Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Debt-to-EBITDA : 4.14 (As of Jun. 2026) — 11% Below Median

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BKK:FTREIT Frasers Property Thailand Industrial Freehold & Leasehold REIT BKK:FTREIT
81 GF Score
Price ฿12.30
GF Value ฿11.16
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Frasers Property Thailand Industrial Freehold & Leasehold REIT Debt-to-EBITDA?

Frasers Property Thailand Industrial Freehold & Leasehold REIT BKK:FTREIT -0.81% 81 Debt-to-EBITDA is 4.14 as of Jun. 2026, which is 11% below its 10-year median of 4.65. GuruFocus rates BKK:FTREIT with a GF Score™ of 81/100 and a GF Value™ of ฿11.16 (Fairly Valued). The stock has 11 warning signs investors should review. Among 573 REITs companies, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks better than 76.27% on this metric.

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

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿700 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿14,021 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿3,556 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.14.

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 Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA or its related term are showing as below:

BKK:FTREIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.15   Med: 4.65   Max: 18.37
Current: 4.01

During the past 11 years, the highest Debt-to-EBITDA Ratio of Frasers Property Thailand Industrial Freehold & Leasehold REIT was 18.37. The lowest was 3.15. And the median was 4.65.

BKK:FTREIT's Debt-to-EBITDA is ranked better than
76.27% of 573 companies
in the REITs industry
Industry Median: 6.32 vs BKK:FTREIT: 4.01

Frasers Property Thailand Industrial Freehold & Leasehold REIT  (BKK:FTREIT) 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT Debt-to-EBITDA Related Terms


Frasers Property Thailand Industrial Freehold & Leasehold REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Frasers Property Thailand Industrial Freehold & Leasehold 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.

Frasers Property Thailand Industrial Freehold & Leasehold REIT Debt-to-EBITDA Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 4.43 4.63 4.81 3.80

Frasers Property Thailand Industrial Freehold & Leasehold REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.55 3.03 5.05 4.58 4.14

BKK:FTREIT vs PLD, PSA, EXR: Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, Frasers Property Thailand Industrial Freehold & Leasehold 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.


Frasers Property Thailand Industrial Freehold & Leasehold REIT Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA falls into.


BKK:FTREIT
81GF Score
Frasers Property Thailand Industrial Freehold & Leasehold REIT BKK:FTREIT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasers Property Thailand Industrial Freehold & Leasehold REIT Debt-to-EBITDA Calculation

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

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(200 + 14705.396) / 3918.636
=3.80

Frasers Property Thailand Industrial Freehold & Leasehold REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(700 + 14021.304) / 3555.804
=4.14

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.14 mean?
Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) has a Debt-to-EBITDA of 4.14 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Frasers Property Thailand Industrial Freehold & Leasehold REIT. This is 11% below median its historical median of 4.65. Over the past decade, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA has ranged from 3.15 to 18.37. According to the industry distribution chart, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks #136 out of 573 companies in the REITs industry, placing it in the top 23.7%.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA too high?
Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Debt-to-EBITDA of 4.14 is 11% below median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 3.15 to a high of 18.37. The REITs industry median Debt-to-EBITDA is 6.32. Frasers Property Thailand Industrial Freehold & Leasehold REIT's value of 4.14 is 34.5% below this industry median. Based on the distribution chart, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks #136 out of 573 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Frasers Property Thailand Industrial Freehold & Leasehold REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Property Thailand Industrial Freehold & Leasehold REIT's Debt-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks #136 out of 573 companies for Debt-to-EBITDA. This places Frasers Property Thailand Industrial Freehold & Leasehold REIT in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.32. Frasers Property Thailand Industrial Freehold & Leasehold REIT's value of 4.14 is 34.5% below this benchmark. Historically, Frasers Property Thailand Industrial Freehold & Leasehold REIT's own Debt-to-EBITDA has ranged from 3.15 to 18.37 over the past decade. While the company's 10-year median is 4.65 vs. the industry median of 6.32, Frasers Property Thailand Industrial Freehold & Leasehold 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 6.32, based on 573 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. Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Debt-to-EBITDA of 4.14 is 34.5% 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT. For the REITs industry, the median Debt-to-EBITDA is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Debt-to-EBITDA is 4.14, which is 11% below median its own 10-year median of 4.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.16, compared to a current price of ฿12.30 — trading 10.2% above its estimated fair value. The current Debt-to-EBITDA is 4.14, which is 11% below median its 10-year median of 4.65 and 34.5% below the REITs industry median of 6.32. Frasers Property Thailand Industrial Freehold & Leasehold REIT's overall GF Score™ is 81/100 with 11 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT), the current Debt-to-EBITDA is 4.14 as of Jun. 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT stock appears to be overvalued. The current stock price of ฿12.30 is trading 10.2% above its estimated GF Value™ of ฿11.16. GuruFocus considers Frasers Property Thailand Industrial Freehold & Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:FTREIT:

  • Debt-to-EBITDA: 4.14 (11% below median its 10-year median of 4.65)
  • GF Value™: ฿11.16 vs. price of ฿12.30 (10.2% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 34.5% below the REITs median (#136 of 573)

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


Frasers Property Thailand Industrial Freehold & Leasehold REIT Business Description

Industry Real EstateREITs
Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330
Frasers Property Thailand Industrial Freehold & Leasehold REIT invests in high-quality industrial and logistics properties. Its portfolio includes domestic factories, warehouses, and industrial and logistics properties which can generate high returns. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease, and/or sub-lease immovable properties. Its reportable operating segment is to provide the rental of immovable properties. Geographically, the trust's operation is carried on only in Thailand.
81GF Score

Get the complete analysis for BKK:FTREIT

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

฿12.30
Price
฿11.16
GF Value