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ZTEZTCOF 82 Debt-to-Equity is 0.90 as of Mar. 2026, which is 7% above its 10-year median of 0.84. GuruFocus rates ZTCOF with a GF Score™ of 82/100 and a GF Value™ of $2.81 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,215 Hardware companies, ZTE ranks worse than 83.07% 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 ZTE's Debt-to-Equity or its related term are showing as below:
ZTCOF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.84 Max: 1.29
Current: 0.9
During the past 13 years, the highest Debt-to-Equity Ratio of ZTE was 1.29. The lowest was 0.49. And the median was 0.84.
ZTCOF's Debt-to-Equity is ranked worse than 83.07% of 2215
companies
in the Hardware industry
Industry Median: 0.27
vs ZTCOF: 0.90
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.
ZTE Debt-to-Equity Related Terms
ZTE Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ZTE'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.
ZTCOF vs CSCO, CIEN, MSI: Debt-to-Equity Comparison
For the Communication Equipment subindustry, ZTE'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.
ZTE Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, ZTE's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ZTE'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.
ZTE (ZTCOF) has a Debt-to-Equity of 0.90 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ZTE and its competitors. This is near median its historical median of 0.84. Over the past decade, ZTE's Debt-to-Equity has ranged from 0.49 to 1.29. According to the industry distribution chart, ZTE ranks #1840 out of 2215 companies in the Hardware industry, placing it in the top 83.1%.
Is ZTE's Debt-to-Equity too high?
ZTE's current Debt-to-Equity of 0.90 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.29. The Hardware industry median Debt-to-Equity is 0.27. ZTE's value of 0.90 is 233.3% above this industry median. Based on the distribution chart, ZTE ranks #1840 out of 2215 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ZTE has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZTE's Debt-to-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ZTE ranks #1840 out of 2215 companies for Debt-to-Equity. This places ZTE in the lower half of its industry. The industry median Debt-to-Equity is 0.27. ZTE's value of 0.90 is 233.3% above this benchmark. Historically, ZTE's own Debt-to-Equity has ranged from 0.49 to 1.29 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.27, ZTE 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,215 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. ZTE's current Debt-to-Equity of 0.90 is 233.3% 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 ZTE and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTE's current Debt-to-Equity is 0.90, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTE stock overvalued right now?
Based on GuruFocus' analysis, ZTE (ZTCOF) is currently considered Fairly Valued. The stock's GF Value™ is $2.81, compared to a current price of $3.00 — trading 6.8% above its estimated fair value. The current Debt-to-Equity is 0.90, which is near median its 10-year median of 0.84 and 233.3% above the Hardware industry median of 0.27. ZTE's overall GF Score™ is 82/100 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 ZTE (ZTCOF), the current Debt-to-Equity is 0.90 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 ZTE (ZTCOF) Overvalued in 2026?
Based on GuruFocus' analysis, ZTE stock appears to be overvalued.
The current stock price of $3.00 is trading 6.8% above its estimated GF Value™ of $2.81.
GuruFocus considers ZTE to be Fairly Valued.
Key valuation signals for ZTCOF:
Debt-to-Equity: 0.90 (near median its 10-year median of 0.84)
GF Value™: $2.81 vs. price of $3.00 (6.8% above fair value)
Industry Position: 233.3% above the Hardware median (#1840 of 2215)
No single metric tells the full story. See the ZTCOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers networks, government and corporate business, and consumer business. It operates in three segments Carriers network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.
82GF Score
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