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Burstone GroupJSE:BTN -0.10%65 Debt-to-EBITDA is 3.80 as of Mar. 2026, which is 31% below its 10-year median of 5.48. GuruFocus rates JSE:BTN with a GF Score™ of 65/100 and a GF Value™ of R8.82 (Fairly Valued). The stock has 12 warning signs investors should review. Among 570 REITs companies, Burstone Group ranks better than 64.21% 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 Burstone Group's Debt-to-EBITDA or its related term are showing as below:
JSE:BTN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.15 Med: 5.48 Max: 13.96
Current: 4.98
During the past 13 years, the highest Debt-to-EBITDA Ratio of Burstone Group was 13.96. The lowest was -6.15. And the median was 5.48.
JSE:BTN's Debt-to-EBITDA is ranked better than 64.21% of 570
companies
in the REITs industry
Industry Median: 6.38
vs JSE:BTN: 4.98
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.
Burstone Group Debt-to-EBITDA Related Terms
Burstone Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Burstone Group'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 - Diversified subindustry, Burstone Group'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.
Burstone Group Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Burstone Group'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 (Mar. 2026) EBITDA data.
Burstone Group (JSE:BTN) has a Debt-to-EBITDA of 3.80 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 Burstone Group. This is 31% below median its historical median of 5.48. According to the industry distribution chart, Burstone Group ranks #204 out of 570 companies in the REITs industry, placing it in the top 35.8%.
Is Burstone Group's Debt-to-EBITDA too high?
Burstone Group's current Debt-to-EBITDA of 3.80 is 31% below median its 10-year median of 5.48. The REITs industry median Debt-to-EBITDA is 6.38. Burstone Group's value of 3.80 is 40.4% below this industry median. Based on the distribution chart, Burstone Group ranks #204 out of 570 companies in the REITs industry, which is above the industry midpoint. Overall, Burstone Group has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #204 out of 570 companies for Debt-to-EBITDA. This puts Burstone Group in the upper half of its industry. The industry median Debt-to-EBITDA is 6.38. Burstone Group's value of 3.80 is 40.4% below this benchmark. While the company's 10-year median is 5.48 vs. the industry median of 6.38, Burstone Group 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 6.38, based on 570 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. Burstone Group's current Debt-to-EBITDA of 3.80 is 40.4% 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 Burstone Group. For the REITs industry, the median Debt-to-EBITDA is 6.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current Debt-to-EBITDA is 3.80, which is 31% below median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Fairly Valued. The stock's GF Value™ is R8.82, compared to a current price of R9.55 — trading 8.3% above its estimated fair value. The current Debt-to-EBITDA is 3.80, which is 31% below median its 10-year median of 5.48 and 40.4% below the REITs industry median of 6.38. Burstone Group's overall GF Score™ is 65/100 with 12 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 Burstone Group (JSE:BTN), the current Debt-to-EBITDA is 3.80 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued.
The current stock price of R9.55 is trading 8.3% above its estimated GF Value™ of R8.82.
GuruFocus considers Burstone Group to be Fairly Valued.
Key valuation signals for JSE:BTN:
Debt-to-EBITDA: 3.80 (31% below median its 10-year median of 5.48)
GF Value™: R8.82 vs. price of R9.55 (8.3% above fair value)
Industry Position: 40.4% below the REITs median (#204 of 570)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
65GF Score
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