FESNF (First Real Estate Investment Trust) EV-to-EBITDA: 18.50 (As of Aug. 03, 2026) — 38% Above Median

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FESNF First Real Estate Investment Trust FESNF
28 GF Score
Price $0.19
GF Value $0.20
! 7 Warning Signs
View Full Analysis

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

First Real Estate Investment Trust FESNF 28 EV-to-EBITDA is 18.50 as of Aug. 03, 2026, which is 38% above its 10-year median of 13.42. GuruFocus rates FESNF with a GF Score™ of 28/100 and a GF Value™ of $0.20. The stock has 7 warning signs investors should review. Among 674 REITs companies, First Real Estate Investment Trust ranks worse than 64.24% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Real Estate Investment Trust's enterprise value is $717.14 Mil. First Real Estate Investment Trust's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $38.77 Mil. Therefore, First Real Estate Investment Trust's EV-to-EBITDA for today is 18.50.

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

FESNF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2.11   Med: 13.42   Max: 18.4
Current: 18.4

During the past 13 years, the highest EV-to-EBITDA of First Real Estate Investment Trust was 18.40. The lowest was -2.11. And the median was 13.42.

FESNF's EV-to-EBITDA is ranked worse than
64.24% of 674 companies
in the REITs industry
Industry Median: 15.55 vs FESNF: 18.40

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 (2026-08-03), First Real Estate Investment Trust's stock price is $0.19. First Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.008. Therefore, First Real Estate Investment Trust's PE Ratio (TTM) for today is 23.75.

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


First Real Estate Investment Trust  (OTCPK:FESNF) 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.

First Real Estate Investment Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.19/0.008
=23.75

First Real Estate Investment Trust's share price for today is $0.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.008.

* 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?


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


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

* Premium members only.

The historical data trend for First Real Estate Investment Trust'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.

First Real Estate Investment Trust EV-to-EBITDA Chart

First Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.01 14.24 9.97 13.84 16.45

First Real Estate Investment Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 13.84 0.00 16.45 0.00

FESNF vs WELL, VTR, OHI: EV-to-EBITDA Comparison

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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.


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

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

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


FESNF
28GF Score
First Real Estate Investment Trust FESNF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Real Estate Investment Trust EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=717.140/38.771
=18.50

First Real Estate Investment Trust's current Enterprise Value is $717.14 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Real Estate Investment Trust's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $38.77 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 18.50 mean?
First Real Estate Investment Trust (FESNF) has a EV-to-EBITDA of 18.50 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Real Estate Investment Trust. This is 38% above median its historical median of 13.42. According to the industry distribution chart, First Real Estate Investment Trust ranks #433 out of 674 companies in the REITs industry, placing it in the top 64.2%.
Is First Real Estate Investment Trust's EV-to-EBITDA too high?
First Real Estate Investment Trust's current EV-to-EBITDA of 18.50 is 38% above median its 10-year median of 13.42. The REITs industry median EV-to-EBITDA is 15.55. First Real Estate Investment Trust's value of 18.50 is 19% above this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #433 out of 674 companies in the REITs industry, which is below the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's EV-to-EBITDA compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #433 out of 674 companies for EV-to-EBITDA. This places First Real Estate Investment Trust in the lower half of its industry. The industry median EV-to-EBITDA is 15.55. First Real Estate Investment Trust's value of 18.50 is 19% above this benchmark. While the company's 10-year median is 13.42 vs. the industry median of 15.55, First Real Estate Investment Trust 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 15.55, based on 674 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. First Real Estate Investment Trust's current EV-to-EBITDA of 18.50 is 19% 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 First Real Estate Investment Trust. For the REITs industry, the median EV-to-EBITDA is 15.55 — 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-EBITDA is 18.50, which is 38% above 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?
First Real Estate Investment Trust (FESNF) has a current EV-to-EBITDA of 18.50. The stock's GF Value™ is $0.20, compared to a current price of $0.19 — trading 5% below its estimated fair value. The current EV-to-EBITDA is 18.50, which is 38% above median its 10-year median of 13.42 and 19% above the REITs industry median of 15.55. First Real Estate Investment Trust's overall GF Score™ is 28/100 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 First Real Estate Investment Trust (FESNF), the current EV-to-EBITDA is 18.50 as of Aug. 03, 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 5% below its estimated GF Value™ of $0.20.

Key valuation signals for FESNF:

  • EV-to-EBITDA: 18.50 (38% above median its 10-year median of 13.42)
  • GF Value™: $0.20 vs. price of $0.19 (5% below fair value)
  • GF Score™: 28/100 with 7 warning signs
  • Industry Position: 19% above the REITs median (#433 of 674)

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.
28GF Score

Get the complete analysis for FESNF

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

$0.19
Price
$0.20
GF Value