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SM Prime HoldingsPHS:SMPH +2.31%90 Debt-to-Equity is 0.90 as of Mar. 2026, which is at its 10-year median of 0.90. GuruFocus rates PHS:SMPH with a GF Score™ of 90/100 and a GF Value™ of ₱28.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,541 Real Estate companies, SM Prime Holdings ranks worse than 57.62% 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 SM Prime Holdings's Debt-to-Equity or its related term are showing as below:
PHS:SMPH'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.71 Med: 0.9 Max: 1.12
Current: 0.9
During the past 13 years, the highest Debt-to-Equity Ratio of SM Prime Holdings was 1.12. The lowest was 0.71. And the median was 0.90.
PHS:SMPH's Debt-to-Equity is ranked worse than 57.62% of 1541
companies
in the Real Estate industry
Industry Median: 0.73
vs PHS:SMPH: 0.90
SM Prime Holdings (PHS:SMPH) 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.
SM Prime Holdings Debt-to-Equity Related Terms
SM Prime Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for SM Prime Holdings'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.
SM Prime Holdings Debt-to-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, SM Prime Holdings'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.
SM Prime Holdings Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, SM Prime Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SM Prime Holdings'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.
SM Prime Holdings (PHS:SMPH) has a Debt-to-Equity of 0.90 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SM Prime Holdings and its competitors. This is near median its historical median of 0.90. Over the past decade, SM Prime Holdings' Debt-to-Equity has ranged from 0.71 to 1.12. According to the industry distribution chart, SM Prime Holdings ranks #888 out of 1541 companies in the Real Estate industry, placing it in the top 57.6%.
Is SM Prime Holdings' Debt-to-Equity too high?
SM Prime Holdings' current Debt-to-Equity of 0.90 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.12. The Real Estate industry median Debt-to-Equity is 0.73. SM Prime Holdings' value of 0.90 is 23.3% above this industry median. Based on the distribution chart, SM Prime Holdings ranks #888 out of 1541 companies in the Real Estate industry, which is below the industry midpoint. Overall, SM Prime Holdings has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Prime Holdings' Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, SM Prime Holdings ranks #888 out of 1541 companies for Debt-to-Equity. This places SM Prime Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.73. SM Prime Holdings' value of 0.90 is 23.3% above this benchmark. Historically, SM Prime Holdings' own Debt-to-Equity has ranged from 0.71 to 1.12 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.73, SM Prime Holdings 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,541 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. SM Prime Holdings's current Debt-to-Equity of 0.90 is 23.3% 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 SM Prime Holdings 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. SM Prime Holdings's current Debt-to-Equity is 0.90, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Prime Holdings stock overvalued right now?
Based on GuruFocus' analysis, SM Prime Holdings (PHS:SMPH) is currently considered Possible Value Trap. The stock's GF Value™ is ₱28.32, compared to a current price of ₱18.62 — trading 34.3% below its estimated fair value. The current Debt-to-Equity is 0.90, which is near median its 10-year median of 0.90 and 23.3% above the Real Estate industry median of 0.73. SM Prime Holdings' overall GF Score™ is 90/100 with 4 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 SM Prime Holdings (PHS:SMPH), the current Debt-to-Equity is 0.90 as of Mar. 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 SM Prime Holdings (PHS:SMPH) Overvalued in 2026?
Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued.
The current stock price of ₱18.62 is trading 34.3% below its estimated GF Value™ of ₱28.32.
GuruFocus considers SM Prime Holdings to be Possible Value Trap.
Key valuation signals for PHS:SMPH:
Debt-to-Equity: 0.90 (near median its 10-year median of 0.90)
GF Value™: ₱28.32 vs. price of ₱18.62 (34.3% below fair value)
Industry Position: 23.3% above the Real Estate median (#888 of 1541)
No single metric tells the full story. See the PHS:SMPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
90GF Score
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