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Patrimoine et CommerceXPAR:PAT 80 Debt-to-EBITDA is 5.87 as of Dec. 2025, which is 41% below its 10-year median of 10.00. GuruFocus rates XPAR:PAT with a GF Score™ of 80/100 and a GF Value™ of €22.78 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 576 REITs companies, Patrimoine et Commerce ranks worse than 82.47% 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 Patrimoine et Commerce's Debt-to-EBITDA or its related term are showing as below:
XPAR:PAT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.55 Med: 10 Max: 15.87
Current: 11.74
During the past 13 years, the highest Debt-to-EBITDA Ratio of Patrimoine et Commerce was 15.87. The lowest was 7.55. And the median was 10.00.
XPAR:PAT's Debt-to-EBITDA is ranked worse than 82.47% of 576
companies
in the REITs industry
Industry Median: 6.52
vs XPAR:PAT: 11.74
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.
Patrimoine et Commerce Debt-to-EBITDA Related Terms
Patrimoine et Commerce Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Patrimoine et Commerce'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.
XPAR:PAT vs SPG, O, KIM: Debt-to-EBITDA Comparison
For the REIT - Retail subindustry, Patrimoine et Commerce'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.
Patrimoine et Commerce Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Patrimoine et Commerce's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Patrimoine et Commerce'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.
Patrimoine et Commerce (XPAR:PAT) has a Debt-to-EBITDA of 5.87 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 Patrimoine et Commerce. This is 41% below median its historical median of 10.00. Over the past decade, Patrimoine et Commerce's Debt-to-EBITDA has ranged from 7.55 to 15.87. According to the industry distribution chart, Patrimoine et Commerce ranks #475 out of 576 companies in the REITs industry, placing it in the top 82.5%.
Is Patrimoine et Commerce's Debt-to-EBITDA too high?
Patrimoine et Commerce's current Debt-to-EBITDA of 5.87 is 41% below median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 7.55 to a high of 15.87. The REITs industry median Debt-to-EBITDA is 6.52. Patrimoine et Commerce's value of 5.87 is 10% below this industry median. Based on the distribution chart, Patrimoine et Commerce ranks #475 out of 576 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Patrimoine et Commerce has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patrimoine et Commerce's Debt-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Patrimoine et Commerce ranks #475 out of 576 companies for Debt-to-EBITDA. This places Patrimoine et Commerce in the lower half of its industry. The industry median Debt-to-EBITDA is 6.52. Patrimoine et Commerce's value of 5.87 is 10% below this benchmark. Historically, Patrimoine et Commerce's own Debt-to-EBITDA has ranged from 7.55 to 15.87 over the past decade. While the company's 10-year median is 10.00 vs. the industry median of 6.52, Patrimoine et Commerce 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 6.52, based on 576 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. Patrimoine et Commerce's current Debt-to-EBITDA of 5.87 is 10% 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 Patrimoine et Commerce. For the REITs industry, the median Debt-to-EBITDA is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrimoine et Commerce's current Debt-to-EBITDA is 5.87, which is 41% below median its own 10-year median of 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrimoine et Commerce stock overvalued right now?
Based on GuruFocus' analysis, Patrimoine et Commerce (XPAR:PAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.78, compared to a current price of €26.60 — trading 16.8% above its estimated fair value. The current Debt-to-EBITDA is 5.87, which is 41% below median its 10-year median of 10.00 and 10% below the REITs industry median of 6.52. Patrimoine et Commerce's overall GF Score™ is 80/100 with 9 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 Patrimoine et Commerce (XPAR:PAT), the current Debt-to-EBITDA is 5.87 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 Patrimoine et Commerce (XPAR:PAT) Overvalued in 2026?
Based on GuruFocus' analysis, Patrimoine et Commerce stock appears to be overvalued.
The current stock price of €26.60 is trading 16.8% above its estimated GF Value™ of €22.78.
GuruFocus considers Patrimoine et Commerce to be Modestly Overvalued.
Key valuation signals for XPAR:PAT:
Debt-to-EBITDA: 5.87 (41% below median its 10-year median of 10.00)
GF Value™: €22.78 vs. price of €26.60 (16.8% above fair value)
Industry Position: 10% below the REITs median (#475 of 576)
No single metric tells the full story. See the XPAR:PAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.
80GF Score
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