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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 The Hongkong and Shanghai Hotels's Debt-to-Equity or its related term are showing as below:
FRA:HSG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.43 Max: 0.54
Current: 0.43
During the past 13 years, the highest Debt-to-Equity Ratio of The Hongkong and Shanghai Hotels was 0.54. The lowest was 0.17. And the median was 0.43.
FRA:HSG's Debt-to-Equity is ranked worse than 50.07% of 723
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs FRA:HSG: 0.43
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.
The Hongkong and Shanghai Hotels Debt-to-Equity Related Terms
The Hongkong and Shanghai Hotels 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.
The Hongkong and Shanghai Hotels Debt-to-Equity Chart
For the Lodging subindustry, The Hongkong and Shanghai Hotels'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.
The Hongkong and Shanghai Hotels Debt-to-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Hongkong and Shanghai Hotels's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where The Hongkong and Shanghai Hotels'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.
The Hongkong and Shanghai Hotels (FRA:HSG) has a Debt-to-Equity of 0.43 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Hongkong and Shanghai Hotels and its competitors. This is near median its historical median of 0.43. Over the past decade, The Hongkong and Shanghai Hotels' Debt-to-Equity has ranged from 0.17 to 0.54. According to the industry distribution chart, The Hongkong and Shanghai Hotels ranks #362 out of 723 companies in the Travel & Leisure industry, placing it in the top 50.1%.
Is The Hongkong and Shanghai Hotels' Debt-to-Equity too high?
The Hongkong and Shanghai Hotels' current Debt-to-Equity of 0.43 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.54. The Travel & Leisure industry median Debt-to-Equity is 0.43. The Hongkong and Shanghai Hotels' value of 0.43 is 0% at this industry median. Based on the distribution chart, The Hongkong and Shanghai Hotels ranks #362 out of 723 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, The Hongkong and Shanghai Hotels has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hongkong and Shanghai Hotels' Debt-to-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Hongkong and Shanghai Hotels ranks #362 out of 723 companies for Debt-to-Equity. This places The Hongkong and Shanghai Hotels in the lower half of its industry. The industry median Debt-to-Equity is 0.43. The Hongkong and Shanghai Hotels' value of 0.43 is 0% at this benchmark. Historically, The Hongkong and Shanghai Hotels' own Debt-to-Equity has ranged from 0.17 to 0.54 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.43, The Hongkong and Shanghai Hotels has consistently been at 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 723 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. The Hongkong and Shanghai Hotels's current Debt-to-Equity of 0.43 is 0% at 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 The Hongkong and Shanghai Hotels and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hongkong and Shanghai Hotels's current Debt-to-Equity is 0.43, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hongkong and Shanghai Hotels stock overvalued right now?
Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels (FRA:HSG) is currently considered Fairly Valued. The stock's GF Value™ is €0.66, compared to a current price of €0.62 — trading 6.8% below its estimated fair value. The current Debt-to-Equity is 0.43, which is near median its 10-year median of 0.43 and 0% at the Travel & Leisure industry median of 0.43. The Hongkong and Shanghai Hotels' overall GF Score™ is 51/100 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 The Hongkong and Shanghai Hotels (FRA:HSG), the current Debt-to-Equity is 0.43 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 The Hongkong and Shanghai Hotels (FRA:HSG) Overvalued in 2026?
Based on GuruFocus' analysis, The Hongkong and Shanghai Hotels stock appears to be undervalued.
The current stock price of €0.62 is trading 6.8% below its estimated GF Value™ of €0.66.
GuruFocus considers The Hongkong and Shanghai Hotels to be Fairly Valued.
Key valuation signals for FRA:HSG:
Debt-to-Equity: 0.43 (near median its 10-year median of 0.43)
GF Value™: €0.66 vs. price of €0.62 (6.8% below fair value)
Industry Position: 0% at the Travel & Leisure median (#362 of 723)
No single metric tells the full story. See the FRA:HSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Hongkong and Shanghai Hotels Ltd is a luxury hospitality and real estate group. It owns and operates hotel properties under the Peninsula brand located in city centres across Asia, the U.S., and Europe. The company's assets comprise a small number of ultra-luxury hotels, real estate assets, and tourism assets, including The Peak Tram, one of Hong Kong's tourist attractions. The group's reportable segments are: Hotels, Commercial Properties, Peak Tram, Retail, and Others. Maximum revenue is generated from its Hotels segment, which includes revenue generated from operating hotels, leasing of commercial shopping arcades, and office premises located within the hotel buildings. Geographically, the group generates the majority of its revenue from Greater China.
51GF Score
Get the complete analysis for FRA:HSG
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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