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Neinor HomesXMAD:HOME -0.62%77 Debt-to-EBITDA is 4.98 as of Dec. 2025, which is 30% above its 10-year median of 3.83. GuruFocus rates XMAD:HOME with a GF Score™ of 77/100 and a GF Value™ of €22.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,275 Real Estate companies, Neinor Homes ranks worse than 67.84% 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 Neinor Homes's Debt-to-EBITDA or its related term are showing as below:
XMAD:HOME'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.77 Med: 3.83 Max: 31.2
Current: 9.09
During the past 11 years, the highest Debt-to-EBITDA Ratio of Neinor Homes was 31.20. The lowest was -23.77. And the median was 3.83.
XMAD:HOME's Debt-to-EBITDA is ranked worse than 67.84% of 1275
companies
in the Real Estate industry
Industry Median: 5.62
vs XMAD:HOME: 9.09
Neinor Homes (XMAD:HOME) Debt-to-EBITDA Explanation
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.
Neinor Homes Debt-to-EBITDA Related Terms
Neinor Homes Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Neinor Homes'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, Neinor Homes'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.
Neinor Homes Debt-to-EBITDA vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Neinor Homes's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Neinor Homes'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 two times the quarterly (Dec. 2025) EBITDA data.
Neinor Homes (XMAD:HOME) has a Debt-to-EBITDA of 4.98 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Neinor Homes. This is 30% above median its historical median of 3.83. According to the industry distribution chart, Neinor Homes ranks #865 out of 1275 companies in the Real Estate industry, placing it in the top 67.8%.
Is Neinor Homes' Debt-to-EBITDA too high?
Neinor Homes' current Debt-to-EBITDA of 4.98 is 30% above median its 10-year median of 3.83. The Real Estate industry median Debt-to-EBITDA is 5.62. Neinor Homes' value of 4.98 is 11.4% below this industry median. Based on the distribution chart, Neinor Homes ranks #865 out of 1275 companies in the Real Estate industry, which is below the industry midpoint. Overall, Neinor Homes has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neinor Homes' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Neinor Homes ranks #865 out of 1275 companies for Debt-to-EBITDA. This places Neinor Homes in the lower half of its industry. The industry median Debt-to-EBITDA is 5.62. Neinor Homes' value of 4.98 is 11.4% below this benchmark. While the company's 10-year median is 3.83 vs. the industry median of 5.62, Neinor Homes 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 5.62, based on 1,275 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. Neinor Homes's current Debt-to-EBITDA of 4.98 is 11.4% 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 Neinor Homes. For the Real Estate industry, the median Debt-to-EBITDA is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neinor Homes's current Debt-to-EBITDA is 4.98, which is 30% above median its own 10-year median of 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neinor Homes stock overvalued right now?
Based on GuruFocus' analysis, Neinor Homes (XMAD:HOME) is currently considered Possible Value Trap. The stock's GF Value™ is €22.89, compared to a current price of €16.08 — trading 29.8% below its estimated fair value. The current Debt-to-EBITDA is 4.98, which is 30% above median its 10-year median of 3.83 and 11.4% below the Real Estate industry median of 5.62. Neinor Homes' overall GF Score™ is 77/100 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 Neinor Homes (XMAD:HOME), the current Debt-to-EBITDA is 4.98 as of Dec. 2025. 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 Neinor Homes (XMAD:HOME) Overvalued in 2026?
Based on GuruFocus' analysis, Neinor Homes stock appears to be undervalued.
The current stock price of €16.08 is trading 29.8% below its estimated GF Value™ of €22.89.
GuruFocus considers Neinor Homes to be Possible Value Trap.
Key valuation signals for XMAD:HOME:
Debt-to-EBITDA: 4.98 (30% above median its 10-year median of 3.83)
GF Value™: €22.89 vs. price of €16.08 (29.8% below fair value)
Industry Position: 11.4% below the Real Estate median (#865 of 1275)
No single metric tells the full story. See the XMAD:HOME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Development, Asset Management and others. The company generates maximum revenue from the Development segment.
77GF Score
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