FSP (Franklin Street Properties) EV-to-EBITDA: 7.28 (As of Jul. 15, 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSP Franklin Street Properties Corp FSP
44 GF Score
Price $0.49
GF Value $1.48
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Franklin Street Properties EV-to-EBITDA?

Franklin Street Properties FSP +1.56% 44 EV-to-EBITDA is 7.28 as of Jul. 15, 2026, which is 44% below its 10-year median of 12.93. GuruFocus rates FSP with a GF Score™ of 44/100 and a GF Value™ of $1.48 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 683 REITs companies, Franklin Street Properties ranks better than 87.26% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Franklin Street Properties's enterprise value is $279.5 Mil. Franklin Street Properties's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $38.4 Mil. Therefore, Franklin Street Properties's EV-to-EBITDA for today is 7.28.

The historical rank and industry rank for Franklin Street Properties's EV-to-EBITDA or its related term are showing as below:

FSP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.89   Med: 12.93   Max: 69.97
Current: 7.28

During the past 13 years, the highest EV-to-EBITDA of Franklin Street Properties was 69.97. The lowest was 3.89. And the median was 12.93.

FSP's EV-to-EBITDA is ranked better than
87.26% of 683 companies
in the REITs industry
Industry Median: 15.35 vs FSP: 7.28

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 (2026-07-15), Franklin Street Properties's stock price is $0.4892. Franklin Street Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.320. Therefore, Franklin Street Properties's PE Ratio (TTM) for today is At Loss.

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


Franklin Street Properties  (AMEX:FSP) 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.

Franklin Street Properties's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.4892/-0.320
=At Loss

Franklin Street Properties's share price for today is $0.4892.
Franklin Street Properties'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 $-0.320.

* 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?


Franklin Street Properties EV-to-EBITDA Related Terms


Franklin Street Properties EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Franklin Street Properties'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.

Franklin Street Properties EV-to-EBITDA Chart

Franklin Street Properties 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 5.14 7.71 16.15 18.30 12.50

Franklin Street Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 69.26 22.54 16.06 12.50 7.75

FSP vs CMCT, ONL, NLOP: EV-to-EBITDA Comparison

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties EV-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Franklin Street Properties's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Franklin Street Properties's EV-to-EBITDA falls into.


FSP
44GF Score
Franklin Street Properties Corp FSP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Street Properties EV-to-EBITDA Calculation

Franklin Street Properties's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=279.501/38.399
=7.28

Franklin Street Properties's current Enterprise Value is $279.5 Mil.
Franklin Street Properties'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 $38.4 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 7.28 mean?
Franklin Street Properties (FSP) has a EV-to-EBITDA of 7.28 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Franklin Street Properties. This is 44% below median its historical median of 12.93. Over the past decade, Franklin Street Properties' EV-to-EBITDA has ranged from 3.89 to 69.97. According to the industry distribution chart, Franklin Street Properties ranks #87 out of 683 companies in the REITs industry, placing it in the top 12.7%.
Is Franklin Street Properties' EV-to-EBITDA too high?
Franklin Street Properties' current EV-to-EBITDA of 7.28 is 44% below median its 10-year median of 12.93. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 69.97. The REITs industry median EV-to-EBITDA is 15.35. Franklin Street Properties' value of 7.28 is 52.6% below this industry median. Based on the distribution chart, Franklin Street Properties ranks #87 out of 683 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Franklin Street Properties has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Street Properties' EV-to-EBITDA compare to CMCT and ONL?
According to the REITs industry distribution chart, Franklin Street Properties ranks #87 out of 683 companies for EV-to-EBITDA. This places Franklin Street Properties in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 15.35. Franklin Street Properties' value of 7.28 is 52.6% below this benchmark. Historically, Franklin Street Properties' own EV-to-EBITDA has ranged from 3.89 to 69.97 over the past decade. While the company's 10-year median is 12.93 vs. the industry median of 15.35, Franklin Street Properties 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 15.35, 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. Franklin Street Properties's current EV-to-EBITDA of 7.28 is 52.6% 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 Franklin Street Properties. For the REITs industry, the median EV-to-EBITDA is 15.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Street Properties's current EV-to-EBITDA is 7.28, which is 44% below median its own 10-year median of 12.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Street Properties stock overvalued right now?
Based on GuruFocus' analysis, Franklin Street Properties (FSP) is currently considered Possible Value Trap. The stock's GF Value™ is $1.48, compared to a current price of $0.49 — trading 66.9% below its estimated fair value. The current EV-to-EBITDA is 7.28, which is 44% below median its 10-year median of 12.93 and 52.6% below the REITs industry median of 15.35. Franklin Street Properties' overall GF Score™ is 44/100 with 4 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 Franklin Street Properties (FSP), the current EV-to-EBITDA is 7.28 as of Jul. 15, 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 Franklin Street Properties (FSP) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Street Properties stock appears to be undervalued. The current stock price of $0.49 is trading 66.9% below its estimated GF Value™ of $1.48. GuruFocus considers Franklin Street Properties to be Possible Value Trap.

Key valuation signals for FSP:

  • EV-to-EBITDA: 7.28 (44% below median its 10-year median of 12.93)
  • GF Value™: $1.48 vs. price of $0.49 (66.9% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 52.6% below the REITs median (#87 of 683)

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


Franklin Street Properties Business Description

Industry Real EstateREITs
Other Exchanges WVH:Germany
Address 401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for its real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development. The company provides asset management, property management, property accounting, investor and/or development services to its portfolio and Sponsored REIT through the company's subsidiaries.
44GF Score

Get the complete analysis for FSP

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

$0.49
Price
$1.48
GF Value