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Arena REITASX:ARF -0.94%87 Debt-to-Equity is 0.36 as of Dec. 2025, which is 6% above its 10-year median of 0.34. GuruFocus rates ASX:ARF with a GF Score™ of 87/100 and a GF Value™ of A$3.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 689 REITs companies, Arena REIT ranks better than 84.03% 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 Arena REIT's Debt-to-Equity or its related term are showing as below:
ASX:ARF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.34 Max: 0.8
Current: 0.36
During the past 13 years, the highest Debt-to-Equity Ratio of Arena REIT was 0.80. The lowest was 0.29. And the median was 0.34.
ASX:ARF's Debt-to-Equity is ranked better than 84.03% of 689
companies
in the REITs industry
Industry Median: 0.78
vs ASX:ARF: 0.36
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.
Arena REIT Debt-to-Equity Related Terms
Arena REIT Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Arena REIT'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.
ASX:ARF vs EQIX, AMT, DLR: Debt-to-Equity Comparison
For the REIT - Specialty subindustry, Arena 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.
Arena REIT Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Arena REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Arena 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.
Arena REIT (ASX:ARF) has a Debt-to-Equity of 0.36 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Arena REIT and its competitors. This is near median its historical median of 0.34. Over the past decade, Arena REIT's Debt-to-Equity has ranged from 0.29 to 0.80. According to the industry distribution chart, Arena REIT ranks #110 out of 689 companies in the REITs industry, placing it in the top 16%.
Is Arena REIT's Debt-to-Equity too high?
Arena REIT's current Debt-to-Equity of 0.36 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.80. The REITs industry median Debt-to-Equity is 0.78. Arena REIT's value of 0.36 is 53.8% below this industry median. Based on the distribution chart, Arena REIT ranks #110 out of 689 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Arena REIT has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arena REIT's Debt-to-Equity compare to EQIX and AMT?
According to the REITs industry distribution chart, Arena REIT ranks #110 out of 689 companies for Debt-to-Equity. This places Arena REIT in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Arena REIT's value of 0.36 is 53.8% below this benchmark. Historically, Arena REIT's own Debt-to-Equity has ranged from 0.29 to 0.80 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.78, Arena 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. Arena REIT's current Debt-to-Equity of 0.36 is 53.8% 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 Arena 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. Arena REIT's current Debt-to-Equity is 0.36, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena REIT stock overvalued right now?
Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.55, compared to a current price of A$3.17 — trading 10.7% below its estimated fair value. The current Debt-to-Equity is 0.36, which is near median its 10-year median of 0.34 and 53.8% below the REITs industry median of 0.78. Arena REIT's overall GF Score™ is 87/100 with 5 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 Arena REIT (ASX:ARF), the current Debt-to-Equity is 0.36 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 Arena REIT (ASX:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued.
The current stock price of A$3.17 is trading 10.7% below its estimated GF Value™ of A$3.55.
GuruFocus considers Arena REIT to be Modestly Undervalued.
Key valuation signals for ASX:ARF:
Debt-to-Equity: 0.36 (near median its 10-year median of 0.34)
GF Value™: A$3.55 vs. price of A$3.17 (10.7% below fair value)
Industry Position: 53.8% below the REITs median (#110 of 689)
No single metric tells the full story. See the ASX:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.
87GF Score
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