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National Highways Infra TrustNSE:IVNHIT 44 Debt-to-EBITDA is 5.99 as of Jun. 2026, which is 46% below its 10-year median of 11.04. GuruFocus rates NSE:IVNHIT with a GF Score™ of 44/100 and a GF Value™ of ₹234.31 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 573 REITs companies, National Highways Infra Trust ranks worse than 52.88% 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 National Highways Infra Trust's Debt-to-EBITDA or its related term are showing as below:
NSE:IVNHIT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.28 Med: 11.04 Max: 15.43
Current: 6.78
During the past 6 years, the highest Debt-to-EBITDA Ratio of National Highways Infra Trust was 15.43. The lowest was 5.28. And the median was 11.04.
NSE:IVNHIT's Debt-to-EBITDA is ranked worse than 52.88% of 573
companies
in the REITs industry
Industry Median: 6.5
vs NSE:IVNHIT: 6.78
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.
National Highways Infra Trust Debt-to-EBITDA Related Terms
National Highways Infra Trust Debt-to-EBITDA Historical Data
* 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.
National Highways Infra Trust Debt-to-EBITDA Chart
NSE:IVNHIT vs EQIX, AMT, DLR: Debt-to-EBITDA Comparison
For the REIT - Specialty subindustry, National Highways Infra Trust'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.
National Highways Infra Trust Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, National Highways Infra Trust's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where National Highways Infra Trust'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 (Jun. 2026) EBITDA data.
National Highways Infra Trust (NSE:IVNHIT) has a Debt-to-EBITDA of 5.99 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 National Highways Infra Trust. This is 46% below median its historical median of 11.04. Over the past decade, National Highways Infra Trust's Debt-to-EBITDA has ranged from 5.28 to 15.43. According to the industry distribution chart, National Highways Infra Trust ranks #303 out of 573 companies in the REITs industry, placing it in the top 52.9%.
Is National Highways Infra Trust's Debt-to-EBITDA too high?
National Highways Infra Trust's current Debt-to-EBITDA of 5.99 is 46% below median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 15.43. The REITs industry median Debt-to-EBITDA is 6.50. National Highways Infra Trust's value of 5.99 is 7.8% below this industry median. Based on the distribution chart, National Highways Infra Trust ranks #303 out of 573 companies in the REITs industry, which is below the industry midpoint. Overall, National Highways Infra Trust has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National Highways Infra Trust's Debt-to-EBITDA compare to EQIX and AMT?
According to the REITs industry distribution chart, National Highways Infra Trust ranks #303 out of 573 companies for Debt-to-EBITDA. This places National Highways Infra Trust in the lower half of its industry. The industry median Debt-to-EBITDA is 6.50. National Highways Infra Trust's value of 5.99 is 7.8% below this benchmark. Historically, National Highways Infra Trust's own Debt-to-EBITDA has ranged from 5.28 to 15.43 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 6.50, National Highways Infra Trust 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 6.50, based on 573 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. National Highways Infra Trust's current Debt-to-EBITDA of 5.99 is 7.8% 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 National Highways Infra Trust. For the REITs industry, the median Debt-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Highways Infra Trust's current Debt-to-EBITDA is 5.99, which is 46% below median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Highways Infra Trust stock overvalued right now?
Based on GuruFocus' analysis, National Highways Infra Trust (NSE:IVNHIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹234.31, compared to a current price of ₹172.90 — trading 26.2% below its estimated fair value. The current Debt-to-EBITDA is 5.99, which is 46% below median its 10-year median of 11.04 and 7.8% below the REITs industry median of 6.50. National Highways Infra Trust's overall GF Score™ is 44/100 with 8 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 National Highways Infra Trust (NSE:IVNHIT), the current Debt-to-EBITDA is 5.99 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 National Highways Infra Trust (NSE:IVNHIT) Overvalued in 2026?
Based on GuruFocus' analysis, National Highways Infra Trust stock appears to be undervalued.
The current stock price of ₹172.90 is trading 26.2% below its estimated GF Value™ of ₹234.31.
GuruFocus considers National Highways Infra Trust to be Modestly Undervalued.
Key valuation signals for NSE:IVNHIT:
Debt-to-EBITDA: 5.99 (46% below median its 10-year median of 11.04)
GF Value™: ₹234.31 vs. price of ₹172.90 (26.2% below fair value)
Industry Position: 7.8% below the REITs median (#303 of 573)
No single metric tells the full story. See the NSE:IVNHIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles. Its projects include the Abu Road Project, Swaroopganj Project, Kota & Chittorgarh Bypass Project, Kurnool Highway Project, and Belgaum Project.
44GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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