IVREF (Inovalis Real Estate Investment Trust) Debt-to-EBITDA : 2.81 (As of Mar. 2026) — 55% Below Median


IVREF Inovalis Real Estate Investment Trust IVREF
40 GF Score
Price $0.60
GF Value $0.71
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Inovalis Real Estate Investment Trust Debt-to-EBITDA?

Inovalis Real Estate Investment Trust IVREF -6.08% 40 Debt-to-EBITDA is 2.81 as of Mar. 2026, which is 55% below its 10-year median of 6.25. GuruFocus rates IVREF with a GF Scoreâ„¢ of 40/100 and a GF Valueâ„¢ of $0.71 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 583 REITs companies, Inovalis Real Estate Investment Trust ranks worse than 171526.42% on this metric.

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

Inovalis Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $60.25 Mil. Inovalis Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $63.72 Mil. Inovalis Real Estate Investment Trust's annualized EBITDA for the quarter that ended in Mar. 2026 was $44.12 Mil. Inovalis Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.81.

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 Inovalis Real Estate Investment Trust's Debt-to-EBITDA or its related term are showing as below:

IVREF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.07   Med: 6.25   Max: 10.85
Current: -5.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Inovalis Real Estate Investment Trust was 10.85. The lowest was -10.07. And the median was 6.25.

IVREF's Debt-to-EBITDA is ranked worse than
100% of 583 companies
in the REITs industry
Industry Median: 6.49 vs IVREF: -5.50

Inovalis Real Estate Investment Trust  (OTCPK:IVREF) 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.


Inovalis Real Estate Investment Trust Debt-to-EBITDA Related Terms


Inovalis Real Estate Investment Trust Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Inovalis Real Estate Investment Trust'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.

Inovalis Real Estate Investment Trust Debt-to-EBITDA Chart

Inovalis Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 -6.95 -10.07 -3.49 -4.85

Inovalis Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.29 -5.67 22.99 -1.31 2.81

IVREF vs BXP, ARE, VNO: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, Inovalis Real Estate Investment Trust'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.


Inovalis Real Estate Investment Trust Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Inovalis Real Estate Investment Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inovalis Real Estate Investment Trust's Debt-to-EBITDA falls into.


IVREF
40GF Score
Inovalis Real Estate Investment Trust IVREF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Inovalis Real Estate Investment Trust Debt-to-EBITDA Calculation

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

Inovalis Real Estate Investment Trust'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
=(40.339 + 107.923) / -30.567
=-4.85

Inovalis Real Estate Investment Trust's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(60.25 + 63.724) / 44.12
=2.81

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.81 mean?
Inovalis Real Estate Investment Trust (IVREF) has a Debt-to-EBITDA of 2.81 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 Inovalis Real Estate Investment Trust. This is 55% below median its historical median of 6.25. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #999999 out of 583 companies in the REITs industry.
Is Inovalis Real Estate Investment Trust's Debt-to-EBITDA too high?
Inovalis Real Estate Investment Trust's current Debt-to-EBITDA of 2.81 is 55% below median its 10-year median of 6.25. The REITs industry median Debt-to-EBITDA is 6.49. Inovalis Real Estate Investment Trust's value of 2.81 is 56.7% below this industry median. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #999999 out of 583 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Inovalis Real Estate Investment Trust has a GF Scoreâ„¢ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #999999 out of 583 companies for Debt-to-EBITDA. This places Inovalis Real Estate Investment Trust in the lower half of its industry. The industry median Debt-to-EBITDA is 6.49. Inovalis Real Estate Investment Trust's value of 2.81 is 56.7% below this benchmark. While the company's 10-year median is 6.25 vs. the industry median of 6.49, Inovalis Real Estate Investment Trust 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 583 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. Inovalis Real Estate Investment Trust's current Debt-to-EBITDA of 2.81 is 56.7% 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 Inovalis Real Estate Investment Trust. 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. Inovalis Real Estate Investment Trust's current Debt-to-EBITDA is 2.81, which is 55% below median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust (IVREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.71, compared to a current price of $0.60 — trading 15.3% below its estimated fair value. The current Debt-to-EBITDA is 2.81, which is 55% below median its 10-year median of 6.25 and 56.7% below the REITs industry median of 6.49. Inovalis Real Estate Investment Trust's overall GF Score™ is 40/100 with 9 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 Inovalis Real Estate Investment Trust (IVREF), the current Debt-to-EBITDA is 2.81 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?

Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.60 is trading 15.3% below its estimated GF Value™ of $0.71. GuruFocus considers Inovalis Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for IVREF:

  • Debt-to-EBITDA: 2.81 (55% below median its 10-year median of 6.25)
  • GF Value™: $0.71 vs. price of $0.60 (15.3% below fair value)
  • GF Score™: 40/100 with 9 warning signs
  • Industry Position: 56.7% below the REITs median (#999999 of 583)

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


Inovalis Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges INO.UN:Canada
Address 151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7
Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
40GF Score

Get the complete analysis for IVREF

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

$0.60
Price
$0.71
GF Value