Fairvest (JSE:FTB) Debt-to-Equity: 0.40 (As of Mar. 2026) — 23% Below Median

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Director of Data and Quant Analytics at GuruFocus
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JSE:FTB Fairvest Ltd JSE:FTB
50 GF Score
Price R6.95
GF Value R3.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fairvest Debt-to-Equity?

Fairvest JSE:FTB +0.87% 50 Debt-to-Equity is 0.40 as of Mar. 2026, which is 23% below its 10-year median of 0.52. GuruFocus rates JSE:FTB with a GF Score™ of 50/100 and a GF Value™ of R3.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 683 REITs companies, Fairvest ranks better than 80.97% on this metric.

Fairvest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R1,293 Mil. Fairvest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R3,112 Mil. Fairvest's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R11,047 Mil. Fairvest's debt to equity for the quarter that ended in Mar. 2026 was 0.40.

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 Fairvest's Debt-to-Equity or its related term are showing as below:

JSE:FTB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 0.63
Current: 0.4

During the past 4 years, the highest Debt-to-Equity Ratio of Fairvest was 0.63. The lowest was 0.36. And the median was 0.52.

JSE:FTB's Debt-to-Equity is ranked better than
80.97% of 683 companies
in the REITs industry
Industry Median: 0.78 vs JSE:FTB: 0.40

Fairvest  (JSE:FTB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Fairvest Debt-to-Equity Related Terms


Fairvest Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fairvest'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.

Fairvest Debt-to-Equity Chart

Fairvest Annual Data
Trend Jun21 Sep23 Sep24 Sep25
Debt-to-Equity
0.49 0.55 0.53 0.36

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial 0.53 0.53 0.50 0.36 0.40

JSE:FTB vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Fairvest'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.


Fairvest Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Fairvest's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fairvest's Debt-to-Equity falls into.


JSE:FTB
50GF Score
Fairvest Ltd JSE:FTB
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Fairvest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fairvest's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Fairvest's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.40 mean?
Fairvest (JSE:FTB) has a Debt-to-Equity of 0.40 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fairvest and its competitors. This is 23% below median its historical median of 0.52. Over the past decade, Fairvest's Debt-to-Equity has ranged from 0.36 to 0.63. According to the industry distribution chart, Fairvest ranks #130 out of 683 companies in the REITs industry, placing it in the top 19%.
Is Fairvest's Debt-to-Equity too high?
Fairvest's current Debt-to-Equity of 0.40 is 23% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.63. The REITs industry median Debt-to-Equity is 0.78. Fairvest's value of 0.40 is 48.7% below this industry median. Based on the distribution chart, Fairvest ranks #130 out of 683 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fairvest has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fairvest's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Fairvest ranks #130 out of 683 companies for Debt-to-Equity. This places Fairvest in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Fairvest's value of 0.40 is 48.7% below this benchmark. Historically, Fairvest's own Debt-to-Equity has ranged from 0.36 to 0.63 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.78, Fairvest 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 683 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. Fairvest's current Debt-to-Equity of 0.40 is 48.7% 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 Fairvest 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. Fairvest's current Debt-to-Equity is 0.40, which is 23% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairvest stock overvalued right now?
Based on GuruFocus' analysis, Fairvest (JSE:FTB) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.70, compared to a current price of R6.95 — trading 87.8% above its estimated fair value. The current Debt-to-Equity is 0.40, which is 23% below median its 10-year median of 0.52 and 48.7% below the REITs industry median of 0.78. Fairvest's overall GF Score™ is 50/100 with 6 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 Fairvest (JSE:FTB), the current Debt-to-Equity is 0.40 as of Mar. 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 Fairvest (JSE:FTB) Overvalued in 2026?

Based on GuruFocus' analysis, Fairvest stock appears to be overvalued. The current stock price of R6.95 is trading 87.8% above its estimated GF Value™ of R3.70. GuruFocus considers Fairvest to be Significantly Overvalued.

Key valuation signals for JSE:FTB:

  • Debt-to-Equity: 0.40 (23% below median its 10-year median of 0.52)
  • GF Value™: R3.70 vs. price of R6.95 (87.8% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 48.7% below the REITs median (#130 of 683)

No single metric tells the full story. See the JSE:FTB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fairvest Business Description

Industry Real EstateREITs
Address 1 Sturdee Avenue, Rosebank, 3rd Floor, Upper Building, Johannesburg, GT, ZAF, 2196
Fairvest Ltd is a diversified real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial and Retail, Residential and overheads. The majority is from the Retail segment. Geographically, it is located in South Africa but its geographic segments ranges in Gauteng, Western Cape, KwaZuluNatal, Eastern Cape, Limpopo, Mpumalanga, North West Northern Cape,Free State and Other. The key revenue here is observed in the western cape region.
50GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R6.95
Price
R3.70
GF Value