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Brigade EnterprisesNSE:BRIGADE +4.42%78 Debt-to-EBITDA is 3.93 as of Mar. 2026, which is 18% below its 10-year median of 4.82. GuruFocus rates NSE:BRIGADE with a GF Score™ of 78/100 and a GF Value™ of ₹860.88 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,277 Real Estate companies, Brigade Enterprises ranks better than 58.97% 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 Brigade Enterprises's Debt-to-EBITDA or its related term are showing as below:
NSE:BRIGADE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.63 Med: 4.82 Max: 11.69
Current: 4.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of Brigade Enterprises was 11.69. The lowest was 3.63. And the median was 4.82.
NSE:BRIGADE's Debt-to-EBITDA is ranked better than 58.97% of 1277
companies
in the Real Estate industry
Industry Median: 5.54
vs NSE:BRIGADE: 4.23
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.
Brigade Enterprises Debt-to-EBITDA Related Terms
Brigade Enterprises Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Brigade Enterprises'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.
For the Real Estate - Development subindustry, Brigade Enterprises'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.
Brigade Enterprises Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Brigade Enterprises's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Brigade Enterprises'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 four times the quarterly (Mar. 2026) EBITDA data.
Brigade Enterprises (NSE:BRIGADE) has a Debt-to-EBITDA of 3.93 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Brigade Enterprises. This is 18% below median its historical median of 4.82. Over the past decade, Brigade Enterprises' Debt-to-EBITDA has ranged from 3.63 to 11.69. According to the industry distribution chart, Brigade Enterprises ranks #524 out of 1277 companies in the Real Estate industry, placing it in the top 41%.
Is Brigade Enterprises' Debt-to-EBITDA too high?
Brigade Enterprises' current Debt-to-EBITDA of 3.93 is 18% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 11.69. The Real Estate industry median Debt-to-EBITDA is 5.54. Brigade Enterprises' value of 3.93 is 29.1% below this industry median. Based on the distribution chart, Brigade Enterprises ranks #524 out of 1277 companies in the Real Estate industry, which is above the industry midpoint. Overall, Brigade Enterprises has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brigade Enterprises' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Brigade Enterprises ranks #524 out of 1277 companies for Debt-to-EBITDA. This puts Brigade Enterprises in the upper half of its industry. The industry median Debt-to-EBITDA is 5.54. Brigade Enterprises' value of 3.93 is 29.1% below this benchmark. Historically, Brigade Enterprises' own Debt-to-EBITDA has ranged from 3.63 to 11.69 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 5.54, Brigade Enterprises 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 5.54, 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. Brigade Enterprises's current Debt-to-EBITDA of 3.93 is 29.1% 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 Brigade Enterprises. For the Real Estate industry, the median Debt-to-EBITDA is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brigade Enterprises's current Debt-to-EBITDA is 3.93, which is 18% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brigade Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Brigade Enterprises (NSE:BRIGADE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹860.88, compared to a current price of ₹607.70 — trading 29.4% below its estimated fair value. The current Debt-to-EBITDA is 3.93, which is 18% below median its 10-year median of 4.82 and 29.1% below the Real Estate industry median of 5.54. Brigade Enterprises' overall GF Score™ is 78/100 with 5 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 Brigade Enterprises (NSE:BRIGADE), the current Debt-to-EBITDA is 3.93 as of Mar. 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 Brigade Enterprises (NSE:BRIGADE) Overvalued in 2026?
Based on GuruFocus' analysis, Brigade Enterprises stock appears to be undervalued.
The current stock price of ₹607.70 is trading 29.4% below its estimated GF Value™ of ₹860.88.
GuruFocus considers Brigade Enterprises to be Modestly Undervalued.
Key valuation signals for NSE:BRIGADE:
Debt-to-EBITDA: 3.93 (18% below median its 10-year median of 4.82)
GF Value™: ₹860.88 vs. price of ₹607.70 (29.4% below fair value)
Industry Position: 29.1% below the Real Estate median (#524 of 1277)
No single metric tells the full story. See the NSE:BRIGADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brigade Enterprises Ltd is a property development company. The company's operating segments include Real Estate, Hospitality, and Leasing. The Real Estate segment which generates maximum revenue, specializes in the development of residential and commercial projects on a sale basis. The company's portfolio includes villas, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors, mixed-use lifestyle enclaves, and townships.
78GF Score
Get the complete analysis for NSE:BRIGADE
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