MDV (Modiv Industrial) Debt-to-EBITDA : 4.97 (As of Jun. 2026) — 38% Below Median

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MDV Modiv Industrial Inc MDV
49 GF Score
Price $18.05
GF Value $13.09
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Modiv Industrial Debt-to-EBITDA?

Modiv Industrial MDV 49 Debt-to-EBITDA is 4.97 as of Jun. 2026, which is 38% below its 10-year median of 8.07. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 572 REITs companies, Modiv Industrial ranks worse than 54.37% on this metric.

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

Modiv Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $249.75 Mil. Modiv Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $23.59 Mil. Modiv Industrial's annualized EBITDA for the quarter that ended in Jun. 2026 was $55.03 Mil. Modiv Industrial's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.97.

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 Modiv Industrial's Debt-to-EBITDA or its related term are showing as below:

MDV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.49   Med: 8.07   Max: 16.3
Current: 7.01

During the past 7 years, the highest Debt-to-EBITDA Ratio of Modiv Industrial was 16.30. The lowest was -8.49. And the median was 8.07.

MDV's Debt-to-EBITDA is ranked worse than
54.37% of 572 companies
in the REITs industry
Industry Median: 6.51 vs MDV: 7.01

Modiv Industrial  (NYSE:MDV) 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.


Modiv Industrial Debt-to-EBITDA Related Terms


Modiv Industrial Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Modiv Industrial'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.

Modiv Industrial Debt-to-EBITDA Chart

Modiv Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 8.07 10.84 11.48 6.59 7.98

Modiv Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 12.84 7.67 7.23 9.67 4.97

MDV vs ILPT, PLD, PSA: Debt-to-EBITDA Comparison

For the REIT - Industrial subindustry, Modiv Industrial'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.


Modiv Industrial Debt-to-EBITDA vs REITs Industry

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

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


MDV
49GF Score
Modiv Industrial Inc MDV
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modiv Industrial Debt-to-EBITDA Calculation

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

Modiv Industrial'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
=(249.489 + 11.994) / 32.772
=7.98

Modiv Industrial'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
=(249.749 + 23.59) / 55.028
=4.97

* 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 four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.97 mean?
Modiv Industrial (MDV) has a Debt-to-EBITDA of 4.97 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 Modiv Industrial. This is 38% below median its historical median of 8.07. According to the industry distribution chart, Modiv Industrial ranks #311 out of 572 companies in the REITs industry, placing it in the top 54.4%.
Is Modiv Industrial's Debt-to-EBITDA too high?
Modiv Industrial's current Debt-to-EBITDA of 4.97 is 38% below median its 10-year median of 8.07. The REITs industry median Debt-to-EBITDA is 6.51. Modiv Industrial's value of 4.97 is 23.7% below this industry median. Based on the distribution chart, Modiv Industrial ranks #311 out of 572 companies in the REITs industry, which is below the industry midpoint. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's Debt-to-EBITDA compare to ILPT and PLD?
According to the REITs industry distribution chart, Modiv Industrial ranks #311 out of 572 companies for Debt-to-EBITDA. This places Modiv Industrial in the lower half of its industry. The industry median Debt-to-EBITDA is 6.51. Modiv Industrial's value of 4.97 is 23.7% below this benchmark. While the company's 10-year median is 8.07 vs. the industry median of 6.51, Modiv Industrial 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 572 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. Modiv Industrial's current Debt-to-EBITDA of 4.97 is 23.7% 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 Modiv Industrial. 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. Modiv Industrial's current Debt-to-EBITDA is 4.97, which is 38% below median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $18.05 — trading 37.9% above its estimated fair value. The current Debt-to-EBITDA is 4.97, which is 38% below median its 10-year median of 8.07 and 23.7% below the REITs industry median of 6.51. Modiv Industrial's overall GF Score™ is 49/100 with 12 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 Modiv Industrial (MDV), the current Debt-to-EBITDA is 4.97 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 Modiv Industrial (MDV) Overvalued in 2026?

Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued. The current stock price of $18.05 is trading 37.9% above its estimated GF Value™ of $13.09. GuruFocus considers Modiv Industrial to be Significantly Overvalued.

Key valuation signals for MDV:

  • Debt-to-EBITDA: 4.97 (38% below median its 10-year median of 8.07)
  • GF Value™: $13.09 vs. price of $18.05 (37.9% above fair value)
  • GF Score™: 49/100 with 12 warning signs
  • Industry Position: 23.7% below the REITs median (#311 of 572)

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


Modiv Industrial Business Description

Industry Real EstateREITs
Address 1500 North Grant Street, Suite No. 5609, Denver, CO, USA, 80203
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
49GF Score

Get the complete analysis for MDV

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

$18.05
Price
$13.09
GF Value