Hulic Reit (TSE:3295) Debt-to-EBITDA : 11.93 (As of Feb. 2026) — Near Median

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TSE:3295 Hulic Reit Inc TSE:3295
58 GF Score
Price 円155,000.00
GF Value 円166,342.67
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Hulic Reit Debt-to-EBITDA?

Hulic Reit TSE:3295 +0.98% 58 Debt-to-EBITDA is 11.93 as of Feb. 2026, which is 4% below its 10-year median of 12.41. GuruFocus rates TSE:3295 with a GF Score™ of 58/100 and a GF Value™ of 円166,342.67 (Fairly Valued). The stock has 5 warning signs investors should review. Among 572 REITs companies, Hulic Reit ranks worse than 83.74% on this metric.

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

Hulic Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円37,378 Mil. Hulic Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円159,518 Mil. Hulic Reit's annualized EBITDA for the quarter that ended in Feb. 2026 was 円16,501 Mil. Hulic Reit's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 was 11.93.

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 Hulic Reit's Debt-to-EBITDA or its related term are showing as below:

TSE:3295' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 11.51   Med: 12.41   Max: 13.3
Current: 11.98

During the past 12 years, the highest Debt-to-EBITDA Ratio of Hulic Reit was 13.30. The lowest was 11.51. And the median was 12.41.

TSE:3295's Debt-to-EBITDA is ranked worse than
83.74% of 572 companies
in the REITs industry
Industry Median: 6.53 vs TSE:3295: 11.98

Hulic Reit  (TSE:3295) 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.


Hulic Reit Debt-to-EBITDA Related Terms


Hulic Reit Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hulic Reit'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.

Hulic Reit Debt-to-EBITDA Chart

Hulic Reit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.69 12.19 13.09 13.03 12.14

Hulic Reit Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 13.17 12.91 12.55 12.14 11.93

TSE:3295 vs BXP, ARE, VNO: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, Hulic Reit'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.


Hulic Reit Debt-to-EBITDA vs REITs Industry

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

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


TSE:3295
58GF Score
Hulic Reit Inc TSE:3295
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hulic Reit Debt-to-EBITDA Calculation

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

Hulic Reit's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(36608 + 162108) / 16365.448
=12.14

Hulic Reit's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(37378 + 159518) / 16500.626
=11.93

* 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 (Feb. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 11.93 mean?
Hulic Reit (TSE:3295) has a Debt-to-EBITDA of 11.93 as of Feb. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hulic Reit. This is near median its historical median of 12.41. Over the past decade, Hulic Reit's Debt-to-EBITDA has ranged from 11.51 to 13.30. According to the industry distribution chart, Hulic Reit ranks #479 out of 572 companies in the REITs industry, placing it in the top 83.7%.
Is Hulic Reit's Debt-to-EBITDA too high?
Hulic Reit's current Debt-to-EBITDA of 11.93 is near median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 11.51 to a high of 13.30. The REITs industry median Debt-to-EBITDA is 6.53. Hulic Reit's value of 11.93 is 82.7% above this industry median. Based on the distribution chart, Hulic Reit ranks #479 out of 572 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hulic Reit has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hulic Reit's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, Hulic Reit ranks #479 out of 572 companies for Debt-to-EBITDA. This places Hulic Reit in the lower half of its industry. The industry median Debt-to-EBITDA is 6.53. Hulic Reit's value of 11.93 is 82.7% above this benchmark. Historically, Hulic Reit's own Debt-to-EBITDA has ranged from 11.51 to 13.30 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 6.53, Hulic Reit 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 6.53, 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. Hulic Reit's current Debt-to-EBITDA of 11.93 is 82.7% 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 Hulic Reit. For the REITs industry, the median Debt-to-EBITDA is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hulic Reit's current Debt-to-EBITDA is 11.93, which is near median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hulic Reit stock overvalued right now?
Based on GuruFocus' analysis, Hulic Reit (TSE:3295) is currently considered Fairly Valued. The stock's GF Value™ is 円166,342.67, compared to a current price of 円155,000.00 — trading 6.8% below its estimated fair value. The current Debt-to-EBITDA is 11.93, which is near median its 10-year median of 12.41 and 82.7% above the REITs industry median of 6.53. Hulic Reit's overall GF Score™ is 58/100 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 Hulic Reit (TSE:3295), the current Debt-to-EBITDA is 11.93 as of Feb. 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 Hulic Reit (TSE:3295) Overvalued in 2026?

Based on GuruFocus' analysis, Hulic Reit stock appears to be undervalued. The current stock price of 円155,000.00 is trading 6.8% below its estimated GF Value™ of 円166,342.67. GuruFocus considers Hulic Reit to be Fairly Valued.

Key valuation signals for TSE:3295:

  • Debt-to-EBITDA: 11.93 (near median its 10-year median of 12.41)
  • GF Value™: 円166,342.67 vs. price of 円155,000.00 (6.8% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 82.7% above the REITs median (#479 of 572)

No single metric tells the full story. See the TSE:3295 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hulic Reit Business Description

Industry Real EstateREITs
Address 2-3-11 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN
Hulic Reit Inc is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.
58GF Score

Get the complete analysis for TSE:3295

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

円155,000.00
Price
円166,342.67
GF Value