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Kiwi Property GroupKWIPF 41 Debt-to-Equity is 0.66 as of Mar. 2026, which is 22% above its 10-year median of 0.54. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.47 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 689 REITs companies, Kiwi Property Group ranks better than 60.23% 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 Kiwi Property Group's Debt-to-Equity or its related term are showing as below:
KWIPF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.54 Max: 0.69
Current: 0.66
During the past 12 years, the highest Debt-to-Equity Ratio of Kiwi Property Group was 0.69. The lowest was 0.46. And the median was 0.54.
KWIPF's Debt-to-Equity is ranked better than 60.23% of 689
companies
in the REITs industry
Industry Median: 0.78
vs KWIPF: 0.66
Kiwi Property Group (OTCPK:KWIPF) Debt-to-Equity Explanation
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.
Kiwi Property Group Debt-to-Equity Related Terms
Kiwi Property Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kiwi Property Group'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.
KWIPF vs VICI, WPC, BNL: Debt-to-Equity Comparison
For the REIT - Diversified subindustry, Kiwi Property Group'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.
Kiwi Property Group Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Kiwi Property Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kiwi Property Group'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.
Kiwi Property Group (KWIPF) has a Debt-to-Equity of 0.66 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kiwi Property Group and its competitors. This is 22% above median its historical median of 0.54. Over the past decade, Kiwi Property Group's Debt-to-Equity has ranged from 0.46 to 0.69. According to the industry distribution chart, Kiwi Property Group ranks #274 out of 689 companies in the REITs industry, placing it in the top 39.8%.
Is Kiwi Property Group's Debt-to-Equity too high?
Kiwi Property Group's current Debt-to-Equity of 0.66 is 22% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.69. The REITs industry median Debt-to-Equity is 0.78. Kiwi Property Group's value of 0.66 is 15.4% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #274 out of 689 companies in the REITs industry, which is above the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #274 out of 689 companies for Debt-to-Equity. This puts Kiwi Property Group in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Kiwi Property Group's value of 0.66 is 15.4% below this benchmark. Historically, Kiwi Property Group's own Debt-to-Equity has ranged from 0.46 to 0.69 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.78, Kiwi Property Group 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 689 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. Kiwi Property Group's current Debt-to-Equity of 0.66 is 15.4% 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 Kiwi Property Group 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. Kiwi Property Group's current Debt-to-Equity is 0.66, which is 22% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.47, compared to a current price of $0.53 — trading 13% above its estimated fair value. The current Debt-to-Equity is 0.66, which is 22% above median its 10-year median of 0.54 and 15.4% below the REITs industry median of 0.78. Kiwi Property Group's overall GF Score™ is 41/100 with 10 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 Kiwi Property Group (KWIPF), the current Debt-to-Equity is 0.66 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 Kiwi Property Group (KWIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued.
The current stock price of $0.53 is trading 13% above its estimated GF Value™ of $0.47.
GuruFocus considers Kiwi Property Group to be Modestly Overvalued.
Key valuation signals for KWIPF:
Debt-to-Equity: 0.66 (22% above median its 10-year median of 0.54)
GF Value™: $0.47 vs. price of $0.53 (13% above fair value)
Industry Position: 15.4% below the REITs median (#274 of 689)
No single metric tells the full story. See the KWIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score
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