Stor-Age Property REIT (JSE:SSS) Debt-to-EBITDA : 2.87 (As of Mar. 2026) — 12% Below Median

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JSE:SSS Stor-Age Property REIT Ltd JSE:SSS
88 GF Score
Price R16.40
GF Value R16.36
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Stor-Age Property REIT Debt-to-EBITDA?

Stor-Age Property REIT JSE:SSS -0.49% 88 Debt-to-EBITDA is 2.87 as of Mar. 2026, which is 12% below its 10-year median of 3.27. GuruFocus rates JSE:SSS with a GF Score™ of 88/100 and a GF Value™ of R16.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 574 REITs companies, Stor-Age Property REIT ranks better than 84.84% on this metric.

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

Stor-Age Property REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R1,976 Mil. Stor-Age Property REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R2,328 Mil. Stor-Age Property REIT's annualized EBITDA for the quarter that ended in Mar. 2026 was R1,502 Mil. Stor-Age Property REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.87.

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 Stor-Age Property REIT's Debt-to-EBITDA or its related term are showing as below:

JSE:SSS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.01   Med: 3.27   Max: 11.1
Current: 3

During the past 11 years, the highest Debt-to-EBITDA Ratio of Stor-Age Property REIT was 11.10. The lowest was 1.01. And the median was 3.27.

JSE:SSS's Debt-to-EBITDA is ranked better than
84.84% of 574 companies
in the REITs industry
Industry Median: 6.57 vs JSE:SSS: 3.00

Stor-Age Property REIT  (JSE:SSS) 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.


Stor-Age Property REIT Debt-to-EBITDA Related Terms


Stor-Age Property REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Stor-Age Property REIT'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.

Stor-Age Property REIT Debt-to-EBITDA Chart

Stor-Age Property REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 4.00 4.24 3.54 3.00

Stor-Age Property REIT Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.11 3.58 3.28 3.46 2.87

JSE:SSS vs PLD, PSA, EXR: Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, Stor-Age Property REIT'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.


Stor-Age Property REIT Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's Debt-to-EBITDA falls into.


JSE:SSS
88GF Score
Stor-Age Property REIT Ltd JSE:SSS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stor-Age Property REIT Debt-to-EBITDA Calculation

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

Stor-Age Property REIT's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1975.62 + 2327.964) / 1433.247
=3.00

Stor-Age Property REIT's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1975.62 + 2327.964) / 1501.554
=2.87

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.87 mean?
Stor-Age Property REIT (JSE:SSS) has a Debt-to-EBITDA of 2.87 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 Stor-Age Property REIT. This is 12% below median its historical median of 3.27. Over the past decade, Stor-Age Property REIT's Debt-to-EBITDA has ranged from 1.01 to 11.10. According to the industry distribution chart, Stor-Age Property REIT ranks #87 out of 574 companies in the REITs industry, placing it in the top 15.2%.
Is Stor-Age Property REIT's Debt-to-EBITDA too high?
Stor-Age Property REIT's current Debt-to-EBITDA of 2.87 is 12% below median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 11.10. The REITs industry median Debt-to-EBITDA is 6.57. Stor-Age Property REIT's value of 2.87 is 56.3% below this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #87 out of 574 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Stor-Age Property REIT has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Debt-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #87 out of 574 companies for Debt-to-EBITDA. This places Stor-Age Property REIT in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 6.57. Stor-Age Property REIT's value of 2.87 is 56.3% below this benchmark. Historically, Stor-Age Property REIT's own Debt-to-EBITDA has ranged from 1.01 to 11.10 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 6.57, Stor-Age Property REIT 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 574 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. Stor-Age Property REIT's current Debt-to-EBITDA of 2.87 is 56.3% 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 Stor-Age Property REIT. 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. Stor-Age Property REIT's current Debt-to-EBITDA is 2.87, which is 12% below median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.36, compared to a current price of R16.40 — trading 0.2% above its estimated fair value. The current Debt-to-EBITDA is 2.87, which is 12% below median its 10-year median of 3.27 and 56.3% below the REITs industry median of 6.57. Stor-Age Property REIT's overall GF Score™ is 88/100 with 4 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 Stor-Age Property REIT (JSE:SSS), the current Debt-to-EBITDA is 2.87 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?

Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued. The current stock price of R16.40 is trading 0.2% above its estimated GF Value™ of R16.36. GuruFocus considers Stor-Age Property REIT to be Fairly Valued.

Key valuation signals for JSE:SSS:

  • Debt-to-EBITDA: 2.87 (12% below median its 10-year median of 3.27)
  • GF Value™: R16.36 vs. price of R16.40 (0.2% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 56.3% below the REITs median (#87 of 574)

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


Stor-Age Property REIT Business Description

Industry Real EstateREITs
Address 216 Main Road, Claremont, Cape Town, WC, ZAF, 7735
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
88GF Score

Get the complete analysis for JSE:SSS

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

R16.40
Price
R16.36
GF Value