Naked Wines (FRA:MWJ) Debt-to-Equity: 0.08 (As of Mar. 2026) — 43% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:MWJ Naked Wines PLC FRA:MWJ
38 GF Score
Price €0.77
GF Value €0.44
! 3 Warning Signs
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What is Naked Wines Debt-to-Equity?

Naked Wines FRA:MWJ -1.53% 38 Debt-to-Equity is 0.08 as of Mar. 2026, which is 43% below its 10-year median of 0.14. GuruFocus rates FRA:MWJ with a GF Score™ of 38/100 and a GF Value™ of €0.44. The stock has 3 warning signs investors should review. Among 180 Beverages - Alcoholic companies, Naked Wines ranks better than 79.44% on this metric.

Naked Wines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €1.4 Mil. Naked Wines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €3.8 Mil. Naked Wines's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €68.8 Mil. Naked Wines's debt to equity for the quarter that ended in Mar. 2026 was 0.08.

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 Naked Wines's Debt-to-Equity or its related term are showing as below:

FRA:MWJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.14   Max: 0.43
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Naked Wines was 0.43. The lowest was 0.03. And the median was 0.14.

FRA:MWJ's Debt-to-Equity is ranked better than
79.44% of 180 companies
in the Beverages - Alcoholic industry
Industry Median: 0.375 vs FRA:MWJ: 0.08

Naked Wines  (FRA:MWJ) 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.


Naked Wines Debt-to-Equity Related Terms


Naked Wines Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Naked Wines'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.

Naked Wines Debt-to-Equity Chart

Naked Wines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.36 0.21 0.09 0.08

Naked Wines Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.21 0.14 0.09 0.08 0.08

FRA:MWJ vs BF.B: Debt-to-Equity Comparison

For the Beverages - Wineries & Distilleries subindustry, Naked Wines'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.


Naked Wines Debt-to-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Naked Wines's Debt-to-Equity distribution charts can be found below:

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


FRA:MWJ
38GF Score
Naked Wines PLC FRA:MWJ
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Naked Wines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naked Wines's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Naked Wines'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 0.08 mean?
Naked Wines (FRA:MWJ) has a Debt-to-Equity of 0.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Naked Wines and its competitors. This is 43% below median its historical median of 0.14. Over the past decade, Naked Wines' Debt-to-Equity has ranged from 0.03 to 0.43. According to the industry distribution chart, Naked Wines ranks #37 out of 180 companies in the Beverages - Alcoholic industry, placing it in the top 20.6%.
Is Naked Wines' Debt-to-Equity too high?
Naked Wines' current Debt-to-Equity of 0.08 is 43% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.43. The Beverages - Alcoholic industry median Debt-to-Equity is 0.38. Naked Wines' value of 0.08 is 78.7% below this industry median. Based on the distribution chart, Naked Wines ranks #37 out of 180 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Naked Wines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Naked Wines' Debt-to-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Naked Wines ranks #37 out of 180 companies for Debt-to-Equity. This places Naked Wines in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.38. Naked Wines' value of 0.08 is 78.7% below this benchmark. Historically, Naked Wines' own Debt-to-Equity has ranged from 0.03 to 0.43 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.38, Naked Wines 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 Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.38, based on 180 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. Naked Wines's current Debt-to-Equity of 0.08 is 78.7% 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 Naked Wines and its competitors. For the Beverages - Alcoholic industry, the median Debt-to-Equity is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naked Wines's current Debt-to-Equity is 0.08, which is 43% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naked Wines stock overvalued right now?
Naked Wines (FRA:MWJ) has a current Debt-to-Equity of 0.08. The stock's GF Value™ is €0.44, compared to a current price of €0.77 — trading 75% above its estimated fair value. The current Debt-to-Equity is 0.08, which is 43% below median its 10-year median of 0.14 and 78.7% below the Beverages - Alcoholic industry median of 0.38. Naked Wines' overall GF Score™ is 38/100 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 Naked Wines (FRA:MWJ), the current Debt-to-Equity is 0.08 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 Naked Wines (FRA:MWJ) Overvalued in 2026?

Based on GuruFocus' analysis, Naked Wines stock appears to be overvalued. The current stock price of €0.77 is trading 75% above its estimated GF Value™ of €0.44.

Key valuation signals for FRA:MWJ:

  • Debt-to-Equity: 0.08 (43% below median its 10-year median of 0.14)
  • GF Value™: €0.44 vs. price of €0.77 (75% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 78.7% below the Beverages - Alcoholic median (#37 of 180)

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


Naked Wines Business Description

Address 29-33 Chapel Field Road, Norvic House, Norwich, GBR, NR2 1RP
Naked Wines PLC is engaged in the retailing of wines and spirits. The company's operating segment includes Naked Wines. Its geographical segments are United States, United Kingdom, and Australia.
38GF Score

Get the complete analysis for FRA:MWJ

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

€0.77
Price
€0.44
GF Value