Dev AcceleratorNSE:DEVX +1.07%23 Debt-to-EBITDA is 2.61 as of Mar. 2026, which is 46% below its 10-year median of 4.83. GuruFocus rates NSE:DEVX with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 1,273 Real Estate companies, Dev Accelerator ranks better than 60.57% 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 Dev Accelerator's Debt-to-EBITDA or its related term are showing as below:
NSE:DEVX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.11 Med: 4.83 Max: 7.63
Current: 4.06
During the past 5 years, the highest Debt-to-EBITDA Ratio of Dev Accelerator was 7.63. The lowest was 3.11. And the median was 4.83.
NSE:DEVX's Debt-to-EBITDA is ranked better than 60.57% of 1273
companies
in the Real Estate industry
Industry Median: 5.63
vs NSE:DEVX: 4.06
Dev Accelerator (NSE:DEVX) 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.
Dev Accelerator Debt-to-EBITDA Related Terms
Dev Accelerator Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Dev Accelerator'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.
NSE:DEVX vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison
For the Real Estate Services subindustry, Dev Accelerator'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.
Dev Accelerator Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dev Accelerator's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Dev Accelerator'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.
Dev Accelerator (NSE:DEVX) has a Debt-to-EBITDA of 2.61 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 Dev Accelerator. This is 46% below median its historical median of 4.83. Over the past decade, Dev Accelerator's Debt-to-EBITDA has ranged from 3.11 to 7.63. According to the industry distribution chart, Dev Accelerator ranks #502 out of 1273 companies in the Real Estate industry, placing it in the top 39.4%.
Is Dev Accelerator's Debt-to-EBITDA too high?
Dev Accelerator's current Debt-to-EBITDA of 2.61 is 46% below median its 10-year median of 4.83. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 7.63. The Real Estate industry median Debt-to-EBITDA is 5.63. Dev Accelerator's value of 2.61 is 53.6% below this industry median. Based on the distribution chart, Dev Accelerator ranks #502 out of 1273 companies in the Real Estate industry, which is above the industry midpoint. Overall, Dev Accelerator has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #502 out of 1273 companies for Debt-to-EBITDA. This puts Dev Accelerator in the upper half of its industry. The industry median Debt-to-EBITDA is 5.63. Dev Accelerator's value of 2.61 is 53.6% below this benchmark. Historically, Dev Accelerator's own Debt-to-EBITDA has ranged from 3.11 to 7.63 over the past decade. While the company's 10-year median is 4.83 vs. the industry median of 5.63, Dev Accelerator 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. Dev Accelerator's current Debt-to-EBITDA of 2.61 is 53.6% 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 Dev Accelerator. 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. Dev Accelerator's current Debt-to-EBITDA is 2.61, which is 46% below median its own 10-year median of 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current Debt-to-EBITDA of 2.61. The current Debt-to-EBITDA is 2.61, which is 46% below median its 10-year median of 4.83 and 53.6% below the Real Estate industry median of 5.63. Dev Accelerator's overall GF Score™ is 23/100 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 Dev Accelerator (NSE:DEVX), the current Debt-to-EBITDA is 2.61 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.
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
23GF Score
Get the complete analysis for NSE:DEVX
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DEVX has been successfully added to your 
