Vastned NV (LTS:0ET5) Debt-to-Equity: 0.67 (As of Jun. 2026) — 72% Above Median

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Founder & CEO of GuruFocus
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LTS:0ET5 Vastned NV LTS:0ET5
63 GF Score
Price €28.15
GF Value €31.67
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Vastned NV Debt-to-Equity?

Vastned NV LTS:0ET5 +0.18% 63 Debt-to-Equity is 0.67 as of Jun. 2026, which is 72% above its 10-year median of 0.39. GuruFocus rates LTS:0ET5 with a GF Score™ of 63/100 and a GF Value™ of €31.67 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 683 REITs companies, Vastned NV ranks better than 59.3% on this metric.

Vastned NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €25.13 Mil. Vastned NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €471.87 Mil. Vastned NV's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €744.31 Mil. Vastned NV's debt to equity for the quarter that ended in Jun. 2026 was 0.67.

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

LTS:0ET5' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.39   Max: 0.72
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Vastned NV was 0.72. The lowest was 0.34. And the median was 0.39.

LTS:0ET5's Debt-to-Equity is ranked better than
59.3% of 683 companies
in the REITs industry
Industry Median: 0.78 vs LTS:0ET5: 0.67

Vastned NV  (LTS:0ET5) 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.


Vastned NV Debt-to-Equity Related Terms


Vastned NV Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vastned NV'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.

Vastned NV Debt-to-Equity Chart

Vastned NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.35 0.34 0.46 0.68

Vastned NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.36 0.46 0.72 0.68 0.67

LTS:0ET5 vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Vastned NV'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.


Vastned NV Debt-to-Equity vs REITs Industry

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

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


LTS:0ET5
63GF Score
Vastned NV LTS:0ET5
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vastned NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vastned NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Vastned NV's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.67 mean?
Vastned NV (LTS:0ET5) has a Debt-to-Equity of 0.67 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vastned NV and its competitors. This is 72% above median its historical median of 0.39. Over the past decade, Vastned NV's Debt-to-Equity has ranged from 0.34 to 0.72. According to the industry distribution chart, Vastned NV ranks #278 out of 683 companies in the REITs industry, placing it in the top 40.7%.
Is Vastned NV's Debt-to-Equity too high?
Vastned NV's current Debt-to-Equity of 0.67 is 72% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.72. The REITs industry median Debt-to-Equity is 0.78. Vastned NV's value of 0.67 is 14.1% below this industry median. Based on the distribution chart, Vastned NV ranks #278 out of 683 companies in the REITs industry, which is above the industry midpoint. Overall, Vastned NV has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Vastned NV ranks #278 out of 683 companies for Debt-to-Equity. This puts Vastned NV in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Vastned NV's value of 0.67 is 14.1% below this benchmark. Historically, Vastned NV's own Debt-to-Equity has ranged from 0.34 to 0.72 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.78, Vastned NV 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. Vastned NV's current Debt-to-Equity of 0.67 is 14.1% 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 Vastned NV 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. Vastned NV's current Debt-to-Equity is 0.67, which is 72% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Modestly Undervalued. The stock's GF Value™ is €31.67, compared to a current price of €28.15 — trading 11.1% below its estimated fair value. The current Debt-to-Equity is 0.67, which is 72% above median its 10-year median of 0.39 and 14.1% below the REITs industry median of 0.78. Vastned NV's overall GF Score™ is 63/100 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 Vastned NV (LTS:0ET5), the current Debt-to-Equity is 0.67 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 Vastned NV (LTS:0ET5) Overvalued in 2026?

Based on GuruFocus' analysis, Vastned NV stock appears to be undervalued. The current stock price of €28.15 is trading 11.1% below its estimated GF Value™ of €31.67. GuruFocus considers Vastned NV to be Modestly Undervalued.

Key valuation signals for LTS:0ET5:

  • Debt-to-Equity: 0.67 (72% above median its 10-year median of 0.39)
  • GF Value™: €31.67 vs. price of €28.15 (11.1% below fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 14.1% below the REITs median (#278 of 683)

No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vastned NV Business Description

Industry Real EstateREITs
Other Exchanges VASTB:Belgium
Address Generaal Lemanstraat 61, Antwerp, BEL, 2018
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
63GF Score

Get the complete analysis for LTS:0ET5

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

€28.15
Price
€31.67
GF Value