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.
HammersonHMSNF 69 Debt-to-EBITDA is 4.36 as of Dec. 2025, which is 114% above its 10-year median of 2.04. GuruFocus rates HMSNF with a GF Score™ of 69/100 and a GF Value™ of $6.56 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 578 REITs companies, Hammerson ranks better than 59.17% 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 Hammerson's Debt-to-EBITDA or its related term are showing as below:
HMSNF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -48.67 Med: 2.04 Max: 175.35
Current: 5.49
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hammerson was 175.35. The lowest was -48.67. And the median was 2.04.
HMSNF's Debt-to-EBITDA is ranked better than 59.17% of 578
companies
in the REITs industry
Industry Median: 6.49
vs HMSNF: 5.49
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.
Hammerson Debt-to-EBITDA Related Terms
Hammerson Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Hammerson'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.
For the REIT - Retail subindustry, Hammerson'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.
Hammerson Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Hammerson's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hammerson'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 two times the quarterly (Dec. 2025) EBITDA data.
Hammerson (HMSNF) has a Debt-to-EBITDA of 4.36 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 Hammerson. This is 114% above median its historical median of 2.04. According to the industry distribution chart, Hammerson ranks #236 out of 578 companies in the REITs industry, placing it in the top 40.8%.
Is Hammerson's Debt-to-EBITDA too high?
Hammerson's current Debt-to-EBITDA of 4.36 is 114% above median its 10-year median of 2.04. The REITs industry median Debt-to-EBITDA is 6.49. Hammerson's value of 4.36 is 32.8% below this industry median. Based on the distribution chart, Hammerson ranks #236 out of 578 companies in the REITs industry, which is above the industry midpoint. Overall, Hammerson has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hammerson's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Hammerson ranks #236 out of 578 companies for Debt-to-EBITDA. This puts Hammerson in the upper half of its industry. The industry median Debt-to-EBITDA is 6.49. Hammerson's value of 4.36 is 32.8% below this benchmark. While the company's 10-year median is 2.04 vs. the industry median of 6.49, Hammerson 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 6.49, 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. Hammerson's current Debt-to-EBITDA of 4.36 is 32.8% 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 Hammerson. 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. Hammerson's current Debt-to-EBITDA is 4.36, which is 114% above median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hammerson stock overvalued right now?
Based on GuruFocus' analysis, Hammerson (HMSNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.56, compared to a current price of $4.95 — trading 24.5% below its estimated fair value. The current Debt-to-EBITDA is 4.36, which is 114% above median its 10-year median of 2.04 and 32.8% below the REITs industry median of 6.49. Hammerson's overall GF Score™ is 69/100 with 8 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 Hammerson (HMSNF), the current Debt-to-EBITDA is 4.36 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 Hammerson (HMSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Hammerson stock appears to be undervalued.
The current stock price of $4.95 is trading 24.5% below its estimated GF Value™ of $6.56.
GuruFocus considers Hammerson to be Modestly Undervalued.
Key valuation signals for HMSNF:
Debt-to-EBITDA: 4.36 (114% above median its 10-year median of 2.04)
GF Value™: $6.56 vs. price of $4.95 (24.5% below fair value)
Industry Position: 32.8% below the REITs median (#236 of 578)
No single metric tells the full story. See the HMSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hammerson PLC is a real estate investment trust based in the United Kingdom. It invests in, manages, and develops retail properties in Europe. The REIT's portfolio includes shopping centers, retail parks, outlets, and development projects. Hammerson categorizes its operations into three segments based on geography: the United Kingdom segment, which delivers the majority of its total revenue, the France segment, and the Ireland segment. The company generates revenue mainly from leasing its properties to retail tenants.
69GF Score
Get the complete analysis for HMSNF
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
HMSNF has been successfully added to your 
