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GreggsGGGSF +0.45%80 Debt-to-Equity is 0.76 as of Dec. 2025, which is 4% above its 10-year median of 0.73. GuruFocus rates GGGSF with a GF Score™ of 80/100 and a GF Value™ of $45.69 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 317 Restaurants companies, Greggs ranks better than 54.26% 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 Greggs's Debt-to-Equity or its related term are showing as below:
GGGSF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 0.73 Max: 0.91
Current: 0.76
During the past 13 years, the highest Debt-to-Equity Ratio of Greggs was 0.91. The lowest was 0.60. And the median was 0.73.
GGGSF's Debt-to-Equity is ranked better than 54.26% of 317
companies
in the Restaurants industry
Industry Median: 0.91
vs GGGSF: 0.76
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.
Greggs Debt-to-Equity Related Terms
Greggs Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Greggs'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.
GGGSF vs MCD, SBUX, YUM: Debt-to-Equity Comparison
For the Restaurants subindustry, Greggs'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.
Greggs Debt-to-Equity vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Greggs's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Greggs'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.
Greggs (GGGSF) has a Debt-to-Equity of 0.76 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Greggs and its competitors. This is near median its historical median of 0.73. Over the past decade, Greggs' Debt-to-Equity has ranged from 0.60 to 0.91. According to the industry distribution chart, Greggs ranks #145 out of 317 companies in the Restaurants industry, placing it in the top 45.7%.
Is Greggs' Debt-to-Equity too high?
Greggs' current Debt-to-Equity of 0.76 is near median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.91. The Restaurants industry median Debt-to-Equity is 0.91. Greggs' value of 0.76 is 16.5% below this industry median. Based on the distribution chart, Greggs ranks #145 out of 317 companies in the Restaurants industry, which is above the industry midpoint. Overall, Greggs has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greggs' Debt-to-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Greggs ranks #145 out of 317 companies for Debt-to-Equity. This puts Greggs in the upper half of its industry. The industry median Debt-to-Equity is 0.91. Greggs' value of 0.76 is 16.5% below this benchmark. Historically, Greggs' own Debt-to-Equity has ranged from 0.60 to 0.91 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.91, Greggs 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 Restaurants company?
The median Debt-to-Equity among Restaurants companies is 0.91, based on 317 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. Greggs's current Debt-to-Equity of 0.76 is 16.5% 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 Greggs and its competitors. For the Restaurants industry, the median Debt-to-Equity is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greggs's current Debt-to-Equity is 0.76, which is near median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greggs stock overvalued right now?
Based on GuruFocus' analysis, Greggs (GGGSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $45.69, compared to a current price of $21.00 — trading 54% below its estimated fair value. The current Debt-to-Equity is 0.76, which is near median its 10-year median of 0.73 and 16.5% below the Restaurants industry median of 0.91. Greggs' overall GF Score™ is 80/100 with 4 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 Greggs (GGGSF), the current Debt-to-Equity is 0.76 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 Greggs (GGGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Greggs stock appears to be undervalued.
The current stock price of $21.00 is trading 54% below its estimated GF Value™ of $45.69.
GuruFocus considers Greggs to be Significantly Undervalued.
Key valuation signals for GGGSF:
Debt-to-Equity: 0.76 (near median its 10-year median of 0.73)
GF Value™: $45.69 vs. price of $21.00 (54% below fair value)
Industry Position: 16.5% below the Restaurants median (#145 of 317)
No single metric tells the full story. See the GGGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greggs PLC is a U.K.-based company that is principally engaged in manufacturing, distributing, and retailing bakery goods, sandwiches, and drinks under the Greggs brand. The company focuses on the food-on-the-go market. It has a vertically integrated supply network, with its bakeries & delivery network. Greggs operates in two segments: Company-managed retail activities and the Business-to-business channel. The majority of its revenue is generated from the Company-managed retail activities segment, in which the Group sells a consistent range of fresh bakery goods, sandwiches, and drinks in its own shops or via delivery. Sales are made to the general public on a cash basis. All results arise in the United Kingdom.
80GF Score
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