Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Neinor HomesXMAD:HOME +1.15%77 Debt-to-Equity is 1.33 as of Dec. 2025, which is 166% above its 10-year median of 0.50. GuruFocus rates XMAD:HOME with a GF Score™ of 77/100 and a GF Value™ of €23.24 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,543 Real Estate companies, Neinor Homes ranks worse than 70.71% 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 Neinor Homes's Debt-to-Equity or its related term are showing as below:
XMAD:HOME'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.5 Max: 1.33
Current: 1.33
During the past 11 years, the highest Debt-to-Equity Ratio of Neinor Homes was 1.33. The lowest was 0.39. And the median was 0.50.
XMAD:HOME's Debt-to-Equity is ranked worse than 70.71% of 1543
companies
in the Real Estate industry
Industry Median: 0.73
vs XMAD:HOME: 1.33
Neinor Homes (XMAD:HOME) 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.
Neinor Homes Debt-to-Equity Related Terms
Neinor Homes Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Neinor Homes'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, Neinor Homes'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.
Neinor Homes Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neinor Homes's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Neinor Homes'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.
Neinor Homes (XMAD:HOME) has a Debt-to-Equity of 1.33 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Neinor Homes and its competitors. This is 166% above median its historical median of 0.50. Over the past decade, Neinor Homes' Debt-to-Equity has ranged from 0.39 to 1.33. According to the industry distribution chart, Neinor Homes ranks #1091 out of 1543 companies in the Real Estate industry, placing it in the top 70.7%.
Is Neinor Homes' Debt-to-Equity too high?
Neinor Homes' current Debt-to-Equity of 1.33 is 166% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.33. The Real Estate industry median Debt-to-Equity is 0.73. Neinor Homes' value of 1.33 is 82.2% above this industry median. Based on the distribution chart, Neinor Homes ranks #1091 out of 1543 companies in the Real Estate industry, which is below the industry midpoint. Overall, Neinor Homes has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neinor Homes' Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Neinor Homes ranks #1091 out of 1543 companies for Debt-to-Equity. This places Neinor Homes in the lower half of its industry. The industry median Debt-to-Equity is 0.73. Neinor Homes' value of 1.33 is 82.2% above this benchmark. Historically, Neinor Homes' own Debt-to-Equity has ranged from 0.39 to 1.33 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.73, Neinor Homes 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 1,543 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. Neinor Homes's current Debt-to-Equity of 1.33 is 82.2% 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 Neinor Homes 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. Neinor Homes's current Debt-to-Equity is 1.33, which is 166% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neinor Homes stock overvalued right now?
Based on GuruFocus' analysis, Neinor Homes (XMAD:HOME) is currently considered Possible Value Trap. The stock's GF Value™ is €23.24, compared to a current price of €15.86 — trading 31.8% below its estimated fair value. The current Debt-to-Equity is 1.33, which is 166% above median its 10-year median of 0.50 and 82.2% above the Real Estate industry median of 0.73. Neinor Homes' overall GF Score™ is 77/100 with 5 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 Neinor Homes (XMAD:HOME), the current Debt-to-Equity is 1.33 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 Neinor Homes (XMAD:HOME) Overvalued in 2026?
Based on GuruFocus' analysis, Neinor Homes stock appears to be undervalued.
The current stock price of €15.86 is trading 31.8% below its estimated GF Value™ of €23.24.
GuruFocus considers Neinor Homes to be Possible Value Trap.
Key valuation signals for XMAD:HOME:
Debt-to-Equity: 1.33 (166% above median its 10-year median of 0.50)
GF Value™: €23.24 vs. price of €15.86 (31.8% below fair value)
Industry Position: 82.2% above the Real Estate median (#1091 of 1543)
No single metric tells the full story. See the XMAD:HOME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Development, Asset Management and others. The company generates maximum revenue from the Development segment.
77GF Score
Get the complete analysis for XMAD:HOME
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XMAD:HOME has been successfully added to your 
