NTT DC REIT (FRA:X3E) Debt-to-EBITDA : 5.76 (As of Mar. 2026) — 30% Below Median

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FRA:X3E NTT DC REIT FRA:X3E
20 GF Score
Price €0.79
! 9 Warning Signs
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What is NTT DC REIT Debt-to-EBITDA?

NTT DC REIT FRA:X3E +0.14% 20 Debt-to-EBITDA is 5.76 as of Mar. 2026, which is 30% below its 10-year median of 8.22. GuruFocus rates FRA:X3E with a GF Score™ of 20/100. The stock has 9 warning signs investors should review. Among 569 REITs companies, NTT DC REIT ranks worse than 60.28% on this metric.

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

NTT DC REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0.0 Mil. NTT DC REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €443.0 Mil. NTT DC REIT's annualized EBITDA for the quarter that ended in Mar. 2026 was €76.9 Mil. NTT DC REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 5.76.

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 NTT DC REIT's Debt-to-EBITDA or its related term are showing as below:

FRA:X3E' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.86   Med: 8.22   Max: 8.59
Current: 7.86

During the past 4 years, the highest Debt-to-EBITDA Ratio of NTT DC REIT was 8.59. The lowest was 7.86. And the median was 8.22.

FRA:X3E's Debt-to-EBITDA is ranked worse than
60.28% of 569 companies
in the REITs industry
Industry Median: 6.52 vs FRA:X3E: 7.86

NTT DC REIT  (FRA:X3E) 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.


NTT DC REIT Debt-to-EBITDA Related Terms


NTT DC REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NTT DC 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.

NTT DC REIT Debt-to-EBITDA Chart

NTT DC REIT Annual Data
Trend Mar22 Mar23 Mar24 Mar26
Debt-to-EBITDA
0.00 0.00 8.59 7.86

NTT DC REIT Semi-Annual Data
Mar24 Sep25 Mar26
Debt-to-EBITDA N/A 12.51 5.76

FRA:X3E vs VICI, WPC, BNL: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, NTT DC 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.


NTT DC REIT Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where NTT DC REIT's Debt-to-EBITDA falls into.


FRA:X3E
20GF Score
NTT DC REIT FRA:X3E
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT DC REIT Debt-to-EBITDA Calculation

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

NTT DC REIT's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 443.001) / 56.369
=7.86

NTT DC REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 443.001) / 76.942
=5.76

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 5.76 mean?
NTT DC REIT (FRA:X3E) has a Debt-to-EBITDA of 5.76 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NTT DC REIT. This is 30% below median its historical median of 8.22. Over the past decade, NTT DC REIT's Debt-to-EBITDA has ranged from 7.86 to 8.59. According to the industry distribution chart, NTT DC REIT ranks #343 out of 569 companies in the REITs industry, placing it in the top 60.3%.
Is NTT DC REIT's Debt-to-EBITDA too high?
NTT DC REIT's current Debt-to-EBITDA of 5.76 is 30% below median its 10-year median of 8.22. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 8.59. The REITs industry median Debt-to-EBITDA is 6.52. NTT DC REIT's value of 5.76 is 11.7% below this industry median. Based on the distribution chart, NTT DC REIT ranks #343 out of 569 companies in the REITs industry, which is below the industry midpoint. Overall, NTT DC REIT has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does NTT DC REIT's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, NTT DC REIT ranks #343 out of 569 companies for Debt-to-EBITDA. This places NTT DC REIT in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. NTT DC REIT's value of 5.76 is 11.7% below this benchmark. Historically, NTT DC REIT's own Debt-to-EBITDA has ranged from 7.86 to 8.59 over the past decade. While the company's 10-year median is 8.22 vs. the industry median of 6.52, NTT DC REIT 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.52, based on 569 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. NTT DC REIT's current Debt-to-EBITDA of 5.76 is 11.7% 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 NTT DC REIT. For the REITs industry, the median Debt-to-EBITDA is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DC REIT's current Debt-to-EBITDA is 5.76, which is 30% below median its own 10-year median of 8.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DC REIT stock overvalued right now?
NTT DC REIT (FRA:X3E) has a current Debt-to-EBITDA of 5.76. The current Debt-to-EBITDA is 5.76, which is 30% below median its 10-year median of 8.22 and 11.7% below the REITs industry median of 6.52. NTT DC REIT's overall GF Score™ is 20/100 with 9 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 NTT DC REIT (FRA:X3E), the current Debt-to-EBITDA is 5.76 as of Mar. 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.

NTT DC REIT Business Description

Industry Real EstateREITs
Other Exchanges NTDU:Singapore
Address 8 Kallang Avenue, No.14-01/02, Aperia Tower 1, Singapore, SGP, 339509
NTT DC REIT is a Singapore real estate investment trust (S-REIT) established with the principal of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used for data center purposes, as well as assets necessary to support the digital economy. Its key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
20GF 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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