Lighthouse Properties (FRA:87O) Debt-to-Equity: 0.72 (As of Dec. 2025) — 36% 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:87O Lighthouse Properties PLC FRA:87O
56 GF Score
Price €0.41
GF Value €0.59
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is Lighthouse Properties Debt-to-Equity?

Lighthouse Properties FRA:87O 56 Debt-to-Equity is 0.72 as of Dec. 2025, which is 36% above its 10-year median of 0.53. GuruFocus rates FRA:87O with a GF Score™ of 56/100 and a GF Value™ of €0.59 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,544 Real Estate companies, Lighthouse Properties ranks better than 50.91% on this metric.

Lighthouse Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €7.7 Mil. Lighthouse Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €659.5 Mil. Lighthouse Properties's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €929.0 Mil. Lighthouse Properties's debt to equity for the quarter that ended in Dec. 2025 was 0.72.

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

FRA:87O' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.53   Max: 1.06
Current: 0.72

During the past 10 years, the highest Debt-to-Equity Ratio of Lighthouse Properties was 1.06. The lowest was 0.03. And the median was 0.53.

FRA:87O's Debt-to-Equity is ranked better than
50.91% of 1544 companies
in the Real Estate industry
Industry Median: 0.73 vs FRA:87O: 0.72

Lighthouse Properties  (FRA:87O) 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.


Lighthouse Properties Debt-to-Equity Related Terms


Lighthouse Properties Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Lighthouse Properties'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.

Lighthouse Properties Debt-to-Equity Chart

Lighthouse Properties Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 1.06 0.48 0.55 0.72

Lighthouse Properties Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 0.48 0.53 0.55 0.74 0.72

FRA:87O vs CBRE, BEKE, JLL: Debt-to-Equity Comparison

For the Real Estate Services subindustry, Lighthouse Properties'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.


Lighthouse Properties Debt-to-Equity vs Real Estate Industry

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

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


FRA:87O
56GF Score
Lighthouse Properties PLC FRA:87O
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lighthouse Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Lighthouse Properties'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 0.72 mean?
Lighthouse Properties (FRA:87O) has a Debt-to-Equity of 0.72 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lighthouse Properties and its competitors. This is 36% above median its historical median of 0.53. Over the past decade, Lighthouse Properties' Debt-to-Equity has ranged from 0.03 to 1.06. According to the industry distribution chart, Lighthouse Properties ranks #758 out of 1544 companies in the Real Estate industry, placing it in the top 49.1%.
Is Lighthouse Properties' Debt-to-Equity too high?
Lighthouse Properties' current Debt-to-Equity of 0.72 is 36% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.06. The Real Estate industry median Debt-to-Equity is 0.73. Lighthouse Properties' value of 0.72 is 1.4% below this industry median. Based on the distribution chart, Lighthouse Properties ranks #758 out of 1544 companies in the Real Estate industry, which is above the industry midpoint. Overall, Lighthouse Properties has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lighthouse Properties' Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Lighthouse Properties ranks #758 out of 1544 companies for Debt-to-Equity. This puts Lighthouse Properties in the upper half of its industry. The industry median Debt-to-Equity is 0.73. Lighthouse Properties' value of 0.72 is 1.4% below this benchmark. Historically, Lighthouse Properties' own Debt-to-Equity has ranged from 0.03 to 1.06 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.73, Lighthouse Properties 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,544 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. Lighthouse Properties's current Debt-to-Equity of 0.72 is 1.4% 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 Lighthouse Properties and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighthouse Properties's current Debt-to-Equity is 0.72, which is 36% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighthouse Properties stock overvalued right now?
Based on GuruFocus' analysis, Lighthouse Properties (FRA:87O) is currently considered Possible Value Trap. The stock's GF Value™ is €0.59, compared to a current price of €0.41 — trading 31.2% below its estimated fair value. The current Debt-to-Equity is 0.72, which is 36% above median its 10-year median of 0.53 and 1.4% below the Real Estate industry median of 0.73. Lighthouse Properties' overall GF Score™ is 56/100 with 10 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 Lighthouse Properties (FRA:87O), the current Debt-to-Equity is 0.72 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 Lighthouse Properties (FRA:87O) Overvalued in 2026?

Based on GuruFocus' analysis, Lighthouse Properties stock appears to be undervalued. The current stock price of €0.41 is trading 31.2% below its estimated GF Value™ of €0.59. GuruFocus considers Lighthouse Properties to be Possible Value Trap.

Key valuation signals for FRA:87O:

  • Debt-to-Equity: 0.72 (36% above median its 10-year median of 0.53)
  • GF Value™: €0.59 vs. price of €0.41 (31.2% below fair value)
  • GF Score™: 56/100 with 10 warning signs
  • Industry Position: 1.4% below the Real Estate median (#758 of 1544)

No single metric tells the full story. See the FRA:87O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lighthouse Properties Business Description

Other Exchanges LTE:South Africa
Address IL-Piazzetta, Tower Road, 4th Floor, Office 41, Block A, Sliema, MLT, SLM 1605
Lighthouse Properties PLC focuses on investing in dominant and defensive malls located in large Western European cities. Its activities include acquiring and investing in high-quality malls, enhancing property value through redevelopment, refurbishment, and improvements, and leasing space to tenants to generate rental income. The Group operates through two segments: direct property investments and indirect property investments, which involve temporary investments in listed real estate equity securities until capital is deployed into acquisitions, expansions, or refurbishments. The company's property portfolio is located across Spain, Portugal, and France, with the majority of revenue generated from Spain.
56GF Score

Get the complete analysis for FRA:87O

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

€0.41
Price
€0.59
GF Value