Trident Estates (MAL:TRI) Debt-to-EBITDA : 1.83 (As of Jan. 2026) — 68% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAL:TRI Trident Estates PLC MAL:TRI
98 GF Score
Price €1.00
GF Value €1.64
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Trident Estates Debt-to-EBITDA?

Trident Estates MAL:TRI 98 Debt-to-EBITDA is 1.83 as of Jan. 2026, which is 68% below its 10-year median of 5.73. GuruFocus rates MAL:TRI with a GF Score™ of 98/100 and a GF Value™ of €1.64 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,277 Real Estate companies, Trident Estates ranks better than 67.03% on this metric.

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

Trident Estates's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was €1.76 Mil. Trident Estates's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was €29.47 Mil. Trident Estates's annualized EBITDA for the quarter that ended in Jan. 2026 was €17.10 Mil. Trident Estates's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 was 1.83.

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 Trident Estates's Debt-to-EBITDA or its related term are showing as below:

MAL:TRI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 5.73   Max: 49.69
Current: 3.02

During the past 10 years, the highest Debt-to-EBITDA Ratio of Trident Estates was 49.69. The lowest was 0.15. And the median was 5.73.

MAL:TRI's Debt-to-EBITDA is ranked better than
67.03% of 1277 companies
in the Real Estate industry
Industry Median: 5.49 vs MAL:TRI: 3.02

Trident Estates  (MAL:TRI) 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.


Trident Estates Debt-to-EBITDA Related Terms


Trident Estates Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Trident Estates'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.

Trident Estates Debt-to-EBITDA Chart

Trident Estates Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.69 3.58 11.38 5.59 2.99

Trident Estates Semi-Annual Data
Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 8.85 0.00 3.94 0.00 1.83

MAL:TRI vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Trident Estates'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.


Trident Estates Debt-to-EBITDA vs Real Estate Industry

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

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


MAL:TRI
98GF Score
Trident Estates PLC MAL:TRI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trident Estates Debt-to-EBITDA Calculation

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

Trident Estates's Debt-to-EBITDA for the fiscal year that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.763 + 29.465) / 10.442
=2.99

Trident Estates's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.763 + 29.465) / 17.098
=1.83

* 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 (Jan. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.83 mean?
Trident Estates (MAL:TRI) has a Debt-to-EBITDA of 1.83 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Trident Estates. This is 68% below median its historical median of 5.73. Over the past decade, Trident Estates' Debt-to-EBITDA has ranged from 0.15 to 49.69. According to the industry distribution chart, Trident Estates ranks #421 out of 1277 companies in the Real Estate industry, placing it in the top 33%.
Is Trident Estates' Debt-to-EBITDA too high?
Trident Estates' current Debt-to-EBITDA of 1.83 is 68% below median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 49.69. The Real Estate industry median Debt-to-EBITDA is 5.49. Trident Estates' value of 1.83 is 66.7% below this industry median. Based on the distribution chart, Trident Estates ranks #421 out of 1277 companies in the Real Estate industry, which is above the industry midpoint. Overall, Trident Estates has a GF Score™ of 98/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Trident Estates' Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Trident Estates ranks #421 out of 1277 companies for Debt-to-EBITDA. This puts Trident Estates in the upper half of its industry. The industry median Debt-to-EBITDA is 5.49. Trident Estates' value of 1.83 is 66.7% below this benchmark. Historically, Trident Estates' own Debt-to-EBITDA has ranged from 0.15 to 49.69 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 5.49, Trident Estates 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 5.49, based on 1,277 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. Trident Estates's current Debt-to-EBITDA of 1.83 is 66.7% 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 Trident Estates. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident Estates's current Debt-to-EBITDA is 1.83, which is 68% below median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Estates stock overvalued right now?
Based on GuruFocus' analysis, Trident Estates (MAL:TRI) is currently considered Possible Value Trap. The stock's GF Value™ is €1.64, compared to a current price of €1.00 — trading 39% below its estimated fair value. The current Debt-to-EBITDA is 1.83, which is 68% below median its 10-year median of 5.73 and 66.7% below the Real Estate industry median of 5.49. Trident Estates' overall GF Score™ is 98/100 with 4 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 Trident Estates (MAL:TRI), the current Debt-to-EBITDA is 1.83 as of Jan. 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 Trident Estates (MAL:TRI) Overvalued in 2026?

Based on GuruFocus' analysis, Trident Estates stock appears to be undervalued. The current stock price of €1.00 is trading 39% below its estimated GF Value™ of €1.64. GuruFocus considers Trident Estates to be Possible Value Trap.

Key valuation signals for MAL:TRI:

  • Debt-to-EBITDA: 1.83 (68% below median its 10-year median of 5.73)
  • GF Value™: €1.64 vs. price of €1.00 (39% below fair value)
  • GF Score™: 98/100 with 4 warning signs
  • Industry Position: 66.7% below the Real Estate median (#421 of 1277)

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


Trident Estates Business Description

Address Mdina Road, Zone 2, No.4 - Level 0, Trident Park, Central Business District, Notabile Gardens, Birkirkara, MLT, CBD 2010
Trident Estates PLC is a property investment company that owns and manages properties for rental and investment purposes. Its property portfolio includes Trident House, Paceville Premises (Burger King), South Street, Valletta (Pizza Hut), and other properties. All of the Group's and Company's revenue is generated in Malta and is derived solely from rental income from leased properties.
98GF Score

Get the complete analysis for MAL:TRI

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

€1.00
Price
€1.64
GF Value