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Wharf Real Estate Investment CoWRFRF -6.90%66 Debt-to-Equity is 0.19 as of Dec. 2025, which is 5% below its 10-year median of 0.20. GuruFocus rates WRFRF with a GF Score™ of 66/100 and a GF Value™ of $3.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,542 Real Estate companies, Wharf Real Estate Investment Co ranks better than 78.47% 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 Wharf Real Estate Investment Co's Debt-to-Equity or its related term are showing as below:
WRFRF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.2 Max: 0.27
Current: 0.19
During the past 12 years, the highest Debt-to-Equity Ratio of Wharf Real Estate Investment Co was 0.27. The lowest was 0.18. And the median was 0.20.
WRFRF's Debt-to-Equity is ranked better than 78.47% of 1542
companies
in the Real Estate industry
Industry Median: 0.73
vs WRFRF: 0.19
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.
Wharf Real Estate Investment Co Debt-to-Equity Related Terms
Wharf Real Estate Investment Co 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.
Wharf Real Estate Investment Co Debt-to-Equity Chart
WRFRF vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.
Wharf Real Estate Investment Co Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Wharf Real Estate Investment Co'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.
Wharf Real Estate Investment Co (WRFRF) has a Debt-to-Equity of 0.19 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wharf Real Estate Investment Co and its competitors. This is near median its historical median of 0.20. Over the past decade, Wharf Real Estate Investment Co's Debt-to-Equity has ranged from 0.18 to 0.27. According to the industry distribution chart, Wharf Real Estate Investment Co ranks #332 out of 1542 companies in the Real Estate industry, placing it in the top 21.5%.
Is Wharf Real Estate Investment Co's Debt-to-Equity too high?
Wharf Real Estate Investment Co's current Debt-to-Equity of 0.19 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.27. The Real Estate industry median Debt-to-Equity is 0.73. Wharf Real Estate Investment Co's value of 0.19 is 74% below this industry median. Based on the distribution chart, Wharf Real Estate Investment Co ranks #332 out of 1542 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Wharf Real Estate Investment Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wharf Real Estate Investment Co's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wharf Real Estate Investment Co ranks #332 out of 1542 companies for Debt-to-Equity. This places Wharf Real Estate Investment Co in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.73. Wharf Real Estate Investment Co's value of 0.19 is 74% below this benchmark. Historically, Wharf Real Estate Investment Co's own Debt-to-Equity has ranged from 0.18 to 0.27 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.73, Wharf Real Estate Investment Co 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 0.73, based on 1,542 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. Wharf Real Estate Investment Co's current Debt-to-Equity of 0.19 is 74% 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 Wharf Real Estate Investment Co 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. Wharf Real Estate Investment Co's current Debt-to-Equity is 0.19, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wharf Real Estate Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Wharf Real Estate Investment Co (WRFRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.09, compared to a current price of $2.70 — trading 12.6% below its estimated fair value. The current Debt-to-Equity is 0.19, which is near median its 10-year median of 0.20 and 74% below the Real Estate industry median of 0.73. Wharf Real Estate Investment Co's overall GF Score™ is 66/100 with 3 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 Wharf Real Estate Investment Co (WRFRF), the current Debt-to-Equity is 0.19 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 Wharf Real Estate Investment Co (WRFRF) Overvalued in 2026?
Based on GuruFocus' analysis, Wharf Real Estate Investment Co stock appears to be undervalued.
The current stock price of $2.70 is trading 12.6% below its estimated GF Value™ of $3.09.
GuruFocus considers Wharf Real Estate Investment Co to be Modestly Undervalued.
Key valuation signals for WRFRF:
Debt-to-Equity: 0.19 (near median its 10-year median of 0.20)
GF Value™: $3.09 vs. price of $2.70 (12.6% below fair value)
Industry Position: 74% below the Real Estate median (#332 of 1542)
No single metric tells the full story. See the WRFRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wharf spun off Wharf Real Estate Investment Co. in November 2017. It is a leading property investor with a focus on prime retail assets in Hong Kong. Rental income from flagship assets Harbour City and Times Square accounts for over 85% of revenue. The balance comes from Plaza Hollywood, The Murray, and Marco Polo hotels, and two offices in the central business district. The group also holds two malls in Singapore and a mixed development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city center and waterfront locations. The Harbour City site had been wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 49% stake in the group.
66GF Score
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