Vastned NV (LTS:0ET5) Debt-to-EBITDA : 5.44 (As of Jun. 2026) — Near Median

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LTS:0ET5 Vastned NV LTS:0ET5
59 GF Score
Price €28.60
GF Value €29.48
Valuation Fairly Valued
! 10 Warning Signs
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What is Vastned NV Debt-to-EBITDA?

Vastned NV LTS:0ET5 59 Debt-to-EBITDA is 5.44 as of Jun. 2026, which is 8% below its 10-year median of 5.91. GuruFocus rates LTS:0ET5 with a GF Score™ of 59/100 and a GF Value™ of €29.48 (Fairly Valued). The stock has 10 warning signs investors should review. Among 570 REITs companies, Vastned NV ranks better than 54.04% on this metric.

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

Vastned NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €25.13 Mil. Vastned NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €471.87 Mil. Vastned NV's annualized EBITDA for the quarter that ended in Jun. 2026 was €91.35 Mil. Vastned NV's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 5.44.

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 Vastned NV's Debt-to-EBITDA or its related term are showing as below:

LTS:0ET5' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.21   Med: 5.91   Max: 16.02
Current: 6.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vastned NV was 16.02. The lowest was -14.21. And the median was 5.91.

LTS:0ET5's Debt-to-EBITDA is ranked better than
54.04% of 570 companies
in the REITs industry
Industry Median: 6.51 vs LTS:0ET5: 6.03

Vastned NV  (LTS:0ET5) 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.


Vastned NV Debt-to-EBITDA Related Terms


Vastned NV Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Vastned NV'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.

Vastned NV Debt-to-EBITDA Chart

Vastned NV 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 13.13 4.91 5.31 7.16 6.50

Vastned NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.99 13.39 6.44 6.71 5.44

LTS:0ET5 vs SPG, O, KIM: Debt-to-EBITDA Comparison

For the REIT - Retail subindustry, Vastned NV'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.


Vastned NV Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where Vastned NV's Debt-to-EBITDA falls into.


LTS:0ET5
59GF Score
Vastned NV LTS:0ET5
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vastned NV Debt-to-EBITDA Calculation

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

Vastned NV'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
=(50.224 + 443.535) / 75.932
=6.50

Vastned NV's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.128 + 471.865) / 91.348
=5.44

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 5.44 mean?
Vastned NV (LTS:0ET5) has a Debt-to-EBITDA of 5.44 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 Vastned NV. This is near median its historical median of 5.91. According to the industry distribution chart, Vastned NV ranks #262 out of 570 companies in the REITs industry, placing it in the top 46%.
Is Vastned NV's Debt-to-EBITDA too high?
Vastned NV's current Debt-to-EBITDA of 5.44 is near median its 10-year median of 5.91. The REITs industry median Debt-to-EBITDA is 6.51. Vastned NV's value of 5.44 is 16.4% below this industry median. Based on the distribution chart, Vastned NV ranks #262 out of 570 companies in the REITs industry, which is above the industry midpoint. Overall, Vastned NV has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Vastned NV ranks #262 out of 570 companies for Debt-to-EBITDA. This puts Vastned NV in the upper half of its industry. The industry median Debt-to-EBITDA is 6.51. Vastned NV's value of 5.44 is 16.4% below this benchmark. While the company's 10-year median is 5.91 vs. the industry median of 6.51, Vastned NV 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 570 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. Vastned NV's current Debt-to-EBITDA of 5.44 is 16.4% 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 Vastned NV. 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. Vastned NV's current Debt-to-EBITDA is 5.44, which is near median its own 10-year median of 5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Fairly Valued. The stock's GF Value™ is €29.48, compared to a current price of €28.60 — trading 3% below its estimated fair value. The current Debt-to-EBITDA is 5.44, which is near median its 10-year median of 5.91 and 16.4% below the REITs industry median of 6.51. Vastned NV's overall GF Score™ is 59/100 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 Vastned NV (LTS:0ET5), the current Debt-to-EBITDA is 5.44 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 Vastned NV (LTS:0ET5) Overvalued in 2026?

Based on GuruFocus' analysis, Vastned NV stock appears to be undervalued. The current stock price of €28.60 is trading 3% below its estimated GF Value™ of €29.48. GuruFocus considers Vastned NV to be Fairly Valued.

Key valuation signals for LTS:0ET5:

  • Debt-to-EBITDA: 5.44 (near median its 10-year median of 5.91)
  • GF Value™: €29.48 vs. price of €28.60 (3% below fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 16.4% below the REITs median (#262 of 570)

No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vastned NV Business Description

Industry Real EstateREITs
Other Exchanges VASTB:Belgium
Address Generaal Lemanstraat 61, Antwerp, BEL, 2018
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
59GF Score

Get the complete analysis for LTS:0ET5

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

€28.60
Price
€29.48
GF Value