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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 Hankyu Hanshin REIT's Debt-to-Equity or its related term are showing as below:
TSE:8977'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 0.89 Max: 1.01
Current: 1
During the past 13 years, the highest Debt-to-Equity Ratio of Hankyu Hanshin REIT was 1.01. The lowest was 0.86. And the median was 0.89.
TSE:8977's Debt-to-Equity is ranked worse than 68.18% of 682
companies
in the REITs industry
Industry Median: 0.78
vs TSE:8977: 1.00
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.
Hankyu Hanshin REIT Debt-to-Equity Related Terms
Hankyu Hanshin REIT Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hankyu Hanshin 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 - Diversified subindustry, Hankyu Hanshin 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.
Hankyu Hanshin REIT Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hankyu Hanshin 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.
Hankyu Hanshin REIT (TSE:8977) has a Debt-to-Equity of 1.00 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hankyu Hanshin REIT and its competitors. This is 12% above median its historical median of 0.89. Over the past decade, Hankyu Hanshin REIT's Debt-to-Equity has ranged from 0.86 to 1.01. According to the industry distribution chart, Hankyu Hanshin REIT ranks #465 out of 682 companies in the REITs industry, placing it in the top 68.2%.
Is Hankyu Hanshin REIT's Debt-to-Equity too high?
Hankyu Hanshin REIT's current Debt-to-Equity of 1.00 is 12% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.01. The REITs industry median Debt-to-Equity is 0.78. Hankyu Hanshin REIT's value of 1.00 is 28.2% above this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #465 out of 682 companies in the REITs industry, which is below the industry midpoint. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #465 out of 682 companies for Debt-to-Equity. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Hankyu Hanshin REIT's value of 1.00 is 28.2% above this benchmark. Historically, Hankyu Hanshin REIT's own Debt-to-Equity has ranged from 0.86 to 1.01 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.78, Hankyu Hanshin REIT 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 682 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. Hankyu Hanshin REIT's current Debt-to-Equity of 1.00 is 28.2% 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 Hankyu Hanshin 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. Hankyu Hanshin REIT's current Debt-to-Equity is 1.00, which is 12% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円154,878.58, compared to a current price of 円136,400.00 — trading 11.9% below its estimated fair value. The current Debt-to-Equity is 1.00, which is 12% above median its 10-year median of 0.89 and 28.2% above the REITs industry median of 0.78. Hankyu Hanshin REIT's overall GF Score™ is 58/100 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 Hankyu Hanshin REIT (TSE:8977), the current Debt-to-Equity is 1.00 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?
Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued.
The current stock price of 円136,400.00 is trading 11.9% below its estimated GF Value™ of 円154,878.58.
GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.
Key valuation signals for TSE:8977:
Debt-to-Equity: 1.00 (12% above median its 10-year median of 0.89)
GF Value™: 円154,878.58 vs. price of 円136,400.00 (11.9% below fair value)
Industry Position: 28.2% above the REITs median (#465 of 682)
No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score
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