Frey (CHIX:FREYP) Debt-to-EBITDA : 5.78 (As of Dec. 2025) — 20% Below Median


CHIX:FREYP Frey SA CHIX:FREYP
85 GF Score
Price €28.00
GF Value €32.61
! 7 Warning Signs
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What is Frey Debt-to-EBITDA?

Frey CHIX:FREYP 85 Debt-to-EBITDA is 5.78 as of Dec. 2025, which is 20% below its 10-year median of 7.19. GuruFocus rates CHIX:FREYP with a GF Score™ of 85/100 and a GF Value™ of €32.61. The stock has 7 warning signs investors should review. Among 580 REITs companies, Frey ranks worse than 66.9% on this metric.

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

Frey's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €103.4 Mil. Frey's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1,343.0 Mil. Frey's annualized EBITDA for the quarter that ended in Dec. 2025 was €250.1 Mil. Frey's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 5.78.

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

CHIX:FREYp' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.96   Med: 7.19   Max: 52.54
Current: 8.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Frey was 52.54. The lowest was 4.96. And the median was 7.19.

CHIX:FREYp's Debt-to-EBITDA is ranked worse than
66.9% of 580 companies
in the REITs industry
Industry Median: 6.495 vs CHIX:FREYp: 8.41

Frey  (CHIX:FREYp) 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.


Frey Debt-to-EBITDA Related Terms


Frey Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Frey'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.

Frey Debt-to-EBITDA Chart

Frey 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 7.87 5.11 12.79 9.92 8.41

Frey 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 28.99 6.54 15.16 13.47 5.78

CHIX:FREYP vs SPG, O, KIM: Debt-to-EBITDA Comparison

For the REIT - Retail subindustry, Frey'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.


Frey Debt-to-EBITDA vs REITs Industry

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

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


CHIX:FREYP
85GF Score
Frey SA CHIX:FREYP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frey Debt-to-EBITDA Calculation

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

Frey'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
=(103.436 + 1343.024) / 172.024
=8.41

Frey'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
=(103.436 + 1343.024) / 250.074
=5.78

* 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 5.78 mean?
Frey (CHIX:FREYP) has a Debt-to-EBITDA of 5.78 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 Frey. This is 20% below median its historical median of 7.19. Over the past decade, Frey's Debt-to-EBITDA has ranged from 4.96 to 52.54. According to the industry distribution chart, Frey ranks #388 out of 580 companies in the REITs industry, placing it in the top 66.9%.
Is Frey's Debt-to-EBITDA too high?
Frey's current Debt-to-EBITDA of 5.78 is 20% below median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 52.54. The REITs industry median Debt-to-EBITDA is 6.50. Frey's value of 5.78 is 11% below this industry median. Based on the distribution chart, Frey ranks #388 out of 580 companies in the REITs industry, which is below the industry midpoint. Overall, Frey has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Frey's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Frey ranks #388 out of 580 companies for Debt-to-EBITDA. This places Frey in the lower half of its industry. The industry median Debt-to-EBITDA is 6.50. Frey's value of 5.78 is 11% below this benchmark. Historically, Frey's own Debt-to-EBITDA has ranged from 4.96 to 52.54 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 6.50, Frey 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 580 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. Frey's current Debt-to-EBITDA of 5.78 is 11% 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 Frey. 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. Frey's current Debt-to-EBITDA is 5.78, which is 20% below median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frey stock overvalued right now?
Frey (CHIX:FREYP) has a current Debt-to-EBITDA of 5.78. The stock's GF Value™ is €32.61, compared to a current price of €28.00 — trading 14.1% below its estimated fair value. The current Debt-to-EBITDA is 5.78, which is 20% below median its 10-year median of 7.19 and 11% below the REITs industry median of 6.50. Frey's overall GF Score™ is 85/100 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 Frey (CHIX:FREYP), the current Debt-to-EBITDA is 5.78 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 Frey (CHIX:FREYP) Overvalued in 2026?

Based on GuruFocus' analysis, Frey stock appears to be undervalued. The current stock price of €28.00 is trading 14.1% below its estimated GF Value™ of €32.61.

Key valuation signals for CHIX:FREYP:

  • Debt-to-EBITDA: 5.78 (20% below median its 10-year median of 7.19)
  • GF Value™: €32.61 vs. price of €28.00 (14.1% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 11% below the REITs median (#388 of 580)

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


Frey Business Description

Industry Real EstateREITs
Other Exchanges FREY:France
Address 1 rue Rene Cassin, Bezannes, FRA, 51430
Frey SA develops, owns and manages commercial real estate assets mainly located in France. The company is a participant in the new-generation Retail Parks. Its business activities include the development of new or regenerated assets, acquisition of assets and urban renewal. FREY has created and designed SHOPPING PROMENADE, an outdoor shopping mall concept.
85GF Score

Get the complete analysis for CHIX:FREYP

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

€28.00
Price
€32.61
GF Value