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Tokaido REITFRA:AI70 44 Debt-to-EBITDA is 10.81 as of Jan. 2026, which is 14% below its 10-year median of 12.55. GuruFocus rates FRA:AI70 with a GF Score™ of 44/100 and a GF Value™ of €661.15. The stock has 4 warning signs investors should review. Among 578 REITs companies, Tokaido REIT ranks worse than 79.93% 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 Tokaido REIT's Debt-to-EBITDA or its related term are showing as below:
FRA:AI70'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 10.81 Med: 12.55 Max: 24.68
Current: 10.81
During the past 5 years, the highest Debt-to-EBITDA Ratio of Tokaido REIT was 24.68. The lowest was 10.81. And the median was 12.55.
FRA:AI70's Debt-to-EBITDA is ranked worse than 79.93% of 578
companies
in the REITs industry
Industry Median: 6.51
vs FRA:AI70: 10.81
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.
Tokaido REIT Debt-to-EBITDA Related Terms
Tokaido REIT Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Tokaido 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.
For the REIT - Diversified subindustry, Tokaido 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.
Tokaido REIT Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Tokaido REIT's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tokaido 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 two times the quarterly (Jan. 2026) EBITDA data.
Tokaido REIT (FRA:AI70) has a Debt-to-EBITDA of 10.81 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tokaido REIT. This is 14% below median its historical median of 12.55. Over the past decade, Tokaido REIT's Debt-to-EBITDA has ranged from 10.81 to 24.68. According to the industry distribution chart, Tokaido REIT ranks #462 out of 578 companies in the REITs industry, placing it in the top 79.9%.
Is Tokaido REIT's Debt-to-EBITDA too high?
Tokaido REIT's current Debt-to-EBITDA of 10.81 is 14% below median its 10-year median of 12.55. Over the past 10 years, this metric has ranged from a low of 10.81 to a high of 24.68. The REITs industry median Debt-to-EBITDA is 6.51. Tokaido REIT's value of 10.81 is 66.1% above this industry median. Based on the distribution chart, Tokaido REIT ranks #462 out of 578 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Tokaido REIT has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Tokaido REIT's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Tokaido REIT ranks #462 out of 578 companies for Debt-to-EBITDA. This places Tokaido REIT in the lower half of its industry. The industry median Debt-to-EBITDA is 6.51. Tokaido REIT's value of 10.81 is 66.1% above this benchmark. Historically, Tokaido REIT's own Debt-to-EBITDA has ranged from 10.81 to 24.68 over the past decade. While the company's 10-year median is 12.55 vs. the industry median of 6.51, Tokaido 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 6.51, 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. Tokaido REIT's current Debt-to-EBITDA of 10.81 is 66.1% 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 Tokaido REIT. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokaido REIT's current Debt-to-EBITDA is 10.81, which is 14% below median its own 10-year median of 12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokaido REIT stock overvalued right now?
Tokaido REIT (FRA:AI70) has a current Debt-to-EBITDA of 10.81. The stock's GF Value™ is €661.15, compared to a current price of €525.00 — trading 20.6% below its estimated fair value. The current Debt-to-EBITDA is 10.81, which is 14% below median its 10-year median of 12.55 and 66.1% above the REITs industry median of 6.51. Tokaido REIT's overall GF Score™ is 44/100 with 4 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 Tokaido REIT (FRA:AI70), the current Debt-to-EBITDA is 10.81 as of Jan. 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 Tokaido REIT (FRA:AI70) Overvalued in 2026?
Based on GuruFocus' analysis, Tokaido REIT stock appears to be undervalued.
The current stock price of €525.00 is trading 20.6% below its estimated GF Value™ of €661.15.
Key valuation signals for FRA:AI70:
Debt-to-EBITDA: 10.81 (14% below median its 10-year median of 12.55)
GF Value™: €661.15 vs. price of €525.00 (20.6% below fair value)
Industry Position: 66.1% above the REITs median (#462 of 578)
No single metric tells the full story. See the FRA:AI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.
44GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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