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What is First Real Estate Investment Trust EV-to-EBITDA?
First Real Estate Investment TrustFESNF 43 EV-to-EBITDA is 14.60 as of Jul. 17, 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 683 REITs companies, First Real Estate Investment Trust ranks better than 53.59% 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 $676.22 Mil.
First Real Estate Investment Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $46.31 Mil. Therefore, First Real Estate Investment Trust's EV-to-EBITDA for today is 14.60.
FESNF'
s EV-to-EBITDA 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-EBITDA of First Real Estate Investment Trust was 18.21. The lowest was -2.11. And the median was 13.42.
FESNF's EV-to-EBITDA is ranked better than 53.59% of 683
companies
in the REITs industry
Industry Median: 15.38
vs FESNF: 14.89
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.
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:
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 Dec. 2025 was $0.011.
* 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).
* 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
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.
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 EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $46.31 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 (FESNF) has a EV-to-EBITDA of 14.60 as of Jul. 17, 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 near median its historical median of 13.42. According to the industry distribution chart, First Real Estate Investment Trust ranks #317 out of 683 companies in the REITs industry, placing it in the top 46.4%.
Is First Real Estate Investment Trust's EV-to-EBITDA too high?
First Real Estate Investment Trust's current EV-to-EBITDA of 14.60 is near median its 10-year median of 13.42. The REITs industry median EV-to-EBITDA is 15.38. First Real Estate Investment Trust's value of 14.60 is 5.1% below this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #317 out of 683 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-EBITDA compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #317 out of 683 companies for EV-to-EBITDA. This puts First Real Estate Investment Trust in the upper half of its industry. The industry median EV-to-EBITDA is 15.38. First Real Estate Investment Trust's value of 14.60 is 5.1% below this benchmark. While the company's 10-year median is 13.42 vs. the industry median of 15.38, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.38, based on 683 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 14.60 is 5.1% 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-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 15.38 — 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 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-EBITDA is 14.60, which is near median its 10-year median of 13.42 and 5.1% below the REITs industry median of 15.38. 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-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 14.60 as of Jul. 17, 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-EBITDA: 14.60 (near median its 10-year median of 13.42)
GF Value™: $0.19 vs. price of $0.19 (0% below fair value)
Industry Position: 5.1% below the REITs median (#317 of 683)
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
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
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