Sekisui House Reit (TSE:3309) Debt-to-EBITDA : 9.05 (As of Apr. 2026) — 27% Below Median

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TSE:3309 Sekisui House Reit Inc TSE:3309
69 GF Score
Price 円73,200.00
GF Value 円79,679.95
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sekisui House Reit Debt-to-EBITDA?

Sekisui House Reit TSE:3309 -0.81% 69 Debt-to-EBITDA is 9.05 as of Apr. 2026, which is 27% below its 10-year median of 12.34. GuruFocus rates TSE:3309 with a GF Score™ of 69/100 and a GF Value™ of 円79,679.95 (Fairly Valued). The stock has 5 warning signs investors should review. Among 570 REITs companies, Sekisui House Reit ranks worse than 74.56% on this metric.

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

Sekisui House Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was 円39,227 Mil. Sekisui House Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was 円244,805 Mil. Sekisui House Reit's annualized EBITDA for the quarter that ended in Apr. 2026 was 円31,388 Mil. Sekisui House Reit's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 9.05.

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

TSE:3309' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 9.9   Med: 12.34   Max: 14.29
Current: 9.9

During the past 11 years, the highest Debt-to-EBITDA Ratio of Sekisui House Reit was 14.29. The lowest was 9.90. And the median was 12.34.

TSE:3309's Debt-to-EBITDA is ranked worse than
74.56% of 570 companies
in the REITs industry
Industry Median: 6.51 vs TSE:3309: 9.90

Sekisui House Reit  (TSE:3309) 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.


Sekisui House Reit Debt-to-EBITDA Related Terms


Sekisui House Reit Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sekisui House 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.

Sekisui House Reit Debt-to-EBITDA Chart

Sekisui House Reit Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.37 12.65 12.36 11.72 10.06

Sekisui House Reit Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 15.21 9.53 10.06 10.25 9.05

TSE:3309 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, Sekisui House 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.


Sekisui House Reit Debt-to-EBITDA vs REITs Industry

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

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


TSE:3309
69GF Score
Sekisui House Reit Inc TSE:3309
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sekisui House Reit Debt-to-EBITDA Calculation

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

Sekisui House Reit's Debt-to-EBITDA for the fiscal year that ended in Oct. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(40940 + 225502) / 26484.353
=10.06

Sekisui House Reit's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(39227 + 244805) / 31387.678
=9.05

* 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 (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 9.05 mean?
Sekisui House Reit (TSE:3309) has a Debt-to-EBITDA of 9.05 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Sekisui House Reit. This is 27% below median its historical median of 12.34. Over the past decade, Sekisui House Reit's Debt-to-EBITDA has ranged from 9.90 to 14.29. According to the industry distribution chart, Sekisui House Reit ranks #425 out of 570 companies in the REITs industry, placing it in the top 74.6%.
Is Sekisui House Reit's Debt-to-EBITDA too high?
Sekisui House Reit's current Debt-to-EBITDA of 9.05 is 27% below median its 10-year median of 12.34. Over the past 10 years, this metric has ranged from a low of 9.90 to a high of 14.29. The REITs industry median Debt-to-EBITDA is 6.51. Sekisui House Reit's value of 9.05 is 39% above this industry median. Based on the distribution chart, Sekisui House Reit ranks #425 out of 570 companies in the REITs industry, which is below the industry midpoint. Overall, Sekisui House Reit has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sekisui House Reit's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Sekisui House Reit ranks #425 out of 570 companies for Debt-to-EBITDA. This places Sekisui House Reit in the lower half of its industry. The industry median Debt-to-EBITDA is 6.51. Sekisui House Reit's value of 9.05 is 39% above this benchmark. Historically, Sekisui House Reit's own Debt-to-EBITDA has ranged from 9.90 to 14.29 over the past decade. While the company's 10-year median is 12.34 vs. the industry median of 6.51, Sekisui House 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 6.51, based on 570 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. Sekisui House Reit's current Debt-to-EBITDA of 9.05 is 39% 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 Sekisui House Reit. For the REITs industry, the median Debt-to-EBITDA is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sekisui House Reit's current Debt-to-EBITDA is 9.05, which is 27% below median its own 10-year median of 12.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sekisui House Reit stock overvalued right now?
Based on GuruFocus' analysis, Sekisui House Reit (TSE:3309) is currently considered Fairly Valued. The stock's GF Value™ is 円79,679.95, compared to a current price of 円73,200.00 — trading 8.1% below its estimated fair value. The current Debt-to-EBITDA is 9.05, which is 27% below median its 10-year median of 12.34 and 39% above the REITs industry median of 6.51. Sekisui House Reit's overall GF Score™ is 69/100 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 Sekisui House Reit (TSE:3309), the current Debt-to-EBITDA is 9.05 as of Apr. 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 Sekisui House Reit (TSE:3309) Overvalued in 2026?

Based on GuruFocus' analysis, Sekisui House Reit stock appears to be undervalued. The current stock price of 円73,200.00 is trading 8.1% below its estimated GF Value™ of 円79,679.95. GuruFocus considers Sekisui House Reit to be Fairly Valued.

Key valuation signals for TSE:3309:

  • Debt-to-EBITDA: 9.05 (27% below median its 10-year median of 12.34)
  • GF Value™: 円79,679.95 vs. price of 円73,200.00 (8.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 39% above the REITs median (#425 of 570)

No single metric tells the full story. See the TSE:3309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sekisui House Reit Business Description

Industry Real EstateREITs
Address 4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051
Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.
69GF Score

Get the complete analysis for TSE:3309

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

円73,200.00
Price
円79,679.95
GF Value