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Choppies EnterprisesJSE:CHP 38 Debt-to-Equity is 2.73 as of Dec. 2025, which is 446% above its 10-year median of 0.50. GuruFocus rates JSE:CHP with a GF Score™ of 38/100 and a GF Value™ of R0.83 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 278 Retail - Defensive companies, Choppies Enterprises ranks worse than 88.85% 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 Choppies Enterprises's Debt-to-Equity or its related term are showing as below:
JSE:CHP'
s Debt-to-Equity Range Over the Past 10 Years
Min: -45.82 Med: 0.5 Max: 9.05
Current: 2.73
During the past 13 years, the highest Debt-to-Equity Ratio of Choppies Enterprises was 9.05. The lowest was -45.82. And the median was 0.50.
JSE:CHP's Debt-to-Equity is ranked worse than 88.85% of 278
companies
in the Retail - Defensive industry
Industry Median: 0.555
vs JSE:CHP: 2.73
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.
Choppies Enterprises Debt-to-Equity Related Terms
Choppies Enterprises Debt-to-Equity Historical Data
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The historical data trend for Choppies Enterprises'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 Grocery Stores subindustry, Choppies Enterprises'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.
Choppies Enterprises Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Choppies Enterprises's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Choppies Enterprises'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.
Choppies Enterprises (JSE:CHP) has a Debt-to-Equity of 2.73 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Choppies Enterprises and its competitors. This is 446% above median its historical median of 0.50. According to the industry distribution chart, Choppies Enterprises ranks #247 out of 278 companies in the Retail - Defensive industry, placing it in the top 88.8%.
Is Choppies Enterprises' Debt-to-Equity too high?
Choppies Enterprises' current Debt-to-Equity of 2.73 is 446% above median its 10-year median of 0.50. The Retail - Defensive industry median Debt-to-Equity is 0.56. Choppies Enterprises' value of 2.73 is 391.9% above this industry median. Based on the distribution chart, Choppies Enterprises ranks #247 out of 278 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Choppies Enterprises has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' Debt-to-Equity compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Choppies Enterprises ranks #247 out of 278 companies for Debt-to-Equity. This places Choppies Enterprises in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Choppies Enterprises' value of 2.73 is 391.9% above this benchmark. While the company's 10-year median is 0.50 vs. the industry median of 0.56, Choppies Enterprises 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 - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.56, based on 278 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. Choppies Enterprises's current Debt-to-Equity of 2.73 is 391.9% 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 Choppies Enterprises and its competitors. For the Retail - Defensive 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. Choppies Enterprises's current Debt-to-Equity is 2.73, which is 446% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Modestly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.00 — trading 20.5% above its estimated fair value. The current Debt-to-Equity is 2.73, which is 446% above median its 10-year median of 0.50 and 391.9% above the Retail - Defensive industry median of 0.56. Choppies Enterprises' 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 Choppies Enterprises (JSE:CHP), the current Debt-to-Equity is 2.73 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?
Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued.
The current stock price of R1.00 is trading 20.5% above its estimated GF Value™ of R0.83.
GuruFocus considers Choppies Enterprises to be Modestly Overvalued.
Key valuation signals for JSE:CHP:
Debt-to-Equity: 2.73 (446% above median its 10-year median of 0.50)
GF Value™: R0.83 vs. price of R1.00 (20.5% above fair value)
Industry Position: 391.9% above the Retail - Defensive median (#247 of 278)
No single metric tells the full story. See the JSE:CHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
38GF Score
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