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voestalpine AGXTER:VAS +0.04%66 Debt-to-Equity is 0.32 as of Mar. 2026, which is 38% below its 10-year median of 0.52. GuruFocus rates XTER:VAS with a GF Score™ of 66/100 and a GF Value™ of €23.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 548 Steel companies, voestalpine AG ranks better than 59.85% 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 voestalpine AG's Debt-to-Equity or its related term are showing as below:
XTER:VAS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.52 Max: 0.83
Current: 0.32
During the past 13 years, the highest Debt-to-Equity Ratio of voestalpine AG was 0.83. The lowest was 0.32. And the median was 0.52.
XTER:VAS's Debt-to-Equity is ranked better than 59.85% of 548
companies
in the Steel industry
Industry Median: 0.4
vs XTER:VAS: 0.32
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.
voestalpine AG Debt-to-Equity Related Terms
voestalpine AG Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for voestalpine 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.
XTER:VAS vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, voestalpine 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.
voestalpine AG Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, voestalpine AG's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where voestalpine 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.
voestalpine AG (XTER:VAS) has a Debt-to-Equity of 0.32 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on voestalpine AG and its competitors. This is 38% below median its historical median of 0.52. Over the past decade, voestalpine AG's Debt-to-Equity has ranged from 0.32 to 0.83. According to the industry distribution chart, voestalpine AG ranks #220 out of 548 companies in the Steel industry, placing it in the top 40.1%.
Is voestalpine AG's Debt-to-Equity too high?
voestalpine AG's current Debt-to-Equity of 0.32 is 38% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.83. The Steel industry median Debt-to-Equity is 0.40. voestalpine AG's value of 0.32 is 20% below this industry median. Based on the distribution chart, voestalpine AG ranks #220 out of 548 companies in the Steel industry, which is above the industry midpoint. Overall, voestalpine AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does voestalpine AG's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, voestalpine AG ranks #220 out of 548 companies for Debt-to-Equity. This puts voestalpine AG in the upper half of its industry. The industry median Debt-to-Equity is 0.40. voestalpine AG's value of 0.32 is 20% below this benchmark. Historically, voestalpine AG's own Debt-to-Equity has ranged from 0.32 to 0.83 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.40, voestalpine 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 a Steel company?
The median Debt-to-Equity among Steel companies is 0.40, 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. voestalpine AG's current Debt-to-Equity of 0.32 is 20% 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 voestalpine AG and its competitors. For the Steel 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. voestalpine AG's current Debt-to-Equity is 0.32, which is 38% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voestalpine AG stock overvalued right now?
Based on GuruFocus' analysis, voestalpine AG (XTER:VAS) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.20, compared to a current price of €44.62 — trading 92.3% above its estimated fair value. The current Debt-to-Equity is 0.32, which is 38% below median its 10-year median of 0.52 and 20% below the Steel industry median of 0.40. voestalpine AG's overall GF Score™ is 66/100 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 voestalpine AG (XTER:VAS), the current Debt-to-Equity is 0.32 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 voestalpine AG (XTER:VAS) Overvalued in 2026?
Based on GuruFocus' analysis, voestalpine AG stock appears to be overvalued.
The current stock price of €44.62 is trading 92.3% above its estimated GF Value™ of €23.20.
GuruFocus considers voestalpine AG to be Significantly Overvalued.
Key valuation signals for XTER:VAS:
Debt-to-Equity: 0.32 (38% below median its 10-year median of 0.52)
GF Value™: €23.20 vs. price of €44.62 (92.3% above fair value)
Industry Position: 20% below the Steel median (#220 of 548)
No single metric tells the full story. See the XTER:VAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
voestalpine AG is engaged in the manufacturing, processing, and development of steel products. Its divisions are: Steel Division, which generates maximum revenue and is involved in the production of steel products and the casting of large turbines. High-Performance Metals Division provides metals for the automotive, consumer goods, power generation, energy, and aviation sectors. The Metal Engineering Division produces rails, turnout systems, track-based monitoring systems, specially treated wire, and others. Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors, and Holding & Group Services. It generates its maximum revenue from the European Union.
66GF Score
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