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.
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.
Woolworths HoldingsFRA:WN3 74 Debt-to-Equity is 1.98 as of Dec. 2025, which is 17% above its 10-year median of 1.69. GuruFocus rates FRA:WN3 with a GF Score™ of 74/100 and a GF Value™ of €3.82. The stock has 3 warning signs investors should review. Among 1,019 Retail - Cyclical companies, Woolworths Holdings ranks worse than 86.85% on this metric.
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 Woolworths Holdings's Debt-to-Equity or its related term are showing as below:
FRA:WN3'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81 Med: 1.69 Max: 7.05
Current: 1.98
During the past 13 years, the highest Debt-to-Equity Ratio of Woolworths Holdings was 7.05. The lowest was 0.81. And the median was 1.69.
FRA:WN3's Debt-to-Equity is ranked worse than 86.85% of 1019
companies
in the Retail - Cyclical industry
Industry Median: 0.56
vs FRA:WN3: 1.98
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.
Woolworths Holdings Debt-to-Equity Related Terms
Woolworths Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Woolworths Holdings'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.
For the Department Stores subindustry, Woolworths Holdings'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.
Woolworths Holdings Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Woolworths Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Woolworths Holdings'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.
Woolworths Holdings (FRA:WN3) has a Debt-to-Equity of 1.98 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Woolworths Holdings and its competitors. This is 17% above median its historical median of 1.69. Over the past decade, Woolworths Holdings' Debt-to-Equity has ranged from 0.81 to 7.05. According to the industry distribution chart, Woolworths Holdings ranks #885 out of 1019 companies in the Retail - Cyclical industry, placing it in the top 86.8%.
Is Woolworths Holdings' Debt-to-Equity too high?
Woolworths Holdings' current Debt-to-Equity of 1.98 is 17% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 7.05. The Retail - Cyclical industry median Debt-to-Equity is 0.56. Woolworths Holdings' value of 1.98 is 253.6% above this industry median. Based on the distribution chart, Woolworths Holdings ranks #885 out of 1019 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Woolworths Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Woolworths Holdings' Debt-to-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Woolworths Holdings ranks #885 out of 1019 companies for Debt-to-Equity. This places Woolworths Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Woolworths Holdings' value of 1.98 is 253.6% above this benchmark. Historically, Woolworths Holdings' own Debt-to-Equity has ranged from 0.81 to 7.05 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 0.56, Woolworths Holdings 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 1,019 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. Woolworths Holdings's current Debt-to-Equity of 1.98 is 253.6% 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 Woolworths Holdings 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. Woolworths Holdings's current Debt-to-Equity is 1.98, which is 17% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Woolworths Holdings stock overvalued right now?
Woolworths Holdings (FRA:WN3) has a current Debt-to-Equity of 1.98. The stock's GF Value™ is €3.82, compared to a current price of €2.52 — trading 34% below its estimated fair value. The current Debt-to-Equity is 1.98, which is 17% above median its 10-year median of 1.69 and 253.6% above the Retail - Cyclical industry median of 0.56. Woolworths Holdings' overall GF Score™ is 74/100 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 Woolworths Holdings (FRA:WN3), the current Debt-to-Equity is 1.98 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 Woolworths Holdings (FRA:WN3) Overvalued in 2026?
Based on GuruFocus' analysis, Woolworths Holdings stock appears to be undervalued.
The current stock price of €2.52 is trading 34% below its estimated GF Value™ of €3.82.
Key valuation signals for FRA:WN3:
Debt-to-Equity: 1.98 (17% above median its 10-year median of 1.69)
GF Value™: €3.82 vs. price of €2.52 (34% below fair value)
Industry Position: 253.6% above the Retail - Cyclical median (#885 of 1019)
No single metric tells the full story. See the FRA:WN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Woolworths Holdings Ltd is a southern hemisphere retail Group. Its current operations are conducted through its two operating subsidiaries. The segments involve: Fashion, Beauty and Home; Food; Logistics; Woolworths Financial Services; Country Road Group; and Treasury. It derives maximum revenue from Food Segment. Geographically, It operates iun South Africa, Australia and New Zealand and Rest of Africa.
74GF Score
Get the complete analysis for FRA:WN3
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:WN3 has been successfully added to your 
