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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 PT City Retail Developments Tbk's Debt-to-EBITDA or its related term are showing as below:
ISX:NIRO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.4 Med: 23.43 Max: 39.56
Current: 17.29
During the past 13 years, the highest Debt-to-EBITDA Ratio of PT City Retail Developments Tbk was 39.56. The lowest was 8.40. And the median was 23.43.
ISX:NIRO's Debt-to-EBITDA is ranked worse than 85.47% of 1273
companies
in the Real Estate industry
Industry Median: 5.66
vs ISX:NIRO: 17.29
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.
PT City Retail Developments Tbk Debt-to-EBITDA Related Terms
PT City Retail Developments Tbk Debt-to-EBITDA Historical Data
* 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.
PT City Retail Developments Tbk Debt-to-EBITDA Chart
ISX:NIRO vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison
For the Real Estate Services subindustry, PT City Retail Developments Tbk'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.
PT City Retail Developments Tbk Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, PT City Retail Developments Tbk's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where PT City Retail Developments Tbk'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 four times the quarterly (Mar. 2026) EBITDA data.
PT City Retail Developments Tbk (ISX:NIRO) has a Debt-to-EBITDA of 8.40 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PT City Retail Developments Tbk. This is 64% below median its historical median of 23.43. Over the past decade, PT City Retail Developments Tbk's Debt-to-EBITDA has ranged from 8.40 to 39.56. According to the industry distribution chart, PT City Retail Developments Tbk ranks #1088 out of 1273 companies in the Real Estate industry, placing it in the top 85.5%.
Is PT City Retail Developments Tbk's Debt-to-EBITDA too high?
PT City Retail Developments Tbk's current Debt-to-EBITDA of 8.40 is 64% below median its 10-year median of 23.43. Over the past 10 years, this metric has ranged from a low of 8.40 to a high of 39.56. The Real Estate industry median Debt-to-EBITDA is 5.66. PT City Retail Developments Tbk's value of 8.40 is 48.4% above this industry median. Based on the distribution chart, PT City Retail Developments Tbk ranks #1088 out of 1273 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, PT City Retail Developments Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT City Retail Developments Tbk's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PT City Retail Developments Tbk ranks #1088 out of 1273 companies for Debt-to-EBITDA. This places PT City Retail Developments Tbk in the lower half of its industry. The industry median Debt-to-EBITDA is 5.66. PT City Retail Developments Tbk's value of 8.40 is 48.4% above this benchmark. Historically, PT City Retail Developments Tbk's own Debt-to-EBITDA has ranged from 8.40 to 39.56 over the past decade. While the company's 10-year median is 23.43 vs. the industry median of 5.66, PT City Retail Developments Tbk 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 5.66, based on 1,273 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. PT City Retail Developments Tbk's current Debt-to-EBITDA of 8.40 is 48.4% 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 PT City Retail Developments Tbk. For the Real Estate industry, the median Debt-to-EBITDA is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT City Retail Developments Tbk's current Debt-to-EBITDA is 8.40, which is 64% below median its own 10-year median of 23.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT City Retail Developments Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT City Retail Developments Tbk (ISX:NIRO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp205.05, compared to a current price of Rp166.00 — trading 19% below its estimated fair value. The current Debt-to-EBITDA is 8.40, which is 64% below median its 10-year median of 23.43 and 48.4% above the Real Estate industry median of 5.66. PT City Retail Developments Tbk's overall GF Score™ is 78/100 with 3 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 PT City Retail Developments Tbk (ISX:NIRO), the current Debt-to-EBITDA is 8.40 as of Mar. 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 PT City Retail Developments Tbk (ISX:NIRO) Overvalued in 2026?
Based on GuruFocus' analysis, PT City Retail Developments Tbk stock appears to be undervalued.
The current stock price of Rp166.00 is trading 19% below its estimated GF Value™ of Rp205.05.
GuruFocus considers PT City Retail Developments Tbk to be Modestly Undervalued.
Key valuation signals for ISX:NIRO:
Debt-to-EBITDA: 8.40 (64% below median its 10-year median of 23.43)
GF Value™: Rp205.05 vs. price of Rp166.00 (19% below fair value)
Industry Position: 48.4% above the Real Estate median (#1088 of 1273)
No single metric tells the full story. See the ISX:NIRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT City Retail Developments Tbk is an Indonesia-based lease retail developer. It develops, operates, and owns shopping malls across Indonesia's young and upstart cities. The Company's business segments are Shopping Mall, Hotel, Shop House and Others. It generates maximum revenue from the Shopping Mall segment.
78GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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