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Dipula PropertiesJSE:DIB +0.69%49 Debt-to-Equity is 0.56 as of Feb. 2026, which is 13% below its 10-year median of 0.64. GuruFocus rates JSE:DIB with a GF Score™ of 49/100 and a GF Value™ of R2.84 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 688 REITs companies, Dipula Properties ranks better than 67.44% 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 Dipula Properties's Debt-to-Equity or its related term are showing as below:
JSE:DIB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.64 Max: 0.7
Current: 0.56
During the past 13 years, the highest Debt-to-Equity Ratio of Dipula Properties was 0.70. The lowest was 0.56. And the median was 0.64.
JSE:DIB's Debt-to-Equity is ranked better than 67.44% of 688
companies
in the REITs industry
Industry Median: 0.78
vs JSE:DIB: 0.56
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.
Dipula Properties Debt-to-Equity Related Terms
Dipula Properties Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Dipula Properties'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 REIT - Retail subindustry, Dipula Properties'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.
Dipula Properties Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Dipula Properties's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Dipula Properties'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.
Dipula Properties (JSE:DIB) has a Debt-to-Equity of 0.56 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dipula Properties and its competitors. This is 13% below median its historical median of 0.64. Over the past decade, Dipula Properties' Debt-to-Equity has ranged from 0.56 to 0.70. According to the industry distribution chart, Dipula Properties ranks #224 out of 688 companies in the REITs industry, placing it in the top 32.6%.
Is Dipula Properties' Debt-to-Equity too high?
Dipula Properties' current Debt-to-Equity of 0.56 is 13% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.70. The REITs industry median Debt-to-Equity is 0.78. Dipula Properties' value of 0.56 is 28.2% below this industry median. Based on the distribution chart, Dipula Properties ranks #224 out of 688 companies in the REITs industry, which is above the industry midpoint. Overall, Dipula Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dipula Properties' Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Dipula Properties ranks #224 out of 688 companies for Debt-to-Equity. This puts Dipula Properties in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Dipula Properties' value of 0.56 is 28.2% below this benchmark. Historically, Dipula Properties' own Debt-to-Equity has ranged from 0.56 to 0.70 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.78, Dipula Properties 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 REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 688 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. Dipula Properties's current Debt-to-Equity of 0.56 is 28.2% 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 Dipula Properties and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dipula Properties's current Debt-to-Equity is 0.56, which is 13% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dipula Properties stock overvalued right now?
Based on GuruFocus' analysis, Dipula Properties (JSE:DIB) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.84, compared to a current price of R7.25 — trading 155.3% above its estimated fair value. The current Debt-to-Equity is 0.56, which is 13% below median its 10-year median of 0.64 and 28.2% below the REITs industry median of 0.78. Dipula Properties' overall GF Score™ is 49/100 with 11 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 Dipula Properties (JSE:DIB), the current Debt-to-Equity is 0.56 as of Feb. 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 Dipula Properties (JSE:DIB) Overvalued in 2026?
Based on GuruFocus' analysis, Dipula Properties stock appears to be overvalued.
The current stock price of R7.25 is trading 155.3% above its estimated GF Value™ of R2.84.
GuruFocus considers Dipula Properties to be Significantly Overvalued.
Key valuation signals for JSE:DIB:
Debt-to-Equity: 0.56 (13% below median its 10-year median of 0.64)
GF Value™: R2.84 vs. price of R7.25 (155.3% above fair value)
Industry Position: 28.2% below the REITs median (#224 of 688)
No single metric tells the full story. See the JSE:DIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dipula Properties Ltd is a South Africa-based real estate investment trust that owns a diversified property portfolio comprising defensive urban, township, and rural community retail centres. In addition to retail assets, the company also owns mid-sized industrial and logistics properties, office properties in urban areas, and affordable residential rental assets located in economically active regions across South Africa. The company's operating segments include Retail, Offices, Industrial, Land, Residential, and Corporate. The majority of its revenue is derived from the Retail segment, which represents income generated from its portfolio of shopping centres. The majority of its properties are located in Gauteng.
49GF Score
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