Polski Holding Nieruchomosci (FRA:2PN) Debt-to-Equity: 0.82 (As of Mar. 2026) — 30% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:2PN Polski Holding Nieruchomosci SA FRA:2PN
58 GF Score
Price €1.98
GF Value €2.48
! 7 Warning Signs
View Full Analysis

What is Polski Holding Nieruchomosci Debt-to-Equity?

Polski Holding Nieruchomosci FRA:2PN +0.25% 58 Debt-to-Equity is 0.82 as of Mar. 2026, which is 30% above its 10-year median of 0.63. GuruFocus rates FRA:2PN with a GF Score™ of 58/100 and a GF Value™ of €2.48. The stock has 7 warning signs investors should review. Among 1,543 Real Estate companies, Polski Holding Nieruchomosci ranks worse than 52.95% on this metric.

Polski Holding Nieruchomosci's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €157.5 Mil. Polski Holding Nieruchomosci's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €280.9 Mil. Polski Holding Nieruchomosci's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €534.4 Mil. Polski Holding Nieruchomosci's debt to equity for the quarter that ended in Mar. 2026 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 Polski Holding Nieruchomosci's Debt-to-Equity or its related term are showing as below:

FRA:2PN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.63   Max: 0.97
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Polski Holding Nieruchomosci was 0.97. The lowest was 0.25. And the median was 0.63.

FRA:2PN's Debt-to-Equity is ranked worse than
52.95% of 1543 companies
in the Real Estate industry
Industry Median: 0.75 vs FRA:2PN: 0.82

Polski Holding Nieruchomosci  (FRA:2PN) 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.


Polski Holding Nieruchomosci Debt-to-Equity Related Terms


Polski Holding Nieruchomosci Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Polski Holding Nieruchomosci'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.

Polski Holding Nieruchomosci Debt-to-Equity Chart

Polski Holding Nieruchomosci 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 0.64 0.69 0.85 0.97 0.83

Polski Holding Nieruchomosci Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.88 0.87 0.88 0.83 0.82

FRA:2PN vs CBRE, BEKE, JLL: Debt-to-Equity Comparison

For the Real Estate Services subindustry, Polski Holding Nieruchomosci'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.


Polski Holding Nieruchomosci Debt-to-Equity vs Real Estate Industry

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

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


FRA:2PN
58GF Score
Polski Holding Nieruchomosci SA FRA:2PN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polski Holding Nieruchomosci Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Polski Holding Nieruchomosci's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 0.82 mean?
Polski Holding Nieruchomosci (FRA:2PN) has a Debt-to-Equity of 0.82 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polski Holding Nieruchomosci and its competitors. This is 30% above median its historical median of 0.63. Over the past decade, Polski Holding Nieruchomosci's Debt-to-Equity has ranged from 0.25 to 0.97. According to the industry distribution chart, Polski Holding Nieruchomosci ranks #817 out of 1543 companies in the Real Estate industry, placing it in the top 52.9%.
Is Polski Holding Nieruchomosci's Debt-to-Equity too high?
Polski Holding Nieruchomosci's current Debt-to-Equity of 0.82 is 30% above median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.97. The Real Estate industry median Debt-to-Equity is 0.75. Polski Holding Nieruchomosci's value of 0.82 is 9.3% above this industry median. Based on the distribution chart, Polski Holding Nieruchomosci ranks #817 out of 1543 companies in the Real Estate industry, which is below the industry midpoint. Overall, Polski Holding Nieruchomosci has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Polski Holding Nieruchomosci's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Polski Holding Nieruchomosci ranks #817 out of 1543 companies for Debt-to-Equity. This places Polski Holding Nieruchomosci in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Polski Holding Nieruchomosci's value of 0.82 is 9.3% above this benchmark. Historically, Polski Holding Nieruchomosci's own Debt-to-Equity has ranged from 0.25 to 0.97 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.75, Polski Holding Nieruchomosci 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 0.75, based on 1,543 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. Polski Holding Nieruchomosci's current Debt-to-Equity of 0.82 is 9.3% 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 Polski Holding Nieruchomosci and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polski Holding Nieruchomosci's current Debt-to-Equity is 0.82, which is 30% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polski Holding Nieruchomosci stock overvalued right now?
Polski Holding Nieruchomosci (FRA:2PN) has a current Debt-to-Equity of 0.82. The stock's GF Value™ is €2.48, compared to a current price of €1.98 — trading 20.2% below its estimated fair value. The current Debt-to-Equity is 0.82, which is 30% above median its 10-year median of 0.63 and 9.3% above the Real Estate industry median of 0.75. Polski Holding Nieruchomosci's overall GF Score™ is 58/100 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 Polski Holding Nieruchomosci (FRA:2PN), the current Debt-to-Equity is 0.82 as of Mar. 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 Polski Holding Nieruchomosci (FRA:2PN) Overvalued in 2026?

Based on GuruFocus' analysis, Polski Holding Nieruchomosci stock appears to be undervalued. The current stock price of €1.98 is trading 20.2% below its estimated GF Value™ of €2.48.

Key valuation signals for FRA:2PN:

  • Debt-to-Equity: 0.82 (30% above median its 10-year median of 0.63)
  • GF Value™: €2.48 vs. price of €1.98 (20.2% below fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 9.3% above the Real Estate median (#817 of 1543)

No single metric tells the full story. See the FRA:2PN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polski Holding Nieruchomosci Business Description

Other Exchanges PHN:Poland
Address al. Jana Pawla II 12, Warsaw, POL, 00-124
Polski Holding Nieruchomosci SA engages in the development, management, sale of commercial and residential real estate. It offers properties for lease and venues for training, business meetings, and recreational activities. The company operates through Lease, Property Development, and Other Activities segments. Lease segment which contributes majority revenue engages in leasing of office, retail, warehouse and logistics space, residential and other properties. Property Development segment deals with construction and sale of residential premises.
58GF Score

Get the complete analysis for FRA:2PN

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

€1.98
Price
€2.48
GF Value