Fortress Real Estate Investments (FRA:81G) Debt-to-EBITDA : 3.61 (As of Dec. 2025) — 18% Above Median

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FRA:81G Fortress Real Estate Investments Ltd FRA:81G
81 GF Score
Price €1.21
GF Value €1.08
! 8 Warning Signs
View Full Analysis

What is Fortress Real Estate Investments Debt-to-EBITDA?

Fortress Real Estate Investments FRA:81G +0.83% 81 Debt-to-EBITDA is 3.61 as of Dec. 2025, which is 18% above its 10-year median of 3.06. GuruFocus rates FRA:81G with a GF Score™ of 81/100 and a GF Value™ of €1.08. The stock has 8 warning signs investors should review. Among 1,272 Real Estate companies, Fortress Real Estate Investments ranks better than 61.24% on this metric.

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

Fortress Real Estate Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €279.1 Mil. Fortress Real Estate Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €976.5 Mil. Fortress Real Estate Investments's annualized EBITDA for the quarter that ended in Dec. 2025 was €347.5 Mil. Fortress Real Estate Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.61.

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 Fortress Real Estate Investments's Debt-to-EBITDA or its related term are showing as below:

FRA:81G' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.95   Med: 3.06   Max: 10.5
Current: 3.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fortress Real Estate Investments was 10.50. The lowest was -3.95. And the median was 3.06.

FRA:81G's Debt-to-EBITDA is ranked better than
61.24% of 1272 companies
in the Real Estate industry
Industry Median: 5.495 vs FRA:81G: 3.86

Fortress Real Estate Investments  (FRA:81G) 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.


Fortress Real Estate Investments Debt-to-EBITDA Related Terms


Fortress Real Estate Investments Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fortress Real Estate Investments'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.

Fortress Real Estate Investments Debt-to-EBITDA Chart

Fortress Real Estate Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 10.50 3.25 2.86 4.61

Fortress Real Estate Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.09 3.81 4.20 4.38 3.61

FRA:81G vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Fortress Real Estate Investments'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.


Fortress Real Estate Investments Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortress Real Estate Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fortress Real Estate Investments's Debt-to-EBITDA falls into.


FRA:81G
81GF Score
Fortress Real Estate Investments Ltd FRA:81G
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortress Real Estate Investments Debt-to-EBITDA Calculation

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

Fortress Real Estate Investments's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(146.539 + 1127.44) / 276.483
=4.61

Fortress Real Estate Investments's annualized Debt-to-EBITDA for the quarter 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
=(279.088 + 976.453) / 347.548
=3.61

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.61 mean?
Fortress Real Estate Investments (FRA:81G) has a Debt-to-EBITDA of 3.61 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 Fortress Real Estate Investments. This is 18% above median its historical median of 3.06. According to the industry distribution chart, Fortress Real Estate Investments ranks #493 out of 1272 companies in the Real Estate industry, placing it in the top 38.8%.
Is Fortress Real Estate Investments' Debt-to-EBITDA too high?
Fortress Real Estate Investments' current Debt-to-EBITDA of 3.61 is 18% above median its 10-year median of 3.06. The Real Estate industry median Debt-to-EBITDA is 5.50. Fortress Real Estate Investments' value of 3.61 is 34.3% below this industry median. Based on the distribution chart, Fortress Real Estate Investments ranks #493 out of 1272 companies in the Real Estate industry, which is above the industry midpoint. Overall, Fortress Real Estate Investments has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Fortress Real Estate Investments' Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortress Real Estate Investments ranks #493 out of 1272 companies for Debt-to-EBITDA. This puts Fortress Real Estate Investments in the upper half of its industry. The industry median Debt-to-EBITDA is 5.50. Fortress Real Estate Investments' value of 3.61 is 34.3% below this benchmark. While the company's 10-year median is 3.06 vs. the industry median of 5.50, Fortress Real Estate Investments 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.50, based on 1,272 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. Fortress Real Estate Investments's current Debt-to-EBITDA of 3.61 is 34.3% 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 Fortress Real Estate Investments. For the Real Estate industry, the median Debt-to-EBITDA is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortress Real Estate Investments's current Debt-to-EBITDA is 3.61, which is 18% above median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Real Estate Investments stock overvalued right now?
Fortress Real Estate Investments (FRA:81G) has a current Debt-to-EBITDA of 3.61. The stock's GF Value™ is €1.08, compared to a current price of €1.21 — trading 12% above its estimated fair value. The current Debt-to-EBITDA is 3.61, which is 18% above median its 10-year median of 3.06 and 34.3% below the Real Estate industry median of 5.50. Fortress Real Estate Investments' overall GF Score™ is 81/100 with 8 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 Fortress Real Estate Investments (FRA:81G), the current Debt-to-EBITDA is 3.61 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 Fortress Real Estate Investments (FRA:81G) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Real Estate Investments stock appears to be overvalued. The current stock price of €1.21 is trading 12% above its estimated GF Value™ of €1.08.

Key valuation signals for FRA:81G:

  • Debt-to-EBITDA: 3.61 (18% above median its 10-year median of 3.06)
  • GF Value™: €1.08 vs. price of €1.21 (12% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 34.3% below the Real Estate median (#493 of 1272)

No single metric tells the full story. See the FRA:81G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortress Real Estate Investments Business Description

Other Exchanges FFB:South Africa
Address Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics-CEE, logistics-SA, corporate and other. The company generates maximum revenue from the Logistics-SA segment.
81GF Score

Get the complete analysis for FRA:81G

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

€1.21
Price
€1.08
GF Value