Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Arena REIT's Enterprise Value is A$1,937.3 Mil.
Arena REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$170.6 Mil. Therefore, Arena REIT's EV-to-EBIT ratio for today is 11.36.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Arena REIT's Enterprise Value is A$1,937.3 Mil.
Arena REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$170.6 Mil. Therefore, Arena REIT's EV-to-EBITDA ratio for today is 11.36.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Arena REIT's Enterprise Value is A$1,937.3 Mil.
Arena REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$115.0 Mil. Therefore, Arena REIT's EV-to-Revenue ratio for today is 16.85.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Arena REIT's Enterprise Value is A$1,937.3 Mil.
Arena REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$77.7 Mil. Therefore, Arena REIT's EV-to-FCF ratio for today is 24.93.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Arena REIT (ASX:ARF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Arena REIT's current Enterprise Value is A$1,937.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$170.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Arena REIT's current Enterprise Value is A$1,937.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$170.6 Mil.
Arena REIT's current Enterprise Value is A$1,937.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$115.0 Mil.
Arena REIT's current Enterprise Value is A$1,937.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$77.7 Mil.
Arena REIT's current Enterprise Value is A$1,937.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$77.7 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.
Arena REIT Enterprise Value Related Terms
Arena REIT Enterprise Value Historical Data
* Premium members only.
The historical data trend for Arena REIT's Enterprise Value 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.
ASX:ARF vs EQIX, AMT, DLR: Enterprise Value Comparison
For the REIT - Specialty subindustry, Arena REIT's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Arena REIT Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Arena REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Arena REIT's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Arena REIT's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
What does a Enterprise Value of A$1,937.3 Mil mean?
Arena REIT (ASX:ARF) has a Enterprise Value of A$1,937.3 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Arena REIT and its competitors.
Is Arena REIT's Enterprise Value too high?
Arena REIT's current Enterprise Value is A$1,937.3 Mil. Overall, Arena REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arena REIT's Enterprise Value compare to EQIX and AMT?
Arena REIT's Enterprise Value of A$1,937.3 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Arena REIT and its competitors. Arena REIT's current Enterprise Value is A$1,937.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena REIT stock overvalued right now?
Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Fairly Valued. The stock's GF Value™ is A$3.54, compared to a current price of A$3.26 — trading 7.9% below its estimated fair value. The current Enterprise Value is A$1,937.3 Mil. Arena REIT's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Arena REIT (ASX:ARF), the current Enterprise Value is A$1,937.3 Mil as of Jun. 26, 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 Arena REIT (ASX:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued.
The current stock price of A$3.26 is trading 7.9% below its estimated GF Value™ of A$3.54.
GuruFocus considers Arena REIT to be Fairly Valued.
Key valuation signals for ASX:ARF:
Enterprise Value: A$1,937.3 Mil
GF Value™: A$3.54 vs. price of A$3.26 (7.9% below fair value)
No single metric tells the full story. See the ASX:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.
85GF Score
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