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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.
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.
Precinct Properties NZ & Precinct Properties Investments Debt-to-EBITDA Related Terms
Precinct Properties NZ & Precinct Properties Investments 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.
* 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.
Precinct Properties NZ & Precinct Properties Investments Debt-to-EBITDA vs REITs Industry
* 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 (Dec. 2025) EBITDA data.
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a Debt-to-EBITDA of 22.97 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Precinct Properties NZ & Precinct Properties Investments. This is 358% above median its historical median of 5.02. According to the industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #523 out of 575 companies in the REITs industry, placing it in the top 91%.
Is Precinct Properties NZ & Precinct Properties Investments' Debt-to-EBITDA too high?
Precinct Properties NZ & Precinct Properties Investments' current Debt-to-EBITDA of 22.97 is 358% above median its 10-year median of 5.02. The REITs industry median Debt-to-EBITDA is 6.56. Precinct Properties NZ & Precinct Properties Investments' value of 22.97 is 250.2% above this industry median. Based on the distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #523 out of 575 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Precinct Properties NZ & Precinct Properties Investments has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precinct Properties NZ & Precinct Properties Investments' Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Precinct Properties NZ & Precinct Properties Investments ranks #523 out of 575 companies for Debt-to-EBITDA. This places Precinct Properties NZ & Precinct Properties Investments in the lower half of its industry. The industry median Debt-to-EBITDA is 6.56. Precinct Properties NZ & Precinct Properties Investments' value of 22.97 is 250.2% above this benchmark. While the company's 10-year median is 5.02 vs. the industry median of 6.56, Precinct Properties NZ & Precinct Properties Investments 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 6.56, 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. Precinct Properties NZ & Precinct Properties Investments's current Debt-to-EBITDA of 22.97 is 250.2% 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 Precinct Properties NZ & Precinct Properties Investments. For the REITs industry, the median Debt-to-EBITDA is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precinct Properties NZ & Precinct Properties Investments's current Debt-to-EBITDA is 22.97, which is 358% above median its own 10-year median of 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precinct Properties NZ & Precinct Properties Investments stock overvalued right now?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.92, compared to a current price of NZ$1.03 — trading 12% above its estimated fair value. The current Debt-to-EBITDA is 22.97, which is 358% above median its 10-year median of 5.02 and 250.2% above the REITs industry median of 6.56. Precinct Properties NZ & Precinct Properties Investments' overall GF Score™ is 51/100 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 Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current Debt-to-EBITDA is 22.97 as of Dec. 2025. 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 Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Overvalued in 2026?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments stock appears to be overvalued.
The current stock price of NZ$1.03 is trading 12% above its estimated GF Value™ of NZ$0.92.
GuruFocus considers Precinct Properties NZ & Precinct Properties Investments to be Modestly Overvalued.
Key valuation signals for NZSE:PCT:
Debt-to-EBITDA: 22.97 (358% above median its 10-year median of 5.02)
GF Value™: NZ$0.92 vs. price of NZ$1.03 (12% above fair value)
Industry Position: 250.2% above the REITs median (#523 of 575)
No single metric tells the full story. See the NZSE:PCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hotel and hospitality, Investment management, and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include AON Centre, NTT Tower, Jarden House, PwC Tower at Commercial Bay, and others.
51GF Score
Get the complete analysis for NZSE:PCT
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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