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CapitaLand Ascendas REITACDSF 78 Debt-to-Equity is 0.73 as of Dec. 2025, which is 18% above its 10-year median of 0.62. GuruFocus rates ACDSF with a GF Score™ of 78/100 and a GF Value™ of $1.83 (Fairly Valued). The stock has 9 warning signs investors should review. Among 689 REITs companies, CapitaLand Ascendas REIT ranks better than 55.59% 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 CapitaLand Ascendas REIT's Debt-to-Equity or its related term are showing as below:
ACDSF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.62 Max: 0.73
Current: 0.73
During the past 13 years, the highest Debt-to-Equity Ratio of CapitaLand Ascendas REIT was 0.73. The lowest was 0.54. And the median was 0.62.
ACDSF's Debt-to-Equity is ranked better than 55.59% of 689
companies
in the REITs industry
Industry Median: 0.78
vs ACDSF: 0.73
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.
CapitaLand Ascendas REIT Debt-to-Equity Related Terms
CapitaLand Ascendas REIT Debt-to-Equity Historical Data
* 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 REIT - Industrial subindustry, CapitaLand Ascendas REIT'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.
CapitaLand Ascendas REIT Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CapitaLand Ascendas REIT'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.
CapitaLand Ascendas REIT (ACDSF) has a Debt-to-Equity of 0.73 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CapitaLand Ascendas REIT and its competitors. This is 18% above median its historical median of 0.62. Over the past decade, CapitaLand Ascendas REIT's Debt-to-Equity has ranged from 0.54 to 0.73. According to the industry distribution chart, CapitaLand Ascendas REIT ranks #306 out of 689 companies in the REITs industry, placing it in the top 44.4%.
Is CapitaLand Ascendas REIT's Debt-to-Equity too high?
CapitaLand Ascendas REIT's current Debt-to-Equity of 0.73 is 18% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.73. The REITs industry median Debt-to-Equity is 0.78. CapitaLand Ascendas REIT's value of 0.73 is 6.4% below this industry median. Based on the distribution chart, CapitaLand Ascendas REIT ranks #306 out of 689 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Ascendas REIT has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's Debt-to-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, CapitaLand Ascendas REIT ranks #306 out of 689 companies for Debt-to-Equity. This puts CapitaLand Ascendas REIT in the upper half of its industry. The industry median Debt-to-Equity is 0.78. CapitaLand Ascendas REIT's value of 0.73 is 6.4% below this benchmark. Historically, CapitaLand Ascendas REIT's own Debt-to-Equity has ranged from 0.54 to 0.73 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.78, CapitaLand Ascendas REIT 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 REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 689 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. CapitaLand Ascendas REIT's current Debt-to-Equity of 0.73 is 6.4% 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 CapitaLand Ascendas REIT and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Ascendas REIT's current Debt-to-Equity is 0.73, which is 18% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (ACDSF) is currently considered Fairly Valued. The stock's GF Value™ is $1.83, compared to a current price of $1.94 — trading 6% above its estimated fair value. The current Debt-to-Equity is 0.73, which is 18% above median its 10-year median of 0.62 and 6.4% below the REITs industry median of 0.78. CapitaLand Ascendas REIT's overall GF Score™ is 78/100 with 9 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 CapitaLand Ascendas REIT (ACDSF), the current Debt-to-Equity is 0.73 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 CapitaLand Ascendas REIT (ACDSF) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be overvalued.
The current stock price of $1.94 is trading 6% above its estimated GF Value™ of $1.83.
GuruFocus considers CapitaLand Ascendas REIT to be Fairly Valued.
Key valuation signals for ACDSF:
Debt-to-Equity: 0.73 (18% above median its 10-year median of 0.62)
GF Value™: $1.83 vs. price of $1.94 (6% above fair value)
Industry Position: 6.4% below the REITs median (#306 of 689)
No single metric tells the full story. See the ACDSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
78GF Score
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