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Aedes SpAMIL:AEDES 48 Debt-to-Equity is 0.90 as of Dec. 2025, which is 329% above its 10-year median of 0.21. GuruFocus rates MIL:AEDES with a GF Score™ of 48/100 and a GF Value™ of €4.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 683 REITs companies, Aedes SpA ranks better than 71.74% 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 Aedes SpA's Debt-to-Equity or its related term are showing as below:
MIL:AEDES'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: 0.9
Current: 0.51
During the past 13 years, the highest Debt-to-Equity Ratio of Aedes SpA was 0.90. The lowest was 0.02. And the median was 0.21.
MIL:AEDES's Debt-to-Equity is ranked better than 71.74% of 683
companies
in the REITs industry
Industry Median: 0.78
vs MIL:AEDES: 0.51
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.
Aedes SpA Debt-to-Equity Related Terms
Aedes SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Aedes SpA'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.
MIL:AEDES vs SPG, O, KIM: Debt-to-Equity Comparison
For the REIT - Retail subindustry, Aedes SpA'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.
Aedes SpA Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Aedes SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aedes SpA'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.
Aedes SpA (MIL:AEDES) has a Debt-to-Equity of 0.90 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aedes SpA and its competitors. This is 329% above median its historical median of 0.21. Over the past decade, Aedes SpA's Debt-to-Equity has ranged from 0.02 to 0.90. According to the industry distribution chart, Aedes SpA ranks #193 out of 683 companies in the REITs industry, placing it in the top 28.3%.
Is Aedes SpA's Debt-to-Equity too high?
Aedes SpA's current Debt-to-Equity of 0.90 is 329% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.90. The REITs industry median Debt-to-Equity is 0.78. Aedes SpA's value of 0.90 is 15.4% above this industry median. Based on the distribution chart, Aedes SpA ranks #193 out of 683 companies in the REITs industry, which is above the industry midpoint. Overall, Aedes SpA has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aedes SpA's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Aedes SpA ranks #193 out of 683 companies for Debt-to-Equity. This puts Aedes SpA in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Aedes SpA's value of 0.90 is 15.4% above this benchmark. Historically, Aedes SpA's own Debt-to-Equity has ranged from 0.02 to 0.90 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.78, Aedes SpA 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 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. Aedes SpA's current Debt-to-Equity of 0.90 is 15.4% 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 Aedes SpA 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. Aedes SpA's current Debt-to-Equity is 0.90, which is 329% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aedes SpA stock overvalued right now?
Based on GuruFocus' analysis, Aedes SpA (MIL:AEDES) is currently considered Possible Value Trap. The stock's GF Value™ is €4.24, compared to a current price of €0.86 — trading 79.7% below its estimated fair value. The current Debt-to-Equity is 0.90, which is 329% above median its 10-year median of 0.21 and 15.4% above the REITs industry median of 0.78. Aedes SpA's overall GF Score™ is 48/100 with 7 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 Aedes SpA (MIL:AEDES), the current Debt-to-Equity is 0.90 as of Dec. 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 Aedes SpA (MIL:AEDES) Overvalued in 2026?
Based on GuruFocus' analysis, Aedes SpA stock appears to be undervalued.
The current stock price of €0.86 is trading 79.7% below its estimated GF Value™ of €4.24.
GuruFocus considers Aedes SpA to be Possible Value Trap.
Key valuation signals for MIL:AEDES:
Debt-to-Equity: 0.90 (329% above median its 10-year median of 0.21)
GF Value™: €4.24 vs. price of €0.86 (79.7% below fair value)
Industry Position: 15.4% above the REITs median (#193 of 683)
No single metric tells the full story. See the MIL:AEDES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aedes SpA operates in the real estate sector in Italy and internationally. Its two business lines, acquiring income properties to compete with the performances of European REITs and, on the other, creating a new generation of shopping and leisure centers through its pipeline development.
48GF Score
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