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IchigoICHIF 74 Debt-to-Equity is 2.91 as of May. 2026, which is 33% above its 10-year median of 2.19. GuruFocus rates ICHIF with a GF Score™ of 74/100 and a GF Value™ of $2.57. The stock has 4 warning signs investors should review. Among 1,541 Real Estate companies, Ichigo ranks worse than 90.72% 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 Ichigo's Debt-to-Equity or its related term are showing as below:
ICHIF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.74 Med: 2.19 Max: 2.91
Current: 2.91
During the past 13 years, the highest Debt-to-Equity Ratio of Ichigo was 2.91. The lowest was 1.74. And the median was 2.19.
ICHIF's Debt-to-Equity is ranked worse than 90.72% of 1541
companies
in the Real Estate industry
Industry Median: 0.73
vs ICHIF: 2.91
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.
Ichigo Debt-to-Equity Related Terms
Ichigo Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ichigo'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.
ICHIF vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Ichigo'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.
Ichigo Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ichigo's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ichigo'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.
Ichigo (ICHIF) has a Debt-to-Equity of 2.91 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ichigo and its competitors. This is 33% above median its historical median of 2.19. Over the past decade, Ichigo's Debt-to-Equity has ranged from 1.74 to 2.91. According to the industry distribution chart, Ichigo ranks #1398 out of 1541 companies in the Real Estate industry, placing it in the top 90.7%.
Is Ichigo's Debt-to-Equity too high?
Ichigo's current Debt-to-Equity of 2.91 is 33% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 2.91. The Real Estate industry median Debt-to-Equity is 0.73. Ichigo's value of 2.91 is 298.6% above this industry median. Based on the distribution chart, Ichigo ranks #1398 out of 1541 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Ichigo has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Ichigo ranks #1398 out of 1541 companies for Debt-to-Equity. This places Ichigo in the lower half of its industry. The industry median Debt-to-Equity is 0.73. Ichigo's value of 2.91 is 298.6% above this benchmark. Historically, Ichigo's own Debt-to-Equity has ranged from 1.74 to 2.91 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.73, Ichigo 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,541 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. Ichigo's current Debt-to-Equity of 2.91 is 298.6% 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 Ichigo and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo's current Debt-to-Equity is 2.91, which is 33% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo stock overvalued right now?
Ichigo (ICHIF) has a current Debt-to-Equity of 2.91. The stock's GF Value™ is $2.57, compared to a current price of $2.40 — trading 6.6% below its estimated fair value. The current Debt-to-Equity is 2.91, which is 33% above median its 10-year median of 2.19 and 298.6% above the Real Estate industry median of 0.73. Ichigo's overall GF Score™ is 74/100 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 Ichigo (ICHIF), the current Debt-to-Equity is 2.91 as of May. 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 Ichigo (ICHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo stock appears to be undervalued.
The current stock price of $2.40 is trading 6.6% below its estimated GF Value™ of $2.57.
Key valuation signals for ICHIF:
Debt-to-Equity: 2.91 (33% above median its 10-year median of 2.19)
GF Value™: $2.57 vs. price of $2.40 (6.6% below fair value)
Industry Position: 298.6% above the Real Estate median (#1398 of 1541)
No single metric tells the full story. See the ICHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.
74GF Score
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