CDEVY (City Developments) Debt-to-EBITDA : 8.27 (As of Dec. 2025) — 24% Above Median


CDEVY City Developments Ltd CDEVY
77 GF Score
Price $5.58
GF Value $4.21
Valuation Significantly Overvalued
! 7 Warning Signs
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What is City Developments Debt-to-EBITDA?

City Developments CDEVY -6.92% 77 Debt-to-EBITDA is 8.27 as of Dec. 2025, which is 24% above its 10-year median of 6.68. GuruFocus rates CDEVY with a GF Score™ of 77/100 and a GF Value™ of $4.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,272 Real Estate companies, City Developments ranks worse than 71.7% on this metric.

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

City Developments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $2,490 Mil. City Developments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $8,399 Mil. City Developments's annualized EBITDA for the quarter that ended in Dec. 2025 was $1,317 Mil. City Developments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 8.27.

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 City Developments's Debt-to-EBITDA or its related term are showing as below:

CDEVY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.04   Med: 6.68   Max: 16.75
Current: 10.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of City Developments was 16.75. The lowest was -9.04. And the median was 6.68.

CDEVY's Debt-to-EBITDA is ranked worse than
71.7% of 1272 companies
in the Real Estate industry
Industry Median: 5.6 vs CDEVY: 10.26

City Developments  (OTCPK:CDEVY) 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.


City Developments Debt-to-EBITDA Related Terms


City Developments Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for City Developments'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.

City Developments Debt-to-EBITDA Chart

City Developments 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 16.75 4.37 10.50 11.65 9.26

City Developments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.37 11.47 13.95 12.89 8.27

City Developments Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, City Developments'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.


City Developments Debt-to-EBITDA vs Real Estate Industry

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

* The bar in red indicates where City Developments's Debt-to-EBITDA falls into.


CDEVY
77GF Score
City Developments Ltd CDEVY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

City Developments Debt-to-EBITDA Calculation

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

City Developments'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
=(2489.848 + 8399.094) / 1176.297
=9.26

City Developments's annualized Debt-to-EBITDA for the quarter 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
=(2489.848 + 8399.094) / 1316.992
=8.27

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.27 mean?
City Developments (CDEVY) has a Debt-to-EBITDA of 8.27 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on City Developments. This is 24% above median its historical median of 6.68. According to the industry distribution chart, City Developments ranks #912 out of 1272 companies in the Real Estate industry, placing it in the top 71.7%.
Is City Developments' Debt-to-EBITDA too high?
City Developments' current Debt-to-EBITDA of 8.27 is 24% above median its 10-year median of 6.68. The Real Estate industry median Debt-to-EBITDA is 5.60. City Developments' value of 8.27 is 47.7% above this industry median. Based on the distribution chart, City Developments ranks #912 out of 1272 companies in the Real Estate industry, which is below the industry midpoint. Overall, City Developments has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #912 out of 1272 companies for Debt-to-EBITDA. This places City Developments in the lower half of its industry. The industry median Debt-to-EBITDA is 5.60. City Developments' value of 8.27 is 47.7% above this benchmark. While the company's 10-year median is 6.68 vs. the industry median of 5.60, City Developments 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 5.60, based on 1,272 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. City Developments's current Debt-to-EBITDA of 8.27 is 47.7% 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 City Developments. For the Real Estate industry, the median Debt-to-EBITDA is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Developments's current Debt-to-EBITDA is 8.27, which is 24% above median its own 10-year median of 6.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVY) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.21, compared to a current price of $5.58 — trading 32.5% above its estimated fair value. The current Debt-to-EBITDA is 8.27, which is 24% above median its 10-year median of 6.68 and 47.7% above the Real Estate industry median of 5.60. City Developments' overall GF Score™ is 77/100 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 City Developments (CDEVY), the current Debt-to-EBITDA is 8.27 as of Dec. 2025. 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 City Developments (CDEVY) Overvalued in 2026?

Based on GuruFocus' analysis, City Developments stock appears to be overvalued. The current stock price of $5.58 is trading 32.5% above its estimated GF Value™ of $4.21. GuruFocus considers City Developments to be Significantly Overvalued.

Key valuation signals for CDEVY:

  • Debt-to-EBITDA: 8.27 (24% above median its 10-year median of 6.68)
  • GF Value™: $4.21 vs. price of $5.58 (32.5% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 47.7% above the Real Estate median (#912 of 1272)

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


City Developments Business Description

Address 9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
77GF Score

Get the complete analysis for CDEVY

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

$5.58
Price
$4.21
GF Value