GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » EV-to-FCF

Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) EV-to-FCF : 23.06 (As of Apr. 27, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Granite Real Estate Investment Trust EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Granite Real Estate Investment Trust's Enterprise Value is $5,349.6 Mil. Granite Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $232.0 Mil. Therefore, Granite Real Estate Investment Trust's EV-to-FCF for today is 23.06.

The historical rank and industry rank for Granite Real Estate Investment Trust's EV-to-FCF or its related term are showing as below:

GRP.U' s EV-to-FCF Range Over the Past 10 Years
Min: 14.9   Med: 26.44   Max: 53.44
Current: 23.6

During the past 13 years, the highest EV-to-FCF of Granite Real Estate Investment Trust was 53.44. The lowest was 14.90. And the median was 26.44.

GRP.U's EV-to-FCF is ranked worse than
55.49% of 710 companies
in the REITs industry
Industry Median: 21.285 vs GRP.U: 23.60

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (2024-04-27), Granite Real Estate Investment Trust's stock price is $50.61. Granite Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.599. Therefore, Granite Real Estate Investment Trust's PE Ratio for today is 31.65.


Granite Real Estate Investment Trust EV-to-FCF Historical Data

The historical data trend for Granite Real Estate Investment Trust's EV-to-FCF 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.

* Premium members only.

Granite Real Estate Investment Trust EV-to-FCF Chart

Granite Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.35 24.99 34.33 26.53 25.00

Granite Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF 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 26.53 28.59 27.00 25.00 25.00

Competitive Comparison of Granite Real Estate Investment Trust's EV-to-FCF

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Granite Real Estate Investment Trust's EV-to-FCF Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's EV-to-FCF falls into.



Granite Real Estate Investment Trust EV-to-FCF Calculation

Granite Real Estate Investment Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5349.640/231.959
=23.06

Granite Real Estate Investment Trust's current Enterprise Value is $5,349.6 Mil.
Granite Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $232.0 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.


Granite Real Estate Investment Trust  (NYSE:GRP.U) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Granite Real Estate Investment Trust's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=50.61/1.599
=31.65

Granite Real Estate Investment Trust's share price for today is $50.61.
Granite Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.599.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Granite Real Estate Investment Trust EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Granite Real Estate Investment Trust's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.

Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Headlines

From GuruFocus

Granite REIT Declares Distribution for August 2022

By Business Wire Business Wire 08-17-2022

Granite REIT Declares Distribution for April 2023

By Business Wire Business Wire 04-17-2023

Granite REIT Declares Distribution for October 2023

By Business Wire 10-17-2023

Granite REIT Declares Distribution for July 2022

By Business Wire Business Wire 07-18-2022

Granite REIT Declares Distribution for February 2023

By Business Wire Business Wire 02-16-2023

Granite REIT Declares Distribution for June 2023

By Business Wire Business Wire 06-16-2023

Granite REIT Declares Distribution for January 2024

By Business Wire 01-17-2024