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Wereldhave BelgiumLTS:0N2C -0.38%80 Debt-to-EBITDA is 4.42 as of Jun. 2026, which is 7% above its 10-year median of 4.14. GuruFocus rates LTS:0N2C with a GF Score™ of 80/100 and a GF Value™ of €48.85 (Fairly Valued). The stock has 11 warning signs investors should review. Among 577 REITs companies, Wereldhave Belgium ranks better than 59.97% 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 Wereldhave Belgium's Debt-to-EBITDA or its related term are showing as below:
LTS:0N2C'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.55 Med: 4.14 Max: 8.77
Current: 5.45
During the past 13 years, the highest Debt-to-EBITDA Ratio of Wereldhave Belgium was 8.77. The lowest was -13.55. And the median was 4.14.
LTS:0N2C's Debt-to-EBITDA is ranked better than 59.97% of 577
companies
in the REITs industry
Industry Median: 6.56
vs LTS:0N2C: 5.45
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.
Wereldhave Belgium Debt-to-EBITDA Related Terms
Wereldhave Belgium Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Wereldhave Belgium'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.
LTS:0N2C vs SPG, O, KIM: Debt-to-EBITDA Comparison
For the REIT - Retail subindustry, Wereldhave Belgium'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.
Wereldhave Belgium Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Wereldhave Belgium's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Wereldhave Belgium'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.
Wereldhave Belgium (LTS:0N2C) has a Debt-to-EBITDA of 4.42 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 Wereldhave Belgium. This is near median its historical median of 4.14. According to the industry distribution chart, Wereldhave Belgium ranks #231 out of 577 companies in the REITs industry, placing it in the top 40%.
Is Wereldhave Belgium's Debt-to-EBITDA too high?
Wereldhave Belgium's current Debt-to-EBITDA of 4.42 is near median its 10-year median of 4.14. The REITs industry median Debt-to-EBITDA is 6.56. Wereldhave Belgium's value of 4.42 is 32.6% below this industry median. Based on the distribution chart, Wereldhave Belgium ranks #231 out of 577 companies in the REITs industry, which is above the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #231 out of 577 companies for Debt-to-EBITDA. This puts Wereldhave Belgium in the upper half of its industry. The industry median Debt-to-EBITDA is 6.56. Wereldhave Belgium's value of 4.42 is 32.6% below this benchmark. While the company's 10-year median is 4.14 vs. the industry median of 6.56, Wereldhave Belgium 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 6.56, based on 577 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. Wereldhave Belgium's current Debt-to-EBITDA of 4.42 is 32.6% 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 Wereldhave Belgium. For the REITs industry, the median Debt-to-EBITDA is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wereldhave Belgium's current Debt-to-EBITDA is 4.42, which is near median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Based on GuruFocus' analysis, Wereldhave Belgium (LTS:0N2C) is currently considered Fairly Valued. The stock's GF Value™ is €48.85, compared to a current price of €52.80 — trading 8.1% above its estimated fair value. The current Debt-to-EBITDA is 4.42, which is near median its 10-year median of 4.14 and 32.6% below the REITs industry median of 6.56. Wereldhave Belgium's overall GF Score™ is 80/100 with 11 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 Wereldhave Belgium (LTS:0N2C), the current Debt-to-EBITDA is 4.42 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 Wereldhave Belgium (LTS:0N2C) Overvalued in 2026?
Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be overvalued.
The current stock price of €52.80 is trading 8.1% above its estimated GF Value™ of €48.85.
GuruFocus considers Wereldhave Belgium to be Fairly Valued.
Key valuation signals for LTS:0N2C:
Debt-to-EBITDA: 4.42 (near median its 10-year median of 4.14)
GF Value™: €48.85 vs. price of €52.80 (8.1% above fair value)
Industry Position: 32.6% below the REITs median (#231 of 577)
No single metric tells the full story. See the LTS:0N2C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
80GF 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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