Dream Industrial Real Estate Investment Trust (FRA:6MS) Debt-to-EBITDA : (As of Jun. 2026)

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FRA:6MS Dream Industrial Real Estate Investment Trust FRA:6MS
81 GF Score
Price €7.48
GF Value €8.49
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Dream Industrial Real Estate Investment Trust Debt-to-EBITDA?

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

Dream Industrial Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €401.6 Mil. Dream Industrial Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,387.5 Mil. Dream Industrial Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Jun. 2026 was €124.3 Mil. Dream Industrial Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 14.39.

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 Dream Industrial Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

FRA:6MS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.04   Med: 6.75   Max: 19.35
Current: 10.81

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dream Industrial Real Estate Investment Trust was 19.35. The lowest was 3.04. And the median was 6.75.

FRA:6MS's Debt-to-EBITDA is ranked worse than
79.76% of 573 companies
in the REITs industry
Industry Median: 6.32 vs FRA:6MS: 10.81

Dream Industrial Real Estate Investment Trust  (FRA:6MS) 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.


Dream Industrial Real Estate Investment Trust Debt-to-EBITDA Related Terms


Dream Industrial Real Estate Investment Trust Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dream Industrial Real Estate Investment Trust'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.

Dream Industrial Real Estate Investment Trust Debt-to-EBITDA Chart

Dream Industrial Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Dream Industrial Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:6MS vs PLD, PSA, EXR: Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, Dream Industrial Real Estate Investment Trust'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.


Dream Industrial Real Estate Investment Trust Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's Debt-to-EBITDA falls into.


FRA:6MS
81GF Score
Dream Industrial Real Estate Investment Trust FRA:6MS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream Industrial Real Estate Investment Trust Debt-to-EBITDA Calculation

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

Dream Industrial Real Estate Investment Trust'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
=(280.36856565788 + 1658.8661370606) / 152.97196668499
=12.68

Dream Industrial Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(401.56545065659 + 1387.5438245653) / 124.32121542976
=14.39

* 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 (Jun. 2026) EBITDA data.

Is Dream Industrial Real Estate Investment Trust (FRA:6MS) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust stock appears to be undervalued. The current stock price of €7.48 is trading 11.9% below its estimated GF Value™ of €8.49. GuruFocus considers Dream Industrial Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for FRA:6MS:

  • Debt-to-EBITDA:
  • GF Value™: €8.49 vs. price of €7.48 (11.9% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the FRA:6MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dream Industrial Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges DREUF:USADIR.UN:Canada
Address 30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.The reportable operating segments of its investment properties and results of operations are segmented into the following components: Ontario, Quebec, Western Canada, Europe, the U.S., Dream Summit JV and Development JV.
81GF Score

Get the complete analysis for FRA:6MS

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

€7.48
Price
€8.49
GF Value