Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
FRA:T0L'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -95.46 Med: 11.79 Max: 202.61
Current: 19.1
During the past 13 years, the highest Debt-to-EBITDA Ratio of Morguard Real Estate Investment Trust was 202.61. The lowest was -95.46. And the median was 11.79.
FRA:T0L's Debt-to-EBITDA is ranked worse than 91.64% of 574
companies
in the REITs industry
Industry Median: 6.565
vs FRA:T0L: 19.10
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.
Morguard Real Estate Investment Trust Debt-to-EBITDA Related Terms
Morguard Real Estate Investment Trust Debt-to-EBITDA Historical Data
* 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.
Morguard Real Estate Investment Trust Debt-to-EBITDA Chart
FRA:T0L vs VICI, WPC, BNL: Debt-to-EBITDA Comparison
For the REIT - Diversified subindustry, Morguard 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.
Morguard Real Estate Investment Trust Debt-to-EBITDA vs REITs Industry
* 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.
Morguard Real Estate Investment Trust (FRA:T0L) has a Debt-to-EBITDA of 18.21 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Morguard Real Estate Investment Trust. This is 54% above median its historical median of 11.79. According to the industry distribution chart, Morguard Real Estate Investment Trust ranks #526 out of 574 companies in the REITs industry, placing it in the top 91.6%.
Is Morguard Real Estate Investment Trust's Debt-to-EBITDA too high?
Morguard Real Estate Investment Trust's current Debt-to-EBITDA of 18.21 is 54% above median its 10-year median of 11.79. The REITs industry median Debt-to-EBITDA is 6.57. Morguard Real Estate Investment Trust's value of 18.21 is 177.4% above this industry median. Based on the distribution chart, Morguard Real Estate Investment Trust ranks #526 out of 574 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Morguard Real Estate Investment Trust has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Morguard Real Estate Investment Trust's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Morguard Real Estate Investment Trust ranks #526 out of 574 companies for Debt-to-EBITDA. This places Morguard Real Estate Investment Trust in the lower half of its industry. The industry median Debt-to-EBITDA is 6.57. Morguard Real Estate Investment Trust's value of 18.21 is 177.4% above this benchmark. While the company's 10-year median is 11.79 vs. the industry median of 6.57, Morguard Real Estate Investment Trust 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 6.57, based on 574 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. Morguard Real Estate Investment Trust's current Debt-to-EBITDA of 18.21 is 177.4% 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 Morguard Real Estate Investment Trust. For the REITs industry, the median Debt-to-EBITDA is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard Real Estate Investment Trust's current Debt-to-EBITDA is 18.21, which is 54% above median its own 10-year median of 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard Real Estate Investment Trust stock overvalued right now?
Morguard Real Estate Investment Trust (FRA:T0L) has a current Debt-to-EBITDA of 18.21. The stock's GF Value™ is €3.21, compared to a current price of €4.31 — trading 34.4% above its estimated fair value. The current Debt-to-EBITDA is 18.21, which is 54% above median its 10-year median of 11.79 and 177.4% above the REITs industry median of 6.57. Morguard Real Estate Investment Trust's overall GF Score™ is 58/100 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 Morguard Real Estate Investment Trust (FRA:T0L), the current Debt-to-EBITDA is 18.21 as of Jun. 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 Morguard Real Estate Investment Trust (FRA:T0L) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard Real Estate Investment Trust stock appears to be overvalued.
The current stock price of €4.31 is trading 34.4% above its estimated GF Value™ of €3.21.
Key valuation signals for FRA:T0L:
Debt-to-EBITDA: 18.21 (54% above median its 10-year median of 11.79)
GF Value™: €3.21 vs. price of €4.31 (34.4% above fair value)
Industry Position: 177.4% above the REITs median (#526 of 574)
No single metric tells the full story. See the FRA:T0L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It derives maximum revenue from the Retail segment.
58GF Score
Get the complete analysis for FRA:T0L
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:T0L has been successfully added to your 
