Nelly Group AB (FRA:CD20) Debt-to-Equity: 0.61 (As of Jun. 2026) — 13% Below 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:CD20 Nelly Group AB FRA:CD20
61 GF Score
Price €3.27
GF Value €3.08
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nelly Group AB Debt-to-Equity?

Nelly Group AB FRA:CD20 +0.49% 61 Debt-to-Equity is 0.61 as of Jun. 2026, which is 13% below its 10-year median of 0.70. GuruFocus rates FRA:CD20 with a GF Score™ of 61/100 and a GF Value™ of €3.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,023 Retail - Cyclical companies, Nelly Group AB ranks worse than 52.59% on this metric.

Nelly Group AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €2.8 Mil. Nelly Group AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €21.6 Mil. Nelly Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €40.4 Mil. Nelly Group AB's debt to equity for the quarter that ended in Jun. 2026 was 0.60.

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 Nelly Group AB's Debt-to-Equity or its related term are showing as below:

FRA:CD20' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.7   Max: 3.09
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Nelly Group AB was 3.09. The lowest was 0.11. And the median was 0.70.

FRA:CD20's Debt-to-Equity is ranked worse than
52.59% of 1023 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs FRA:CD20: 0.61

Nelly Group AB  (FRA:CD20) 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.


Nelly Group AB Debt-to-Equity Related Terms


Nelly Group AB Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nelly Group AB'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.

Nelly Group AB Debt-to-Equity Chart

Nelly Group AB 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 1.55 2.21 1.59 1.21 0.71

Nelly Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.82 0.71 0.67 0.61

FRA:CD20 vs TJX, ROST, BURL: Debt-to-Equity Comparison

For the Apparel Retail subindustry, Nelly Group AB'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.


Nelly Group AB Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nelly Group AB's Debt-to-Equity distribution charts can be found below:

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


FRA:CD20
61GF Score
Nelly Group AB FRA:CD20
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nelly Group AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Nelly Group AB's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.61 mean?
Nelly Group AB (FRA:CD20) has a Debt-to-Equity of 0.61 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nelly Group AB and its competitors. This is 13% below median its historical median of 0.70. Over the past decade, Nelly Group AB's Debt-to-Equity has ranged from 0.11 to 3.09. According to the industry distribution chart, Nelly Group AB ranks #538 out of 1023 companies in the Retail - Cyclical industry, placing it in the top 52.6%.
Is Nelly Group AB's Debt-to-Equity too high?
Nelly Group AB's current Debt-to-Equity of 0.61 is 13% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 3.09. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Nelly Group AB's value of 0.61 is 8.9% above this industry median. Based on the distribution chart, Nelly Group AB ranks #538 out of 1023 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Nelly Group AB has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelly Group AB's Debt-to-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Nelly Group AB ranks #538 out of 1023 companies for Debt-to-Equity. This places Nelly Group AB in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Nelly Group AB's value of 0.61 is 8.9% above this benchmark. Historically, Nelly Group AB's own Debt-to-Equity has ranged from 0.11 to 3.09 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.56, Nelly Group AB 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,023 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. Nelly Group AB's current Debt-to-Equity of 0.61 is 8.9% 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 Nelly Group AB and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelly Group AB's current Debt-to-Equity is 0.61, which is 13% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelly Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nelly Group AB (FRA:CD20) is currently considered Fairly Valued. The stock's GF Value™ is €3.08, compared to a current price of €3.27 — trading 6.3% above its estimated fair value. The current Debt-to-Equity is 0.61, which is 13% below median its 10-year median of 0.70 and 8.9% above the Retail - Cyclical industry median of 0.56. Nelly Group AB's overall GF Score™ is 61/100 with 3 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 Nelly Group AB (FRA:CD20), the current Debt-to-Equity is 0.61 as of Jun. 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 Nelly Group AB (FRA:CD20) Overvalued in 2026?

Based on GuruFocus' analysis, Nelly Group AB stock appears to be overvalued. The current stock price of €3.27 is trading 6.3% above its estimated GF Value™ of €3.08. GuruFocus considers Nelly Group AB to be Fairly Valued.

Key valuation signals for FRA:CD20:

  • Debt-to-Equity: 0.61 (13% below median its 10-year median of 0.70)
  • GF Value™: €3.08 vs. price of €3.27 (6.3% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 8.9% above the Retail - Cyclical median (#538 of 1023)

No single metric tells the full story. See the FRA:CD20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nelly Group AB Business Description

Address c/o Nelly NLY AB, Lundbygatan 1, P.O. Box 690, Boras, SWE, 501 13
Nelly Group AB is active in the retail industry. The company offers a wide range of fashion and accessories to mainly young women in the Nordic region. At the core is the own brand Nelly, which is marketed and sold in combination with a well-composed portfolio of external brands. The company sells directly to its target group via digital customers, mainly Nelly.com. Geographically, the company generates a majority of its revenue from Sweden, and the rest from Other Nordic regions, and the Rest of the world.
61GF Score

Get the complete analysis for FRA:CD20

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

€3.27
Price
€3.08
GF Value