Orion Properties (STU:OY9) Debt-to-EBITDA : 2.38 (As of Jun. 2026) — 58% Below Median

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STU:OY9 Orion Properties Inc STU:OY9
74 GF Score
Price €2.45
GF Value €2.31
Valuation Fairly Valued
! 11 Warning Signs
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What is Orion Properties Debt-to-EBITDA?

Orion Properties STU:OY9 +8.91% 74 Debt-to-EBITDA is 2.38 as of Jun. 2026, which is 58% below its 10-year median of 5.72. GuruFocus rates STU:OY9 with a GF Score™ of 74/100 and a GF Value™ of €2.31 (Fairly Valued). The stock has 11 warning signs investors should review. Among 576 REITs companies, Orion Properties ranks worse than 173610.94% on this metric.

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

Orion Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €88.5 Mil. Orion Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €288.0 Mil. Orion Properties's annualized EBITDA for the quarter that ended in Jun. 2026 was €158.0 Mil. Orion Properties's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.38.

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

STU:OY9' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -47.47   Med: 5.72   Max: 699.37
Current: -47.47

During the past 8 years, the highest Debt-to-EBITDA Ratio of Orion Properties was 699.37. The lowest was -47.47. And the median was 5.72.

STU:OY9's Debt-to-EBITDA is ranked worse than
100% of 576 companies
in the REITs industry
Industry Median: 6.52 vs STU:OY9: -47.47

Orion Properties  (STU:OY9) 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.


Orion Properties Debt-to-EBITDA Related Terms


Orion Properties Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Orion 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.

Orion Properties Debt-to-EBITDA Chart

Orion Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 698.99 8.18 5.72 15.97 -9.52

Orion Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 Premium Member Only Premium Member Only Premium Member Only -57.61 -2.60 -7.64 17.86 2.38

STU:OY9 vs NLOP, FSP, CMCT: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, Orion 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.


Orion Properties Debt-to-EBITDA vs REITs Industry

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

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


STU:OY9
74GF Score
Orion Properties Inc STU:OY9
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orion Properties Debt-to-EBITDA Calculation

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

Orion 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
=(78.568 + 317.651) / -41.638
=-9.52

Orion Properties'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
=(88.536 + 288.004) / 157.988
=2.38

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.38 mean?
Orion Properties (STU:OY9) has a Debt-to-EBITDA of 2.38 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 Orion Properties. This is 58% below median its historical median of 5.72. According to the industry distribution chart, Orion Properties ranks #999999 out of 576 companies in the REITs industry.
Is Orion Properties' Debt-to-EBITDA too high?
Orion Properties' current Debt-to-EBITDA of 2.38 is 58% below median its 10-year median of 5.72. The REITs industry median Debt-to-EBITDA is 6.52. Orion Properties' value of 2.38 is 63.5% below this industry median. Based on the distribution chart, Orion Properties ranks #999999 out of 576 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orion Properties has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Properties' Debt-to-EBITDA compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #999999 out of 576 companies for Debt-to-EBITDA. This places Orion Properties in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. Orion Properties' value of 2.38 is 63.5% below this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 6.52, Orion 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.52, based on 576 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. Orion Properties's current Debt-to-EBITDA of 2.38 is 63.5% 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 Orion Properties. 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. Orion Properties's current Debt-to-EBITDA is 2.38, which is 58% below median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Properties stock overvalued right now?
Based on GuruFocus' analysis, Orion Properties (STU:OY9) is currently considered Fairly Valued. The stock's GF Value™ is €2.31, compared to a current price of €2.45 — trading 5.8% above its estimated fair value. The current Debt-to-EBITDA is 2.38, which is 58% below median its 10-year median of 5.72 and 63.5% below the REITs industry median of 6.52. Orion Properties' overall GF Score™ is 74/100 with 11 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 Orion Properties (STU:OY9), the current Debt-to-EBITDA is 2.38 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 Orion Properties (STU:OY9) Overvalued in 2026?

Based on GuruFocus' analysis, Orion Properties stock appears to be overvalued. The current stock price of €2.45 is trading 5.8% above its estimated GF Value™ of €2.31. GuruFocus considers Orion Properties to be Fairly Valued.

Key valuation signals for STU:OY9:

  • Debt-to-EBITDA: 2.38 (58% below median its 10-year median of 5.72)
  • GF Value™: €2.31 vs. price of €2.45 (5.8% above fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 63.5% below the REITs median (#999999 of 576)

No single metric tells the full story. See the STU:OY9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orion Properties Business Description

Industry Real EstateREITs
Other Exchanges ONL:USA
Address 3200 East Camelback Road, Suite 100, Phoenix, AZ, USA, 85018
Orion Properties Inc is an internally managed real estate investment trust engaged in the ownership, acquisition, and management of a diversified portfolio of office properties located in high-quality suburban markets across the United States and leased mainly on a single-tenant net lease basis to creditworthy tenants. Its portfolio is comprised of traditional office properties, as well as governmental, medical office, flex/laboratory, and R&D and flex/industrial properties. The company is focused on shifting its portfolio concentration over time away from traditional office properties, towards more dedicated use assets with specialized uses that include an office component. It operates in one business segment: commercial real estate.
74GF Score

Get the complete analysis for STU:OY9

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

€2.45
Price
€2.31
GF Value