Tabreed PJSC (DFM:TABREED) Debt-to-EBITDA : 8.11 (As of Mar. 2026) — 52% Above Median

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DFM:TABREED Tabreed PJSC DFM:TABREED
90 GF Score
Price د.إ2.41
GF Value د.إ3.11
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Tabreed PJSC Debt-to-EBITDA?

Tabreed PJSC DFM:TABREED -0.41% 90 Debt-to-EBITDA is 8.11 as of Mar. 2026, which is 52% above its 10-year median of 5.32. GuruFocus rates DFM:TABREED with a GF Score™ of 90/100 and a GF Value™ of د.إ3.11 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 448 Utilities - Regulated companies, Tabreed PJSC ranks worse than 79.69% on this metric.

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

Tabreed PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was د.إ253 Mil. Tabreed PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was د.إ6,192 Mil. Tabreed PJSC's annualized EBITDA for the quarter that ended in Mar. 2026 was د.إ795 Mil. Tabreed PJSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 8.11.

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

DFM:TABREED' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.45   Med: 5.32   Max: 7.92
Current: 6.95

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tabreed PJSC was 7.92. The lowest was 4.45. And the median was 5.32.

DFM:TABREED's Debt-to-EBITDA is ranked worse than
79.69% of 448 companies
in the Utilities - Regulated industry
Industry Median: 4.005 vs DFM:TABREED: 6.95

Tabreed PJSC  (DFM:TABREED) 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.


Tabreed PJSC Debt-to-EBITDA Related Terms


Tabreed PJSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tabreed PJSC'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.

Tabreed PJSC Debt-to-EBITDA Chart

Tabreed PJSC 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 7.92 6.72 5.17 5.07 6.70

Tabreed PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.83 4.93 6.05 9.56 8.11

DFM:TABREED vs AWK, WTRG, AWR: Debt-to-EBITDA Comparison

For the Utilities - Regulated Water subindustry, Tabreed PJSC'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.


Tabreed PJSC Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Debt-to-EBITDA distribution charts can be found below:

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


DFM:TABREED
90GF Score
Tabreed PJSC DFM:TABREED
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tabreed PJSC Debt-to-EBITDA Calculation

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

Tabreed PJSC'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
=(248.97 + 6251.654) / 970.634
=6.70

Tabreed PJSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(253.294 + 6191.792) / 794.664
=8.11

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.11 mean?
Tabreed PJSC (DFM:TABREED) has a Debt-to-EBITDA of 8.11 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 Tabreed PJSC. This is 52% above median its historical median of 5.32. Over the past decade, Tabreed PJSC's Debt-to-EBITDA has ranged from 4.45 to 7.92. According to the industry distribution chart, Tabreed PJSC ranks #357 out of 448 companies in the Utilities - Regulated industry, placing it in the top 79.7%.
Is Tabreed PJSC's Debt-to-EBITDA too high?
Tabreed PJSC's current Debt-to-EBITDA of 8.11 is 52% above median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 4.45 to a high of 7.92. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Tabreed PJSC's value of 8.11 is 102.5% above this industry median. Based on the distribution chart, Tabreed PJSC ranks #357 out of 448 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Tabreed PJSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tabreed PJSC's Debt-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Tabreed PJSC ranks #357 out of 448 companies for Debt-to-EBITDA. This places Tabreed PJSC in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. Tabreed PJSC's value of 8.11 is 102.5% above this benchmark. Historically, Tabreed PJSC's own Debt-to-EBITDA has ranged from 4.45 to 7.92 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 4.01, Tabreed PJSC 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 448 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. Tabreed PJSC's current Debt-to-EBITDA of 8.11 is 102.5% 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 Tabreed PJSC. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabreed PJSC's current Debt-to-EBITDA is 8.11, which is 52% above median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabreed PJSC stock overvalued right now?
Based on GuruFocus' analysis, Tabreed PJSC (DFM:TABREED) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ3.11, compared to a current price of د.إ2.41 — trading 22.5% below its estimated fair value. The current Debt-to-EBITDA is 8.11, which is 52% above median its 10-year median of 5.32 and 102.5% above the Utilities - Regulated industry median of 4.01. Tabreed PJSC's overall GF Score™ is 90/100 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 Tabreed PJSC (DFM:TABREED), the current Debt-to-EBITDA is 8.11 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 Tabreed PJSC (DFM:TABREED) Overvalued in 2026?

Based on GuruFocus' analysis, Tabreed PJSC stock appears to be undervalued. The current stock price of د.إ2.41 is trading 22.5% below its estimated GF Value™ of د.إ3.11. GuruFocus considers Tabreed PJSC to be Modestly Undervalued.

Key valuation signals for DFM:TABREED:

  • Debt-to-EBITDA: 8.11 (52% above median its 10-year median of 5.32)
  • GF Value™: د.إ3.11 vs. price of د.إ2.41 (22.5% below fair value)
  • GF Score™: 90/100 with 7 warning signs
  • Industry Position: 102.5% above the Utilities - Regulated median (#357 of 448)

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


Tabreed PJSC Business Description

Address P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.
90GF Score

Get the complete analysis for DFM:TABREED

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

د.إ2.41
Price
د.إ3.11
GF Value