Alpha Real Estate Services (ATH:ASTAK) Debt-to-EBITDA : 0.11 (As of Dec. 2025) — 35% Below Median

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ATH:ASTAK Alpha Real Estate Services SA ATH:ASTAK
81 GF Score
Price €7.30
GF Value €12.58
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Alpha Real Estate Services Debt-to-EBITDA?

Alpha Real Estate Services ATH:ASTAK 81 Debt-to-EBITDA is 0.11 as of Dec. 2025, which is 35% below its 10-year median of 0.17. GuruFocus rates ATH:ASTAK with a GF Score™ of 81/100 and a GF Value™ of €12.58 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,271 Real Estate companies, Alpha Real Estate Services ranks better than 94.18% on this metric.

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

Alpha Real Estate Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €0.35 Mil. Alpha Real Estate Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1.21 Mil. Alpha Real Estate Services's annualized EBITDA for the quarter that ended in Dec. 2025 was €14.10 Mil. Alpha Real Estate Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.11.

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 Alpha Real Estate Services's Debt-to-EBITDA or its related term are showing as below:

ATH:ASTAK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 0.17   Max: 0.8
Current: 0.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alpha Real Estate Services was 0.80. The lowest was 0.15. And the median was 0.17.

ATH:ASTAK's Debt-to-EBITDA is ranked better than
94.18% of 1271 companies
in the Real Estate industry
Industry Median: 5.63 vs ATH:ASTAK: 0.16

Alpha Real Estate Services  (ATH:ASTAK) 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.


Alpha Real Estate Services Debt-to-EBITDA Related Terms


Alpha Real Estate Services Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Alpha Real Estate Services'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.

Alpha Real Estate Services Debt-to-EBITDA Chart

Alpha Real Estate Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.17 0.23 0.23 0.16

Alpha Real Estate Services Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only 0.14 0.55 0.14 0.27 0.11

ATH:ASTAK vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Alpha Real Estate Services'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.


Alpha Real Estate Services Debt-to-EBITDA vs Real Estate Industry

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

* The bar in red indicates where Alpha Real Estate Services's Debt-to-EBITDA falls into.


ATH:ASTAK
81GF Score
Alpha Real Estate Services SA ATH:ASTAK
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Real Estate Services Debt-to-EBITDA Calculation

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

Alpha Real Estate Services'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
=(0.35 + 1.214) / 9.945
=0.16

Alpha Real Estate Services'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
=(0.35 + 1.214) / 14.102
=0.11

* 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 0.11 mean?
Alpha Real Estate Services (ATH:ASTAK) has a Debt-to-EBITDA of 0.11 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 Alpha Real Estate Services. This is 35% below median its historical median of 0.17. Over the past decade, Alpha Real Estate Services' Debt-to-EBITDA has ranged from 0.15 to 0.80. According to the industry distribution chart, Alpha Real Estate Services ranks #74 out of 1271 companies in the Real Estate industry, placing it in the top 5.8%.
Is Alpha Real Estate Services' Debt-to-EBITDA too high?
Alpha Real Estate Services' current Debt-to-EBITDA of 0.11 is 35% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.80. The Real Estate industry median Debt-to-EBITDA is 5.63. Alpha Real Estate Services' value of 0.11 is 98% below this industry median. Based on the distribution chart, Alpha Real Estate Services ranks #74 out of 1271 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Real Estate Services has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Real Estate Services' Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Alpha Real Estate Services ranks #74 out of 1271 companies for Debt-to-EBITDA. This places Alpha Real Estate Services in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.63. Alpha Real Estate Services' value of 0.11 is 98% below this benchmark. Historically, Alpha Real Estate Services' own Debt-to-EBITDA has ranged from 0.15 to 0.80 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 5.63, Alpha Real Estate Services 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.63, based on 1,271 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. Alpha Real Estate Services's current Debt-to-EBITDA of 0.11 is 98% 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 Alpha Real Estate Services. For the Real Estate industry, the median Debt-to-EBITDA is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Real Estate Services's current Debt-to-EBITDA is 0.11, which is 35% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Real Estate Services stock overvalued right now?
Based on GuruFocus' analysis, Alpha Real Estate Services (ATH:ASTAK) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.58, compared to a current price of €7.30 — trading 42% below its estimated fair value. The current Debt-to-EBITDA is 0.11, which is 35% below median its 10-year median of 0.17 and 98% below the Real Estate industry median of 5.63. Alpha Real Estate Services' overall GF Score™ is 81/100 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 Alpha Real Estate Services (ATH:ASTAK), the current Debt-to-EBITDA is 0.11 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 Alpha Real Estate Services (ATH:ASTAK) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Real Estate Services stock appears to be undervalued. The current stock price of €7.30 is trading 42% below its estimated GF Value™ of €12.58. GuruFocus considers Alpha Real Estate Services to be Significantly Undervalued.

Key valuation signals for ATH:ASTAK:

  • Debt-to-EBITDA: 0.11 (35% below median its 10-year median of 0.17)
  • GF Value™: €12.58 vs. price of €7.30 (42% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 98% below the Real Estate median (#74 of 1271)

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


Alpha Real Estate Services Business Description

Address Stadiou 24, Athens, GRC, 10561
Alpha Real Estate Services SA is engaged in the management and exploitation of properties owned by it or third parties, the provision of technical advice on related matters, the provision of real estate and brokerage services, the preparation of studies of all kinds, the provision of general advice on the above matters, the carrying out of assessments and valuations of assets and mechanical equipment and in general assessments on behalf of third parties on related matters.
81GF Score

Get the complete analysis for ATH:ASTAK

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

€7.30
Price
€12.58
GF Value