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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.
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.
Precinct Properties NZ & Precinct Properties Investments Debt-to-Equity Related Terms
Precinct Properties NZ & Precinct Properties Investments 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.
* 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.
Precinct Properties NZ & Precinct Properties Investments Debt-to-Equity vs REITs Industry
* 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.
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a Debt-to-Equity of 0.70 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Precinct Properties NZ & Precinct Properties Investments and its competitors. This is 32% above median its historical median of 0.53. Over the past decade, Precinct Properties NZ & Precinct Properties Investments' Debt-to-Equity has ranged from 0.17 to 0.84. According to the industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #294 out of 684 companies in the REITs industry, placing it in the top 43%.
Is Precinct Properties NZ & Precinct Properties Investments' Debt-to-Equity too high?
Precinct Properties NZ & Precinct Properties Investments' current Debt-to-Equity of 0.70 is 32% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.84. The REITs industry median Debt-to-Equity is 0.78. Precinct Properties NZ & Precinct Properties Investments' value of 0.70 is 10.3% below this industry median. Based on the distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #294 out of 684 companies in the REITs industry, which is above the industry midpoint. Overall, Precinct Properties NZ & Precinct Properties Investments has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precinct Properties NZ & Precinct Properties Investments' Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #294 out of 684 companies for Debt-to-Equity. This puts Precinct Properties NZ & Precinct Properties Investments in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Precinct Properties NZ & Precinct Properties Investments' value of 0.70 is 10.3% below this benchmark. Historically, Precinct Properties NZ & Precinct Properties Investments' own Debt-to-Equity has ranged from 0.17 to 0.84 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.78, Precinct Properties NZ & Precinct Properties Investments 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 684 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. Precinct Properties NZ & Precinct Properties Investments's current Debt-to-Equity of 0.70 is 10.3% 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 Precinct Properties NZ & Precinct Properties Investments 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. Precinct Properties NZ & Precinct Properties Investments's current Debt-to-Equity is 0.70, which is 32% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precinct Properties NZ & Precinct Properties Investments stock overvalued right now?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.92, compared to a current price of NZ$1.03 — trading 12% above its estimated fair value. The current Debt-to-Equity is 0.70, which is 32% above median its 10-year median of 0.53 and 10.3% below the REITs industry median of 0.78. Precinct Properties NZ & Precinct Properties Investments' overall GF Score™ is 51/100 with 8 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 Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current Debt-to-Equity is 0.70 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 Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Overvalued in 2026?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments stock appears to be overvalued.
The current stock price of NZ$1.03 is trading 12% above its estimated GF Value™ of NZ$0.92.
GuruFocus considers Precinct Properties NZ & Precinct Properties Investments to be Modestly Overvalued.
Key valuation signals for NZSE:PCT:
Debt-to-Equity: 0.70 (32% above median its 10-year median of 0.53)
GF Value™: NZ$0.92 vs. price of NZ$1.03 (12% above fair value)
Industry Position: 10.3% below the REITs median (#294 of 684)
No single metric tells the full story. See the NZSE:PCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hotel and hospitality, Investment management, and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include AON Centre, NTT Tower, Jarden House, PwC Tower at Commercial Bay, and others.
51GF Score
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