Shenzhen Investment (STU:SHS) Debt-to-EBITDA : 26.92 (As of Dec. 2025) — 592% 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.

STU:SHS Shenzhen Investment Ltd STU:SHS
56 GF Score
Price €0.06
GF Value €0.21
! 7 Warning Signs
View Full Analysis

What is Shenzhen Investment Debt-to-EBITDA?

Shenzhen Investment STU:SHS -2.33% 56 Debt-to-EBITDA is 26.92 as of Dec. 2025, which is 592% above its 10-year median of 3.89. GuruFocus rates STU:SHS with a GF Score™ of 56/100 and a GF Value™ of €0.21. The stock has 7 warning signs investors should review. Among 1,278 Real Estate companies, Shenzhen Investment ranks worse than 78247.18% on this metric.

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

Shenzhen Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €1,616 Mil. Shenzhen Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €2,879 Mil. Shenzhen Investment's annualized EBITDA for the quarter that ended in Dec. 2025 was €167 Mil. Shenzhen Investment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 26.92.

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 Shenzhen Investment's Debt-to-EBITDA or its related term are showing as below:

STU:SHS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -675.73   Med: 3.89   Max: 43.31
Current: -98.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shenzhen Investment was 43.31. The lowest was -675.73. And the median was 3.89.

STU:SHS's Debt-to-EBITDA is ranked worse than
100% of 1278 companies
in the Real Estate industry
Industry Median: 5.555 vs STU:SHS: -98.63

Shenzhen Investment  (STU:SHS) 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.


Shenzhen Investment Debt-to-EBITDA Related Terms


Shenzhen Investment Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shenzhen Investment'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.

Shenzhen Investment Debt-to-EBITDA Chart

Shenzhen Investment 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 8.85 5.77 11.52 43.31 -675.71

Shenzhen Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.26 -98.76 26.91 -15.96 26.92

Shenzhen Investment Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Shenzhen Investment'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.


Shenzhen Investment Debt-to-EBITDA vs Real Estate Industry

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

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


STU:SHS
56GF Score
Shenzhen Investment Ltd STU:SHS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Investment Debt-to-EBITDA Calculation

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

Shenzhen Investment'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
=(1615.555 + 2878.593) / -6.651
=-675.71

Shenzhen Investment's annualized Debt-to-EBITDA for the quarter 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
=(1615.555 + 2878.593) / 166.964
=26.92

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 26.92 mean?
Shenzhen Investment (STU:SHS) has a Debt-to-EBITDA of 26.92 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 Shenzhen Investment. This is 592% above median its historical median of 3.89. According to the industry distribution chart, Shenzhen Investment ranks #999999 out of 1278 companies in the Real Estate industry.
Is Shenzhen Investment's Debt-to-EBITDA too high?
Shenzhen Investment's current Debt-to-EBITDA of 26.92 is 592% above median its 10-year median of 3.89. The Real Estate industry median Debt-to-EBITDA is 5.56. Shenzhen Investment's value of 26.92 is 384.6% above this industry median. Based on the distribution chart, Shenzhen Investment ranks #999999 out of 1278 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Investment has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Investment's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Shenzhen Investment ranks #999999 out of 1278 companies for Debt-to-EBITDA. This places Shenzhen Investment in the lower half of its industry. The industry median Debt-to-EBITDA is 5.56. Shenzhen Investment's value of 26.92 is 384.6% above this benchmark. While the company's 10-year median is 3.89 vs. the industry median of 5.56, Shenzhen Investment 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 5.56, based on 1,278 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. Shenzhen Investment's current Debt-to-EBITDA of 26.92 is 384.6% 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 Shenzhen Investment. For the Real Estate industry, the median Debt-to-EBITDA is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Investment's current Debt-to-EBITDA is 26.92, which is 592% above median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Investment stock overvalued right now?
Shenzhen Investment (STU:SHS) has a current Debt-to-EBITDA of 26.92. The stock's GF Value™ is €0.21, compared to a current price of €0.06 — trading 70% below its estimated fair value. The current Debt-to-EBITDA is 26.92, which is 592% above median its 10-year median of 3.89 and 384.6% above the Real Estate industry median of 5.56. Shenzhen Investment's overall GF Score™ is 56/100 with 7 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 Shenzhen Investment (STU:SHS), the current Debt-to-EBITDA is 26.92 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 Shenzhen Investment (STU:SHS) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Investment stock appears to be undervalued. The current stock price of €0.06 is trading 70% below its estimated GF Value™ of €0.21.

Key valuation signals for STU:SHS:

  • Debt-to-EBITDA: 26.92 (592% above median its 10-year median of 3.89)
  • GF Value™: €0.21 vs. price of €0.06 (70% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 384.6% above the Real Estate median (#999999 of 1278)

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


Shenzhen Investment Business Description

Other Exchanges 00604:Hong KongSHS:Germany
Address 9 Science Museum Road, 8th Floor, New East Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Shenzhen Investment Ltd is a general real estate company. The company reports five core segments: property development, property investment, property management, manufacture, and others. The company generates the vast majority of its revenue from its property development operations, followed by property management. The property development segment develops residential, industrial, and commercial properties. The company generates all of its revenue in Mainland China.
56GF Score

Get the complete analysis for STU:SHS

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

€0.06
Price
€0.21
GF Value