KPDCF (Keppel DC REIT) Debt-to-EBITDA : 3.45 (As of Dec. 2025) — 35% Below Median


KPDCF Keppel DC REIT KPDCF
83 GF Score
Price $1.70
GF Value $1.81
Valuation Fairly Valued
! 10 Warning Signs
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What is Keppel DC REIT Debt-to-EBITDA?

Keppel DC REIT KPDCF 83 Debt-to-EBITDA is 3.45 as of Dec. 2025, which is 35% below its 10-year median of 5.32. GuruFocus rates KPDCF with a GF Score™ of 83/100 and a GF Value™ of $1.81 (Fairly Valued). The stock has 10 warning signs investors should review. Among 580 REITs companies, Keppel DC REIT ranks better than 70.17% on this metric.

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

Keppel DC REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $242.3 Mil. Keppel DC REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $1,609.6 Mil. Keppel DC REIT's annualized EBITDA for the quarter that ended in Dec. 2025 was $536.9 Mil. Keppel DC REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 3.45.

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 Keppel DC REIT's Debt-to-EBITDA or its related term are showing as below:

KPDCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.58   Med: 5.32   Max: 7.3
Current: 4.58

During the past 12 years, the highest Debt-to-EBITDA Ratio of Keppel DC REIT was 7.30. The lowest was 3.58. And the median was 5.32.

KPDCF's Debt-to-EBITDA is ranked better than
70.17% of 580 companies
in the REITs industry
Industry Median: 6.495 vs KPDCF: 4.58

Keppel DC REIT  (OTCPK:KPDCF) 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.


Keppel DC REIT Debt-to-EBITDA Related Terms


Keppel DC REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Keppel DC 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.

Keppel DC REIT Debt-to-EBITDA Chart

Keppel DC REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 5.01 7.30 4.25 4.58

Keppel DC REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.04 4.56 3.62 4.53 3.45

KPDCF vs BXP, ARE, VNO: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, Keppel DC 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.


Keppel DC REIT Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Keppel DC REIT's Debt-to-EBITDA falls into.


KPDCF
83GF Score
Keppel DC REIT KPDCF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel DC REIT Debt-to-EBITDA Calculation

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

Keppel DC REIT's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(242.317 + 1609.578) / 404.555
=4.58

Keppel DC REIT's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(242.317 + 1609.578) / 536.948
=3.45

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.45 mean?
Keppel DC REIT (KPDCF) has a Debt-to-EBITDA of 3.45 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 Keppel DC REIT. This is 35% below median its historical median of 5.32. Over the past decade, Keppel DC REIT's Debt-to-EBITDA has ranged from 3.58 to 7.30. According to the industry distribution chart, Keppel DC REIT ranks #173 out of 580 companies in the REITs industry, placing it in the top 29.8%.
Is Keppel DC REIT's Debt-to-EBITDA too high?
Keppel DC REIT's current Debt-to-EBITDA of 3.45 is 35% below median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 7.30. The REITs industry median Debt-to-EBITDA is 6.50. Keppel DC REIT's value of 3.45 is 46.9% below this industry median. Based on the distribution chart, Keppel DC REIT ranks #173 out of 580 companies in the REITs industry, which is above the industry midpoint. Overall, Keppel DC REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #173 out of 580 companies for Debt-to-EBITDA. This puts Keppel DC REIT in the upper half of its industry. The industry median Debt-to-EBITDA is 6.50. Keppel DC REIT's value of 3.45 is 46.9% below this benchmark. Historically, Keppel DC REIT's own Debt-to-EBITDA has ranged from 3.58 to 7.30 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 6.50, Keppel DC 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 6.50, based on 580 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. Keppel DC REIT's current Debt-to-EBITDA of 3.45 is 46.9% 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 Keppel DC REIT. For the REITs industry, the median Debt-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel DC REIT's current Debt-to-EBITDA is 3.45, which is 35% below median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (KPDCF) is currently considered Fairly Valued. The stock's GF Value™ is $1.81, compared to a current price of $1.70 — trading 6.1% below its estimated fair value. The current Debt-to-EBITDA is 3.45, which is 35% below median its 10-year median of 5.32 and 46.9% below the REITs industry median of 6.50. Keppel DC REIT's overall GF Score™ is 83/100 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 Keppel DC REIT (KPDCF), the current Debt-to-EBITDA is 3.45 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 Keppel DC REIT (KPDCF) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of $1.70 is trading 6.1% below its estimated GF Value™ of $1.81. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for KPDCF:

  • Debt-to-EBITDA: 3.45 (35% below median its 10-year median of 5.32)
  • GF Value™: $1.81 vs. price of $1.70 (6.1% below fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 46.9% below the REITs median (#173 of 580)

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


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges AJBU:SingaporeR09:Germany
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
83GF Score

Get the complete analysis for KPDCF

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

$1.70
Price
$1.81
GF Value