Canadian Net REITCNNRF 77 Debt-to-EBITDA is 10.07 as of Mar. 2026, which is 46% above its 10-year median of 6.92. GuruFocus rates CNNRF with a GF Score™ of 77/100 and a GF Value™ of $4.06 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 583 REITs companies, Canadian Net REIT ranks worse than 77.02% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Canadian Net REIT's Debt-to-EBITDA or its related term are showing as below:
CNNRF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -159.3 Med: 6.92 Max: 2094.2
Current: 10.27
During the past 13 years, the highest Debt-to-EBITDA Ratio of Canadian Net REIT was 2094.20. The lowest was -159.30. And the median was 6.92.
CNNRF's Debt-to-EBITDA is ranked worse than 77.02% of 583
companies
in the REITs industry
Industry Median: 6.49
vs CNNRF: 10.27
Canadian Net REIT (OTCPK:CNNRF) 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.
Canadian Net REIT Debt-to-EBITDA Related Terms
Canadian Net REIT Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Canadian Net REIT'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.
CNNRF vs VICI, WPC, BNL: Debt-to-EBITDA Comparison
For the REIT - Diversified subindustry, Canadian Net REIT'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.
Canadian Net REIT Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Canadian Net REIT's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Canadian Net REIT'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 four times the quarterly (Mar. 2026) EBITDA data.
Canadian Net REIT (CNNRF) has a Debt-to-EBITDA of 10.07 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 Canadian Net REIT. This is 46% above median its historical median of 6.92. According to the industry distribution chart, Canadian Net REIT ranks #449 out of 583 companies in the REITs industry, placing it in the top 77%.
Is Canadian Net REIT's Debt-to-EBITDA too high?
Canadian Net REIT's current Debt-to-EBITDA of 10.07 is 46% above median its 10-year median of 6.92. The REITs industry median Debt-to-EBITDA is 6.49. Canadian Net REIT's value of 10.07 is 55.2% above this industry median. Based on the distribution chart, Canadian Net REIT ranks #449 out of 583 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Canadian Net REIT has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Net REIT's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Canadian Net REIT ranks #449 out of 583 companies for Debt-to-EBITDA. This places Canadian Net REIT in the lower half of its industry. The industry median Debt-to-EBITDA is 6.49. Canadian Net REIT's value of 10.07 is 55.2% above this benchmark. While the company's 10-year median is 6.92 vs. the industry median of 6.49, Canadian Net REIT 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 6.49, based on 583 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. Canadian Net REIT's current Debt-to-EBITDA of 10.07 is 55.2% 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 Canadian Net REIT. For the REITs industry, the median Debt-to-EBITDA is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Net REIT's current Debt-to-EBITDA is 10.07, which is 46% above median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Net REIT stock overvalued right now?
Based on GuruFocus' analysis, Canadian Net REIT (CNNRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.06, compared to a current price of $4.50 — trading 10.8% above its estimated fair value. The current Debt-to-EBITDA is 10.07, which is 46% above median its 10-year median of 6.92 and 55.2% above the REITs industry median of 6.49. Canadian Net REIT's overall GF Score™ is 77/100 with 10 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 Canadian Net REIT (CNNRF), the current Debt-to-EBITDA is 10.07 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 Canadian Net REIT (CNNRF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Net REIT stock appears to be overvalued.
The current stock price of $4.50 is trading 10.8% above its estimated GF Value™ of $4.06.
GuruFocus considers Canadian Net REIT to be Modestly Overvalued.
Key valuation signals for CNNRF:
Debt-to-EBITDA: 10.07 (46% above median its 10-year median of 6.92)
GF Value™: $4.06 vs. price of $4.50 (10.8% above fair value)
Industry Position: 55.2% above the REITs median (#449 of 583)
No single metric tells the full story. See the CNNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Net REIT is an open-ended trust that acquires and owns high-quality triple net and management-free commercial real estate properties. The Trust operates in one segment, commercial real estate located in Canada.
77GF Score
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