Derayah REIT Fund (SAU:4339) Debt-to-EBITDA : 8.51 (As of Jun. 2026) — 23% 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.

SAU:4339 Derayah REIT Fund SAU:4339
65 GF Score
Price ﷼5.32
GF Value ﷼5.84
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Derayah REIT Fund Debt-to-EBITDA?

Derayah REIT Fund SAU:4339 +0.95% 65 Debt-to-EBITDA is 8.51 as of Jun. 2026, which is 23% above its 10-year median of 6.92. GuruFocus rates SAU:4339 with a GF Score™ of 65/100 and a GF Value™ of ﷼5.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 568 REITs companies, Derayah REIT Fund ranks worse than 63.91% on this metric.

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

Derayah REIT Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ﷼0.0 Mil. Derayah REIT Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ﷼610.0 Mil. Derayah REIT Fund's annualized EBITDA for the quarter that ended in Jun. 2026 was ﷼71.7 Mil. Derayah REIT Fund's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 8.51.

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 Derayah REIT Fund's Debt-to-EBITDA or its related term are showing as below:

SAU:4339' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.24   Med: 6.92   Max: 8.31
Current: 8.31

During the past 8 years, the highest Debt-to-EBITDA Ratio of Derayah REIT Fund was 8.31. The lowest was 5.24. And the median was 6.92.

SAU:4339's Debt-to-EBITDA is ranked worse than
63.91% of 568 companies
in the REITs industry
Industry Median: 6.52 vs SAU:4339: 8.31

Derayah REIT Fund  (SAU:4339) 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.


Derayah REIT Fund Debt-to-EBITDA Related Terms


Derayah REIT Fund Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Derayah REIT Fund'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.

Derayah REIT Fund Debt-to-EBITDA Chart

Derayah REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 8.00 6.82 5.33 7.20 8.31

Derayah REIT Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 6.41 8.32 7.91 8.75 8.51

SAU:4339 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Derayah REIT Fund'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.


Derayah REIT Fund Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Derayah REIT Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Derayah REIT Fund's Debt-to-EBITDA falls into.


SAU:4339
65GF Score
Derayah REIT Fund SAU:4339
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Derayah REIT Fund Debt-to-EBITDA Calculation

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

Derayah REIT Fund'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
=(0 + 610) / 73.442
=8.31

Derayah REIT Fund's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 610) / 71.676
=8.51

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.51 mean?
Derayah REIT Fund (SAU:4339) has a Debt-to-EBITDA of 8.51 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Derayah REIT Fund. This is 23% above median its historical median of 6.92. Over the past decade, Derayah REIT Fund's Debt-to-EBITDA has ranged from 5.24 to 8.31. According to the industry distribution chart, Derayah REIT Fund ranks #363 out of 568 companies in the REITs industry, placing it in the top 63.9%.
Is Derayah REIT Fund's Debt-to-EBITDA too high?
Derayah REIT Fund's current Debt-to-EBITDA of 8.51 is 23% above median its 10-year median of 6.92. Over the past 10 years, this metric has ranged from a low of 5.24 to a high of 8.31. The REITs industry median Debt-to-EBITDA is 6.52. Derayah REIT Fund's value of 8.51 is 30.5% above this industry median. Based on the distribution chart, Derayah REIT Fund ranks #363 out of 568 companies in the REITs industry, which is below the industry midpoint. Overall, Derayah REIT Fund has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Derayah REIT Fund's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Derayah REIT Fund ranks #363 out of 568 companies for Debt-to-EBITDA. This places Derayah REIT Fund in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. Derayah REIT Fund's value of 8.51 is 30.5% above this benchmark. Historically, Derayah REIT Fund's own Debt-to-EBITDA has ranged from 5.24 to 8.31 over the past decade. While the company's 10-year median is 6.92 vs. the industry median of 6.52, Derayah REIT Fund 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 6.52, based on 568 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. Derayah REIT Fund's current Debt-to-EBITDA of 8.51 is 30.5% 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 Derayah REIT Fund. For the REITs industry, the median Debt-to-EBITDA is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Derayah REIT Fund's current Debt-to-EBITDA is 8.51, which is 23% above median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Derayah REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, Derayah REIT Fund (SAU:4339) is currently considered Fairly Valued. The stock's GF Value™ is ﷼5.84, compared to a current price of ﷼5.32 — trading 8.9% below its estimated fair value. The current Debt-to-EBITDA is 8.51, which is 23% above median its 10-year median of 6.92 and 30.5% above the REITs industry median of 6.52. Derayah REIT Fund's overall GF Score™ is 65/100 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 Derayah REIT Fund (SAU:4339), the current Debt-to-EBITDA is 8.51 as of Jun. 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 Derayah REIT Fund (SAU:4339) Overvalued in 2026?

Based on GuruFocus' analysis, Derayah REIT Fund stock appears to be undervalued. The current stock price of ﷼5.32 is trading 8.9% below its estimated GF Value™ of ﷼5.84. GuruFocus considers Derayah REIT Fund to be Fairly Valued.

Key valuation signals for SAU:4339:

  • Debt-to-EBITDA: 8.51 (23% above median its 10-year median of 6.92)
  • GF Value™: ﷼5.84 vs. price of ﷼5.32 (8.9% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 30.5% above the REITs median (#363 of 568)

No single metric tells the full story. See the SAU:4339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Derayah REIT Fund Business Description

Industry Real EstateREITs
Address Al Takhassousi Street, P.O Box 663330, Riyadh Prestige Center, Riyadh, SAU, 11323
Derayah REIT Fund operates as a real estate investment company in Saudi Arabia. Its aim is to generate income on the invested capital by acquiring a number of diverse, completed, and income-generating real estate assets in Saudi Arabia with the exception of Mecca and Medina. The company services include Real Estate, Unified Trading, Margin Financing, Asset Management, Equity, and Alternative investment funds.
65GF Score

Get the complete analysis for SAU:4339

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

﷼5.32
Price
﷼5.84
GF Value