Mercialys (CHIX:MERYP) Debt-to-Equity: 2.82 (As of Dec. 2025) — 31% Above Median

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CHIX:MERYP Mercialys SA CHIX:MERYP
71 GF Score
Price €11.78
GF Value €9.62
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Mercialys Debt-to-Equity?

Mercialys CHIX:MERYP 71 Debt-to-Equity is 2.82 as of Dec. 2025, which is 31% above its 10-year median of 2.15. GuruFocus rates CHIX:MERYP with a GF Score™ of 71/100 and a GF Value™ of €9.62 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 683 REITs companies, Mercialys ranks worse than 92.09% on this metric.

Mercialys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €366.7 Mil. Mercialys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1,309.1 Mil. Mercialys's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €595.1 Mil. Mercialys's debt to equity for the quarter that ended in Dec. 2025 was 2.82.

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 Mercialys's Debt-to-Equity or its related term are showing as below:

CHIX:MERYp' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.75   Med: 2.15   Max: 2.82
Current: 2.82

During the past 13 years, the highest Debt-to-Equity Ratio of Mercialys was 2.82. The lowest was 1.75. And the median was 2.15.

CHIX:MERYp's Debt-to-Equity is ranked worse than
92.09% of 683 companies
in the REITs industry
Industry Median: 0.78 vs CHIX:MERYp: 2.82

Mercialys  (CHIX:MERYp) 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.


Mercialys Debt-to-Equity Related Terms


Mercialys Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Mercialys'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.

Mercialys Debt-to-Equity Chart

Mercialys 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 1.88 1.75 1.77 2.07 2.82

Mercialys 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 1.77 1.95 2.07 2.98 2.82

CHIX:MERYP vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Mercialys'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.


Mercialys Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Mercialys's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mercialys's Debt-to-Equity falls into.


CHIX:MERYP
71GF Score
Mercialys SA CHIX:MERYP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercialys Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mercialys's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Mercialys's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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 2.82 mean?
Mercialys (CHIX:MERYP) has a Debt-to-Equity of 2.82 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mercialys and its competitors. This is 31% above median its historical median of 2.15. Over the past decade, Mercialys' Debt-to-Equity has ranged from 1.75 to 2.82. According to the industry distribution chart, Mercialys ranks #629 out of 683 companies in the REITs industry, placing it in the top 92.1%.
Is Mercialys' Debt-to-Equity too high?
Mercialys' current Debt-to-Equity of 2.82 is 31% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 2.82. The REITs industry median Debt-to-Equity is 0.78. Mercialys' value of 2.82 is 261.5% above this industry median. Based on the distribution chart, Mercialys ranks #629 out of 683 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mercialys has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercialys' Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Mercialys ranks #629 out of 683 companies for Debt-to-Equity. This places Mercialys in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Mercialys' value of 2.82 is 261.5% above this benchmark. Historically, Mercialys' own Debt-to-Equity has ranged from 1.75 to 2.82 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 0.78, Mercialys 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 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. Mercialys's current Debt-to-Equity of 2.82 is 261.5% 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 Mercialys 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. Mercialys's current Debt-to-Equity is 2.82, which is 31% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercialys stock overvalued right now?
Based on GuruFocus' analysis, Mercialys (CHIX:MERYP) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.62, compared to a current price of €11.78 — trading 22.5% above its estimated fair value. The current Debt-to-Equity is 2.82, which is 31% above median its 10-year median of 2.15 and 261.5% above the REITs industry median of 0.78. Mercialys' overall GF Score™ is 71/100 with 11 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 Mercialys (CHIX:MERYP), the current Debt-to-Equity is 2.82 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 Mercialys (CHIX:MERYP) Overvalued in 2026?

Based on GuruFocus' analysis, Mercialys stock appears to be overvalued. The current stock price of €11.78 is trading 22.5% above its estimated GF Value™ of €9.62. GuruFocus considers Mercialys to be Modestly Overvalued.

Key valuation signals for CHIX:MERYP:

  • Debt-to-Equity: 2.82 (31% above median its 10-year median of 2.15)
  • GF Value™: €9.62 vs. price of €11.78 (22.5% above fair value)
  • GF Score™: 71/100 with 11 warning signs
  • Industry Position: 261.5% above the REITs median (#629 of 683)

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


Mercialys Business Description

Industry Real EstateREITs
Address 16-18, rue du Quatre-Septembre, Paris, FRA, 75002
Mercialys SA is a real estate company based in France and Europe. The firm and its subsidiaries own and manage shopping centers in France. The company has developed and promoted the G LA GALLERIE brand for all its shopping centers. The company mainly operates in France. The company is based on sustainable value creation through investments in medium-sized properties.
71GF Score

Get the complete analysis for CHIX:MERYP

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

€11.78
Price
€9.62
GF Value