Retail Estates (LTS:0FSO) Equity-to-Asset: 0.59 (As of Mar. 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0FSO Retail Estates SA LTS:0FSO
68 GF Score
Price €72.10
GF Value €67.12
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Retail Estates Equity-to-Asset?

Retail Estates LTS:0FSO 68 Equity-to-Asset is 0.59 as of Mar. 2026, which is 20% above its 10-year median of 0.49. GuruFocus rates LTS:0FSO with a GF Score™ of 68/100 and a GF Value™ of €67.12 (Fairly Valued). The stock has 9 warning signs investors should review. Among 928 REITs companies, Retail Estates ranks better than 51.83% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Retail Estates's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €1,286.9 Mil. Retail Estates's Total Assets for the quarter that ended in Mar. 2026 was €2,196.7 Mil. Therefore, Retail Estates's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.

The historical rank and industry rank for Retail Estates's Equity-to-Asset or its related term are showing as below:

LTS:0FSO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.49   Max: 0.59
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Retail Estates was 0.59. The lowest was 0.41. And the median was 0.49.

LTS:0FSO's Equity-to-Asset is ranked better than
51.83% of 928 companies
in the REITs industry
Industry Median: 0.585 vs LTS:0FSO: 0.59

Retail Estates  (LTS:0FSO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Retail Estates Equity-to-Asset Related Terms


Retail Estates Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Retail Estates's Equity-to-Asset 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.

Retail Estates Equity-to-Asset Chart

Retail Estates Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.55 0.55 0.57 0.59

Retail Estates Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.54 0.57 0.56 0.59

LTS:0FSO vs SPG, O, KIM: Equity-to-Asset Comparison

For the REIT - Retail subindustry, Retail Estates's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Retail Estates Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Retail Estates's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Retail Estates's Equity-to-Asset falls into.


LTS:0FSO
68GF Score
Retail Estates SA LTS:0FSO
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Retail Estates Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Retail Estates's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1286.865/2196.725
=0.59

Retail Estates's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1286.865/2196.725
=0.59

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.59 mean?
Retail Estates (LTS:0FSO) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Retail Estates and its competitors. This is 20% above median its historical median of 0.49. Over the past decade, Retail Estates' Equity-to-Asset has ranged from 0.41 to 0.59. According to the industry distribution chart, Retail Estates ranks #447 out of 928 companies in the REITs industry, placing it in the top 48.2%.
Is Retail Estates' Equity-to-Asset too high?
Retail Estates' current Equity-to-Asset of 0.59 is 20% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.59. The REITs industry median Equity-to-Asset is 0.59. Retail Estates' value of 0.59 is 0.9% above this industry median. Based on the distribution chart, Retail Estates ranks #447 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, Retail Estates has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Retail Estates' Equity-to-Asset compare to SPG and O?
According to the REITs industry distribution chart, Retail Estates ranks #447 out of 928 companies for Equity-to-Asset. This puts Retail Estates in the upper half of its industry. The industry median Equity-to-Asset is 0.59. Retail Estates' value of 0.59 is 0.9% above this benchmark. Historically, Retail Estates' own Equity-to-Asset has ranged from 0.41 to 0.59 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.59, Retail Estates 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 Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.59, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Retail Estates's current Equity-to-Asset of 0.59 is 0.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Retail Estates and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Retail Estates's current Equity-to-Asset is 0.59, which is 20% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retail Estates stock overvalued right now?
Based on GuruFocus' analysis, Retail Estates (LTS:0FSO) is currently considered Fairly Valued. The stock's GF Value™ is €67.12, compared to a current price of €72.10 — trading 7.4% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 20% above median its 10-year median of 0.49 and 0.9% above the REITs industry median of 0.59. Retail Estates' overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Retail Estates (LTS:0FSO), the current Equity-to-Asset is 0.59 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 Retail Estates (LTS:0FSO) Overvalued in 2026?

Based on GuruFocus' analysis, Retail Estates stock appears to be overvalued. The current stock price of €72.10 is trading 7.4% above its estimated GF Value™ of €67.12. GuruFocus considers Retail Estates to be Fairly Valued.

Key valuation signals for LTS:0FSO:

  • Equity-to-Asset: 0.59 (20% above median its 10-year median of 0.49)
  • GF Value™: €67.12 vs. price of €72.10 (7.4% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 0.9% above the REITs median (#447 of 928)

No single metric tells the full story. See the LTS:0FSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Retail Estates Business Description

Industry Real EstateREITs
Other Exchanges R6N:GermanyRET:Belgium
Address Industrielaan 6, Ternat, BEL, 1740
Retail Estates SA is a real estate investment trust that invests mainly in retail properties. It is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. It has distinguished between two geographical segments: Belgium and the Netherlands. The majority of revenue comes from Belgium.
68GF Score

Get the complete analysis for LTS:0FSO

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€72.10
Price
€67.12
GF Value