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IGB Commercial REITXKLS:5299 32 Debt-to-EBITDA is 5.05 as of Jun. 2026, which is 35% below its 10-year median of 7.79. GuruFocus rates XKLS:5299 with a GF Score™ of 32/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 572 REITs companies, IGB Commercial REIT ranks better than 52.1% 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 IGB Commercial REIT's Debt-to-EBITDA or its related term are showing as below:
XKLS:5299'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.18 Med: 7.79 Max: 8.6
Current: 6.18
During the past 8 years, the highest Debt-to-EBITDA Ratio of IGB Commercial REIT was 8.60. The lowest was 6.18. And the median was 7.79.
XKLS:5299's Debt-to-EBITDA is ranked better than 52.1% of 572
companies
in the REITs industry
Industry Median: 6.545
vs XKLS:5299: 6.18
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.
IGB Commercial REIT Debt-to-EBITDA Related Terms
IGB Commercial REIT Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for IGB Commercial 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.
XKLS:5299 vs BXP, ARE, VNO: Debt-to-EBITDA Comparison
For the REIT - Office subindustry, IGB Commercial 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.
IGB Commercial REIT Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, IGB Commercial REIT's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where IGB Commercial REIT'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 (Jun. 2026) EBITDA data.
IGB Commercial REIT (XKLS:5299) has a Debt-to-EBITDA of 5.05 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 IGB Commercial REIT. This is 35% below median its historical median of 7.79. Over the past decade, IGB Commercial REIT's Debt-to-EBITDA has ranged from 6.18 to 8.60. According to the industry distribution chart, IGB Commercial REIT ranks #274 out of 572 companies in the REITs industry, placing it in the top 47.9%.
Is IGB Commercial REIT's Debt-to-EBITDA too high?
IGB Commercial REIT's current Debt-to-EBITDA of 5.05 is 35% below median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 8.60. The REITs industry median Debt-to-EBITDA is 6.55. IGB Commercial REIT's value of 5.05 is 22.8% below this industry median. Based on the distribution chart, IGB Commercial REIT ranks #274 out of 572 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Debt-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #274 out of 572 companies for Debt-to-EBITDA. This puts IGB Commercial REIT in the upper half of its industry. The industry median Debt-to-EBITDA is 6.55. IGB Commercial REIT's value of 5.05 is 22.8% below this benchmark. Historically, IGB Commercial REIT's own Debt-to-EBITDA has ranged from 6.18 to 8.60 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 6.55, IGB Commercial REIT 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 REITs company?
The median Debt-to-EBITDA among REITs companies is 6.55, 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. IGB Commercial REIT's current Debt-to-EBITDA of 5.05 is 22.8% 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 IGB Commercial REIT. For the REITs industry, the median Debt-to-EBITDA is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current Debt-to-EBITDA is 5.05, which is 35% below median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.63 — trading right at its estimated fair value. The current Debt-to-EBITDA is 5.05, which is 35% below median its 10-year median of 7.79 and 22.8% below the REITs industry median of 6.55. IGB Commercial REIT's overall GF Score™ is 32/100 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 IGB Commercial REIT (XKLS:5299), the current Debt-to-EBITDA is 5.05 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued.
The current stock price of RM0.63 is trading 0% below its estimated GF Value™ of RM0.63.
GuruFocus considers IGB Commercial REIT to be Fairly Valued.
Key valuation signals for XKLS:5299:
Debt-to-EBITDA: 5.05 (35% below median its 10-year median of 7.79)
GF Value™: RM0.63 vs. price of RM0.63 (0% below fair value)
Industry Position: 22.8% below the REITs median (#274 of 572)
No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
32GF Score
Get the complete analysis for XKLS:5299
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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