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Jardine Matheson HoldingsLSE:JAR 60 Debt-to-Equity is 0.62 as of Jun. 2026, which is 7% below its 10-year median of 0.67. GuruFocus rates LSE:JAR with a GF Score™ of 60/100 and a GF Value™ of $42.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 508 Conglomerates companies, Jardine Matheson Holdings ranks worse than 53.54% 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 Jardine Matheson Holdings's Debt-to-Equity or its related term are showing as below:
LSE:JAR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.67 Max: 0.8
Current: 0.62
During the past 13 years, the highest Debt-to-Equity Ratio of Jardine Matheson Holdings was 0.80. The lowest was 0.48. And the median was 0.67.
LSE:JAR's Debt-to-Equity is ranked worse than 53.54% of 508
companies
in the Conglomerates industry
Industry Median: 0.53
vs LSE:JAR: 0.62
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.
Jardine Matheson Holdings Debt-to-Equity Related Terms
Jardine Matheson Holdings Debt-to-Equity Historical Data
* 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 Conglomerates subindustry, Jardine Matheson Holdings'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.
Jardine Matheson Holdings Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Jardine Matheson Holdings'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.
Jardine Matheson Holdings (LSE:JAR) has a Debt-to-Equity of 0.62 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jardine Matheson Holdings and its competitors. This is near median its historical median of 0.67. Over the past decade, Jardine Matheson Holdings' Debt-to-Equity has ranged from 0.48 to 0.80. According to the industry distribution chart, Jardine Matheson Holdings ranks #272 out of 508 companies in the Conglomerates industry, placing it in the top 53.5%.
Is Jardine Matheson Holdings' Debt-to-Equity too high?
Jardine Matheson Holdings' current Debt-to-Equity of 0.62 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.80. The Conglomerates industry median Debt-to-Equity is 0.53. Jardine Matheson Holdings' value of 0.62 is 17% above this industry median. Based on the distribution chart, Jardine Matheson Holdings ranks #272 out of 508 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Jardine Matheson Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jardine Matheson Holdings' Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Jardine Matheson Holdings ranks #272 out of 508 companies for Debt-to-Equity. This places Jardine Matheson Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Jardine Matheson Holdings' value of 0.62 is 17% above this benchmark. Historically, Jardine Matheson Holdings' own Debt-to-Equity has ranged from 0.48 to 0.80 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.53, Jardine Matheson Holdings has consistently been above 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.53, based on 508 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. Jardine Matheson Holdings's current Debt-to-Equity of 0.62 is 17% above 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 Jardine Matheson Holdings and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Matheson Holdings's current Debt-to-Equity is 0.62, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Matheson Holdings stock overvalued right now?
Based on GuruFocus' analysis, Jardine Matheson Holdings (LSE:JAR) is currently considered Significantly Overvalued. The stock's GF Value™ is $42.32, compared to a current price of $62.50 — trading 47.7% above its estimated fair value. The current Debt-to-Equity is 0.62, which is near median its 10-year median of 0.67 and 17% above the Conglomerates industry median of 0.53. Jardine Matheson Holdings' overall GF Score™ is 60/100 with 5 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 Jardine Matheson Holdings (LSE:JAR), the current Debt-to-Equity is 0.62 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 Jardine Matheson Holdings (LSE:JAR) Overvalued in 2026?
Based on GuruFocus' analysis, Jardine Matheson Holdings stock appears to be overvalued.
The current stock price of $62.50 is trading 47.7% above its estimated GF Value™ of $42.32.
GuruFocus considers Jardine Matheson Holdings to be Significantly Overvalued.
Key valuation signals for LSE:JAR:
Debt-to-Equity: 0.62 (near median its 10-year median of 0.67)
GF Value™: $42.32 vs. price of $62.50 (47.7% above fair value)
Industry Position: 17% above the Conglomerates median (#272 of 508)
No single metric tells the full story. See the LSE:JAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jardine Matheson Holdings Ltd is a conglomerate of businesses operating in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, key businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.
60GF Score
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