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BWP GroupASX:BWP -0.26%80 Debt-to-EBITDA is 2.02 as of Dec. 2025, which is 8% below its 10-year median of 2.20. GuruFocus rates ASX:BWP with a GF Score™ of 80/100 and a GF Value™ of A$4.00 (Fairly Valued). The stock has 6 warning signs investors should review. Among 575 REITs companies, BWP Group ranks better than 76.17% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for BWP Group's Debt-to-EBITDA or its related term are showing as below:
ASX:BWP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.91 Med: 2.2 Max: 8.77
Current: 4.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of BWP Group was 8.77. The lowest was 0.91. And the median was 2.20.
ASX:BWP's Debt-to-EBITDA is ranked better than 76.17% of 575
companies
in the REITs industry
Industry Median: 6.55
vs ASX:BWP: 4.04
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
BWP Group Debt-to-EBITDA Related Terms
BWP Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for BWP Group's Debt-to-EBITDA 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.
ASX:BWP vs PLD, PSA, EXR: Debt-to-EBITDA Comparison
For the REIT - Industrial subindustry, BWP Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
BWP Group Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, BWP Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BWP Group's Debt-to-EBITDA 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
BWP Group (ASX:BWP) has a Debt-to-EBITDA of 2.02 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BWP Group. This is near median its historical median of 2.20. Over the past decade, BWP Group's Debt-to-EBITDA has ranged from 0.91 to 8.77. According to the industry distribution chart, BWP Group ranks #137 out of 575 companies in the REITs industry, placing it in the top 23.8%.
Is BWP Group's Debt-to-EBITDA too high?
BWP Group's current Debt-to-EBITDA of 2.02 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 8.77. The REITs industry median Debt-to-EBITDA is 6.55. BWP Group's value of 2.02 is 69.2% below this industry median. Based on the distribution chart, BWP Group ranks #137 out of 575 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, BWP Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BWP Group's Debt-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, BWP Group ranks #137 out of 575 companies for Debt-to-EBITDA. This places BWP Group in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.55. BWP Group's value of 2.02 is 69.2% below this benchmark. Historically, BWP Group's own Debt-to-EBITDA has ranged from 0.91 to 8.77 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 6.55, BWP Group 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-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.55, based on 575 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BWP Group's current Debt-to-EBITDA of 2.02 is 69.2% 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-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BWP Group. For the REITs industry, the median Debt-to-EBITDA is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWP Group's current Debt-to-EBITDA is 2.02, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWP Group stock overvalued right now?
Based on GuruFocus' analysis, BWP Group (ASX:BWP) is currently considered Fairly Valued. The stock's GF Value™ is A$4.00, compared to a current price of A$3.85 — trading 3.8% below its estimated fair value. The current Debt-to-EBITDA is 2.02, which is near median its 10-year median of 2.20 and 69.2% below the REITs industry median of 6.55. BWP Group's overall GF Score™ is 80/100 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-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For BWP Group (ASX:BWP), the current Debt-to-EBITDA is 2.02 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 BWP Group (ASX:BWP) Overvalued in 2026?
Based on GuruFocus' analysis, BWP Group stock appears to be undervalued.
The current stock price of A$3.85 is trading 3.8% below its estimated GF Value™ of A$4.00.
GuruFocus considers BWP Group to be Fairly Valued.
Key valuation signals for ASX:BWP:
Debt-to-EBITDA: 2.02 (near median its 10-year median of 2.20)
GF Value™: A$4.00 vs. price of A$3.85 (3.8% below fair value)
Industry Position: 69.2% below the REITs median (#137 of 575)
No single metric tells the full story. See the ASX:BWP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWP Group is an Australian REIT focused on owning warehouse or bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns is diversified across most Australian states and is on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers, a top-10 ASX-listed company by market capitalization. Wesfarmers owns 23% of BWP units.
80GF Score
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