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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.
The historical rank and industry rank for Property For Industry's Debt-to-EBITDA or its related term are showing as below:
PYIYF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.4 Med: 2.99 Max: 33
Current: 4.36
During the past 13 years, the highest Debt-to-EBITDA Ratio of Property For Industry was 33.00. The lowest was -9.40. And the median was 2.99.
PYIYF's Debt-to-EBITDA is ranked better than 71.85% of 572
companies
in the REITs industry
Industry Median: 6.56
vs PYIYF: 4.36
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.
Property For Industry Debt-to-EBITDA Related Terms
Property For Industry Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Property For Industry'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.
For the REIT - Industrial subindustry, Property For Industry'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.
Property For Industry Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Property For Industry's Debt-to-EBITDA falls into.
* 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.
Property For Industry (PYIYF) has a Debt-to-EBITDA of 5.35 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 Property For Industry. This is 79% above median its historical median of 2.99. According to the industry distribution chart, Property For Industry ranks #161 out of 572 companies in the REITs industry, placing it in the top 28.1%.
Is Property For Industry's Debt-to-EBITDA too high?
Property For Industry's current Debt-to-EBITDA of 5.35 is 79% above median its 10-year median of 2.99. The REITs industry median Debt-to-EBITDA is 6.56. Property For Industry's value of 5.35 is 18.4% below this industry median. Based on the distribution chart, Property For Industry ranks #161 out of 572 companies in the REITs industry, which is above the industry midpoint. Overall, Property For Industry has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Debt-to-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, Property For Industry ranks #161 out of 572 companies for Debt-to-EBITDA. This puts Property For Industry in the upper half of its industry. The industry median Debt-to-EBITDA is 6.56. Property For Industry's value of 5.35 is 18.4% below this benchmark. While the company's 10-year median is 2.99 vs. the industry median of 6.56, Property For Industry 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.56, based on 572 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. Property For Industry's current Debt-to-EBITDA of 5.35 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 Property For Industry. 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. Property For Industry's current Debt-to-EBITDA is 5.35, which is 79% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Property For Industry (PYIYF) has a current Debt-to-EBITDA of 5.35. The stock's GF Value™ is $1.21, compared to a current price of $1.26 — trading 4.1% above its estimated fair value. The current Debt-to-EBITDA is 5.35, which is 79% above median its 10-year median of 2.99 and 18.4% below the REITs industry median of 6.56. Property For Industry's overall GF Score™ is 82/100 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 Property For Industry (PYIYF), the current Debt-to-EBITDA is 5.35 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 Property For Industry (PYIYF) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued.
The current stock price of $1.26 is trading 4.1% above its estimated GF Value™ of $1.21.
Key valuation signals for PYIYF:
Debt-to-EBITDA: 5.35 (79% above median its 10-year median of 2.99)
GF Value™: $1.21 vs. price of $1.26 (4.1% above fair value)
Industry Position: 18.4% below the REITs median (#161 of 572)
No single metric tells the full story. See the PYIYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
82GF Score
Get the complete analysis for PYIYF
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