PSPSF (PSP Swiss Property AG) Debt-to-EBITDA : 10.05 (As of Mar. 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PSPSF PSP Swiss Property AG PSPSF
67 GF Score
Price $180.89
GF Value $156.02
! 5 Warning Signs
View Full Analysis

What is PSP Swiss Property AG Debt-to-EBITDA?

PSP Swiss Property AG PSPSF -3.56% 67 Debt-to-EBITDA is 10.05 as of Mar. 2026, which is 40% above its 10-year median of 7.16. GuruFocus rates PSPSF with a GF Score™ of 67/100 and a GF Value™ of $156.02. The stock has 5 warning signs investors should review. Among 1,270 Real Estate companies, PSP Swiss Property AG ranks worse than 55.91% on this metric.

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

PSP Swiss Property AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $927.5 Mil. PSP Swiss Property AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,563.7 Mil. PSP Swiss Property AG's annualized EBITDA for the quarter that ended in Mar. 2026 was $446.9 Mil. PSP Swiss Property AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 10.05.

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

PSPSF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4   Med: 7.16   Max: 25.06
Current: 6.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of PSP Swiss Property AG was 25.06. The lowest was 4.00. And the median was 7.16.

PSPSF's Debt-to-EBITDA is ranked worse than
55.91% of 1270 companies
in the Real Estate industry
Industry Median: 5.625 vs PSPSF: 6.55

PSP Swiss Property AG  (OTCPK:PSPSF) 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.


PSP Swiss Property AG Debt-to-EBITDA Related Terms


PSP Swiss Property AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Debt-to-EBITDA Chart

PSP Swiss Property AG 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 4.00 7.41 25.06 6.92 6.24

PSP Swiss Property AG 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 6.11 3.25 6.67 4.38 10.05

PSPSF vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG Debt-to-EBITDA vs Real Estate Industry

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

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


PSPSF
67GF Score
PSP Swiss Property AG PSPSF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PSP Swiss Property AG Debt-to-EBITDA Calculation

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

PSP Swiss Property AG'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
=(690.184 + 3538.448) / 677.721
=6.24

PSP Swiss Property AG'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
=(927.488 + 3563.744) / 446.916
=10.05

* 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 10.05 mean?
PSP Swiss Property AG (PSPSF) has a Debt-to-EBITDA of 10.05 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 PSP Swiss Property AG. This is 40% above median its historical median of 7.16. Over the past decade, PSP Swiss Property AG's Debt-to-EBITDA has ranged from 4.00 to 25.06. According to the industry distribution chart, PSP Swiss Property AG ranks #710 out of 1270 companies in the Real Estate industry, placing it in the top 55.9%.
Is PSP Swiss Property AG's Debt-to-EBITDA too high?
PSP Swiss Property AG's current Debt-to-EBITDA of 10.05 is 40% above median its 10-year median of 7.16. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 25.06. The Real Estate industry median Debt-to-EBITDA is 5.63. PSP Swiss Property AG's value of 10.05 is 78.7% above this industry median. Based on the distribution chart, PSP Swiss Property AG ranks #710 out of 1270 companies in the Real Estate industry, which is below the industry midpoint. Overall, PSP Swiss Property AG has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does PSP Swiss Property AG's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PSP Swiss Property AG ranks #710 out of 1270 companies for Debt-to-EBITDA. This places PSP Swiss Property AG in the lower half of its industry. The industry median Debt-to-EBITDA is 5.63. PSP Swiss Property AG's value of 10.05 is 78.7% above this benchmark. Historically, PSP Swiss Property AG's own Debt-to-EBITDA has ranged from 4.00 to 25.06 over the past decade. While the company's 10-year median is 7.16 vs. the industry median of 5.63, PSP Swiss Property AG 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 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. PSP Swiss Property AG's current Debt-to-EBITDA of 10.05 is 78.7% 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 PSP Swiss Property AG. 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. PSP Swiss Property AG's current Debt-to-EBITDA is 10.05, which is 40% above median its own 10-year median of 7.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Swiss Property AG stock overvalued right now?
PSP Swiss Property AG (PSPSF) has a current Debt-to-EBITDA of 10.05. The stock's GF Value™ is $156.02, compared to a current price of $180.89 — trading 15.9% above its estimated fair value. The current Debt-to-EBITDA is 10.05, which is 40% above median its 10-year median of 7.16 and 78.7% above the Real Estate industry median of 5.63. PSP Swiss Property AG's overall GF Score™ is 67/100 with 5 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 PSP Swiss Property AG (PSPSF), the current Debt-to-EBITDA is 10.05 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 PSP Swiss Property AG (PSPSF) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Swiss Property AG stock appears to be overvalued. The current stock price of $180.89 is trading 15.9% above its estimated GF Value™ of $156.02.

Key valuation signals for PSPSF:

  • Debt-to-EBITDA: 10.05 (40% above median its 10-year median of 7.16)
  • GF Value™: $156.02 vs. price of $180.89 (15.9% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 78.7% above the Real Estate median (#710 of 1270)

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


PSP Swiss Property AG Business Description

Address Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company, with all its properties active in Switzerland. The company's operating segments are Real estate investments, Property management, and Holding. A majority of its revenue is generated from the Real estate investments segment, which comprises all properties of the Group, such as investment properties, investment properties for sale, own-used properties, development properties, as well as development projects for sale. Income in this segment is generated by the properties mainly in the form of rental income and net changes in fair value. The Property management segment includes all services and activities concerning the management of the company's real estate portfolio, and the Holding segment includes the traditional corporate functions.
67GF Score

Get the complete analysis for PSPSF

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

$180.89
Price
$156.02
GF Value