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DeveliaWAR:DVL -1.14%88 Debt-to-EBITDA is 1.04 as of Mar. 2026, which is 78% below its 10-year median of 4.68. GuruFocus rates WAR:DVL with a GF Score™ of 88/100 and a GF Value™ of zł8.31 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,274 Real Estate companies, Develia ranks better than 78.26% 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 Develia's Debt-to-EBITDA or its related term are showing as below:
WAR:DVL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.37 Med: 4.68 Max: 8.22
Current: 1.73
During the past 13 years, the highest Debt-to-EBITDA Ratio of Develia was 8.22. The lowest was -7.37. And the median was 4.68.
WAR:DVL's Debt-to-EBITDA is ranked better than 78.26% of 1274
companies
in the Real Estate industry
Industry Median: 5.64
vs WAR:DVL: 1.73
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.
Develia Debt-to-EBITDA Related Terms
Develia Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Develia'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.
For the Real Estate - Development subindustry, Develia'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.
Develia Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Develia's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Develia'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 four times the quarterly (Mar. 2026) EBITDA data.
Develia (WAR:DVL) has a Debt-to-EBITDA of 1.04 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Develia. This is 78% below median its historical median of 4.68. According to the industry distribution chart, Develia ranks #277 out of 1274 companies in the Real Estate industry, placing it in the top 21.7%.
Is Develia's Debt-to-EBITDA too high?
Develia's current Debt-to-EBITDA of 1.04 is 78% below median its 10-year median of 4.68. The Real Estate industry median Debt-to-EBITDA is 5.64. Develia's value of 1.04 is 81.6% below this industry median. Based on the distribution chart, Develia ranks #277 out of 1274 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Develia has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Develia's Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Develia ranks #277 out of 1274 companies for Debt-to-EBITDA. This places Develia in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.64. Develia's value of 1.04 is 81.6% below this benchmark. While the company's 10-year median is 4.68 vs. the industry median of 5.64, Develia 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 5.64, based on 1,274 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. Develia's current Debt-to-EBITDA of 1.04 is 81.6% 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 Develia. For the Real Estate industry, the median Debt-to-EBITDA is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Develia's current Debt-to-EBITDA is 1.04, which is 78% below median its own 10-year median of 4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develia stock overvalued right now?
Based on GuruFocus' analysis, Develia (WAR:DVL) is currently considered Modestly Overvalued. The stock's GF Value™ is zł8.31, compared to a current price of zł10.42 — trading 25.4% above its estimated fair value. The current Debt-to-EBITDA is 1.04, which is 78% below median its 10-year median of 4.68 and 81.6% below the Real Estate industry median of 5.64. Develia's overall GF Score™ is 88/100 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 Develia (WAR:DVL), the current Debt-to-EBITDA is 1.04 as of Mar. 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 Develia (WAR:DVL) Overvalued in 2026?
Based on GuruFocus' analysis, Develia stock appears to be overvalued.
The current stock price of zł10.42 is trading 25.4% above its estimated GF Value™ of zł8.31.
GuruFocus considers Develia to be Modestly Overvalued.
Key valuation signals for WAR:DVL:
Debt-to-EBITDA: 1.04 (78% below median its 10-year median of 4.68)
GF Value™: zł8.31 vs. price of zł10.42 (25.4% above fair value)
Industry Position: 81.6% below the Real Estate median (#277 of 1274)
No single metric tells the full story. See the WAR:DVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develia SA is a Poland based real estate developer. The company executes commercial and residential investment projects. It is engaged in activities, consisting of the purchasing of real estate and the development of residential, office, commercial or retail projects, and the sale or lease of premises. Its properties are built in Polish cities including Warsaw, Wroclaw, Krakow, Katowice, Gdansk, and Lodz.
88GF Score
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