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HorticoWAR:HOR 90 Debt-to-Equity is 0.23 as of Mar. 2026, which is 34% below its 10-year median of 0.35. GuruFocus rates WAR:HOR with a GF Score™ of 90/100 and a GF Value™ of zł7.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 149 Industrial Distribution companies, Hortico ranks better than 67.11% 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 Hortico's Debt-to-Equity or its related term are showing as below:
WAR:HOR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.35 Max: 0.93
Current: 0.23
During the past 13 years, the highest Debt-to-Equity Ratio of Hortico was 0.93. The lowest was 0.01. And the median was 0.35.
WAR:HOR's Debt-to-Equity is ranked better than 67.11% of 149
companies
in the Industrial Distribution industry
Industry Median: 0.48
vs WAR:HOR: 0.23
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.
Hortico Debt-to-Equity Related Terms
Hortico Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hortico'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.
WAR:HOR vs GWW, FAST, FERG: Debt-to-Equity Comparison
For the Industrial Distribution subindustry, Hortico'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.
Hortico Debt-to-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hortico's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hortico'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.
Hortico (WAR:HOR) has a Debt-to-Equity of 0.23 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hortico and its competitors. This is 34% below median its historical median of 0.35. Over the past decade, Hortico's Debt-to-Equity has ranged from 0.01 to 0.93. According to the industry distribution chart, Hortico ranks #49 out of 149 companies in the Industrial Distribution industry, placing it in the top 32.9%.
Is Hortico's Debt-to-Equity too high?
Hortico's current Debt-to-Equity of 0.23 is 34% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.93. The Industrial Distribution industry median Debt-to-Equity is 0.48. Hortico's value of 0.23 is 52.1% below this industry median. Based on the distribution chart, Hortico ranks #49 out of 149 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Hortico has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hortico's Debt-to-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hortico ranks #49 out of 149 companies for Debt-to-Equity. This puts Hortico in the upper half of its industry. The industry median Debt-to-Equity is 0.48. Hortico's value of 0.23 is 52.1% below this benchmark. Historically, Hortico's own Debt-to-Equity has ranged from 0.01 to 0.93 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.48, Hortico 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 an Industrial Distribution company?
The median Debt-to-Equity among Industrial Distribution companies is 0.48, based on 149 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. Hortico's current Debt-to-Equity of 0.23 is 52.1% 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 Hortico and its competitors. For the Industrial Distribution industry, the median Debt-to-Equity is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hortico's current Debt-to-Equity is 0.23, which is 34% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hortico stock overvalued right now?
Based on GuruFocus' analysis, Hortico (WAR:HOR) is currently considered Fairly Valued. The stock's GF Value™ is zł7.06, compared to a current price of zł7.50 — trading 6.2% above its estimated fair value. The current Debt-to-Equity is 0.23, which is 34% below median its 10-year median of 0.35 and 52.1% below the Industrial Distribution industry median of 0.48. Hortico's overall GF Score™ is 90/100 with 6 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 Hortico (WAR:HOR), the current Debt-to-Equity is 0.23 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 Hortico (WAR:HOR) Overvalued in 2026?
Based on GuruFocus' analysis, Hortico stock appears to be overvalued.
The current stock price of zł7.50 is trading 6.2% above its estimated GF Value™ of zł7.06.
GuruFocus considers Hortico to be Fairly Valued.
Key valuation signals for WAR:HOR:
Debt-to-Equity: 0.23 (34% below median its 10-year median of 0.35)
GF Value™: zł7.06 vs. price of zł7.50 (6.2% above fair value)
Industry Position: 52.1% below the Industrial Distribution median (#49 of 149)
No single metric tells the full story. See the WAR:HOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hortico SA operates on the wholesale and retail sale of gardening articles. The company offers a wide range of goods, seeds and cuttings, fertilizers, garden substrates, biological protection agents, films and nonwovens, plant protection products, gardening equipment, garden tools and nursery articles. It works with suppliers from all over Europe and sells in Poland, Russia, Portugal, Hungary, Ukraine and Belarus.
90GF Score
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