Waypoint REIT (ASX:WPR) Debt-to-EBITDA : 5.29 (As of Dec. 2025) — 45% Above Median


ASX:WPR Waypoint REIT Ltd ASX:WPR
75 GF Score
Price A$2.43
GF Value A$2.59
Valuation Fairly Valued
! 4 Warning Signs
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What is Waypoint REIT Debt-to-EBITDA?

Waypoint REIT ASX:WPR +0.41% 75 Debt-to-EBITDA is 5.29 as of Dec. 2025, which is 45% above its 10-year median of 3.66. GuruFocus rates ASX:WPR with a GF Score™ of 75/100 and a GF Value™ of A$2.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 580 REITs companies, Waypoint REIT ranks better than 78.45% on this metric.

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

Waypoint REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.0 Mil. Waypoint REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$932.8 Mil. Waypoint REIT's annualized EBITDA for the quarter that ended in Dec. 2025 was A$176.4 Mil. Waypoint REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 5.29.

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 Waypoint REIT's Debt-to-EBITDA or its related term are showing as below:

ASX:WPR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -22.54   Med: 3.66   Max: 5.29
Current: 3.75

During the past 9 years, the highest Debt-to-EBITDA Ratio of Waypoint REIT was 5.29. The lowest was -22.54. And the median was 3.66.

ASX:WPR's Debt-to-EBITDA is ranked better than
78.45% of 580 companies
in the REITs industry
Industry Median: 6.495 vs ASX:WPR: 3.75

Waypoint REIT  (ASX:WPR) 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.


Waypoint REIT Debt-to-EBITDA Related Terms


Waypoint REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Waypoint REIT'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.

Waypoint REIT Debt-to-EBITDA Chart

Waypoint REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.95 5.29 -22.54 5.17 3.75

Waypoint REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.11 3.90 7.42 2.94 5.29

ASX:WPR vs EQIX, AMT, DLR: Debt-to-EBITDA Comparison

For the REIT - Specialty subindustry, Waypoint REIT'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.


Waypoint REIT Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Waypoint REIT's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Waypoint REIT's Debt-to-EBITDA falls into.


ASX:WPR
75GF Score
Waypoint REIT Ltd ASX:WPR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Waypoint REIT Debt-to-EBITDA Calculation

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

Waypoint REIT's Debt-to-EBITDA for the fiscal year 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 + 932.8) / 248.6
=3.75

Waypoint REIT'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 + 932.8) / 176.4
=5.29

* 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 5.29 mean?
Waypoint REIT (ASX:WPR) has a Debt-to-EBITDA of 5.29 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 Waypoint REIT. This is 45% above median its historical median of 3.66. According to the industry distribution chart, Waypoint REIT ranks #125 out of 580 companies in the REITs industry, placing it in the top 21.6%.
Is Waypoint REIT's Debt-to-EBITDA too high?
Waypoint REIT's current Debt-to-EBITDA of 5.29 is 45% above median its 10-year median of 3.66. The REITs industry median Debt-to-EBITDA is 6.50. Waypoint REIT's value of 5.29 is 18.6% below this industry median. Based on the distribution chart, Waypoint REIT ranks #125 out of 580 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Waypoint REIT has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waypoint REIT's Debt-to-EBITDA compare to EQIX and AMT?
According to the REITs industry distribution chart, Waypoint REIT ranks #125 out of 580 companies for Debt-to-EBITDA. This places Waypoint REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.50. Waypoint REIT's value of 5.29 is 18.6% below this benchmark. While the company's 10-year median is 3.66 vs. the industry median of 6.50, Waypoint REIT 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. Waypoint REIT's current Debt-to-EBITDA of 5.29 is 18.6% 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 Waypoint REIT. 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. Waypoint REIT's current Debt-to-EBITDA is 5.29, which is 45% above median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waypoint REIT stock overvalued right now?
Based on GuruFocus' analysis, Waypoint REIT (ASX:WPR) is currently considered Fairly Valued. The stock's GF Value™ is A$2.59, compared to a current price of A$2.43 — trading 6.2% below its estimated fair value. The current Debt-to-EBITDA is 5.29, which is 45% above median its 10-year median of 3.66 and 18.6% below the REITs industry median of 6.50. Waypoint REIT's overall GF Score™ is 75/100 with 4 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 Waypoint REIT (ASX:WPR), the current Debt-to-EBITDA is 5.29 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 Waypoint REIT (ASX:WPR) Overvalued in 2026?

Based on GuruFocus' analysis, Waypoint REIT stock appears to be undervalued. The current stock price of A$2.43 is trading 6.2% below its estimated GF Value™ of A$2.59. GuruFocus considers Waypoint REIT to be Fairly Valued.

Key valuation signals for ASX:WPR:

  • Debt-to-EBITDA: 5.29 (45% above median its 10-year median of 3.66)
  • GF Value™: A$2.59 vs. price of A$2.43 (6.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 18.6% below the REITs median (#125 of 580)

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


Waypoint REIT Business Description

Industry Real EstateREITs
Other Exchanges 1V2:Germany
Address 720 Bourke Street, Level 15, Docklands, VIC, AUS, 3008
Waypoint REIT owns a AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy, and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.
75GF Score

Get the complete analysis for ASX:WPR

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

A$2.43
Price
A$2.59
GF Value