Saul CentersBFS +0.37%78 Debt-to-EBITDA is 8.53 as of Mar. 2026, which is 13% above its 10-year median of 7.58. GuruFocus rates BFS with a GF Score™ of 78/100 and a GF Value™ of $41.91 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 580 REITs companies, Saul Centers ranks worse than 69.14% 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 Saul Centers's Debt-to-EBITDA or its related term are showing as below:
BFS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.19 Med: 7.58 Max: 9.11
Current: 8.92
During the past 13 years, the highest Debt-to-EBITDA Ratio of Saul Centers was 9.11. The lowest was 6.19. And the median was 7.58.
BFS's Debt-to-EBITDA is ranked worse than 69.14% of 580
companies
in the REITs industry
Industry Median: 6.495
vs BFS: 8.92
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.
Saul Centers Debt-to-EBITDA Related Terms
Saul Centers Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Saul Centers'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.
For the REIT - Retail subindustry, Saul Centers'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.
Saul Centers Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Saul Centers's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Saul Centers'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 four times the quarterly (Mar. 2026) EBITDA data.
Saul Centers (BFS) has a Debt-to-EBITDA of 8.53 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Saul Centers. This is 13% above median its historical median of 7.58. Over the past decade, Saul Centers' Debt-to-EBITDA has ranged from 6.19 to 9.11. According to the industry distribution chart, Saul Centers ranks #401 out of 580 companies in the REITs industry, placing it in the top 69.1%.
Is Saul Centers' Debt-to-EBITDA too high?
Saul Centers' current Debt-to-EBITDA of 8.53 is 13% above median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 6.19 to a high of 9.11. The REITs industry median Debt-to-EBITDA is 6.50. Saul Centers' value of 8.53 is 31.3% above this industry median. Based on the distribution chart, Saul Centers ranks #401 out of 580 companies in the REITs industry, which is below the industry midpoint. Overall, Saul Centers has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Debt-to-EBITDA compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #401 out of 580 companies for Debt-to-EBITDA. This places Saul Centers in the lower half of its industry. The industry median Debt-to-EBITDA is 6.50. Saul Centers' value of 8.53 is 31.3% above this benchmark. Historically, Saul Centers' own Debt-to-EBITDA has ranged from 6.19 to 9.11 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 6.50, Saul Centers 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 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. Saul Centers's current Debt-to-EBITDA of 8.53 is 31.3% 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 Saul Centers. 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. Saul Centers's current Debt-to-EBITDA is 8.53, which is 13% above median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.91, compared to a current price of $37.59 — trading 10.3% below its estimated fair value. The current Debt-to-EBITDA is 8.53, which is 13% above median its 10-year median of 7.58 and 31.3% above the REITs industry median of 6.50. Saul Centers' overall GF Score™ is 78/100 with 9 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 Saul Centers (BFS), the current Debt-to-EBITDA is 8.53 as of Mar. 2026. 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 Saul Centers (BFS) Overvalued in 2026?
Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued.
The current stock price of $37.59 is trading 10.3% below its estimated GF Value™ of $41.91.
GuruFocus considers Saul Centers to be Modestly Undervalued.
Key valuation signals for BFS:
Debt-to-EBITDA: 8.53 (13% above median its 10-year median of 7.58)
GF Value™: $41.91 vs. price of $37.59 (10.3% below fair value)
Industry Position: 31.3% above the REITs median (#401 of 580)
No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
78GF Score
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