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Redefine PropertiesJSE:RDF +0.16%55 Debt-to-EBITDA is 3.78 as of Feb. 2026, which is 29% below its 10-year median of 5.36. GuruFocus rates JSE:RDF with a GF Score™ of 55/100 and a GF Value™ of R3.76 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 578 REITs companies, Redefine Properties ranks better than 74.22% 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 Redefine Properties's Debt-to-EBITDA or its related term are showing as below:
JSE:RDF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.83 Med: 5.36 Max: 8.76
Current: 4.22
During the past 13 years, the highest Debt-to-EBITDA Ratio of Redefine Properties was 8.76. The lowest was -2.83. And the median was 5.36.
JSE:RDF's Debt-to-EBITDA is ranked better than 74.22% of 578
companies
in the REITs industry
Industry Median: 6.51
vs JSE:RDF: 4.22
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.
Redefine Properties Debt-to-EBITDA Related Terms
Redefine Properties Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Redefine 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 - Diversified subindustry, Redefine 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.
Redefine Properties Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Redefine Properties's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Redefine 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.
Redefine Properties (JSE:RDF) has a Debt-to-EBITDA of 3.78 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 Redefine Properties. This is 29% below median its historical median of 5.36. According to the industry distribution chart, Redefine Properties ranks #149 out of 578 companies in the REITs industry, placing it in the top 25.8%.
Is Redefine Properties' Debt-to-EBITDA too high?
Redefine Properties' current Debt-to-EBITDA of 3.78 is 29% below median its 10-year median of 5.36. The REITs industry median Debt-to-EBITDA is 6.51. Redefine Properties' value of 3.78 is 41.9% below this industry median. Based on the distribution chart, Redefine Properties ranks #149 out of 578 companies in the REITs industry, which is above the industry midpoint. Overall, Redefine Properties has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #149 out of 578 companies for Debt-to-EBITDA. This puts Redefine Properties in the upper half of its industry. The industry median Debt-to-EBITDA is 6.51. Redefine Properties' value of 3.78 is 41.9% below this benchmark. While the company's 10-year median is 5.36 vs. the industry median of 6.51, Redefine 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 6.51, 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. Redefine Properties's current Debt-to-EBITDA of 3.78 is 41.9% 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 Redefine Properties. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redefine Properties's current Debt-to-EBITDA is 3.78, which is 29% below median its own 10-year median of 5.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.76, compared to a current price of R6.38 — trading 69.7% above its estimated fair value. The current Debt-to-EBITDA is 3.78, which is 29% below median its 10-year median of 5.36 and 41.9% below the REITs industry median of 6.51. Redefine Properties' overall GF Score™ is 55/100 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 Redefine Properties (JSE:RDF), the current Debt-to-EBITDA is 3.78 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 Redefine Properties (JSE:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued.
The current stock price of R6.38 is trading 69.7% above its estimated GF Value™ of R3.76.
GuruFocus considers Redefine Properties to be Significantly Overvalued.
Key valuation signals for JSE:RDF:
Debt-to-EBITDA: 3.78 (29% below median its 10-year median of 5.36)
GF Value™: R3.76 vs. price of R6.38 (69.7% above fair value)
Industry Position: 41.9% below the REITs median (#149 of 578)
No single metric tells the full story. See the JSE:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
55GF Score
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