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, Farmland Partners's Enterprise Value is $649.53 Mil.
Farmland Partners's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $40.41 Mil. Therefore, Farmland Partners's EV-to-EBIT ratio for today is 16.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Farmland Partners's Enterprise Value is $649.53 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 ratio for today is 14.66.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Farmland Partners's Enterprise Value is $649.53 Mil.
Farmland Partners's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $52.03 Mil. Therefore, Farmland Partners's EV-to-Revenue ratio for today is 12.48.
*** 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.
Farmland Partners (NYSE:FPI) 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.
Farmland Partners's current Enterprise Value is $649.53 Mil.
Farmland Partners's EBIT 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 $40.41 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Farmland Partners's current Enterprise Value is $649.53 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.
Farmland Partners's current Enterprise Value is $649.53 Mil.
Farmland Partners's Revenue 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 $52.03 Mil.
Farmland Partners's current Enterprise Value is $649.53 Mil.
Farmland Partners's Cash Flow from Operations 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 $19.30 Mil.
Farmland Partners's current Enterprise Value is $649.53 Mil.
Farmland Partners's Free Cash Flow 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 $19.30 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 Enterprise Value Related Terms
Farmland Partners Enterprise Value Historical Data
* Premium members only.
The historical data trend for Farmland Partners'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.
FPI vs LAND, NLCP, SELF: Enterprise Value Comparison
For the REIT - Specialty subindustry, Farmland Partners'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.
Farmland Partners Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Farmland Partners's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Farmland Partners'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.
Farmland Partners's Enterprise Value for the fiscal year that ended in Dec. 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.
Farmland Partners (FPI) has a Enterprise Value of $649.53 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 Farmland Partners and its competitors.
Is Farmland Partners' Enterprise Value too high?
Farmland Partners' current Enterprise Value is $649.53 Mil. Overall, Farmland Partners has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Enterprise Value compare to LAND and NLCP?
Farmland Partners' Enterprise Value of $649.53 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 Farmland Partners and its competitors. Farmland Partners's current Enterprise Value is $649.53 Mil. 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 Fairly Valued. The stock's GF Value™ is $10.91, compared to a current price of $9.91 — trading 9.2% below its estimated fair value. The current Enterprise Value is $649.53 Mil. Farmland Partners' overall GF Score™ is 71/100 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 Farmland Partners (FPI), the current Enterprise Value is $649.53 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 Farmland Partners (FPI) Overvalued in 2026?
Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued.
The current stock price of $9.91 is trading 9.2% below its estimated GF Value™ of $10.91.
GuruFocus considers Farmland Partners to be Fairly Valued.
Key valuation signals for FPI:
Enterprise Value: $649.53 Mil
GF Value™: $10.91 vs. price of $9.91 (9.2% below fair value)
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.
71GF Score
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