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AX Real EstateMAL:AXR 29 Debt-to-Equity is 0.57 as of Oct. 2025, which is 14% below its 10-year median of 0.66. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.82 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,539 Real Estate companies, AX Real Estate ranks better than 57.44% 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 AX Real Estate's Debt-to-Equity or its related term are showing as below:
MAL:AXR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.66 Max: 0.82
Current: 0.57
During the past 4 years, the highest Debt-to-Equity Ratio of AX Real Estate was 0.82. The lowest was 0.57. And the median was 0.66.
MAL:AXR's Debt-to-Equity is ranked better than 57.44% of 1539
companies
in the Real Estate industry
Industry Median: 0.73
vs MAL:AXR: 0.57
AX Real Estate (MAL:AXR) 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.
AX Real Estate Debt-to-Equity Related Terms
AX Real Estate Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for AX Real Estate'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.
AX Real Estate Debt-to-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, AX Real Estate'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.
AX Real Estate Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AX Real Estate's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AX Real Estate'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.
AX Real Estate (MAL:AXR) has a Debt-to-Equity of 0.57 as of Oct. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AX Real Estate and its competitors. This is 14% below median its historical median of 0.66. Over the past decade, AX Real Estate's Debt-to-Equity has ranged from 0.57 to 0.82. According to the industry distribution chart, AX Real Estate ranks #655 out of 1539 companies in the Real Estate industry, placing it in the top 42.6%.
Is AX Real Estate's Debt-to-Equity too high?
AX Real Estate's current Debt-to-Equity of 0.57 is 14% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.82. The Real Estate industry median Debt-to-Equity is 0.73. AX Real Estate's value of 0.57 is 21.9% below this industry median. Based on the distribution chart, AX Real Estate ranks #655 out of 1539 companies in the Real Estate industry, which is above the industry midpoint. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, AX Real Estate ranks #655 out of 1539 companies for Debt-to-Equity. This puts AX Real Estate in the upper half of its industry. The industry median Debt-to-Equity is 0.73. AX Real Estate's value of 0.57 is 21.9% below this benchmark. Historically, AX Real Estate's own Debt-to-Equity has ranged from 0.57 to 0.82 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.73, AX Real Estate 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,539 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. AX Real Estate's current Debt-to-Equity of 0.57 is 21.9% 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 AX Real Estate and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AX Real Estate's current Debt-to-Equity is 0.57, which is 14% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.82, compared to a current price of €0.49 — trading 40.2% below its estimated fair value. The current Debt-to-Equity is 0.57, which is 14% below median its 10-year median of 0.66 and 21.9% below the Real Estate industry median of 0.73. AX Real Estate's overall GF Score™ is 29/100 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 AX Real Estate (MAL:AXR), the current Debt-to-Equity is 0.57 as of Oct. 2025. 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 AX Real Estate (MAL:AXR) Overvalued in 2026?
Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued.
The current stock price of €0.49 is trading 40.2% below its estimated GF Value™ of €0.82.
GuruFocus considers AX Real Estate to be Possible Value Trap.
Key valuation signals for MAL:AXR:
Debt-to-Equity: 0.57 (14% below median its 10-year median of 0.66)
GF Value™: €0.82 vs. price of €0.49 (40.2% below fair value)
Industry Position: 21.9% below the Real Estate median (#655 of 1539)
No single metric tells the full story. See the MAL:AXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
29GF Score
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