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Keppel REITKREVF -0.23%58 Debt-to-EBITDA is 8.81 as of Jun. 2026, which is 1% below its 10-year median of 8.91. GuruFocus rates KREVF with a GF Score™ of 58/100 and a GF Value™ of $0.71 (Fairly Valued). The stock has 8 warning signs investors should review. Among 576 REITs companies, Keppel REIT ranks better than 68.75% 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 Keppel REIT's Debt-to-EBITDA or its related term are showing as below:
KREVF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.61 Med: 8.91 Max: 44.1
Current: 4.61
During the past 13 years, the highest Debt-to-EBITDA Ratio of Keppel REIT was 44.10. The lowest was 4.61. And the median was 8.91.
KREVF's Debt-to-EBITDA is ranked better than 68.75% of 576
companies
in the REITs industry
Industry Median: 6.52
vs KREVF: 4.61
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 REIT Debt-to-EBITDA Related Terms
Keppel REIT Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Keppel 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.
For the REIT - Office subindustry, Keppel 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 REIT Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Keppel REIT's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Keppel REIT'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 (Jun. 2026) EBITDA data.
Keppel REIT (KREVF) has a Debt-to-EBITDA of 8.81 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Keppel REIT. This is near median its historical median of 8.91. Over the past decade, Keppel REIT's Debt-to-EBITDA has ranged from 4.61 to 44.10. According to the industry distribution chart, Keppel REIT ranks #180 out of 576 companies in the REITs industry, placing it in the top 31.2%.
Is Keppel REIT's Debt-to-EBITDA too high?
Keppel REIT's current Debt-to-EBITDA of 8.81 is near median its 10-year median of 8.91. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 44.10. The REITs industry median Debt-to-EBITDA is 6.52. Keppel REIT's value of 8.81 is 35.1% above this industry median. Based on the distribution chart, Keppel REIT ranks #180 out of 576 companies in the REITs industry, which is above the industry midpoint. Overall, Keppel REIT has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel REIT's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel REIT ranks #180 out of 576 companies for Debt-to-EBITDA. This puts Keppel REIT in the upper half of its industry. The industry median Debt-to-EBITDA is 6.52. Keppel REIT's value of 8.81 is 35.1% above this benchmark. Historically, Keppel REIT's own Debt-to-EBITDA has ranged from 4.61 to 44.10 over the past decade. While the company's 10-year median is 8.91 vs. the industry median of 6.52, Keppel REIT 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. Keppel REIT's current Debt-to-EBITDA of 8.81 is 35.1% 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 Keppel REIT. 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. Keppel REIT's current Debt-to-EBITDA is 8.81, which is near median its own 10-year median of 8.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel REIT (KREVF) is currently considered Fairly Valued. The stock's GF Value™ is $0.71, compared to a current price of $0.68 — trading 4.8% below its estimated fair value. The current Debt-to-EBITDA is 8.81, which is near median its 10-year median of 8.91 and 35.1% above the REITs industry median of 6.52. Keppel REIT's overall GF Score™ is 58/100 with 8 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 REIT (KREVF), the current Debt-to-EBITDA is 8.81 as of Jun. 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 Keppel REIT (KREVF) Overvalued in 2026?
Based on GuruFocus' analysis, Keppel REIT stock appears to be undervalued.
The current stock price of $0.68 is trading 4.8% below its estimated GF Value™ of $0.71.
GuruFocus considers Keppel REIT to be Fairly Valued.
Key valuation signals for KREVF:
Debt-to-EBITDA: 8.81 (near median its 10-year median of 8.91)
GF Value™: $0.71 vs. price of $0.68 (4.8% below fair value)
Industry Position: 35.1% above the REITs median (#180 of 576)
No single metric tells the full story. See the KREVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keppel REIT is a commercial real estate investment trust with a SGD 11.7 billion portfolio of assets (as of Dec. 31, 2025) across Singapore, Australia, South Korea, and Japan. The majority of its assets are in Singapore, where it owns a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, 66.7% stake in Marina Bay Financial Centre 3 and a 33.33% stake in Marina Bay Financial Centre 1 and 2 and One Raffles Quay. The trust is externally managed by Keppel REIT Management, a subsidiary of Keppel Capital. Parent Keppel Ltd. currently retains an approximate 38% stake in Keppel REIT.
58GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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