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SAorate Real EstateJSE:SAC -0.29%78 Debt-to-EBITDA is 8.10 as of Dec. 2025, which is 65% above its 10-year median of 4.91. GuruFocus rates JSE:SAC with a GF Score™ of 78/100 and a GF Value™ of R3.05 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 576 REITs companies, SAorate Real Estate ranks worse than 52.78% 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 SAorate Real Estate's Debt-to-EBITDA or its related term are showing as below:
JSE:SAC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.08 Med: 4.91 Max: 9.22
Current: 6.8
During the past 13 years, the highest Debt-to-EBITDA Ratio of SAorate Real Estate was 9.22. The lowest was -7.08. And the median was 4.91.
JSE:SAC's Debt-to-EBITDA is ranked worse than 52.78% of 576
companies
in the REITs industry
Industry Median: 6.52
vs JSE:SAC: 6.80
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.
SAorate Real Estate Debt-to-EBITDA Related Terms
SAorate Real Estate Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for SAorate Real Estate'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, SAorate Real Estate'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.
SAorate Real Estate Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, SAorate Real Estate's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where SAorate Real Estate'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 (Dec. 2025) EBITDA data.
SAorate Real Estate (JSE:SAC) has a Debt-to-EBITDA of 8.10 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SAorate Real Estate. This is 65% above median its historical median of 4.91. According to the industry distribution chart, SAorate Real Estate ranks #304 out of 576 companies in the REITs industry, placing it in the top 52.8%.
Is SAorate Real Estate's Debt-to-EBITDA too high?
SAorate Real Estate's current Debt-to-EBITDA of 8.10 is 65% above median its 10-year median of 4.91. The REITs industry median Debt-to-EBITDA is 6.52. SAorate Real Estate's value of 8.10 is 24.2% above this industry median. Based on the distribution chart, SAorate Real Estate ranks #304 out of 576 companies in the REITs industry, which is below the industry midpoint. Overall, SAorate Real Estate has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SAorate Real Estate's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, SAorate Real Estate ranks #304 out of 576 companies for Debt-to-EBITDA. This places SAorate Real Estate in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. SAorate Real Estate's value of 8.10 is 24.2% above this benchmark. While the company's 10-year median is 4.91 vs. the industry median of 6.52, SAorate Real Estate 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.52, based on 576 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. SAorate Real Estate's current Debt-to-EBITDA of 8.10 is 24.2% 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 SAorate Real Estate. For the REITs industry, the median Debt-to-EBITDA is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAorate Real Estate's current Debt-to-EBITDA is 8.10, which is 65% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAorate Real Estate stock overvalued right now?
Based on GuruFocus' analysis, SAorate Real Estate (JSE:SAC) is currently considered Modestly Overvalued. The stock's GF Value™ is R3.05, compared to a current price of R3.48 — trading 14.1% above its estimated fair value. The current Debt-to-EBITDA is 8.10, which is 65% above median its 10-year median of 4.91 and 24.2% above the REITs industry median of 6.52. SAorate Real Estate's overall GF Score™ is 78/100 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 SAorate Real Estate (JSE:SAC), the current Debt-to-EBITDA is 8.10 as of Dec. 2025. 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 SAorate Real Estate (JSE:SAC) Overvalued in 2026?
Based on GuruFocus' analysis, SAorate Real Estate stock appears to be overvalued.
The current stock price of R3.48 is trading 14.1% above its estimated GF Value™ of R3.05.
GuruFocus considers SAorate Real Estate to be Modestly Overvalued.
Key valuation signals for JSE:SAC:
Debt-to-EBITDA: 8.10 (65% above median its 10-year median of 4.91)
GF Value™: R3.05 vs. price of R3.48 (14.1% above fair value)
Industry Position: 24.2% above the REITs median (#304 of 576)
No single metric tells the full story. See the JSE:SAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder of inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one-third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are Retail, Industrial, Commercial, Residential, and Corporate. The company generates the maximum of its revenue from the Residential segment.
78GF Score
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