Shang Properties (PHS:SHNG) Debt-to-EBITDA : 3.34 (As of Mar. 2026) — 120% Above Median

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PHS:SHNG Shang Properties Inc PHS:SHNG
81 GF Score
Price ₱3.22
GF Value ₱4.40
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shang Properties Debt-to-EBITDA?

Shang Properties PHS:SHNG +0.63% 81 Debt-to-EBITDA is 3.34 as of Mar. 2026, which is 120% above its 10-year median of 1.52. GuruFocus rates PHS:SHNG with a GF Score™ of 81/100 and a GF Value™ of ₱4.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,270 Real Estate companies, Shang Properties ranks better than 68.98% on this metric.

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

Shang Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱3,522 Mil. Shang Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱14,573 Mil. Shang Properties's annualized EBITDA for the quarter that ended in Mar. 2026 was ₱5,416 Mil. Shang Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.34.

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 Shang Properties's Debt-to-EBITDA or its related term are showing as below:

PHS:SHNG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.96   Med: 1.52   Max: 3.16
Current: 2.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shang Properties was 3.16. The lowest was 0.96. And the median was 1.52.

PHS:SHNG's Debt-to-EBITDA is ranked better than
68.98% of 1270 companies
in the Real Estate industry
Industry Median: 5.625 vs PHS:SHNG: 2.86

Shang Properties  (PHS:SHNG) 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.


Shang Properties Debt-to-EBITDA Related Terms


Shang Properties Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shang Properties'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.

Shang Properties Debt-to-EBITDA Chart

Shang Properties 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 3.16 1.61 1.34 1.42 3.08

Shang Properties 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 3.20 3.61 4.26 1.89 3.34

Shang Properties Debt-to-EBITDA Competitor Comparison

For the Real Estate - Diversified subindustry, Shang Properties'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.


Shang Properties Debt-to-EBITDA vs Real Estate Industry

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

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


PHS:SHNG
81GF Score
Shang Properties Inc PHS:SHNG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shang Properties Debt-to-EBITDA Calculation

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

Shang Properties'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
=(4522 + 14573) / 6200.092
=3.08

Shang Properties'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
=(3522 + 14573) / 5415.788
=3.34

* 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 3.34 mean?
Shang Properties (PHS:SHNG) has a Debt-to-EBITDA of 3.34 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 Shang Properties. This is 120% above median its historical median of 1.52. Over the past decade, Shang Properties' Debt-to-EBITDA has ranged from 0.96 to 3.16. According to the industry distribution chart, Shang Properties ranks #394 out of 1270 companies in the Real Estate industry, placing it in the top 31%.
Is Shang Properties' Debt-to-EBITDA too high?
Shang Properties' current Debt-to-EBITDA of 3.34 is 120% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3.16. The Real Estate industry median Debt-to-EBITDA is 5.63. Shang Properties' value of 3.34 is 40.6% below this industry median. Based on the distribution chart, Shang Properties ranks #394 out of 1270 companies in the Real Estate industry, which is above the industry midpoint. Overall, Shang Properties has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Shang Properties ranks #394 out of 1270 companies for Debt-to-EBITDA. This puts Shang Properties in the upper half of its industry. The industry median Debt-to-EBITDA is 5.63. Shang Properties' value of 3.34 is 40.6% below this benchmark. Historically, Shang Properties' own Debt-to-EBITDA has ranged from 0.96 to 3.16 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 5.63, Shang Properties 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 1,270 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. Shang Properties's current Debt-to-EBITDA of 3.34 is 40.6% 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 Shang Properties. 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. Shang Properties's current Debt-to-EBITDA is 3.34, which is 120% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.40, compared to a current price of ₱3.22 — trading 26.8% below its estimated fair value. The current Debt-to-EBITDA is 3.34, which is 120% above median its 10-year median of 1.52 and 40.6% below the Real Estate industry median of 5.63. Shang Properties' overall GF Score™ is 81/100 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 Shang Properties (PHS:SHNG), the current Debt-to-EBITDA is 3.34 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 Shang Properties (PHS:SHNG) Overvalued in 2026?

Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued. The current stock price of ₱3.22 is trading 26.8% below its estimated GF Value™ of ₱4.40. GuruFocus considers Shang Properties to be Modestly Undervalued.

Key valuation signals for PHS:SHNG:

  • Debt-to-EBITDA: 3.34 (120% above median its 10-year median of 1.52)
  • GF Value™: ₱4.40 vs. price of ₱3.22 (26.8% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 40.6% below the Real Estate median (#394 of 1270)

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


Shang Properties Business Description

Address EDSA Corner Shaw Boulevard, Level 5, Administration Offices, Shangri-La Plaza Mall, Metro Manila, Mandaluyong, PHL, 1550
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
81GF Score

Get the complete analysis for PHS:SHNG

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

₱3.22
Price
₱4.40
GF Value