LDR Capital Property Fund (ASX:LED) Debt-to-EBITDA : 10.93 (As of Dec. 2025) — 175% Above Median


ASX:LED LDR Capital Property Fund ASX:LED
40 GF Score
Price A$0.47
GF Value A$0.40
Valuation Modestly Overvalued
! 5 Warning Signs
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What is LDR Capital Property Fund Debt-to-EBITDA?

LDR Capital Property Fund ASX:LED +1.09% 40 Debt-to-EBITDA is 10.93 as of Dec. 2025, which is 175% above its 10-year median of 3.97. GuruFocus rates ASX:LED with a GF Score™ of 40/100 and a GF Value™ of A$0.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,275 Real Estate companies, LDR Capital Property Fund ranks worse than 95.22% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

LDR Capital Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. LDR Capital Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$200.34 Mil. LDR Capital Property Fund's annualized EBITDA for the quarter that ended in Dec. 2025 was A$18.33 Mil. LDR Capital Property Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 10.93.

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 LDR Capital Property Fund's Debt-to-EBITDA or its related term are showing as below:

ASX:LED' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.43   Med: 3.97   Max: 83.28
Current: 36.5

During the past 7 years, the highest Debt-to-EBITDA Ratio of LDR Capital Property Fund was 83.28. The lowest was -23.43. And the median was 3.97.

ASX:LED's Debt-to-EBITDA is ranked worse than
95.22% of 1275 companies
in the Real Estate industry
Industry Median: 5.59 vs ASX:LED: 36.50

LDR Capital Property Fund  (ASX:LED) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


LDR Capital Property Fund Debt-to-EBITDA Related Terms


LDR Capital Property Fund Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for LDR Capital Property Fund'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.

LDR Capital Property Fund Debt-to-EBITDA Chart

LDR Capital Property Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial 4.12 3.83 -7.04 -23.43 53.65

LDR Capital Property Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -59.83 -12.97 13.31 -26.46 10.93

ASX:LED vs CBRE, BEKE, CSGP: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, LDR Capital Property Fund'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.


LDR Capital Property Fund Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, LDR Capital Property Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where LDR Capital Property Fund's Debt-to-EBITDA falls into.


ASX:LED
40GF Score
LDR Capital Property Fund ASX:LED
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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LDR Capital Property Fund Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

LDR Capital Property Fund's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 194.496) / 3.625
=53.65

LDR Capital Property Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 200.342) / 18.33
=10.93

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.93 mean?
LDR Capital Property Fund (ASX:LED) has a Debt-to-EBITDA of 10.93 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 LDR Capital Property Fund. This is 175% above median its historical median of 3.97. According to the industry distribution chart, LDR Capital Property Fund ranks #1214 out of 1275 companies in the Real Estate industry, placing it in the top 95.2%.
Is LDR Capital Property Fund's Debt-to-EBITDA too high?
LDR Capital Property Fund's current Debt-to-EBITDA of 10.93 is 175% above median its 10-year median of 3.97. The Real Estate industry median Debt-to-EBITDA is 5.59. LDR Capital Property Fund's value of 10.93 is 95.5% above this industry median. Based on the distribution chart, LDR Capital Property Fund ranks #1214 out of 1275 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, LDR Capital Property Fund has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LDR Capital Property Fund's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LDR Capital Property Fund ranks #1214 out of 1275 companies for Debt-to-EBITDA. This places LDR Capital Property Fund in the lower half of its industry. The industry median Debt-to-EBITDA is 5.59. LDR Capital Property Fund's value of 10.93 is 95.5% above this benchmark. While the company's 10-year median is 3.97 vs. the industry median of 5.59, LDR Capital Property Fund 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-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.59, based on 1,275 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. LDR Capital Property Fund's current Debt-to-EBITDA of 10.93 is 95.5% 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-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 LDR Capital Property Fund. For the Real Estate industry, the median Debt-to-EBITDA is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LDR Capital Property Fund's current Debt-to-EBITDA is 10.93, which is 175% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LDR Capital Property Fund stock overvalued right now?
Based on GuruFocus' analysis, LDR Capital Property Fund (ASX:LED) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.40, compared to a current price of A$0.47 — trading 16.3% above its estimated fair value. The current Debt-to-EBITDA is 10.93, which is 175% above median its 10-year median of 3.97 and 95.5% above the Real Estate industry median of 5.59. LDR Capital Property Fund's overall GF Score™ is 40/100 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-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For LDR Capital Property Fund (ASX:LED), the current Debt-to-EBITDA is 10.93 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 LDR Capital Property Fund (ASX:LED) Overvalued in 2026?

Based on GuruFocus' analysis, LDR Capital Property Fund stock appears to be overvalued. The current stock price of A$0.47 is trading 16.3% above its estimated GF Value™ of A$0.40. GuruFocus considers LDR Capital Property Fund to be Modestly Overvalued.

Key valuation signals for ASX:LED:

  • Debt-to-EBITDA: 10.93 (175% above median its 10-year median of 3.97)
  • GF Value™: A$0.40 vs. price of A$0.47 (16.3% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 95.5% above the Real Estate median (#1214 of 1275)

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


LDR Capital Property Fund Business Description

Address 201 Elizabeth Street, Level 34, Sydney, NSW, AUS, 2000
LDR Capital Property Fund is an externally managed real estate investment trust that invests in Australian commercial office assets.
40GF Score

Get the complete analysis for ASX:LED

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

A$0.47
Price
A$0.40
GF Value