GLPJF (GLP J-REIT) Debt-to-EBITDA : 9.60 (As of Feb. 2026) — Near Median

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GLPJF GLP J-REIT GLPJF
71 GF Score
Price $824.70
GF Value $847.11
! 6 Warning Signs
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What is GLP J-REIT Debt-to-EBITDA?

GLP J-REIT GLPJF -5.09% 71 Debt-to-EBITDA is 9.60 as of Feb. 2026, which is 8% below its 10-year median of 10.43. GuruFocus rates GLPJF with a GF Score™ of 71/100 and a GF Value™ of $847.11. The stock has 6 warning signs investors should review. Among 578 REITs companies, GLP J-REIT ranks worse than 72.49% on this metric.

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

GLP J-REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $389.9 Mil. GLP J-REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $2,166.9 Mil. GLP J-REIT's annualized EBITDA for the quarter that ended in Feb. 2026 was $266.3 Mil. GLP J-REIT's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 9.60.

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

GLPJF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 9.34   Med: 10.43   Max: 10.82
Current: 9.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of GLP J-REIT was 10.82. The lowest was 9.34. And the median was 10.43.

GLPJF's Debt-to-EBITDA is ranked worse than
72.49% of 578 companies
in the REITs industry
Industry Median: 6.49 vs GLPJF: 9.34

GLP J-REIT  (OTCPK:GLPJF) 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.


GLP J-REIT Debt-to-EBITDA Related Terms


GLP J-REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for GLP J-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.

GLP J-REIT Debt-to-EBITDA Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.61 9.80 10.43 10.43 9.34

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 10.82 10.07 9.59 9.10 9.60

GLPJF vs PLD, PSA, EXR: Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, GLP J-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.


GLP J-REIT Debt-to-EBITDA vs REITs Industry

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

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


GLPJF
71GF Score
GLP J-REIT GLPJF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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GLP J-REIT Debt-to-EBITDA Calculation

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

GLP J-REIT's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(320.182 + 2368.75) / 287.936
=9.34

GLP J-REIT's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(389.873 + 2166.902) / 266.294
=9.60

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 9.60 mean?
GLP J-REIT (GLPJF) has a Debt-to-EBITDA of 9.60 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on GLP J-REIT. This is near median its historical median of 10.43. Over the past decade, GLP J-REIT's Debt-to-EBITDA has ranged from 9.34 to 10.82. According to the industry distribution chart, GLP J-REIT ranks #419 out of 578 companies in the REITs industry, placing it in the top 72.5%.
Is GLP J-REIT's Debt-to-EBITDA too high?
GLP J-REIT's current Debt-to-EBITDA of 9.60 is near median its 10-year median of 10.43. Over the past 10 years, this metric has ranged from a low of 9.34 to a high of 10.82. The REITs industry median Debt-to-EBITDA is 6.49. GLP J-REIT's value of 9.60 is 47.9% above this industry median. Based on the distribution chart, GLP J-REIT ranks #419 out of 578 companies in the REITs industry, which is below the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Debt-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #419 out of 578 companies for Debt-to-EBITDA. This places GLP J-REIT in the lower half of its industry. The industry median Debt-to-EBITDA is 6.49. GLP J-REIT's value of 9.60 is 47.9% above this benchmark. Historically, GLP J-REIT's own Debt-to-EBITDA has ranged from 9.34 to 10.82 over the past decade. While the company's 10-year median is 10.43 vs. the industry median of 6.49, GLP J-REIT 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 6.49, based on 578 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. GLP J-REIT's current Debt-to-EBITDA of 9.60 is 47.9% 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 GLP J-REIT. For the REITs industry, the median Debt-to-EBITDA is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current Debt-to-EBITDA is 9.60, which is near median its own 10-year median of 10.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
GLP J-REIT (GLPJF) has a current Debt-to-EBITDA of 9.60. The stock's GF Value™ is $847.11, compared to a current price of $824.70 — trading 2.6% below its estimated fair value. The current Debt-to-EBITDA is 9.60, which is near median its 10-year median of 10.43 and 47.9% above the REITs industry median of 6.49. GLP J-REIT's overall GF Score™ is 71/100 with 6 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 GLP J-REIT (GLPJF), the current Debt-to-EBITDA is 9.60 as of Feb. 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 GLP J-REIT (GLPJF) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of $824.70 is trading 2.6% below its estimated GF Value™ of $847.11.

Key valuation signals for GLPJF:

  • Debt-to-EBITDA: 9.60 (near median its 10-year median of 10.43)
  • GF Value™: $847.11 vs. price of $824.70 (2.6% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 47.9% above the REITs median (#419 of 578)

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


GLP J-REIT Business Description

Industry Real EstateREITs
Other Exchanges 3281:Japan
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
71GF Score

Get the complete analysis for GLPJF

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

$824.70
Price
$847.11
GF Value