Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cromwell Property GroupCMWCF 44 Debt-to-Equity is 0.49 as of Dec. 2025, which is 40% below its 10-year median of 0.82. GuruFocus rates CMWCF with a GF Score™ of 44/100 and a GF Value™ of $0.21. The stock has 6 warning signs investors should review. Among 685 REITs companies, Cromwell Property Group ranks better than 74.01% 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 Cromwell Property Group's Debt-to-Equity or its related term are showing as below:
CMWCF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.82 Max: 0.89
Current: 0.49
During the past 13 years, the highest Debt-to-Equity Ratio of Cromwell Property Group was 0.89. The lowest was 0.47. And the median was 0.82.
CMWCF's Debt-to-Equity is ranked better than 74.01% of 685
companies
in the REITs industry
Industry Median: 0.78
vs CMWCF: 0.49
Cromwell Property Group (OTCPK:CMWCF) Debt-to-Equity Explanation
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.
Cromwell Property Group Debt-to-Equity Related Terms
Cromwell Property Group 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 - Office subindustry, Cromwell Property Group'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.
Cromwell Property Group Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Cromwell Property Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cromwell Property Group'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.
Cromwell Property Group (CMWCF) has a Debt-to-Equity of 0.49 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cromwell Property Group and its competitors. This is 40% below median its historical median of 0.82. Over the past decade, Cromwell Property Group's Debt-to-Equity has ranged from 0.47 to 0.89. According to the industry distribution chart, Cromwell Property Group ranks #178 out of 685 companies in the REITs industry, placing it in the top 26%.
Is Cromwell Property Group's Debt-to-Equity too high?
Cromwell Property Group's current Debt-to-Equity of 0.49 is 40% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.89. The REITs industry median Debt-to-Equity is 0.78. Cromwell Property Group's value of 0.49 is 37.2% below this industry median. Based on the distribution chart, Cromwell Property Group ranks #178 out of 685 companies in the REITs industry, which is above the industry midpoint. Overall, Cromwell Property Group has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Cromwell Property Group's Debt-to-Equity compare to BXP and ARE?
According to the REITs industry distribution chart, Cromwell Property Group ranks #178 out of 685 companies for Debt-to-Equity. This puts Cromwell Property Group in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Cromwell Property Group's value of 0.49 is 37.2% below this benchmark. Historically, Cromwell Property Group's own Debt-to-Equity has ranged from 0.47 to 0.89 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.78, Cromwell Property Group 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 685 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. Cromwell Property Group's current Debt-to-Equity of 0.49 is 37.2% 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 Cromwell Property Group 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. Cromwell Property Group's current Debt-to-Equity is 0.49, which is 40% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cromwell Property Group stock overvalued right now?
Cromwell Property Group (CMWCF) has a current Debt-to-Equity of 0.49. The stock's GF Value™ is $0.21, compared to a current price of $0.25 — trading 20.2% above its estimated fair value. The current Debt-to-Equity is 0.49, which is 40% below median its 10-year median of 0.82 and 37.2% below the REITs industry median of 0.78. Cromwell Property Group's overall GF Score™ is 44/100 with 6 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 Cromwell Property Group (CMWCF), the current Debt-to-Equity is 0.49 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 Cromwell Property Group (CMWCF) Overvalued in 2026?
Based on GuruFocus' analysis, Cromwell Property Group stock appears to be overvalued.
The current stock price of $0.25 is trading 20.2% above its estimated GF Value™ of $0.21.
Key valuation signals for CMWCF:
Debt-to-Equity: 0.49 (40% below median its 10-year median of 0.82)
GF Value™: $0.21 vs. price of $0.25 (20.2% above fair value)
Industry Position: 37.2% below the REITs median (#178 of 685)
No single metric tells the full story. See the CMWCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management vows to operate as a capital-light investment manager with a domestic focus. As of Dec. 31, 2025, the funds platform managed third-party assets of AUD 2.8 billion across Australia and New Zealand.
44GF Score
Get the complete analysis for CMWCF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CMWCF has been successfully added to your 
