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Dipula PropertiesJSE:DIB -0.28%46 Debt-to-EBITDA is 4.53 as of Feb. 2026, which is 31% above its 10-year median of 3.45. GuruFocus rates JSE:DIB with a GF Score™ of 46/100 and a GF Value™ of R2.96 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 573 REITs companies, Dipula Properties ranks better than 83.94% 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 Dipula Properties's Debt-to-EBITDA or its related term are showing as below:
JSE:DIB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.66 Med: 3.45 Max: 7.22
Current: 3.09
During the past 13 years, the highest Debt-to-EBITDA Ratio of Dipula Properties was 7.22. The lowest was 2.66. And the median was 3.45.
JSE:DIB's Debt-to-EBITDA is ranked better than 83.94% of 573
companies
in the REITs industry
Industry Median: 6.57
vs JSE:DIB: 3.09
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.
Dipula Properties Debt-to-EBITDA Related Terms
Dipula Properties Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dipula Properties'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, Dipula Properties'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.
Dipula Properties Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Dipula Properties's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dipula Properties'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 (Feb. 2026) EBITDA data.
Dipula Properties (JSE:DIB) has a Debt-to-EBITDA of 4.53 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Dipula Properties. This is 31% above median its historical median of 3.45. Over the past decade, Dipula Properties' Debt-to-EBITDA has ranged from 2.66 to 7.22. According to the industry distribution chart, Dipula Properties ranks #92 out of 573 companies in the REITs industry, placing it in the top 16.1%.
Is Dipula Properties' Debt-to-EBITDA too high?
Dipula Properties' current Debt-to-EBITDA of 4.53 is 31% above median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 7.22. The REITs industry median Debt-to-EBITDA is 6.57. Dipula Properties' value of 4.53 is 31.1% below this industry median. Based on the distribution chart, Dipula Properties ranks #92 out of 573 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dipula Properties has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dipula Properties' Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Dipula Properties ranks #92 out of 573 companies for Debt-to-EBITDA. This places Dipula Properties in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.57. Dipula Properties' value of 4.53 is 31.1% below this benchmark. Historically, Dipula Properties' own Debt-to-EBITDA has ranged from 2.66 to 7.22 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 6.57, Dipula Properties 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 6.57, based on 573 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. Dipula Properties's current Debt-to-EBITDA of 4.53 is 31.1% 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 Dipula Properties. For the REITs industry, the median Debt-to-EBITDA is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dipula Properties's current Debt-to-EBITDA is 4.53, which is 31% above median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dipula Properties stock overvalued right now?
Based on GuruFocus' analysis, Dipula Properties (JSE:DIB) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.96, compared to a current price of R7.12 — trading 140.5% above its estimated fair value. The current Debt-to-EBITDA is 4.53, which is 31% above median its 10-year median of 3.45 and 31.1% below the REITs industry median of 6.57. Dipula Properties' overall GF Score™ is 46/100 with 11 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 Dipula Properties (JSE:DIB), the current Debt-to-EBITDA is 4.53 as of Feb. 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 Dipula Properties (JSE:DIB) Overvalued in 2026?
Based on GuruFocus' analysis, Dipula Properties stock appears to be overvalued.
The current stock price of R7.12 is trading 140.5% above its estimated GF Value™ of R2.96.
GuruFocus considers Dipula Properties to be Significantly Overvalued.
Key valuation signals for JSE:DIB:
Debt-to-EBITDA: 4.53 (31% above median its 10-year median of 3.45)
GF Value™: R2.96 vs. price of R7.12 (140.5% above fair value)
Industry Position: 31.1% below the REITs median (#92 of 573)
No single metric tells the full story. See the JSE:DIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dipula Properties Ltd is a South Africa-based real estate investment trust that owns a diversified property portfolio comprising defensive urban, township, and rural community retail centres. In addition to retail assets, the company also owns mid-sized industrial and logistics properties, office properties in urban areas, and affordable residential rental assets located in economically active regions across South Africa. The company's operating segments include Retail, Offices, Industrial, Land, Residential, and Corporate. The majority of its revenue is derived from the Retail segment, which represents income generated from its portfolio of shopping centres. The majority of its properties are located in Gauteng.
46GF Score
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