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.
DexusDEXSF 61 Debt-to-EBITDA is 4.92 as of Dec. 2025, which is 89% above its 10-year median of 2.61. GuruFocus rates DEXSF with a GF Score™ of 61/100 and a GF Value™ of $5.68 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 578 REITs companies, Dexus ranks worse than 53.11% 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 Dexus's Debt-to-EBITDA or its related term are showing as below:
DEXSF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.17 Med: 2.61 Max: 13.58
Current: 6.73
During the past 13 years, the highest Debt-to-EBITDA Ratio of Dexus was 13.58. The lowest was -9.17. And the median was 2.61.
DEXSF's Debt-to-EBITDA is ranked worse than 53.11% of 578
companies
in the REITs industry
Industry Median: 6.49
vs DEXSF: 6.73
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.
Dexus Debt-to-EBITDA Related Terms
Dexus Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dexus'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.
For the REIT - Office subindustry, Dexus'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.
Dexus Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Dexus's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dexus'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 (Dec. 2025) EBITDA data.
Dexus (DEXSF) has a Debt-to-EBITDA of 4.92 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 Dexus. This is 89% above median its historical median of 2.61. According to the industry distribution chart, Dexus ranks #307 out of 578 companies in the REITs industry, placing it in the top 53.1%.
Is Dexus' Debt-to-EBITDA too high?
Dexus' current Debt-to-EBITDA of 4.92 is 89% above median its 10-year median of 2.61. The REITs industry median Debt-to-EBITDA is 6.49. Dexus' value of 4.92 is 24.2% below this industry median. Based on the distribution chart, Dexus ranks #307 out of 578 companies in the REITs industry, which is below the industry midpoint. Overall, Dexus has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dexus' Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Dexus ranks #307 out of 578 companies for Debt-to-EBITDA. This places Dexus in the lower half of its industry. The industry median Debt-to-EBITDA is 6.49. Dexus' value of 4.92 is 24.2% below this benchmark. While the company's 10-year median is 2.61 vs. the industry median of 6.49, Dexus 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 6.49, 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. Dexus's current Debt-to-EBITDA of 4.92 is 24.2% 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 Dexus. 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. Dexus's current Debt-to-EBITDA is 4.92, which is 89% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus stock overvalued right now?
Based on GuruFocus' analysis, Dexus (DEXSF) is currently considered Possible Value Trap. The stock's GF Value™ is $5.68, compared to a current price of $3.84 — trading 32.4% below its estimated fair value. The current Debt-to-EBITDA is 4.92, which is 89% above median its 10-year median of 2.61 and 24.2% below the REITs industry median of 6.49. Dexus' overall GF Score™ is 61/100 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 Dexus (DEXSF), the current Debt-to-EBITDA is 4.92 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 Dexus (DEXSF) Overvalued in 2026?
Based on GuruFocus' analysis, Dexus stock appears to be undervalued.
The current stock price of $3.84 is trading 32.4% below its estimated GF Value™ of $5.68.
GuruFocus considers Dexus to be Possible Value Trap.
Key valuation signals for DEXSF:
Debt-to-EBITDA: 4.92 (89% above median its 10-year median of 2.61)
GF Value™: $5.68 vs. price of $3.84 (32.4% below fair value)
Industry Position: 24.2% below the REITs median (#307 of 578)
No single metric tells the full story. See the DEXSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings, and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 36 billion in funds under management as of Dec. 31, 2025, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.
61GF Score
Get the complete analysis for DEXSF
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
DEXSF has been successfully added to your 
