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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 Warehouses Estates Belgium's Debt-to-EBITDA or its related term are showing as below:
FRA:WPK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.62 Med: 8.72 Max: 12.95
Current: 7.54
During the past 13 years, the highest Debt-to-EBITDA Ratio of Warehouses Estates Belgium was 12.95. The lowest was 3.62. And the median was 8.72.
FRA:WPK's Debt-to-EBITDA is ranked worse than 58.58% of 577
companies
in the REITs industry
Industry Median: 6.56
vs FRA:WPK: 7.54
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.
Warehouses Estates Belgium Debt-to-EBITDA Related Terms
Warehouses Estates Belgium 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.
FRA:WPK vs VICI, WPC, BNL: Debt-to-EBITDA Comparison
For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.
Warehouses Estates Belgium Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Warehouses Estates Belgium's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Warehouses Estates Belgium'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 (Dec. 2025) EBITDA data.
Warehouses Estates Belgium (FRA:WPK) has a Debt-to-EBITDA of 6.64 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 Warehouses Estates Belgium. This is 24% below median its historical median of 8.72. Over the past decade, Warehouses Estates Belgium's Debt-to-EBITDA has ranged from 3.62 to 12.95. According to the industry distribution chart, Warehouses Estates Belgium ranks #338 out of 577 companies in the REITs industry, placing it in the top 58.6%.
Is Warehouses Estates Belgium's Debt-to-EBITDA too high?
Warehouses Estates Belgium's current Debt-to-EBITDA of 6.64 is 24% below median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 3.62 to a high of 12.95. The REITs industry median Debt-to-EBITDA is 6.56. Warehouses Estates Belgium's value of 6.64 is 1.2% above this industry median. Based on the distribution chart, Warehouses Estates Belgium ranks #338 out of 577 companies in the REITs industry, which is below the industry midpoint. Overall, Warehouses Estates Belgium has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warehouses Estates Belgium's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Warehouses Estates Belgium ranks #338 out of 577 companies for Debt-to-EBITDA. This places Warehouses Estates Belgium in the lower half of its industry. The industry median Debt-to-EBITDA is 6.56. Warehouses Estates Belgium's value of 6.64 is 1.2% above this benchmark. Historically, Warehouses Estates Belgium's own Debt-to-EBITDA has ranged from 3.62 to 12.95 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 6.56, Warehouses Estates Belgium 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 6.56, based on 577 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. Warehouses Estates Belgium's current Debt-to-EBITDA of 6.64 is 1.2% 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 Warehouses Estates Belgium. For the REITs industry, the median Debt-to-EBITDA is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warehouses Estates Belgium's current Debt-to-EBITDA is 6.64, which is 24% below median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses Estates Belgium stock overvalued right now?
Based on GuruFocus' analysis, Warehouses Estates Belgium (FRA:WPK) is currently considered Modestly Overvalued. The stock's GF Value™ is €34.00, compared to a current price of €38.40 — trading 12.9% above its estimated fair value. The current Debt-to-EBITDA is 6.64, which is 24% below median its 10-year median of 8.72 and 1.2% above the REITs industry median of 6.56. Warehouses Estates Belgium's overall GF Score™ is 76/100 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 Warehouses Estates Belgium (FRA:WPK), the current Debt-to-EBITDA is 6.64 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 Warehouses Estates Belgium (FRA:WPK) Overvalued in 2026?
Based on GuruFocus' analysis, Warehouses Estates Belgium stock appears to be overvalued.
The current stock price of €38.40 is trading 12.9% above its estimated GF Value™ of €34.00.
GuruFocus considers Warehouses Estates Belgium to be Modestly Overvalued.
Key valuation signals for FRA:WPK:
Debt-to-EBITDA: 6.64 (24% below median its 10-year median of 8.72)
GF Value™: €34.00 vs. price of €38.40 (12.9% above fair value)
Industry Position: 1.2% above the REITs median (#338 of 577)
No single metric tells the full story. See the FRA:WPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.
76GF Score
Get the complete analysis for FRA:WPK
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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