CRE Logistics REIT (TSE:3487) Debt-to-EBITDA : 10.34 (As of Jun. 2026) — 19% Below Median

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TSE:3487 CRE Logistics REIT Inc TSE:3487
67 GF Score
Price 円134,300.00
GF Value 円157,873.76
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is CRE Logistics REIT Debt-to-EBITDA?

CRE Logistics REIT TSE:3487 -0.15% 67 Debt-to-EBITDA is 10.34 as of Jun. 2026, which is 19% below its 10-year median of 12.74. GuruFocus rates TSE:3487 with a GF Score™ of 67/100 and a GF Value™ of 円157,873.76 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 575 REITs companies, CRE Logistics REIT ranks worse than 76.7% on this metric.

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

CRE Logistics REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円13,650 Mil. CRE Logistics REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円56,269 Mil. CRE Logistics REIT's annualized EBITDA for the quarter that ended in Jun. 2026 was 円6,762 Mil. CRE Logistics REIT's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 10.34.

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 CRE Logistics REIT's Debt-to-EBITDA or its related term are showing as below:

TSE:3487' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.63   Med: 12.74   Max: 16.26
Current: 10.42

During the past 9 years, the highest Debt-to-EBITDA Ratio of CRE Logistics REIT was 16.26. The lowest was 8.63. And the median was 12.74.

TSE:3487's Debt-to-EBITDA is ranked worse than
76.7% of 575 companies
in the REITs industry
Industry Median: 6.56 vs TSE:3487: 10.42

CRE Logistics REIT  (TSE:3487) 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.


CRE Logistics REIT Debt-to-EBITDA Related Terms


CRE Logistics REIT Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CRE Logistics 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.

CRE Logistics REIT Debt-to-EBITDA Chart

CRE Logistics REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 12.86 8.63 11.77 11.28 10.63

CRE Logistics REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 11.62 10.97 10.73 10.54 10.34

TSE:3487 vs VICI, WPC: Debt-to-EBITDA Comparison

For the REIT - Diversified subindustry, CRE Logistics 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.


CRE Logistics REIT Debt-to-EBITDA vs REITs Industry

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

* The bar in red indicates where CRE Logistics REIT's Debt-to-EBITDA falls into.


TSE:3487
67GF Score
CRE Logistics REIT Inc TSE:3487
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRE Logistics REIT Debt-to-EBITDA Calculation

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

CRE Logistics REIT'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
=(14450 + 55669) / 6593.835
=10.63

CRE Logistics REIT'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
=(13650 + 56269) / 6761.642
=10.34

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.34 mean?
CRE Logistics REIT (TSE:3487) has a Debt-to-EBITDA of 10.34 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 CRE Logistics REIT. This is 19% below median its historical median of 12.74. Over the past decade, CRE Logistics REIT's Debt-to-EBITDA has ranged from 8.63 to 16.26. According to the industry distribution chart, CRE Logistics REIT ranks #441 out of 575 companies in the REITs industry, placing it in the top 76.7%.
Is CRE Logistics REIT's Debt-to-EBITDA too high?
CRE Logistics REIT's current Debt-to-EBITDA of 10.34 is 19% below median its 10-year median of 12.74. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 16.26. The REITs industry median Debt-to-EBITDA is 6.56. CRE Logistics REIT's value of 10.34 is 57.6% above this industry median. Based on the distribution chart, CRE Logistics REIT ranks #441 out of 575 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, CRE Logistics REIT has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRE Logistics REIT's Debt-to-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, CRE Logistics REIT ranks #441 out of 575 companies for Debt-to-EBITDA. This places CRE Logistics REIT in the lower half of its industry. The industry median Debt-to-EBITDA is 6.56. CRE Logistics REIT's value of 10.34 is 57.6% above this benchmark. Historically, CRE Logistics REIT's own Debt-to-EBITDA has ranged from 8.63 to 16.26 over the past decade. While the company's 10-year median is 12.74 vs. the industry median of 6.56, CRE Logistics 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 6.56, based on 575 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. CRE Logistics REIT's current Debt-to-EBITDA of 10.34 is 57.6% 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 CRE Logistics REIT. For the REITs industry, the median Debt-to-EBITDA is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRE Logistics REIT's current Debt-to-EBITDA is 10.34, which is 19% below median its own 10-year median of 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRE Logistics REIT stock overvalued right now?
Based on GuruFocus' analysis, CRE Logistics REIT (TSE:3487) is currently considered Modestly Undervalued. The stock's GF Value™ is 円157,873.76, compared to a current price of 円134,300.00 — trading 14.9% below its estimated fair value. The current Debt-to-EBITDA is 10.34, which is 19% below median its 10-year median of 12.74 and 57.6% above the REITs industry median of 6.56. CRE Logistics REIT's overall GF Score™ is 67/100 with 8 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 CRE Logistics REIT (TSE:3487), the current Debt-to-EBITDA is 10.34 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 CRE Logistics REIT (TSE:3487) Overvalued in 2026?

Based on GuruFocus' analysis, CRE Logistics REIT stock appears to be undervalued. The current stock price of 円134,300.00 is trading 14.9% below its estimated GF Value™ of 円157,873.76. GuruFocus considers CRE Logistics REIT to be Modestly Undervalued.

Key valuation signals for TSE:3487:

  • Debt-to-EBITDA: 10.34 (19% below median its 10-year median of 12.74)
  • GF Value™: 円157,873.76 vs. price of 円134,300.00 (14.9% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 57.6% above the REITs median (#441 of 575)

No single metric tells the full story. See the TSE:3487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRE Logistics REIT Business Description

Industry Real EstateREITs
Address 2-10-1, East Tower 19th Floor, Toranomon Twin Building, Toranomon, Minato-ku, Tokyo, JPN, 105-1001
CRE Logistics REIT Inc is a Japanese Real estate investment trust. The company focuses on logistics properties to deliver comprehensive services that span the development of logistics properties to leasing, and property management. It portfolio consist of Logisquare Kuki, Logisquare Tosu, and Logisquare Hanyu.
67GF Score

Get the complete analysis for TSE:3487

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

円134,300.00
Price
円157,873.76
GF Value