Italpinas Development (PHS:IDC) Debt-to-EBITDA : 4.57 (As of Mar. 2026) — 68% Above Median


PHS:IDC Italpinas Development Corp PHS:IDC
76 GF Score
Price ₱0.60
GF Value ₱1.38
Valuation Possible Value Trap
! 8 Warning Signs
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What is Italpinas Development Debt-to-EBITDA?

Italpinas Development PHS:IDC -4.76% 76 Debt-to-EBITDA is 4.57 as of Mar. 2026, which is 68% above its 10-year median of 2.72. GuruFocus rates PHS:IDC with a GF Score™ of 76/100 and a GF Value™ of ₱1.38 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,272 Real Estate companies, Italpinas Development ranks better than 75.86% on this metric.

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

Italpinas Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱349.7 Mil. Italpinas Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱504.2 Mil. Italpinas Development's annualized EBITDA for the quarter that ended in Mar. 2026 was ₱187.0 Mil. Italpinas Development's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.57.

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 Italpinas Development's Debt-to-EBITDA or its related term are showing as below:

PHS:IDC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.82   Med: 2.72   Max: 4.34
Current: 1.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of Italpinas Development was 4.34. The lowest was 1.82. And the median was 2.72.

PHS:IDC's Debt-to-EBITDA is ranked better than
75.86% of 1272 companies
in the Real Estate industry
Industry Median: 5.6 vs PHS:IDC: 1.98

Italpinas Development  (PHS:IDC) 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.


Italpinas Development Debt-to-EBITDA Related Terms


Italpinas Development Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Italpinas Development'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.

Italpinas Development Debt-to-EBITDA Chart

Italpinas Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.34 3.46 3.63 1.86 2.11

Italpinas Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 6.40 7.90 9.62 0.67 4.57

PHS:IDC vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development Debt-to-EBITDA vs Real Estate Industry

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

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


PHS:IDC
76GF Score
Italpinas Development Corp PHS:IDC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italpinas Development Debt-to-EBITDA Calculation

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

Italpinas Development's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(350.319 + 530.825) / 418.684
=2.10

Italpinas Development'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
=(349.745 + 504.176) / 187.016
=4.57

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.57 mean?
Italpinas Development (PHS:IDC) has a Debt-to-EBITDA of 4.57 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 Italpinas Development. This is 68% above median its historical median of 2.72. Over the past decade, Italpinas Development's Debt-to-EBITDA has ranged from 1.82 to 4.34. According to the industry distribution chart, Italpinas Development ranks #307 out of 1272 companies in the Real Estate industry, placing it in the top 24.1%.
Is Italpinas Development's Debt-to-EBITDA too high?
Italpinas Development's current Debt-to-EBITDA of 4.57 is 68% above median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 4.34. The Real Estate industry median Debt-to-EBITDA is 5.60. Italpinas Development's value of 4.57 is 18.4% below this industry median. Based on the distribution chart, Italpinas Development ranks #307 out of 1272 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Italpinas Development has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italpinas Development's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Italpinas Development ranks #307 out of 1272 companies for Debt-to-EBITDA. This places Italpinas Development in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.60. Italpinas Development's value of 4.57 is 18.4% below this benchmark. Historically, Italpinas Development's own Debt-to-EBITDA has ranged from 1.82 to 4.34 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 5.60, Italpinas Development 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 5.60, based on 1,272 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. Italpinas Development's current Debt-to-EBITDA of 4.57 is 18.4% 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 Italpinas Development. For the Real Estate industry, the median Debt-to-EBITDA is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italpinas Development's current Debt-to-EBITDA is 4.57, which is 68% above median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italpinas Development stock overvalued right now?
Based on GuruFocus' analysis, Italpinas Development (PHS:IDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.38, compared to a current price of ₱0.60 — trading 56.5% below its estimated fair value. The current Debt-to-EBITDA is 4.57, which is 68% above median its 10-year median of 2.72 and 18.4% below the Real Estate industry median of 5.60. Italpinas Development's overall GF Score™ is 76/100 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 Italpinas Development (PHS:IDC), the current Debt-to-EBITDA is 4.57 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 Italpinas Development (PHS:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, Italpinas Development stock appears to be undervalued. The current stock price of ₱0.60 is trading 56.5% below its estimated GF Value™ of ₱1.38. GuruFocus considers Italpinas Development to be Possible Value Trap.

Key valuation signals for PHS:IDC:

  • Debt-to-EBITDA: 4.57 (68% above median its 10-year median of 2.72)
  • GF Value™: ₱1.38 vs. price of ₱0.60 (56.5% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 18.4% below the Real Estate median (#307 of 1272)

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


Italpinas Development Business Description

Address 6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28th Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties. The company is organized into one reportable segment which is the development and sale of real estate. It also has one geographical segment and derives all its revenues from domestic operations.
76GF Score

Get the complete analysis for PHS:IDC

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

₱0.60
Price
₱1.38
GF Value