FESNF (First Real Estate Investment Trust) EV-to-EBIT: 14.60 (As of Jul. 16, 2026) — Near Median

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FESNF First Real Estate Investment Trust FESNF
43 GF Score
Price $0.19
GF Value $0.19
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is First Real Estate Investment Trust EV-to-EBIT?

First Real Estate Investment Trust FESNF 43 EV-to-EBIT is 14.60 as of Jul. 16, 2026, which is 9% above its 10-year median of 13.42. GuruFocus rates FESNF with a GF Score™ of 43/100 and a GF Value™ of $0.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 666 REITs companies, First Real Estate Investment Trust ranks better than 61.41% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Real Estate Investment Trust's Enterprise Value is $676.22 Mil. First Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $46.30 Mil. Therefore, First Real Estate Investment Trust's EV-to-EBIT for today is 14.60.

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

FESNF' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.11   Med: 13.42   Max: 18.21
Current: 14.89

During the past 13 years, the highest EV-to-EBIT of First Real Estate Investment Trust was 18.21. The lowest was -2.11. And the median was 13.42.

FESNF's EV-to-EBIT is ranked better than
61.41% of 666 companies
in the REITs industry
Industry Median: 17.995 vs FESNF: 14.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Real Estate Investment Trust's Enterprise Value for the quarter that ended in Dec. 2025 was $752.17 Mil. First Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $46.30 Mil. First Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.16%.


First Real Estate Investment Trust  (OTCPK:FESNF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

First Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=46.302/752.16849
=6.16 %

First Real Estate Investment Trust's Enterprise Value for the quarter that ended in Dec. 2025 was $752.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $46.30 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.


First Real Estate Investment Trust EV-to-EBIT Related Terms


First Real Estate Investment Trust EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust's EV-to-EBIT 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.

First Real Estate Investment Trust EV-to-EBIT Chart

First Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 14.24 9.97 13.85 16.45

First Real Estate Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT 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 9.97 0.00 13.85 0.00 16.45

FESNF vs WELL, VTR, DOC: EV-to-EBIT Comparison

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


First Real Estate Investment Trust EV-to-EBIT vs REITs Industry

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

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


FESNF
43GF Score
First Real Estate Investment Trust FESNF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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First Real Estate Investment Trust EV-to-EBIT Calculation

First Real Estate Investment Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=676.221/46.302
=14.60

First Real Estate Investment Trust's current Enterprise Value is $676.22 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $46.30 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-EBIT →
What does a EV-to-EBIT of 14.60 mean?
First Real Estate Investment Trust (FESNF) has a EV-to-EBIT of 14.60 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Real Estate Investment Trust and its competitors. This is near median its historical median of 13.42. According to the industry distribution chart, First Real Estate Investment Trust ranks #257 out of 666 companies in the REITs industry, placing it in the top 38.6%.
Is First Real Estate Investment Trust's EV-to-EBIT too high?
First Real Estate Investment Trust's current EV-to-EBIT of 14.60 is near median its 10-year median of 13.42. The REITs industry median EV-to-EBIT is 18.00. First Real Estate Investment Trust's value of 14.60 is 18.9% below this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #257 out of 666 companies in the REITs industry, which is above the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's EV-to-EBIT compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #257 out of 666 companies for EV-to-EBIT. This puts First Real Estate Investment Trust in the upper half of its industry. The industry median EV-to-EBIT is 18.00. First Real Estate Investment Trust's value of 14.60 is 18.9% below this benchmark. While the company's 10-year median is 13.42 vs. the industry median of 18.00, First Real Estate Investment Trust 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.00, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Real Estate Investment Trust's current EV-to-EBIT of 14.60 is 18.9% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Real Estate Investment Trust and its competitors. For the REITs industry, the median EV-to-EBIT is 18.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust's current EV-to-EBIT is 14.60, which is near median its own 10-year median of 13.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust (FESNF) is currently considered Fairly Valued. The stock's GF Value™ is $0.19, compared to a current price of $0.19 — trading right at its estimated fair value. The current EV-to-EBIT is 14.60, which is near median its 10-year median of 13.42 and 18.9% below the REITs industry median of 18.00. First Real Estate Investment Trust's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For First Real Estate Investment Trust (FESNF), the current EV-to-EBIT is 14.60 as of Jul. 16, 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.19 is trading 0% below its estimated GF Value™ of $0.19. GuruFocus considers First Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FESNF:

  • EV-to-EBIT: 14.60 (near median its 10-year median of 13.42)
  • GF Value™: $0.19 vs. price of $0.19 (0% below fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 18.9% below the REITs median (#257 of 666)

No single metric tells the full story. See the FESNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges AW9U:SingaporeF1T:Germany
Address 333 Orchard Road, No. 33-02, Singapore, SGP, 238867
First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.
43GF Score

Get the complete analysis for FESNF

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

$0.19
Price
$0.19
GF Value