Even Construtora Eorporadora (BSP:EVEN3) Debt-to-EBITDA : 6.15 (As of Mar. 2026) — 88% Above Median

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BSP:EVEN3 Even Construtora E Incorporadora SA BSP:EVEN3
71 GF Score
Price R$4.71
GF Value R$17.79
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Even Construtora Eorporadora Debt-to-EBITDA?

Even Construtora Eorporadora BSP:EVEN3 -0.42% 71 Debt-to-EBITDA is 6.15 as of Mar. 2026, which is 88% above its 10-year median of 3.27. GuruFocus rates BSP:EVEN3 with a GF Score™ of 71/100 and a GF Value™ of R$17.79 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,273 Real Estate companies, Even Construtora Eorporadora ranks better than 59.94% on this metric.

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

Even Construtora Eorporadora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$259 Mil. Even Construtora Eorporadora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$1,236 Mil. Even Construtora Eorporadora's annualized EBITDA for the quarter that ended in Mar. 2026 was R$243 Mil. Even Construtora Eorporadora's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.15.

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 Even Construtora Eorporadora's Debt-to-EBITDA or its related term are showing as below:

BSP:EVEN3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.94   Med: 3.27   Max: 19.36
Current: 4.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Even Construtora Eorporadora was 19.36. The lowest was -20.94. And the median was 3.27.

BSP:EVEN3's Debt-to-EBITDA is ranked better than
59.94% of 1273 companies
in the Real Estate industry
Industry Median: 5.63 vs BSP:EVEN3: 4.08

Even Construtora Eorporadora  (BSP:EVEN3) 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.


Even Construtora Eorporadora Debt-to-EBITDA Related Terms


Even Construtora Eorporadora Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Even Construtora Eorporadora'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.

Even Construtora Eorporadora Debt-to-EBITDA Chart

Even Construtora Eorporadora 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 0.88 2.72 4.72 5.82 3.82

Even Construtora Eorporadora Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.28 3.38 2.17 3.93 6.15

Even Construtora Eorporadora Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.


Even Construtora Eorporadora Debt-to-EBITDA vs Real Estate Industry

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

* The bar in red indicates where Even Construtora Eorporadora's Debt-to-EBITDA falls into.


BSP:EVEN3
71GF Score
Even Construtora E Incorporadora SA BSP:EVEN3
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Even Construtora Eorporadora Debt-to-EBITDA Calculation

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

Even Construtora Eorporadora'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
=(221.346 + 1269.564) / 390.821
=3.81

Even Construtora Eorporadora's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(258.981 + 1236.426) / 243.34
=6.15

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 6.15 mean?
Even Construtora Eorporadora (BSP:EVEN3) has a Debt-to-EBITDA of 6.15 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 Even Construtora Eorporadora. This is 88% above median its historical median of 3.27. According to the industry distribution chart, Even Construtora Eorporadora ranks #510 out of 1273 companies in the Real Estate industry, placing it in the top 40.1%.
Is Even Construtora Eorporadora's Debt-to-EBITDA too high?
Even Construtora Eorporadora's current Debt-to-EBITDA of 6.15 is 88% above median its 10-year median of 3.27. The Real Estate industry median Debt-to-EBITDA is 5.63. Even Construtora Eorporadora's value of 6.15 is 9.2% above this industry median. Based on the distribution chart, Even Construtora Eorporadora ranks #510 out of 1273 companies in the Real Estate industry, which is above the industry midpoint. Overall, Even Construtora Eorporadora has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Even Construtora Eorporadora's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Even Construtora Eorporadora ranks #510 out of 1273 companies for Debt-to-EBITDA. This puts Even Construtora Eorporadora in the upper half of its industry. The industry median Debt-to-EBITDA is 5.63. Even Construtora Eorporadora's value of 6.15 is 9.2% above this benchmark. While the company's 10-year median is 3.27 vs. the industry median of 5.63, Even Construtora Eorporadora 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.63, based on 1,273 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. Even Construtora Eorporadora's current Debt-to-EBITDA of 6.15 is 9.2% 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 Even Construtora Eorporadora. 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. Even Construtora Eorporadora's current Debt-to-EBITDA is 6.15, which is 88% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Construtora Eorporadora stock overvalued right now?
Based on GuruFocus' analysis, Even Construtora Eorporadora (BSP:EVEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$17.79, compared to a current price of R$4.71 — trading 73.5% below its estimated fair value. The current Debt-to-EBITDA is 6.15, which is 88% above median its 10-year median of 3.27 and 9.2% above the Real Estate industry median of 5.63. Even Construtora Eorporadora's overall GF Score™ is 71/100 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 Even Construtora Eorporadora (BSP:EVEN3), the current Debt-to-EBITDA is 6.15 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 Even Construtora Eorporadora (BSP:EVEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Even Construtora Eorporadora stock appears to be undervalued. The current stock price of R$4.71 is trading 73.5% below its estimated GF Value™ of R$17.79. GuruFocus considers Even Construtora Eorporadora to be Possible Value Trap.

Key valuation signals for BSP:EVEN3:

  • Debt-to-EBITDA: 6.15 (88% above median its 10-year median of 3.27)
  • GF Value™: R$17.79 vs. price of R$4.71 (73.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 9.2% above the Real Estate median (#510 of 1273)

No single metric tells the full story. See the BSP:EVEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Even Construtora Eorporadora Business Description

Address Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.
71GF Score

Get the complete analysis for BSP:EVEN3

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

R$4.71
Price
R$17.79
GF Value