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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 Nippon Prologis REIT's Debt-to-Equity or its related term are showing as below:
NPONF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 0.65 Max: 0.73
Current: 0.73
During the past 12 years, the highest Debt-to-Equity Ratio of Nippon Prologis REIT was 0.73. The lowest was 0.61. And the median was 0.65.
NPONF's Debt-to-Equity is ranked better than 55.34% of 683
companies
in the REITs industry
Industry Median: 0.78
vs NPONF: 0.73
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.
Nippon Prologis REIT Debt-to-Equity Related Terms
Nippon Prologis REIT Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nippon Prologis REIT'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.
For the REIT - Industrial subindustry, Nippon Prologis REIT'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.
Nippon Prologis REIT Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Prologis REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nippon Prologis REIT'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.
Nippon Prologis REIT (NPONF) has a Debt-to-Equity of 0.73 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nippon Prologis REIT and its competitors. This is 12% above median its historical median of 0.65. Over the past decade, Nippon Prologis REIT's Debt-to-Equity has ranged from 0.61 to 0.73. According to the industry distribution chart, Nippon Prologis REIT ranks #305 out of 683 companies in the REITs industry, placing it in the top 44.7%.
Is Nippon Prologis REIT's Debt-to-Equity too high?
Nippon Prologis REIT's current Debt-to-Equity of 0.73 is 12% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 0.73. The REITs industry median Debt-to-Equity is 0.78. Nippon Prologis REIT's value of 0.73 is 6.4% below this industry median. Based on the distribution chart, Nippon Prologis REIT ranks #305 out of 683 companies in the REITs industry, which is above the industry midpoint. Overall, Nippon Prologis REIT has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Prologis REIT's Debt-to-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Nippon Prologis REIT ranks #305 out of 683 companies for Debt-to-Equity. This puts Nippon Prologis REIT in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Nippon Prologis REIT's value of 0.73 is 6.4% below this benchmark. Historically, Nippon Prologis REIT's own Debt-to-Equity has ranged from 0.61 to 0.73 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.78, Nippon Prologis REIT 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. Nippon Prologis REIT's current Debt-to-Equity of 0.73 is 6.4% 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 Nippon Prologis REIT 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. Nippon Prologis REIT's current Debt-to-Equity is 0.73, which is 12% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Prologis REIT stock overvalued right now?
Nippon Prologis REIT (NPONF) has a current Debt-to-Equity of 0.73. The stock's GF Value™ is $531.73, compared to a current price of $532.49 — trading 0.1% above its estimated fair value. The current Debt-to-Equity is 0.73, which is 12% above median its 10-year median of 0.65 and 6.4% below the REITs industry median of 0.78. Nippon Prologis REIT's overall GF Score™ is 75/100 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 Nippon Prologis REIT (NPONF), the current Debt-to-Equity is 0.73 as of May. 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 Nippon Prologis REIT (NPONF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Prologis REIT stock appears to be overvalued.
The current stock price of $532.49 is trading 0.1% above its estimated GF Value™ of $531.73.
Key valuation signals for NPONF:
Debt-to-Equity: 0.73 (12% above median its 10-year median of 0.65)
GF Value™: $531.73 vs. price of $532.49 (0.1% above fair value)
Industry Position: 6.4% below the REITs median (#305 of 683)
No single metric tells the full story. See the NPONF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Prologis REIT Inc is focused on logistics facilities in Japan. Its investment objective is to maximize unit holder value through a portfolio that generates stable income and achieves steady growth. It invests in high quality Class-A logistics facilities, owning and operating them for medium- to long-term purposes.
75GF Score
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