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Keppel REITKREVF -2.44%61 Debt-to-Equity is 0.44 as of Jun. 2026, which is 14% below its 10-year median of 0.51. GuruFocus rates KREVF with a GF Score™ of 61/100 and a GF Value™ of $0.70 (Fairly Valued). The stock has 8 warning signs investors should review. Among 684 REITs companies, Keppel REIT ranks better than 77.19% 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 Keppel REIT's Debt-to-Equity or its related term are showing as below:
KREVF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.51 Max: 0.68
Current: 0.44
During the past 13 years, the highest Debt-to-Equity Ratio of Keppel REIT was 0.68. The lowest was 0.44. And the median was 0.51.
KREVF's Debt-to-Equity is ranked better than 77.19% of 684
companies
in the REITs industry
Industry Median: 0.78
vs KREVF: 0.44
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.
Keppel REIT Debt-to-Equity Related Terms
Keppel REIT Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Keppel REIT'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 - Office subindustry, Keppel REIT'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.
Keppel REIT Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Keppel REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Keppel REIT'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.
Keppel REIT (KREVF) has a Debt-to-Equity of 0.44 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Keppel REIT and its competitors. This is 14% below median its historical median of 0.51. Over the past decade, Keppel REIT's Debt-to-Equity has ranged from 0.44 to 0.68. According to the industry distribution chart, Keppel REIT ranks #156 out of 684 companies in the REITs industry, placing it in the top 22.8%.
Is Keppel REIT's Debt-to-Equity too high?
Keppel REIT's current Debt-to-Equity of 0.44 is 14% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.68. The REITs industry median Debt-to-Equity is 0.78. Keppel REIT's value of 0.44 is 43.6% below this industry median. Based on the distribution chart, Keppel REIT ranks #156 out of 684 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Keppel REIT has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel REIT's Debt-to-Equity compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel REIT ranks #156 out of 684 companies for Debt-to-Equity. This places Keppel REIT in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Keppel REIT's value of 0.44 is 43.6% below this benchmark. Historically, Keppel REIT's own Debt-to-Equity has ranged from 0.44 to 0.68 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.78, Keppel REIT 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 684 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. Keppel REIT's current Debt-to-Equity of 0.44 is 43.6% 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 Keppel REIT 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. Keppel REIT's current Debt-to-Equity is 0.44, which is 14% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel REIT (KREVF) is currently considered Fairly Valued. The stock's GF Value™ is $0.70, compared to a current price of $0.66 — trading 5.8% below its estimated fair value. The current Debt-to-Equity is 0.44, which is 14% below median its 10-year median of 0.51 and 43.6% below the REITs industry median of 0.78. Keppel REIT's overall GF Score™ is 61/100 with 8 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 Keppel REIT (KREVF), the current Debt-to-Equity is 0.44 as of Jun. 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 Keppel REIT (KREVF) Overvalued in 2026?
Based on GuruFocus' analysis, Keppel REIT stock appears to be undervalued.
The current stock price of $0.66 is trading 5.8% below its estimated GF Value™ of $0.70.
GuruFocus considers Keppel REIT to be Fairly Valued.
Key valuation signals for KREVF:
Debt-to-Equity: 0.44 (14% below median its 10-year median of 0.51)
GF Value™: $0.70 vs. price of $0.66 (5.8% below fair value)
Industry Position: 43.6% below the REITs median (#156 of 684)
No single metric tells the full story. See the KREVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keppel REIT is a commercial real estate investment trust with a SGD 11.7 billion portfolio of assets (as of Dec. 31, 2025) across Singapore, Australia, South Korea, and Japan. The majority of its assets are in Singapore, where it owns a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, 66.7% stake in Marina Bay Financial Centre 3 and a 33.33% stake in Marina Bay Financial Centre 1 and 2 and One Raffles Quay. The trust is externally managed by Keppel REIT Management, a subsidiary of Keppel Capital. Parent Keppel Ltd. currently retains an approximate 38% stake in Keppel REIT.
61GF Score
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