Investore Property (NZSE:IPL) Debt-to-EBITDA : 7.96 (As of Mar. 2026) — 60% Above Median

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NZSE:IPL Investore Property Ltd NZSE:IPL
65 GF Score
Price NZ$1.09
GF Value NZ$1.11
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Investore Property Debt-to-EBITDA?

Investore Property NZSE:IPL 65 Debt-to-EBITDA is 7.96 as of Mar. 2026, which is 60% above its 10-year median of 4.96. GuruFocus rates NZSE:IPL with a GF Score™ of 65/100 and a GF Value™ of NZ$1.11 (Fairly Valued). The stock has 8 warning signs investors should review. Among 575 REITs companies, Investore Property ranks worse than 68.87% on this metric.

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

Investore Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NZ$124.83 Mil. Investore Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was NZ$399.47 Mil. Investore Property's annualized EBITDA for the quarter that ended in Mar. 2026 was NZ$65.85 Mil. Investore Property's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 7.96.

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 Investore Property's Debt-to-EBITDA or its related term are showing as below:

NZSE:IPL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.98   Med: 4.96   Max: 8.95
Current: 8.95

During the past 10 years, the highest Debt-to-EBITDA Ratio of Investore Property was 8.95. The lowest was -8.98. And the median was 4.96.

NZSE:IPL's Debt-to-EBITDA is ranked worse than
68.87% of 575 companies
in the REITs industry
Industry Median: 6.55 vs NZSE:IPL: 8.95

Investore Property  (NZSE:IPL) 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.


Investore Property Debt-to-EBITDA Related Terms


Investore Property Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Investore Property'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.

Investore Property Debt-to-EBITDA Chart

Investore Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 -2.92 -8.98 5.82 8.95

Investore Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 20.30 8.98 4.48 8.18 7.96

NZSE:IPL vs SPG, O, KIM: Debt-to-EBITDA Comparison

For the REIT - Retail subindustry, Investore Property'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.


Investore Property Debt-to-EBITDA vs REITs Industry

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

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


NZSE:IPL
65GF Score
Investore Property Ltd NZSE:IPL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investore Property Debt-to-EBITDA Calculation

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

Investore Property's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(124.832 + 399.467) / 58.583
=8.95

Investore Property's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(124.832 + 399.467) / 65.85
=7.96

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 7.96 mean?
Investore Property (NZSE:IPL) has a Debt-to-EBITDA of 7.96 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 Investore Property. This is 60% above median its historical median of 4.96. According to the industry distribution chart, Investore Property ranks #396 out of 575 companies in the REITs industry, placing it in the top 68.9%.
Is Investore Property's Debt-to-EBITDA too high?
Investore Property's current Debt-to-EBITDA of 7.96 is 60% above median its 10-year median of 4.96. The REITs industry median Debt-to-EBITDA is 6.55. Investore Property's value of 7.96 is 21.5% above this industry median. Based on the distribution chart, Investore Property ranks #396 out of 575 companies in the REITs industry, which is below the industry midpoint. Overall, Investore Property has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Investore Property's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Investore Property ranks #396 out of 575 companies for Debt-to-EBITDA. This places Investore Property in the lower half of its industry. The industry median Debt-to-EBITDA is 6.55. Investore Property's value of 7.96 is 21.5% above this benchmark. While the company's 10-year median is 4.96 vs. the industry median of 6.55, Investore Property has consistently been above 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 6.55, based on 575 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. Investore Property's current Debt-to-EBITDA of 7.96 is 21.5% above 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 Investore Property. For the REITs industry, the median Debt-to-EBITDA is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investore Property's current Debt-to-EBITDA is 7.96, which is 60% above median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investore Property stock overvalued right now?
Based on GuruFocus' analysis, Investore Property (NZSE:IPL) is currently considered Fairly Valued. The stock's GF Value™ is NZ$1.11, compared to a current price of NZ$1.09 — trading 2.3% below its estimated fair value. The current Debt-to-EBITDA is 7.96, which is 60% above median its 10-year median of 4.96 and 21.5% above the REITs industry median of 6.55. Investore Property's overall GF Score™ is 65/100 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 Investore Property (NZSE:IPL), the current Debt-to-EBITDA is 7.96 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 Investore Property (NZSE:IPL) Overvalued in 2026?

Based on GuruFocus' analysis, Investore Property stock appears to be undervalued. The current stock price of NZ$1.09 is trading 2.3% below its estimated GF Value™ of NZ$1.11. GuruFocus considers Investore Property to be Fairly Valued.

Key valuation signals for NZSE:IPL:

  • Debt-to-EBITDA: 7.96 (60% above median its 10-year median of 4.96)
  • GF Value™: NZ$1.11 vs. price of NZ$1.09 (2.3% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 21.5% above the REITs median (#396 of 575)

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


Investore Property Business Description

Industry Real EstateREITs
Address 34 Shortland Street, Level 12, Auckland, NZL, 1010
Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.
65GF Score

Get the complete analysis for NZSE:IPL

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

NZ$1.09
Price
NZ$1.11
GF Value