BOWFF (Boardwalk Real Estate Investment Trust) Debt-to-EBITDA : 41.94 (As of Jun. 2026) — 347% Above Median

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BOWFF Boardwalk Real Estate Investment Trust BOWFF
72 GF Score
Price $47.06
GF Value $51.82
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Boardwalk Real Estate Investment Trust Debt-to-EBITDA?

Boardwalk Real Estate Investment Trust BOWFF 72 Debt-to-EBITDA is 41.94 as of Jun. 2026, which is 347% above its 10-year median of 9.38. GuruFocus rates BOWFF with a GF Score™ of 72/100 and a GF Value™ of $51.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 574 REITs companies, Boardwalk Real Estate Investment Trust ranks worse than 97.21% on this metric.

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

Boardwalk Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $460.0 Mil. Boardwalk Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $2,102.7 Mil. Boardwalk Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Jun. 2026 was $61.1 Mil. Boardwalk Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 41.94.

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 Boardwalk Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

BOWFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.94   Med: 9.38   Max: 125.89
Current: 35.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Boardwalk Real Estate Investment Trust was 125.89. The lowest was -27.94. And the median was 9.38.

BOWFF's Debt-to-EBITDA is ranked worse than
97.21% of 574 companies
in the REITs industry
Industry Median: 6.565 vs BOWFF: 35.53

Boardwalk Real Estate Investment Trust  (OTCPK:BOWFF) 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.


Boardwalk Real Estate Investment Trust Debt-to-EBITDA Related Terms


Boardwalk Real Estate Investment Trust Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust Debt-to-EBITDA Chart

Boardwalk Real Estate Investment Trust 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 5.78 8.76 4.39 4.78 11.37

Boardwalk Real Estate Investment Trust 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 7.76 13.33 -53.38 31.36 41.94

BOWFF vs AVB, EQR, ESS: Debt-to-EBITDA Comparison

For the REIT - Residential subindustry, Boardwalk Real Estate Investment Trust'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.


Boardwalk Real Estate Investment Trust Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Boardwalk Real Estate Investment Trust's Debt-to-EBITDA falls into.


BOWFF
72GF Score
Boardwalk Real Estate Investment Trust BOWFF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boardwalk Real Estate Investment Trust Debt-to-EBITDA Calculation

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

Boardwalk Real Estate Investment Trust'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
=(697.788 + 1939.722) / 231.951
=11.37

Boardwalk Real Estate Investment Trust'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
=(460.002 + 2102.727) / 61.108
=41.94

* 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 41.94 mean?
Boardwalk Real Estate Investment Trust (BOWFF) has a Debt-to-EBITDA of 41.94 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 Boardwalk Real Estate Investment Trust. This is 347% above median its historical median of 9.38. According to the industry distribution chart, Boardwalk Real Estate Investment Trust ranks #558 out of 574 companies in the REITs industry, placing it in the top 97.2%.
Is Boardwalk Real Estate Investment Trust's Debt-to-EBITDA too high?
Boardwalk Real Estate Investment Trust's current Debt-to-EBITDA of 41.94 is 347% above median its 10-year median of 9.38. The REITs industry median Debt-to-EBITDA is 6.57. Boardwalk Real Estate Investment Trust's value of 41.94 is 538.8% above this industry median. Based on the distribution chart, Boardwalk Real Estate Investment Trust ranks #558 out of 574 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Boardwalk Real Estate Investment Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boardwalk Real Estate Investment Trust's Debt-to-EBITDA compare to AVB and EQR?
According to the REITs industry distribution chart, Boardwalk Real Estate Investment Trust ranks #558 out of 574 companies for Debt-to-EBITDA. This places Boardwalk Real Estate Investment Trust in the lower half of its industry. The industry median Debt-to-EBITDA is 6.57. Boardwalk Real Estate Investment Trust's value of 41.94 is 538.8% above this benchmark. While the company's 10-year median is 9.38 vs. the industry median of 6.57, Boardwalk Real Estate Investment Trust 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 6.57, based on 574 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. Boardwalk Real Estate Investment Trust's current Debt-to-EBITDA of 41.94 is 538.8% 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 Boardwalk Real Estate Investment Trust. For the REITs industry, the median Debt-to-EBITDA is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boardwalk Real Estate Investment Trust's current Debt-to-EBITDA is 41.94, which is 347% above median its own 10-year median of 9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boardwalk Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust (BOWFF) is currently considered Fairly Valued. The stock's GF Value™ is $51.82, compared to a current price of $47.06 — trading 9.2% below its estimated fair value. The current Debt-to-EBITDA is 41.94, which is 347% above median its 10-year median of 9.38 and 538.8% above the REITs industry median of 6.57. Boardwalk Real Estate Investment Trust's overall GF Score™ is 72/100 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 Boardwalk Real Estate Investment Trust (BOWFF), the current Debt-to-EBITDA is 41.94 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 Boardwalk Real Estate Investment Trust (BOWFF) Overvalued in 2026?

Based on GuruFocus' analysis, Boardwalk Real Estate Investment Trust stock appears to be undervalued. The current stock price of $47.06 is trading 9.2% below its estimated GF Value™ of $51.82. GuruFocus considers Boardwalk Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BOWFF:

  • Debt-to-EBITDA: 41.94 (347% above median its 10-year median of 9.38)
  • GF Value™: $51.82 vs. price of $47.06 (9.2% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 538.8% above the REITs median (#558 of 574)

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


Boardwalk Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges BEI.UN:Canada
Address 1501 - 1st Street S.W, Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust is a fully integrated, Resident Member/customer-oriented real estate investment trust focused on and specializing in the acquisition, refurbishment, management, ownership and development of affordable multi-family residential communities. It looks to acquire, develop, own and manage quality rental communities concentrated in attractive growth markets. Boardwalk owned over 200 properties containing 34,405 residential suites in British Columbia, Alberta, Saskatchewan, Ontario, and Quebec, representing over 29 million net rentable square feet.
72GF Score

Get the complete analysis for BOWFF

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

$47.06
Price
$51.82
GF Value