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.
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.
GAG Immobilien AGHAM:GWK3 70 Debt-to-EBITDA is 14.43 as of Dec. 2025, which is 6% above its 10-year median of 13.58. GuruFocus rates HAM:GWK3 with a GF Score™ of 70/100 and a GF Value™ of €54.94 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,271 Real Estate companies, GAG Immobilien AG ranks worse than 83.16% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 GAG Immobilien AG's Debt-to-EBITDA or its related term are showing as below:
HAM:GWK3'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.32 Med: 13.58 Max: 14.43
Current: 14.43
During the past 13 years, the highest Debt-to-EBITDA Ratio of GAG Immobilien AG was 14.43. The lowest was -0.32. And the median was 13.58.
HAM:GWK3's Debt-to-EBITDA is ranked worse than 83.16% of 1271
companies
in the Real Estate industry
Industry Median: 5.5
vs HAM:GWK3: 14.43
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.
GAG Immobilien AG Debt-to-EBITDA Related Terms
GAG Immobilien AG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for GAG Immobilien AG'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.
HAM:GWK3 vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison
For the Real Estate Services subindustry, GAG Immobilien AG'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.
GAG Immobilien AG Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, GAG Immobilien AG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where GAG Immobilien AG'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 one times the quarterly (Dec. 2025) EBITDA data.
GAG Immobilien AG (HAM:GWK3) has a Debt-to-EBITDA of 14.43 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 GAG Immobilien AG. This is near median its historical median of 13.58. According to the industry distribution chart, GAG Immobilien AG ranks #1057 out of 1271 companies in the Real Estate industry, placing it in the top 83.2%.
Is GAG Immobilien AG's Debt-to-EBITDA too high?
GAG Immobilien AG's current Debt-to-EBITDA of 14.43 is near median its 10-year median of 13.58. The Real Estate industry median Debt-to-EBITDA is 5.50. GAG Immobilien AG's value of 14.43 is 162.4% above this industry median. Based on the distribution chart, GAG Immobilien AG ranks #1057 out of 1271 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, GAG Immobilien AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GAG Immobilien AG's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, GAG Immobilien AG ranks #1057 out of 1271 companies for Debt-to-EBITDA. This places GAG Immobilien AG in the lower half of its industry. The industry median Debt-to-EBITDA is 5.50. GAG Immobilien AG's value of 14.43 is 162.4% above this benchmark. While the company's 10-year median is 13.58 vs. the industry median of 5.50, GAG Immobilien AG 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 5.50, based on 1,271 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. GAG Immobilien AG's current Debt-to-EBITDA of 14.43 is 162.4% 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 GAG Immobilien AG. For the Real Estate industry, the median Debt-to-EBITDA is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAG Immobilien AG's current Debt-to-EBITDA is 14.43, which is near median its own 10-year median of 13.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAG Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, GAG Immobilien AG (HAM:GWK3) is currently considered Modestly Undervalued. The stock's GF Value™ is €54.94, compared to a current price of €47.00 — trading 14.5% below its estimated fair value. The current Debt-to-EBITDA is 14.43, which is near median its 10-year median of 13.58 and 162.4% above the Real Estate industry median of 5.50. GAG Immobilien AG's overall GF Score™ is 70/100 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 GAG Immobilien AG (HAM:GWK3), the current Debt-to-EBITDA is 14.43 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 GAG Immobilien AG (HAM:GWK3) Overvalued in 2026?
Based on GuruFocus' analysis, GAG Immobilien AG stock appears to be undervalued.
The current stock price of €47.00 is trading 14.5% below its estimated GF Value™ of €54.94.
GuruFocus considers GAG Immobilien AG to be Modestly Undervalued.
Key valuation signals for HAM:GWK3:
Debt-to-EBITDA: 14.43 (near median its 10-year median of 13.58)
GF Value™: €54.94 vs. price of €47.00 (14.5% below fair value)
Industry Position: 162.4% above the Real Estate median (#1057 of 1271)
No single metric tells the full story. See the HAM:GWK3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GAG Immobilien AG is a Germany based provider of real-estate services and consultation in the city of Cologne. The company operates as a landlord, and is focused on the business of Leasing, Selling and Managing properties. In the leasing business, the company focuses on leasing the properties it owns. The organization apart from being involved in the provision of leasing services, also sells homes, condominiums, flats and buildings. In the Managing business, the entity undertakes the management and administration of third-party apartments for their owners or owner associations.
70GF Score
Get the complete analysis for HAM:GWK3
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:GWK3 has been successfully added to your 
