Redefine Properties (JSE:RDF) Debt-to-Equity: 0.76 (As of Feb. 2026) — Near Median

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JSE:RDF Redefine Properties Ltd JSE:RDF
56 GF Score
Price R6.41
GF Value R3.72
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Redefine Properties Debt-to-Equity?

Redefine Properties JSE:RDF +2.07% 56 Debt-to-Equity is 0.76 as of Feb. 2026, which is 3% below its 10-year median of 0.78. GuruFocus rates JSE:RDF with a GF Score™ of 56/100 and a GF Value™ of R3.72 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 683 REITs companies, Redefine Properties ranks better than 51.68% on this metric.

Redefine Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R2,991 Mil. Redefine Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R39,527 Mil. Redefine Properties's Total Stockholders Equity for the quarter that ended in Feb. 2026 was R56,217 Mil. Redefine Properties's debt to equity for the quarter that ended in Feb. 2026 was 0.76.

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

JSE:RDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58   Med: 0.78   Max: 0.96
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Redefine Properties was 0.96. The lowest was 0.58. And the median was 0.78.

JSE:RDF's Debt-to-Equity is ranked better than
51.68% of 683 companies
in the REITs industry
Industry Median: 0.78 vs JSE:RDF: 0.76

Redefine Properties  (JSE:RDF) 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.


Redefine Properties Debt-to-Equity Related Terms


Redefine Properties Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Redefine 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.

Redefine Properties Debt-to-Equity Chart

Redefine Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.78 0.78 0.82 0.79

Redefine Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.82 0.79 0.79 0.76

JSE:RDF vs VICI, WPC: Debt-to-Equity Comparison

For the REIT - Diversified subindustry, Redefine 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.


Redefine Properties Debt-to-Equity vs REITs Industry

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

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


JSE:RDF
56GF Score
Redefine Properties Ltd JSE:RDF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redefine Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Redefine Properties's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Redefine Properties's Debt to Equity Ratio for the quarter that ended in Feb. 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 0.76 mean?
Redefine Properties (JSE:RDF) has a Debt-to-Equity of 0.76 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Redefine Properties and its competitors. This is near median its historical median of 0.78. Over the past decade, Redefine Properties' Debt-to-Equity has ranged from 0.58 to 0.96. According to the industry distribution chart, Redefine Properties ranks #330 out of 683 companies in the REITs industry, placing it in the top 48.3%.
Is Redefine Properties' Debt-to-Equity too high?
Redefine Properties' current Debt-to-Equity of 0.76 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.96. The REITs industry median Debt-to-Equity is 0.78. Redefine Properties' value of 0.76 is 2.6% below this industry median. Based on the distribution chart, Redefine Properties ranks #330 out of 683 companies in the REITs industry, which is above the industry midpoint. Overall, Redefine Properties has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #330 out of 683 companies for Debt-to-Equity. This puts Redefine Properties in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Redefine Properties' value of 0.76 is 2.6% below this benchmark. Historically, Redefine Properties' own Debt-to-Equity has ranged from 0.58 to 0.96 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.78, Redefine 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 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. Redefine Properties's current Debt-to-Equity of 0.76 is 2.6% 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 Redefine 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. Redefine Properties's current Debt-to-Equity is 0.76, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.72, compared to a current price of R6.41 — trading 72.3% above its estimated fair value. The current Debt-to-Equity is 0.76, which is near median its 10-year median of 0.78 and 2.6% below the REITs industry median of 0.78. Redefine Properties' overall GF Score™ is 56/100 with 9 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 Redefine Properties (JSE:RDF), the current Debt-to-Equity is 0.76 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 Redefine Properties (JSE:RDF) Overvalued in 2026?

Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued. The current stock price of R6.41 is trading 72.3% above its estimated GF Value™ of R3.72. GuruFocus considers Redefine Properties to be Significantly Overvalued.

Key valuation signals for JSE:RDF:

  • Debt-to-Equity: 0.76 (near median its 10-year median of 0.78)
  • GF Value™: R3.72 vs. price of R6.41 (72.3% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 2.6% below the REITs median (#330 of 683)

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


Redefine Properties Business Description

Industry Real EstateREITs
Other Exchanges RDPEF:USA
Address 155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
56GF Score

Get the complete analysis for JSE:RDF

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

R6.41
Price
R3.72
GF Value