FRPH (FRP Holdings) Debt-to-EBITDA : 15.84 (As of Jun. 2026) — 173% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRPH FRP Holdings Inc FRPH
73 GF Score
Price $21.90
GF Value $29.41
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is FRP Holdings Debt-to-EBITDA?

FRP Holdings FRPH -0.68% 73 Debt-to-EBITDA is 15.84 as of Jun. 2026, which is 173% above its 10-year median of 5.81. GuruFocus rates FRPH with a GF Score™ of 73/100 and a GF Value™ of $29.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,277 Real Estate companies, FRP Holdings ranks worse than 83.56% on this metric.

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

FRP Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.00 Mil. FRP Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $214.62 Mil. FRP Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was $13.55 Mil. FRP Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 15.84.

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 FRP Holdings's Debt-to-EBITDA or its related term are showing as below:

FRPH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.37   Med: 5.81   Max: 15.25
Current: 15.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of FRP Holdings was 15.25. The lowest was 1.37. And the median was 5.81.

FRPH's Debt-to-EBITDA is ranked worse than
83.56% of 1277 companies
in the Real Estate industry
Industry Median: 5.49 vs FRPH: 15.25

FRP Holdings  (NAS:FRPH) 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.


FRP Holdings Debt-to-EBITDA Related Terms


FRP Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for FRP Holdings'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.

FRP Holdings Debt-to-EBITDA Chart

FRP Holdings Annual Data
Trend Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.72 8.89 8.24 8.12 10.63

FRP Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.95 10.27 13.52 19.52 15.84

FRPH vs REAX, TCI, RMR: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, FRP Holdings'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.


FRP Holdings Debt-to-EBITDA vs Real Estate Industry

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

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


FRPH
73GF Score
FRP Holdings Inc FRPH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FRP Holdings Debt-to-EBITDA Calculation

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

FRP Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 192.554) / 18.122
=10.63

FRP Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 214.618) / 13.552
=15.84

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 15.84 mean?
FRP Holdings (FRPH) has a Debt-to-EBITDA of 15.84 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 FRP Holdings. This is 173% above median its historical median of 5.81. Over the past decade, FRP Holdings' Debt-to-EBITDA has ranged from 1.37 to 15.25. According to the industry distribution chart, FRP Holdings ranks #1067 out of 1277 companies in the Real Estate industry, placing it in the top 83.6%.
Is FRP Holdings' Debt-to-EBITDA too high?
FRP Holdings' current Debt-to-EBITDA of 15.84 is 173% above median its 10-year median of 5.81. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 15.25. The Real Estate industry median Debt-to-EBITDA is 5.49. FRP Holdings' value of 15.84 is 188.5% above this industry median. Based on the distribution chart, FRP Holdings ranks #1067 out of 1277 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, FRP Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FRP Holdings' Debt-to-EBITDA compare to REAX and TCI?
According to the Real Estate industry distribution chart, FRP Holdings ranks #1067 out of 1277 companies for Debt-to-EBITDA. This places FRP Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 5.49. FRP Holdings' value of 15.84 is 188.5% above this benchmark. Historically, FRP Holdings' own Debt-to-EBITDA has ranged from 1.37 to 15.25 over the past decade. While the company's 10-year median is 5.81 vs. the industry median of 5.49, FRP Holdings 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.49, based on 1,277 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. FRP Holdings's current Debt-to-EBITDA of 15.84 is 188.5% 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 FRP Holdings. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FRP Holdings's current Debt-to-EBITDA is 15.84, which is 173% above median its own 10-year median of 5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FRP Holdings stock overvalued right now?
Based on GuruFocus' analysis, FRP Holdings (FRPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.41, compared to a current price of $21.90 — trading 25.5% below its estimated fair value. The current Debt-to-EBITDA is 15.84, which is 173% above median its 10-year median of 5.81 and 188.5% above the Real Estate industry median of 5.49. FRP Holdings' overall GF Score™ is 73/100 with 4 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 FRP Holdings (FRPH), the current Debt-to-EBITDA is 15.84 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 FRP Holdings (FRPH) Overvalued in 2026?

Based on GuruFocus' analysis, FRP Holdings stock appears to be undervalued. The current stock price of $21.90 is trading 25.5% below its estimated GF Value™ of $29.41. GuruFocus considers FRP Holdings to be Modestly Undervalued.

Key valuation signals for FRPH:

  • Debt-to-EBITDA: 15.84 (173% above median its 10-year median of 5.81)
  • GF Value™: $29.41 vs. price of $21.90 (25.5% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 188.5% above the Real Estate median (#1067 of 1277)

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


FRP Holdings Business Description

Address 200 West Forsyth Street, 7th Floor, Jacksonville, FL, USA, 32202
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Industrial/Commercial Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, industrial, and office (the Development Segment), and (iv) management of mixed-use residential/retail properties owned through joint ventures.
73GF Score

Get the complete analysis for FRPH

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

$21.90
Price
$29.41
GF Value