AX Real EstateMAL:AXR 29 Debt-to-EBITDA is 1.58 as of Oct. 2025, which is 78% below its 10-year median of 7.15. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.82 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,273 Real Estate companies, AX Real Estate ranks better than 71.09% 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 AX Real Estate's Debt-to-EBITDA or its related term are showing as below:
MAL:AXR'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.55 Med: 7.15 Max: 11.31
Current: 2.55
During the past 4 years, the highest Debt-to-EBITDA Ratio of AX Real Estate was 11.31. The lowest was 2.55. And the median was 7.15.
MAL:AXR's Debt-to-EBITDA is ranked better than 71.09% of 1273
companies
in the Real Estate industry
Industry Median: 5.63
vs MAL:AXR: 2.55
AX Real Estate (MAL:AXR) Debt-to-EBITDA Explanation
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.
AX Real Estate Debt-to-EBITDA Related Terms
AX Real Estate Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for AX Real Estate'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.
AX Real Estate Debt-to-EBITDA Competitor Comparison
For the Real Estate - Diversified subindustry, AX Real Estate'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.
AX Real Estate Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AX Real Estate's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where AX Real Estate'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 (Oct. 2025) EBITDA data.
AX Real Estate (MAL:AXR) has a Debt-to-EBITDA of 1.58 as of Oct. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on AX Real Estate. This is 78% below median its historical median of 7.15. Over the past decade, AX Real Estate's Debt-to-EBITDA has ranged from 2.55 to 11.31. According to the industry distribution chart, AX Real Estate ranks #368 out of 1273 companies in the Real Estate industry, placing it in the top 28.9%.
Is AX Real Estate's Debt-to-EBITDA too high?
AX Real Estate's current Debt-to-EBITDA of 1.58 is 78% below median its 10-year median of 7.15. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 11.31. The Real Estate industry median Debt-to-EBITDA is 5.63. AX Real Estate's value of 1.58 is 71.9% below this industry median. Based on the distribution chart, AX Real Estate ranks #368 out of 1273 companies in the Real Estate industry, which is above the industry midpoint. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, AX Real Estate ranks #368 out of 1273 companies for Debt-to-EBITDA. This puts AX Real Estate in the upper half of its industry. The industry median Debt-to-EBITDA is 5.63. AX Real Estate's value of 1.58 is 71.9% below this benchmark. Historically, AX Real Estate's own Debt-to-EBITDA has ranged from 2.55 to 11.31 over the past decade. While the company's 10-year median is 7.15 vs. the industry median of 5.63, AX Real Estate 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.63, based on 1,273 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. AX Real Estate's current Debt-to-EBITDA of 1.58 is 71.9% 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 AX Real Estate. For the Real Estate industry, the median Debt-to-EBITDA is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AX Real Estate's current Debt-to-EBITDA is 1.58, which is 78% below median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.82, compared to a current price of €0.49 — trading 40% below its estimated fair value. The current Debt-to-EBITDA is 1.58, which is 78% below median its 10-year median of 7.15 and 71.9% below the Real Estate industry median of 5.63. AX Real Estate's overall GF Score™ is 29/100 with 9 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 AX Real Estate (MAL:AXR), the current Debt-to-EBITDA is 1.58 as of Oct. 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 AX Real Estate (MAL:AXR) Overvalued in 2026?
Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued.
The current stock price of €0.49 is trading 40% below its estimated GF Value™ of €0.82.
GuruFocus considers AX Real Estate to be Possible Value Trap.
Key valuation signals for MAL:AXR:
Debt-to-EBITDA: 1.58 (78% below median its 10-year median of 7.15)
GF Value™: €0.82 vs. price of €0.49 (40% below fair value)
Industry Position: 71.9% below the Real Estate median (#368 of 1273)
No single metric tells the full story. See the MAL:AXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
29GF Score
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