Orix Jreit (FRA:O2F) Debt-to-EBITDA : 8.56 (As of Feb. 2026) — 13% Below Median


FRA:O2F Orix Jreit Inc FRA:O2F
71 GF Score
Price €500.00
GF Value €523.50
! 5 Warning Signs
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What is Orix Jreit Debt-to-EBITDA?

Orix Jreit FRA:O2F +1.21% 71 Debt-to-EBITDA is 8.56 as of Feb. 2026, which is 13% below its 10-year median of 9.84. GuruFocus rates FRA:O2F with a GF Score™ of 71/100 and a GF Value™ of €523.50. The stock has 5 warning signs investors should review. Among 585 REITs companies, Orix Jreit ranks worse than 70.6% on this metric.

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

Orix Jreit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was €245.3 Mil. Orix Jreit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was €1,651.2 Mil. Orix Jreit's annualized EBITDA for the quarter that ended in Feb. 2026 was €221.6 Mil. Orix Jreit's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 8.56.

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 Orix Jreit's Debt-to-EBITDA or its related term are showing as below:

FRA:O2F' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.77   Med: 9.84   Max: 10.62
Current: 9.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Orix Jreit was 10.62. The lowest was 8.77. And the median was 9.84.

FRA:O2F's Debt-to-EBITDA is ranked worse than
70.6% of 585 companies
in the REITs industry
Industry Median: 6.5 vs FRA:O2F: 9.06

Orix Jreit  (FRA:O2F) 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.


Orix Jreit Debt-to-EBITDA Related Terms


Orix Jreit Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Orix Jreit'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.

Orix Jreit Debt-to-EBITDA Chart

Orix Jreit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.04 9.48 10.19 9.12 9.64

Orix Jreit Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 8.96 9.13 9.33 9.06 8.56

FRA:O2F vs BXP, ARE, VNO: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, Orix Jreit'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.


Orix Jreit Debt-to-EBITDA vs REITs Industry

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

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


FRA:O2F
71GF Score
Orix Jreit Inc FRA:O2F
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orix Jreit Debt-to-EBITDA Calculation

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

Orix Jreit's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(223.937 + 1681.846) / 197.639
=9.64

Orix Jreit's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(245.299 + 1651.21) / 221.584
=8.56

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.56 mean?
Orix Jreit (FRA:O2F) has a Debt-to-EBITDA of 8.56 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Orix Jreit. This is 13% below median its historical median of 9.84. Over the past decade, Orix Jreit's Debt-to-EBITDA has ranged from 8.77 to 10.62. According to the industry distribution chart, Orix Jreit ranks #413 out of 585 companies in the REITs industry, placing it in the top 70.6%.
Is Orix Jreit's Debt-to-EBITDA too high?
Orix Jreit's current Debt-to-EBITDA of 8.56 is 13% below median its 10-year median of 9.84. Over the past 10 years, this metric has ranged from a low of 8.77 to a high of 10.62. The REITs industry median Debt-to-EBITDA is 6.50. Orix Jreit's value of 8.56 is 31.7% above this industry median. Based on the distribution chart, Orix Jreit ranks #413 out of 585 companies in the REITs industry, which is below the industry midpoint. Overall, Orix Jreit has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #413 out of 585 companies for Debt-to-EBITDA. This places Orix Jreit in the lower half of its industry. The industry median Debt-to-EBITDA is 6.50. Orix Jreit's value of 8.56 is 31.7% above this benchmark. Historically, Orix Jreit's own Debt-to-EBITDA has ranged from 8.77 to 10.62 over the past decade. While the company's 10-year median is 9.84 vs. the industry median of 6.50, Orix Jreit 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 6.50, based on 585 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. Orix Jreit's current Debt-to-EBITDA of 8.56 is 31.7% 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 Orix Jreit. For the REITs industry, the median Debt-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Debt-to-EBITDA is 8.56, which is 13% below median its own 10-year median of 9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Orix Jreit (FRA:O2F) has a current Debt-to-EBITDA of 8.56. The stock's GF Value™ is €523.50, compared to a current price of €500.00 — trading 4.5% below its estimated fair value. The current Debt-to-EBITDA is 8.56, which is 13% below median its 10-year median of 9.84 and 31.7% above the REITs industry median of 6.50. Orix Jreit's overall GF Score™ is 71/100 with 5 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 Orix Jreit (FRA:O2F), the current Debt-to-EBITDA is 8.56 as of Feb. 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 Orix Jreit (FRA:O2F) Overvalued in 2026?

Based on GuruFocus' analysis, Orix Jreit stock appears to be undervalued. The current stock price of €500.00 is trading 4.5% below its estimated GF Value™ of €523.50.

Key valuation signals for FRA:O2F:

  • Debt-to-EBITDA: 8.56 (13% below median its 10-year median of 9.84)
  • GF Value™: €523.50 vs. price of €500.00 (4.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 31.7% above the REITs median (#413 of 585)

No single metric tells the full story. See the FRA:O2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orix Jreit Business Description

Industry Real EstateREITs
Other Exchanges 8954:Japan
Address 2-3-1 Hamamatsucho, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
71GF Score

Get the complete analysis for FRA:O2F

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

€500.00
Price
€523.50
GF Value