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DeveliaWAR:DVL +1.69%88 Debt-to-Equity is 0.45 as of Mar. 2026, which is 32% below its 10-year median of 0.66. GuruFocus rates WAR:DVL with a GF Score™ of 88/100 and a GF Value™ of zł8.36 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,543 Real Estate companies, Develia ranks better than 63.64% 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 Develia's Debt-to-Equity or its related term are showing as below:
WAR:DVL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.66 Max: 0.85
Current: 0.45
During the past 13 years, the highest Debt-to-Equity Ratio of Develia was 0.85. The lowest was 0.45. And the median was 0.66.
WAR:DVL's Debt-to-Equity is ranked better than 63.64% of 1543
companies
in the Real Estate industry
Industry Median: 0.75
vs WAR:DVL: 0.45
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.
Develia Debt-to-Equity Related Terms
Develia Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Develia'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 Real Estate - Development subindustry, Develia'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.
Develia Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Develia's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Develia'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.
Develia (WAR:DVL) has a Debt-to-Equity of 0.45 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Develia and its competitors. This is 32% below median its historical median of 0.66. Over the past decade, Develia's Debt-to-Equity has ranged from 0.45 to 0.85. According to the industry distribution chart, Develia ranks #561 out of 1543 companies in the Real Estate industry, placing it in the top 36.4%.
Is Develia's Debt-to-Equity too high?
Develia's current Debt-to-Equity of 0.45 is 32% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 0.85. The Real Estate industry median Debt-to-Equity is 0.75. Develia's value of 0.45 is 40% below this industry median. Based on the distribution chart, Develia ranks #561 out of 1543 companies in the Real Estate industry, which is above the industry midpoint. Overall, Develia has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Develia's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Develia ranks #561 out of 1543 companies for Debt-to-Equity. This puts Develia in the upper half of its industry. The industry median Debt-to-Equity is 0.75. Develia's value of 0.45 is 40% below this benchmark. Historically, Develia's own Debt-to-Equity has ranged from 0.45 to 0.85 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.75, Develia 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,543 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. Develia's current Debt-to-Equity of 0.45 is 40% 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 Develia and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Develia's current Debt-to-Equity is 0.45, which is 32% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develia stock overvalued right now?
Based on GuruFocus' analysis, Develia (WAR:DVL) is currently considered Modestly Overvalued. The stock's GF Value™ is zł8.36, compared to a current price of zł10.86 — trading 29.9% above its estimated fair value. The current Debt-to-Equity is 0.45, which is 32% below median its 10-year median of 0.66 and 40% below the Real Estate industry median of 0.75. Develia's overall GF Score™ is 88/100 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 Develia (WAR:DVL), the current Debt-to-Equity is 0.45 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 Develia (WAR:DVL) Overvalued in 2026?
Based on GuruFocus' analysis, Develia stock appears to be overvalued.
The current stock price of zł10.86 is trading 29.9% above its estimated GF Value™ of zł8.36.
GuruFocus considers Develia to be Modestly Overvalued.
Key valuation signals for WAR:DVL:
Debt-to-Equity: 0.45 (32% below median its 10-year median of 0.66)
GF Value™: zł8.36 vs. price of zł10.86 (29.9% above fair value)
Industry Position: 40% below the Real Estate median (#561 of 1543)
No single metric tells the full story. See the WAR:DVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develia SA is a Poland based real estate developer. The company executes commercial and residential investment projects. It is engaged in activities, consisting of the purchasing of real estate and the development of residential, office, commercial or retail projects, and the sale or lease of premises. Its properties are built in Polish cities including Warsaw, Wroclaw, Krakow, Katowice, Gdansk, and Lodz.
88GF Score
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