Carindale Property TrustASX:CDP 61 Debt-to-EBITDA is 2.99 as of Dec. 2025, which is 43% below its 10-year median of 5.26. GuruFocus rates ASX:CDP with a GF Score™ of 61/100 and a GF Value™ of A$3.40 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 580 REITs companies, Carindale Property Trust ranks better than 81.21% 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 Carindale Property Trust's Debt-to-EBITDA or its related term are showing as below:
ASX:CDP'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.91 Med: 5.26 Max: 14.04
Current: 3.49
During the past 13 years, the highest Debt-to-EBITDA Ratio of Carindale Property Trust was 14.04. The lowest was -2.91. And the median was 5.26.
ASX:CDP's Debt-to-EBITDA is ranked better than 81.21% of 580
companies
in the REITs industry
Industry Median: 6.495
vs ASX:CDP: 3.49
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.
Carindale Property Trust Debt-to-EBITDA Related Terms
Carindale Property Trust Debt-to-EBITDA 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.
For the REIT - Retail subindustry, Carindale Property Trust'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.
Carindale Property Trust Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Carindale Property Trust's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Carindale Property Trust'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.
Carindale Property Trust (ASX:CDP) has a Debt-to-EBITDA of 2.99 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 Carindale Property Trust. This is 43% below median its historical median of 5.26. According to the industry distribution chart, Carindale Property Trust ranks #109 out of 580 companies in the REITs industry, placing it in the top 18.8%.
Is Carindale Property Trust's Debt-to-EBITDA too high?
Carindale Property Trust's current Debt-to-EBITDA of 2.99 is 43% below median its 10-year median of 5.26. The REITs industry median Debt-to-EBITDA is 6.50. Carindale Property Trust's value of 2.99 is 54% below this industry median. Based on the distribution chart, Carindale Property Trust ranks #109 out of 580 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Carindale Property Trust has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #109 out of 580 companies for Debt-to-EBITDA. This places Carindale Property Trust in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.50. Carindale Property Trust's value of 2.99 is 54% below this benchmark. While the company's 10-year median is 5.26 vs. the industry median of 6.50, Carindale Property Trust 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 6.50, based on 580 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. Carindale Property Trust's current Debt-to-EBITDA of 2.99 is 54% 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 Carindale Property Trust. For the REITs industry, the median Debt-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Debt-to-EBITDA is 2.99, which is 43% below median its own 10-year median of 5.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.40, compared to a current price of A$5.56 — trading 63.5% above its estimated fair value. The current Debt-to-EBITDA is 2.99, which is 43% below median its 10-year median of 5.26 and 54% below the REITs industry median of 6.50. Carindale Property Trust's overall GF Score™ is 61/100 with 7 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 Carindale Property Trust (ASX:CDP), the current Debt-to-EBITDA is 2.99 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 Carindale Property Trust (ASX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued.
The current stock price of A$5.56 is trading 63.5% above its estimated GF Value™ of A$3.40.
GuruFocus considers Carindale Property Trust to be Significantly Overvalued.
Key valuation signals for ASX:CDP:
Debt-to-EBITDA: 2.99 (43% below median its 10-year median of 5.26)
GF Value™: A$3.40 vs. price of A$5.56 (63.5% above fair value)
Industry Position: 54% below the REITs median (#109 of 580)
No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
61GF Score
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