Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Workspace Group's Debt-to-EBITDA or its related term are showing as below:
CHIX:WKPl'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -362.92 Med: 2.74 Max: 22.75
Current: -9.14
During the past 13 years, the highest Debt-to-EBITDA Ratio of Workspace Group was 22.75. The lowest was -362.92. And the median was 2.74.
CHIX:WKPl's Debt-to-EBITDA is ranked worse than 100% of 578
companies
in the REITs industry
Industry Median: 6.51
vs CHIX:WKPl: -9.14
Workspace Group (CHIX:WKPl) Debt-to-EBITDA Explanation
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.
Workspace Group Debt-to-EBITDA Related Terms
Workspace Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Workspace Group'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.
CHIX:WKPL vs BXP, ARE, VNO: Debt-to-EBITDA Comparison
For the REIT - Office subindustry, Workspace Group'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.
Workspace Group Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Workspace Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Workspace Group's Debt-to-EBITDA falls into.
* 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 (Mar. 2026) EBITDA data.
Workspace Group (CHIX:WKPL) has a Debt-to-EBITDA of -11.98 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 Workspace Group. According to the industry distribution chart, Workspace Group ranks #999999 out of 578 companies in the REITs industry.
Is Workspace Group's Debt-to-EBITDA too high?
Workspace Group's current Debt-to-EBITDA is -11.98. Based on the distribution chart, Workspace Group ranks #999999 out of 578 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Workspace Group has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workspace Group's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Workspace Group ranks #999999 out of 578 companies for Debt-to-EBITDA. This places Workspace Group in the lower half of its industry. The industry median Debt-to-EBITDA is 6.51. 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 6.51, based on 578 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. 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 Workspace Group. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workspace Group's current Debt-to-EBITDA is -11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workspace Group stock overvalued right now?
Based on GuruFocus' analysis, Workspace Group (CHIX:WKPL) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.44, compared to a current price of £3.51 — trading 21% below its estimated fair value. The current Debt-to-EBITDA is -11.98. Workspace Group's overall GF Score™ is 64/100 with 4 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 Workspace Group (CHIX:WKPL), the current Debt-to-EBITDA is -11.98 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 Workspace Group (CHIX:WKPL) Overvalued in 2026?
Based on GuruFocus' analysis, Workspace Group stock appears to be undervalued.
The current stock price of £3.51 is trading 21% below its estimated GF Value™ of £4.44.
GuruFocus considers Workspace Group to be Modestly Undervalued.
Key valuation signals for CHIX:WKPL:
Debt-to-EBITDA: -11.98
GF Value™: £4.44 vs. price of £3.51 (21% below fair value)
No single metric tells the full story. See the CHIX:WKPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.
64GF Score
Get the complete analysis for CHIX:WKPL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:WKPL has been successfully added to your 
