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Sun Hung Kai PropertiesSTU:SHG +1.57%80 Debt-to-EBITDA is 3.52 as of Dec. 2025, which is 19% above its 10-year median of 2.96. GuruFocus rates STU:SHG with a GF Score™ of 80/100 and a GF Value™ of €11.04 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,277 Real Estate companies, Sun Hung Kai Properties ranks better than 64.68% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Sun Hung Kai Properties's Debt-to-EBITDA or its related term are showing as below:
STU:SHG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.27 Med: 2.96 Max: 4.12
Current: 3.35
During the past 13 years, the highest Debt-to-EBITDA Ratio of Sun Hung Kai Properties was 4.12. The lowest was 1.27. And the median was 2.96.
STU:SHG's Debt-to-EBITDA is ranked better than 64.68% of 1277
companies
in the Real Estate industry
Industry Median: 5.54
vs STU:SHG: 3.35
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.
Sun Hung Kai Properties Debt-to-EBITDA Related Terms
Sun Hung Kai Properties Debt-to-EBITDA Historical Data
* 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.
Sun Hung Kai Properties Debt-to-EBITDA Competitor Comparison
For the Real Estate - Development subindustry, Sun Hung Kai 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.
Sun Hung Kai Properties Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Sun Hung Kai Properties'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.
Sun Hung Kai Properties (STU:SHG) has a Debt-to-EBITDA of 3.52 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 Sun Hung Kai Properties. This is 19% above median its historical median of 2.96. Over the past decade, Sun Hung Kai Properties' Debt-to-EBITDA has ranged from 1.27 to 4.12. According to the industry distribution chart, Sun Hung Kai Properties ranks #451 out of 1277 companies in the Real Estate industry, placing it in the top 35.3%.
Is Sun Hung Kai Properties' Debt-to-EBITDA too high?
Sun Hung Kai Properties' current Debt-to-EBITDA of 3.52 is 19% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 4.12. The Real Estate industry median Debt-to-EBITDA is 5.54. Sun Hung Kai Properties' value of 3.52 is 36.5% below this industry median. Based on the distribution chart, Sun Hung Kai Properties ranks #451 out of 1277 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sun Hung Kai Properties has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Sun Hung Kai Properties ranks #451 out of 1277 companies for Debt-to-EBITDA. This puts Sun Hung Kai Properties in the upper half of its industry. The industry median Debt-to-EBITDA is 5.54. Sun Hung Kai Properties' value of 3.52 is 36.5% below this benchmark. Historically, Sun Hung Kai Properties' own Debt-to-EBITDA has ranged from 1.27 to 4.12 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 5.54, Sun Hung Kai 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 5.54, based on 1,277 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. Sun Hung Kai Properties's current Debt-to-EBITDA of 3.52 is 36.5% 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 Sun Hung Kai Properties. For the Real Estate industry, the median Debt-to-EBITDA is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Hung Kai Properties's current Debt-to-EBITDA is 3.52, which is 19% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai Properties (STU:SHG) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.04, compared to a current price of €12.90 — trading 16.8% above its estimated fair value. The current Debt-to-EBITDA is 3.52, which is 19% above median its 10-year median of 2.96 and 36.5% below the Real Estate industry median of 5.54. Sun Hung Kai Properties' overall GF Score™ is 80/100 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 Sun Hung Kai Properties (STU:SHG), the current Debt-to-EBITDA is 3.52 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 Sun Hung Kai Properties (STU:SHG) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued.
The current stock price of €12.90 is trading 16.8% above its estimated GF Value™ of €11.04.
GuruFocus considers Sun Hung Kai Properties to be Modestly Overvalued.
Key valuation signals for STU:SHG:
Debt-to-EBITDA: 3.52 (19% above median its 10-year median of 2.96)
GF Value™: €11.04 vs. price of €12.90 (16.8% above fair value)
Industry Position: 36.5% below the Real Estate median (#451 of 1277)
No single metric tells the full story. See the STU:SHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
80GF Score
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