IGB Commercial REIT (XKLS:5299) EV-to-EBITDA: 16.01 (As of Aug. 08, 2026) — 12% Below Median

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XKLS:5299 IGB Commercial REIT XKLS:5299
33 GF Score
Price RM0.62
GF Value RM0.63
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is IGB Commercial REIT EV-to-EBITDA?

IGB Commercial REIT XKLS:5299 33 EV-to-EBITDA is 16.01 as of Aug. 08, 2026, which is 12% below its 10-year median of 18.20. GuruFocus rates XKLS:5299 with a GF Score™ of 33/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 671 REITs companies, IGB Commercial REIT ranks worse than 52.46% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, IGB Commercial REIT's enterprise value is RM2,283.9 Mil. IGB Commercial REIT's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was RM142.6 Mil. Therefore, IGB Commercial REIT's EV-to-EBITDA for today is 16.01.

The historical rank and industry rank for IGB Commercial REIT's EV-to-EBITDA or its related term are showing as below:

XKLS:5299' s EV-to-EBITDA Range Over the Past 10 Years
Min: 15.8   Med: 18.2   Max: 71.85
Current: 16.02

During the past 8 years, the highest EV-to-EBITDA of IGB Commercial REIT was 71.85. The lowest was 15.80. And the median was 18.20.

XKLS:5299's EV-to-EBITDA is ranked worse than
52.46% of 671 companies
in the REITs industry
Industry Median: 15.53 vs XKLS:5299: 16.02

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-08), IGB Commercial REIT's stock price is RM0.615. IGB Commercial REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.044. Therefore, IGB Commercial REIT's PE Ratio (TTM) for today is 13.98.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


IGB Commercial REIT  (XKLS:5299) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

IGB Commercial REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.615/0.044
=13.98

IGB Commercial REIT's share price for today is RM0.615.
IGB Commercial REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0.044.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


IGB Commercial REIT EV-to-EBITDA Related Terms


IGB Commercial REIT EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for IGB Commercial REIT's EV-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.

IGB Commercial REIT EV-to-EBITDA Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 20.21 17.03 19.80 17.21

IGB Commercial REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-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 Premium Member Only 17.71 17.80 17.21 16.01 15.76

XKLS:5299 vs BXP, ARE, VNO: EV-to-EBITDA Comparison

For the REIT - Office subindustry, IGB Commercial REIT's EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, IGB Commercial REIT's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where IGB Commercial REIT's EV-to-EBITDA falls into.


XKLS:5299
33GF Score
IGB Commercial REIT XKLS:5299
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Commercial REIT EV-to-EBITDA Calculation

IGB Commercial REIT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2283.863/142.624
=16.01

IGB Commercial REIT's current Enterprise Value is RM2,283.9 Mil.
IGB Commercial REIT's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM142.6 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 16.01 mean?
IGB Commercial REIT (XKLS:5299) has a EV-to-EBITDA of 16.01 as of Aug. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on IGB Commercial REIT. This is 12% below median its historical median of 18.20. Over the past decade, IGB Commercial REIT's EV-to-EBITDA has ranged from 15.80 to 71.85. According to the industry distribution chart, IGB Commercial REIT ranks #352 out of 671 companies in the REITs industry, placing it in the top 52.5%.
Is IGB Commercial REIT's EV-to-EBITDA too high?
IGB Commercial REIT's current EV-to-EBITDA of 16.01 is 12% below median its 10-year median of 18.20. Over the past 10 years, this metric has ranged from a low of 15.80 to a high of 71.85. The REITs industry median EV-to-EBITDA is 15.53. IGB Commercial REIT's value of 16.01 is 3.1% above this industry median. Based on the distribution chart, IGB Commercial REIT ranks #352 out of 671 companies in the REITs industry, which is below the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's EV-to-EBITDA compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #352 out of 671 companies for EV-to-EBITDA. This places IGB Commercial REIT in the lower half of its industry. The industry median EV-to-EBITDA is 15.53. IGB Commercial REIT's value of 16.01 is 3.1% above this benchmark. Historically, IGB Commercial REIT's own EV-to-EBITDA has ranged from 15.80 to 71.85 over the past decade. While the company's 10-year median is 18.20 vs. the industry median of 15.53, IGB Commercial 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 EV-to-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.53, based on 671 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IGB Commercial REIT's current EV-to-EBITDA of 16.01 is 3.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on IGB Commercial REIT. For the REITs industry, the median EV-to-EBITDA is 15.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current EV-to-EBITDA is 16.01, which is 12% below median its own 10-year median of 18.20. 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 RM0.62 — trading 2.4% below its estimated fair value. The current EV-to-EBITDA is 16.01, which is 12% below median its 10-year median of 18.20 and 3.1% above the REITs industry median of 15.53. IGB Commercial REIT's overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For IGB Commercial REIT (XKLS:5299), the current EV-to-EBITDA is 16.01 as of Aug. 08, 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 RM0.62 is trading 2.4% below its estimated GF Value™ of RM0.63. GuruFocus considers IGB Commercial REIT to be Fairly Valued.

Key valuation signals for XKLS:5299:

  • EV-to-EBITDA: 16.01 (12% below median its 10-year median of 18.20)
  • GF Value™: RM0.63 vs. price of RM0.62 (2.4% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 3.1% above the REITs median (#352 of 671)

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 Business Description

Industry Real EstateREITs
Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
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.
33GF Score

Get the complete analysis for XKLS:5299

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

RM0.62
Price
RM0.63
GF Value