Safari Investments RSA (JSE:SAR) Debt-to-EBITDA : 1.76 (As of Jun. 2025) — 52% Below Median

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JSE:SAR Safari Investments RSA Ltd JSE:SAR
67 GF Score
Price R8.40
GF Value R8.83
! 10 Warning Signs
View Full Analysis

What is Safari Investments RSA Debt-to-EBITDA?

Safari Investments RSA JSE:SAR 67 Debt-to-EBITDA is 1.76 as of Jun. 2025, which is 52% below its 10-year median of 3.64. GuruFocus rates JSE:SAR with a GF Score™ of 67/100 and a GF Value™ of R8.83. The stock has 10 warning signs investors should review.

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

Safari Investments RSA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was R18.2 Mil. Safari Investments RSA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2025 was R1,449.6 Mil. Safari Investments RSA's annualized EBITDA for the quarter that ended in Jun. 2025 was R835.3 Mil. Safari Investments RSA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 was 1.76.

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 Safari Investments RSA's Debt-to-EBITDA or its related term are showing as below:

JSE:SAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.2   Med: 3.64   Max: 5.42
Current: 2.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Safari Investments RSA was 5.42. The lowest was 1.20. And the median was 3.64.

JSE:SAR's Debt-to-EBITDA is not ranked
in the REITs industry.
Industry Median: 6.51 vs JSE:SAR: 2.10

Safari Investments RSA  (JSE:SAR) 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.


Safari Investments RSA Debt-to-EBITDA Related Terms


Safari Investments RSA Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Safari Investments RSA'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.

Safari Investments RSA Debt-to-EBITDA Chart

Safari Investments RSA Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 3.68 3.61 2.95 2.09

Safari Investments RSA Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Dec24 Jun25
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 4.26 2.27 4.64 2.49 1.76

JSE:SAR vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Safari Investments RSA'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.


Safari Investments RSA Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Safari Investments RSA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Safari Investments RSA's Debt-to-EBITDA falls into.


JSE:SAR
67GF Score
Safari Investments RSA Ltd JSE:SAR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safari Investments RSA Debt-to-EBITDA Calculation

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

Safari Investments RSA's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.217 + 1449.619) / 701.227
=2.09

Safari Investments RSA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.217 + 1449.619) / 835.264
=1.76

* 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 (Jun. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.76 mean?
Safari Investments RSA (JSE:SAR) has a Debt-to-EBITDA of 1.76 as of Jun. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Safari Investments RSA. This is 52% below median its historical median of 3.64. Over the past decade, Safari Investments RSA's Debt-to-EBITDA has ranged from 1.20 to 5.42.
Is Safari Investments RSA's Debt-to-EBITDA too high?
Safari Investments RSA's current Debt-to-EBITDA of 1.76 is 52% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 5.42. The REITs industry median Debt-to-EBITDA is 6.51. Safari Investments RSA's value of 1.76 is 73% below this industry median. Overall, Safari Investments RSA has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Safari Investments RSA's Debt-to-EBITDA compare to VICI and WPC?
Safari Investments RSA's Debt-to-EBITDA of 1.76 can be compared against companies in the REITs industry. The industry median Debt-to-EBITDA is 6.51. Safari Investments RSA's value of 1.76 is 73% below this benchmark. Historically, Safari Investments RSA's own Debt-to-EBITDA has ranged from 1.20 to 5.42 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 6.51, Safari Investments RSA 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 572 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. Safari Investments RSA's current Debt-to-EBITDA of 1.76 is 73% 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 Safari Investments RSA. 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. Safari Investments RSA's current Debt-to-EBITDA is 1.76, which is 52% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Investments RSA stock overvalued right now?
Safari Investments RSA (JSE:SAR) has a current Debt-to-EBITDA of 1.76. The stock's GF Value™ is R8.83, compared to a current price of R8.40 — trading 4.9% below its estimated fair value. The current Debt-to-EBITDA is 1.76, which is 52% below median its 10-year median of 3.64 and 73% below the REITs industry median of 6.51. Safari Investments RSA's overall GF Score™ is 67/100 with 10 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 Safari Investments RSA (JSE:SAR), the current Debt-to-EBITDA is 1.76 as of Jun. 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 Safari Investments RSA (JSE:SAR) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Investments RSA stock appears to be undervalued. The current stock price of R8.40 is trading 4.9% below its estimated GF Value™ of R8.83.

Key valuation signals for JSE:SAR:

  • Debt-to-EBITDA: 1.76 (52% below median its 10-year median of 3.64)
  • GF Value™: R8.83 vs. price of R8.40 (4.9% below fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 73% below the REITs median

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


Safari Investments RSA Business Description

Industry Real EstateREITs
Address 410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081
Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segments include Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.
67GF Score

Get the complete analysis for JSE:SAR

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

R8.40
Price
R8.83
GF Value