Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) Debt-to-Equity: 0.82 (As of Dec. 2025) — 20% Below Median

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BUD:APPENINN Appeninn Vagyonkezelo Holding Nyrt BUD:APPENINN
68 GF Score
Price Ft664.00
GF Value Ft815.78
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity?

Appeninn Vagyonkezelo Holding Nyrt BUD:APPENINN 68 Debt-to-Equity is 0.82 as of Dec. 2025, which is 20% below its 10-year median of 1.02. GuruFocus rates BUD:APPENINN with a GF Score™ of 68/100 and a GF Value™ of Ft815.78 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,546 Real Estate companies, Appeninn Vagyonkezelo Holding Nyrt ranks worse than 53.17% on this metric.

Appeninn Vagyonkezelo Holding Nyrt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was Ft1,386 Mil. Appeninn Vagyonkezelo Holding Nyrt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was Ft38,839 Mil. Appeninn Vagyonkezelo Holding Nyrt's Total Stockholders Equity for the quarter that ended in Dec. 2025 was Ft49,321 Mil. Appeninn Vagyonkezelo Holding Nyrt's debt to equity for the quarter that ended in Dec. 2025 was 0.82.

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 Appeninn Vagyonkezelo Holding Nyrt's Debt-to-Equity or its related term are showing as below:

BUD:APPENINN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76   Med: 1.02   Max: 1.4
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Appeninn Vagyonkezelo Holding Nyrt was 1.40. The lowest was 0.76. And the median was 1.02.

BUD:APPENINN's Debt-to-Equity is ranked worse than
53.17% of 1546 companies
in the Real Estate industry
Industry Median: 0.74 vs BUD:APPENINN: 0.82

Appeninn Vagyonkezelo Holding Nyrt  (BUD:APPENINN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity Related Terms


Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Appeninn Vagyonkezelo Holding Nyrt'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.

Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity Chart

Appeninn Vagyonkezelo Holding Nyrt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 0.92 0.80 0.87 0.82

Appeninn Vagyonkezelo Holding Nyrt Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.83 0.87 0.84 0.82

Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity Competitor Comparison

For the Real Estate Services subindustry, Appeninn Vagyonkezelo Holding Nyrt'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.


Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Appeninn Vagyonkezelo Holding Nyrt's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Appeninn Vagyonkezelo Holding Nyrt's Debt-to-Equity falls into.


BUD:APPENINN
68GF Score
Appeninn Vagyonkezelo Holding Nyrt BUD:APPENINN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appeninn Vagyonkezelo Holding Nyrt Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Appeninn Vagyonkezelo Holding Nyrt's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1386.0139340764 + 38838.735622821) / 49321.41397122
=0.82

Appeninn Vagyonkezelo Holding Nyrt's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1386.0139340764 + 38838.735622821) / 49321.41397122
=0.82

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.82 mean?
Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) has a Debt-to-Equity of 0.82 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Appeninn Vagyonkezelo Holding Nyrt and its competitors. This is 20% below median its historical median of 1.02. Over the past decade, Appeninn Vagyonkezelo Holding Nyrt's Debt-to-Equity has ranged from 0.76 to 1.40. According to the industry distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #822 out of 1546 companies in the Real Estate industry, placing it in the top 53.2%.
Is Appeninn Vagyonkezelo Holding Nyrt's Debt-to-Equity too high?
Appeninn Vagyonkezelo Holding Nyrt's current Debt-to-Equity of 0.82 is 20% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.40. The Real Estate industry median Debt-to-Equity is 0.74. Appeninn Vagyonkezelo Holding Nyrt's value of 0.82 is 10.8% above this industry median. Based on the distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #822 out of 1546 companies in the Real Estate industry, which is below the industry midpoint. Overall, Appeninn Vagyonkezelo Holding Nyrt has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Appeninn Vagyonkezelo Holding Nyrt's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Appeninn Vagyonkezelo Holding Nyrt ranks #822 out of 1546 companies for Debt-to-Equity. This places Appeninn Vagyonkezelo Holding Nyrt in the lower half of its industry. The industry median Debt-to-Equity is 0.74. Appeninn Vagyonkezelo Holding Nyrt's value of 0.82 is 10.8% above this benchmark. Historically, Appeninn Vagyonkezelo Holding Nyrt's own Debt-to-Equity has ranged from 0.76 to 1.40 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.74, Appeninn Vagyonkezelo Holding Nyrt 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.74, based on 1,546 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. Appeninn Vagyonkezelo Holding Nyrt's current Debt-to-Equity of 0.82 is 10.8% 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 Appeninn Vagyonkezelo Holding Nyrt and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appeninn Vagyonkezelo Holding Nyrt's current Debt-to-Equity is 0.82, which is 20% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appeninn Vagyonkezelo Holding Nyrt stock overvalued right now?
Based on GuruFocus' analysis, Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) is currently considered Modestly Undervalued. The stock's GF Value™ is Ft815.78, compared to a current price of Ft664.00 — trading 18.6% below its estimated fair value. The current Debt-to-Equity is 0.82, which is 20% below median its 10-year median of 1.02 and 10.8% above the Real Estate industry median of 0.74. Appeninn Vagyonkezelo Holding Nyrt's overall GF Score™ is 68/100 with 4 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 Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN), the current Debt-to-Equity is 0.82 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 Appeninn Vagyonkezelo Holding Nyrt (BUD:APPENINN) Overvalued in 2026?

Based on GuruFocus' analysis, Appeninn Vagyonkezelo Holding Nyrt stock appears to be undervalued. The current stock price of Ft664.00 is trading 18.6% below its estimated GF Value™ of Ft815.78. GuruFocus considers Appeninn Vagyonkezelo Holding Nyrt to be Modestly Undervalued.

Key valuation signals for BUD:APPENINN:

  • Debt-to-Equity: 0.82 (20% below median its 10-year median of 1.02)
  • GF Value™: Ft815.78 vs. price of Ft664.00 (18.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 10.8% above the Real Estate median (#822 of 1546)

No single metric tells the full story. See the BUD:APPENINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Appeninn Vagyonkezelo Holding Nyrt Business Description

Address 1022 Budapest, Beg utca 3-5, Kelenhegyi, HUN
Appeninn Vagyonkezelo Holding Nyrt is a Hungarian real estate investment and asset management company. It owns and operates a diversified portfolio of commercial properties, primarily in Budapest and other Hungarian cities, spanning office buildings, logistics and industrial facilities, and retail and commercial properties. The company generates revenue mainly through rental income from leasing these properties to corporate tenants, with office rentals historically contributing the largest share of revenue, followed by logistics and commercial property rentals. It also engages in property-related asset management and may pursue selective acquisitions and development to expand its portfolio. Its customers are predominantly businesses and institutional tenants requiring office, warehouse, and retail space. The company is listed on the Budapest Stock Exchange and operates primarily within Hungary, focusing on domestic commercial real estate markets.
68GF Score

Get the complete analysis for BUD:APPENINN

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Ft664.00
Price
Ft815.78
GF Value