S Prime Growth Leasehold REIT (BKK:SPRIME) Debt-to-EBITDA : 4.24 (As of Jun. 2026) — 12% Above Median

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BKK:SPRIME S Prime Growth Leasehold REIT BKK:SPRIME
70 GF Score
Price ฿4.34
GF Value ฿3.75
Valuation Modestly Overvalued
! 7 Warning Signs
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What is S Prime Growth Leasehold REIT Debt-to-EBITDA?

S Prime Growth Leasehold REIT BKK:SPRIME 70 Debt-to-EBITDA is 4.24 as of Jun. 2026, which is 12% above its 10-year median of 3.79. GuruFocus rates BKK:SPRIME with a GF Score™ of 70/100 and a GF Value™ of ฿3.75 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 573 REITs companies, S Prime Growth Leasehold REIT ranks better than 77.84% on this metric.

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

S Prime Growth Leasehold REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿0.0 Mil. S Prime Growth Leasehold REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿1,306.2 Mil. S Prime Growth Leasehold REIT's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿307.8 Mil. S Prime Growth Leasehold REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.24.

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 S Prime Growth Leasehold REIT's Debt-to-EBITDA or its related term are showing as below:

BKK:SPRIME' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.03   Med: 3.79   Max: 4.89
Current: 3.87

During the past 7 years, the highest Debt-to-EBITDA Ratio of S Prime Growth Leasehold REIT was 4.89. The lowest was -25.03. And the median was 3.79.

BKK:SPRIME's Debt-to-EBITDA is ranked better than
77.84% of 573 companies
in the REITs industry
Industry Median: 6.5 vs BKK:SPRIME: 3.87

S Prime Growth Leasehold REIT  (BKK:SPRIME) 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.


S Prime Growth Leasehold REIT Debt-to-EBITDA Related Terms


S Prime Growth Leasehold REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for S Prime Growth 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.

S Prime Growth Leasehold REIT Debt-to-EBITDA Chart

S Prime Growth Leasehold REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 2.58 4.00 3.79 4.89 4.17

S Prime Growth 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 4.63 4.39 3.56 3.71 4.24

BKK:SPRIME vs VICI, WPC, BNL: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, S Prime Growth 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.


S Prime Growth Leasehold REIT Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where S Prime Growth Leasehold REIT's Debt-to-EBITDA falls into.


BKK:SPRIME
70GF Score
S Prime Growth Leasehold REIT BKK:SPRIME
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S Prime Growth Leasehold REIT Debt-to-EBITDA Calculation

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

S Prime Growth Leasehold 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 + 1341.767) / 321.64
=4.17

S Prime Growth 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
=(0 + 1306.175) / 307.832
=4.24

* 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 4.24 mean?
S Prime Growth Leasehold REIT (BKK:SPRIME) has a Debt-to-EBITDA of 4.24 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 S Prime Growth Leasehold REIT. This is 12% above median its historical median of 3.79. According to the industry distribution chart, S Prime Growth Leasehold REIT ranks #127 out of 573 companies in the REITs industry, placing it in the top 22.2%.
Is S Prime Growth Leasehold REIT's Debt-to-EBITDA too high?
S Prime Growth Leasehold REIT's current Debt-to-EBITDA of 4.24 is 12% above median its 10-year median of 3.79. The REITs industry median Debt-to-EBITDA is 6.50. S Prime Growth Leasehold REIT's value of 4.24 is 34.8% below this industry median. Based on the distribution chart, S Prime Growth Leasehold REIT ranks #127 out of 573 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, S Prime Growth Leasehold REIT ranks #127 out of 573 companies for Debt-to-EBITDA. This places S Prime Growth Leasehold REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.50. S Prime Growth Leasehold REIT's value of 4.24 is 34.8% below this benchmark. While the company's 10-year median is 3.79 vs. the industry median of 6.50, S Prime Growth 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 6.50, 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. S Prime Growth Leasehold REIT's current Debt-to-EBITDA of 4.24 is 34.8% 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 S Prime Growth Leasehold 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. S Prime Growth Leasehold REIT's current Debt-to-EBITDA is 4.24, which is 12% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.75, compared to a current price of ฿4.34 — trading 15.7% above its estimated fair value. The current Debt-to-EBITDA is 4.24, which is 12% above median its 10-year median of 3.79 and 34.8% below the REITs industry median of 6.50. S Prime Growth Leasehold REIT's overall GF Score™ is 70/100 with 7 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 S Prime Growth Leasehold REIT (BKK:SPRIME), the current Debt-to-EBITDA is 4.24 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 S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued. The current stock price of ฿4.34 is trading 15.7% above its estimated GF Value™ of ฿3.75. GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.

Key valuation signals for BKK:SPRIME:

  • Debt-to-EBITDA: 4.24 (12% above median its 10-year median of 3.79)
  • GF Value™: ฿3.75 vs. price of ฿4.34 (15.7% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 34.8% below the REITs median (#127 of 573)

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


S Prime Growth Leasehold REIT Business Description

Industry Real EstateREITs
Address Vibhavadi Rangsit Road, No. 123, Suntowers Building B, 37th Floor, Chom Phon Sub-District, Chatuchak District, Bangkok, THA, 10900
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
70GF Score

Get the complete analysis for BKK:SPRIME

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

฿4.34
Price
฿3.75
GF Value