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Farmland PartnersFPI -1.34%69 EV-to-EBITDA is 14.30 as of Jul. 23, 2026, which is 48% below its 10-year median of 27.32. GuruFocus rates FPI with a GF Score™ of 69/100 and a GF Value™ of $10.99 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 680 REITs companies, Farmland Partners ranks better than 55.44% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Farmland Partners's enterprise value is $633.86 Mil.
Farmland Partners's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $44.32 Mil. Therefore, Farmland Partners's EV-to-EBITDA for today is 14.30.
The historical rank and industry rank for Farmland Partners's EV-to-EBITDA or its related term are showing as below:
FPI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.95 Med: 27.32 Max: 45.52
Current: 14.3
During the past 13 years, the highest EV-to-EBITDA of Farmland Partners was 45.52. The lowest was 7.95. And the median was 27.32.
FPI's EV-to-EBITDA is ranked better than 55.44% of 680
companies
in the REITs industry
Industry Median: 15.445
vs FPI: 14.30
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.
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.
Farmland Partners's PE Ratio (TTM) for today is calculated as:
Farmland Partners's share price for today is $9.5507.
Farmland Partners's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.580.
* 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).
The historical data trend for Farmland Partners'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.
For the REIT - Specialty subindustry, Farmland Partners'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.
Farmland Partners EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Farmland Partners's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Farmland Partners's EV-to-EBITDA falls into.
Farmland Partners's current Enterprise Value is $633.86 Mil.
Farmland Partners's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $44.32 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.
Farmland Partners (FPI) has a EV-to-EBITDA of 14.30 as of Jul. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Farmland Partners. This is 48% below median its historical median of 27.32. Over the past decade, Farmland Partners' EV-to-EBITDA has ranged from 7.95 to 45.52. According to the industry distribution chart, Farmland Partners ranks #303 out of 680 companies in the REITs industry, placing it in the top 44.6%.
Is Farmland Partners' EV-to-EBITDA too high?
Farmland Partners' current EV-to-EBITDA of 14.30 is 48% below median its 10-year median of 27.32. Over the past 10 years, this metric has ranged from a low of 7.95 to a high of 45.52. The REITs industry median EV-to-EBITDA is 15.45. Farmland Partners' value of 14.30 is 7.4% below this industry median. Based on the distribution chart, Farmland Partners ranks #303 out of 680 companies in the REITs industry, which is above the industry midpoint. Overall, Farmland Partners has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' EV-to-EBITDA compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #303 out of 680 companies for EV-to-EBITDA. This puts Farmland Partners in the upper half of its industry. The industry median EV-to-EBITDA is 15.45. Farmland Partners' value of 14.30 is 7.4% below this benchmark. Historically, Farmland Partners' own EV-to-EBITDA has ranged from 7.95 to 45.52 over the past decade. While the company's 10-year median is 27.32 vs. the industry median of 15.45, Farmland Partners 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 15.45, based on 680 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. Farmland Partners's current EV-to-EBITDA of 14.30 is 7.4% 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 Farmland Partners. For the REITs industry, the median EV-to-EBITDA is 15.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current EV-to-EBITDA is 14.30, which is 48% below median its own 10-year median of 27.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FPI) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.99, compared to a current price of $9.55 — trading 13.1% below its estimated fair value. The current EV-to-EBITDA is 14.30, which is 48% below median its 10-year median of 27.32 and 7.4% below the REITs industry median of 15.45. Farmland Partners' overall GF Score™ is 69/100 with 5 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 Farmland Partners (FPI), the current EV-to-EBITDA is 14.30 as of Jul. 23, 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 Farmland Partners (FPI) Overvalued in 2026?
Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued.
The current stock price of $9.55 is trading 13.1% below its estimated GF Value™ of $10.99.
GuruFocus considers Farmland Partners to be Modestly Undervalued.
Key valuation signals for FPI:
EV-to-EBITDA: 14.30 (48% below median its 10-year median of 27.32)
GF Value™: $10.99 vs. price of $9.55 (13.1% below fair value)
Industry Position: 7.4% below the REITs median (#303 of 680)
No single metric tells the full story. See the FPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
69GF Score
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