FREVS (First Real Estate Investment Trust of New Jersey) Debt-to-EBITDA : 10.06 (As of Apr. 2026) — Near Median

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FREVS First Real Estate Investment Trust of New Jersey Inc FREVS
65 GF Score
Price $21.35
GF Value $17.10
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is First Real Estate Investment Trust of New Jersey Debt-to-EBITDA?

First Real Estate Investment Trust of New Jersey FREVS 65 Debt-to-EBITDA is 10.06 as of Apr. 2026, which is 3% above its 10-year median of 9.75. GuruFocus rates FREVS with a GF Score™ of 65/100 and a GF Value™ of $17.10 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 574 REITs companies, First Real Estate Investment Trust of New Jersey ranks worse than 67.77% on this metric.

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

First Real Estate Investment Trust of New Jersey's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.00 Mil. First Real Estate Investment Trust of New Jersey's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $119.94 Mil. First Real Estate Investment Trust of New Jersey's annualized EBITDA for the quarter that ended in Apr. 2026 was $11.93 Mil. First Real Estate Investment Trust of New Jersey's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 10.06.

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 First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA or its related term are showing as below:

FREVS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.68   Med: 9.75   Max: 14.05
Current: 8.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of First Real Estate Investment Trust of New Jersey was 14.05. The lowest was 1.68. And the median was 9.75.

FREVS's Debt-to-EBITDA is ranked worse than
67.77% of 574 companies
in the REITs industry
Industry Median: 6.565 vs FREVS: 8.98

First Real Estate Investment Trust of New Jersey  (OTCPK:FREVS) 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.


First Real Estate Investment Trust of New Jersey Debt-to-EBITDA Related Terms


First Real Estate Investment Trust of New Jersey Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust of New Jersey'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.

First Real Estate Investment Trust of New Jersey Debt-to-EBITDA Chart

First Real Estate Investment Trust of New Jersey Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.94 1.68 13.45 4.68 8.96

First Real Estate Investment Trust of New Jersey Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 9.40 9.16 8.24 8.84 10.06

FREVS vs ELME, MRTI, CLPR: Debt-to-EBITDA Comparison

For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey'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.


First Real Estate Investment Trust of New Jersey Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA falls into.


FREVS
65GF Score
First Real Estate Investment Trust of New Jersey Inc FREVS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Real Estate Investment Trust of New Jersey Debt-to-EBITDA Calculation

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

First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA for the fiscal year that ended in Oct. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 120.784) / 13.481
=8.96

First Real Estate Investment Trust of New Jersey's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 119.94) / 11.928
=10.06

* 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 (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.06 mean?
First Real Estate Investment Trust of New Jersey (FREVS) has a Debt-to-EBITDA of 10.06 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on First Real Estate Investment Trust of New Jersey. This is near median its historical median of 9.75. Over the past decade, First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA has ranged from 1.68 to 14.05. According to the industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #389 out of 574 companies in the REITs industry, placing it in the top 67.8%.
Is First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA too high?
First Real Estate Investment Trust of New Jersey's current Debt-to-EBITDA of 10.06 is near median its 10-year median of 9.75. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 14.05. The REITs industry median Debt-to-EBITDA is 6.57. First Real Estate Investment Trust of New Jersey's value of 10.06 is 53.2% above this industry median. Based on the distribution chart, First Real Estate Investment Trust of New Jersey ranks #389 out of 574 companies in the REITs industry, which is below the industry midpoint. Overall, First Real Estate Investment Trust of New Jersey has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust of New Jersey's Debt-to-EBITDA compare to ELME and MRTI?
According to the REITs industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #389 out of 574 companies for Debt-to-EBITDA. This places First Real Estate Investment Trust of New Jersey in the lower half of its industry. The industry median Debt-to-EBITDA is 6.57. First Real Estate Investment Trust of New Jersey's value of 10.06 is 53.2% above this benchmark. Historically, First Real Estate Investment Trust of New Jersey's own Debt-to-EBITDA has ranged from 1.68 to 14.05 over the past decade. While the company's 10-year median is 9.75 vs. the industry median of 6.57, First Real Estate Investment Trust of New Jersey 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. First Real Estate Investment Trust of New Jersey's current Debt-to-EBITDA of 10.06 is 53.2% 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 First Real Estate Investment Trust of New Jersey. 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. First Real Estate Investment Trust of New Jersey's current Debt-to-EBITDA is 10.06, which is near median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust of New Jersey stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey (FREVS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.10, compared to a current price of $21.35 — trading 24.9% above its estimated fair value. The current Debt-to-EBITDA is 10.06, which is near median its 10-year median of 9.75 and 53.2% above the REITs industry median of 6.57. First Real Estate Investment Trust of New Jersey's overall GF Score™ is 65/100 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 First Real Estate Investment Trust of New Jersey (FREVS), the current Debt-to-EBITDA is 10.06 as of Apr. 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 First Real Estate Investment Trust of New Jersey (FREVS) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey stock appears to be overvalued. The current stock price of $21.35 is trading 24.9% above its estimated GF Value™ of $17.10. GuruFocus considers First Real Estate Investment Trust of New Jersey to be Modestly Overvalued.

Key valuation signals for FREVS:

  • Debt-to-EBITDA: 10.06 (near median its 10-year median of 9.75)
  • GF Value™: $17.10 vs. price of $21.35 (24.9% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 53.2% above the REITs median (#389 of 574)

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


First Real Estate Investment Trust of New Jersey Business Description

Industry Real EstateREITs
Address 505 Main Street, Suite 400, Hackensack, NJ, USA, 07601
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
65GF Score

Get the complete analysis for FREVS

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

$21.35
Price
$17.10
GF Value