0.57. According to the industry distribution chart, BKW AG ranks #116 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 29.4%.
Is BKW AG's Debt-to-Equity too high?
BKW AG's current Debt-to-Equity of 0.39 is 20% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.57. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. BKW AG's value of 0.39 is 54.1% below this industry median. Based on the distribution chart, BKW AG ranks #116 out of 395 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, BKW AG has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BKW AG's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, BKW AG ranks #116 out of 395 companies for Debt-to-Equity. This puts BKW AG in the upper half of its industry. The industry median Debt-to-Equity is 0.85. BKW AG's value of 0.39 is 54.1% below this benchmark. Historically, BKW AG's own Debt-to-Equity has ranged from 0.10 to 0.57 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.85, BKW AG 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 an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 395 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. BKW AG's current Debt-to-Equity of 0.39 is 54.1% 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 BKW AG and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BKW AG's current Debt-to-Equity is 0.39, which is 20% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BKW AG stock overvalued right now?
Based on GuruFocus' analysis, BKW AG (XSWX:BKW) is currently considered Fairly Valued. The stock's GF Value™ is CHF147.06, compared to a current price of CHF134.90 — trading 8.3% below its estimated fair value. The current Debt-to-Equity is 0.39, which is 20% below median its 10-year median of 0.49 and 54.1% below the Utilities - Independent Power Producers industry median of 0.85. BKW AG's overall GF Score™ is 68/100 with 3 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 BKW AG (XSWX:BKW), the current Debt-to-Equity is 0.39 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 BKW AG (XSWX:BKW) Overvalued in 2026?
Based on GuruFocus' analysis, BKW AG stock appears to be undervalued.
The current stock price of CHF134.90 is trading 8.3% below its estimated GF Value™ of CHF147.06.
GuruFocus considers BKW AG to be Fairly Valued.
Key valuation signals for XSWX:BKW:
Debt-to-Equity: 0.39 (20% below median its 10-year median of 0.49)
GF Value™: CHF147.06 vs. price of CHF134.90 (8.3% below fair value)
Industry Position: 54.1% below the Utilities - Independent Power Producers median (#116 of 395)
No single metric tells the full story. See the XSWX:BKW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BKW AG is an international energy and infrastructure company, offering integrated solutions in the fields of energy, buildings, and infrastructure. It operates in three reportable business segments: Energy Solutions, Power Grid, and Infrastructure and Buildings. Maximum revenue is generated from the Energy Solutions segment, which builds, operates, and maintains BKW's portfolio of power plants in Switzerland and abroad. It also includes the sale of energy in Switzerland, trading in electricity, certificates, and raw materials, as well as wind, solar, and smart energy services. Geographically, the group generates maximum revenue from its business in Switzerland, followed by Germany, Italy, France, and other countries.
68GF Score
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