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S Prime Growth Leasehold REITBKK:SPRIME 69 Debt-to-Equity is 0.28 as of Jun. 2026, which is 7% below its 10-year median of 0.30. GuruFocus rates BKK:SPRIME with a GF Score™ of 69/100 and a GF Value™ of ฿3.74 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 683 REITs companies, S Prime Growth Leasehold REIT ranks better than 87.7% 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 S Prime Growth Leasehold REIT's Debt-to-Equity or its related term are showing as below:
BKK:SPRIME'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.3 Max: 0.32
Current: 0.28
During the past 7 years, the highest Debt-to-Equity Ratio of S Prime Growth Leasehold REIT was 0.32. The lowest was 0.27. And the median was 0.30.
BKK:SPRIME's Debt-to-Equity is ranked better than 87.7% of 683
companies
in the REITs industry
Industry Median: 0.78
vs BKK:SPRIME: 0.28
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.
S Prime Growth Leasehold REIT Debt-to-Equity Related Terms
S Prime Growth Leasehold 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.
S Prime Growth Leasehold REIT Debt-to-Equity Chart
BKK:SPRIME vs VICI, WPC, BNL: Debt-to-Equity Comparison
For the REIT - Diversified subindustry, S Prime Growth Leasehold 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.
S Prime Growth Leasehold REIT Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, S Prime Growth Leasehold REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where S Prime Growth Leasehold 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.
S Prime Growth Leasehold REIT (BKK:SPRIME) has a Debt-to-Equity of 0.28 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on S Prime Growth Leasehold REIT and its competitors. This is near median its historical median of 0.30. Over the past decade, S Prime Growth Leasehold REIT's Debt-to-Equity has ranged from 0.27 to 0.32. According to the industry distribution chart, S Prime Growth Leasehold REIT ranks #84 out of 683 companies in the REITs industry, placing it in the top 12.3%.
Is S Prime Growth Leasehold REIT's Debt-to-Equity too high?
S Prime Growth Leasehold REIT's current Debt-to-Equity of 0.28 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.32. The REITs industry median Debt-to-Equity is 0.78. S Prime Growth Leasehold REIT's value of 0.28 is 64.1% below this industry median. Based on the distribution chart, S Prime Growth Leasehold REIT ranks #84 out of 683 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, S Prime Growth Leasehold REIT ranks #84 out of 683 companies for Debt-to-Equity. This places S Prime Growth Leasehold REIT in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. S Prime Growth Leasehold REIT's value of 0.28 is 64.1% below this benchmark. Historically, S Prime Growth Leasehold REIT's own Debt-to-Equity has ranged from 0.27 to 0.32 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.78, S Prime Growth Leasehold 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 683 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. S Prime Growth Leasehold REIT's current Debt-to-Equity of 0.28 is 64.1% 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 S Prime Growth Leasehold 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. S Prime Growth Leasehold REIT's current Debt-to-Equity is 0.28, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.74, compared to a current price of ฿4.22 — trading 12.8% above its estimated fair value. The current Debt-to-Equity is 0.28, which is near median its 10-year median of 0.30 and 64.1% below the REITs industry median of 0.78. S Prime Growth Leasehold REIT's overall GF Score™ is 69/100 with 7 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 S Prime Growth Leasehold REIT (BKK:SPRIME), the current Debt-to-Equity is 0.28 as of Jun. 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 S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued.
The current stock price of ฿4.22 is trading 12.8% above its estimated GF Value™ of ฿3.74.
GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:SPRIME:
Debt-to-Equity: 0.28 (near median its 10-year median of 0.30)
GF Value™: ฿3.74 vs. price of ฿4.22 (12.8% above fair value)
Industry Position: 64.1% below the REITs median (#84 of 683)
No single metric tells the full story. See the BKK:SPRIME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
69GF Score
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