Marwest Apartment REIT (FRA:L2B) Enterprise Value: €63.78 Mil (As of Aug. 03, 2026) ***

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FRA:L2B Marwest Apartment REIT FRA:L2B
39 GF Score
Price €0.44
GF Value €0.44
! 6 Warning Signs
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What is Marwest Apartment REIT Enterprise Value?

Marwest Apartment REIT FRA:L2B -0.50% 39 Enterprise Value is €63.78 Mil as of Aug. 03, 2026. GuruFocus rates FRA:L2B with a GF Score™ of 39/100 and a GF Value™ of €0.44. The stock has 6 warning signs investors should review.

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, Marwest Apartment REIT's Enterprise Value is €63.78 Mil. Marwest Apartment REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €2.98 Mil. Therefore, Marwest Apartment REIT's EV-to-EBIT ratio for today is 21.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Marwest Apartment REIT's Enterprise Value is €63.78 Mil. Marwest Apartment REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €2.98 Mil. Therefore, Marwest Apartment REIT's EV-to-EBITDA ratio for today is 21.39.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Marwest Apartment REIT's Enterprise Value is €63.78 Mil. Marwest Apartment REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €6.65 Mil. Therefore, Marwest Apartment REIT's EV-to-Revenue ratio for today is 9.59.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Marwest Apartment REIT's Enterprise Value is €63.78 Mil. Marwest Apartment REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €1.41 Mil. Therefore, Marwest Apartment REIT's EV-to-OCF ratio for today is 45.17.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Marwest Apartment REIT's Enterprise Value is €63.78 Mil. Marwest Apartment REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1.29 Mil. Therefore, Marwest Apartment REIT's EV-to-FCF ratio for today is 49.55.

*** 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.


Marwest Apartment REIT  (FRA:L2B) 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.

Marwest Apartment REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=63.775/2.982
=21.39

Marwest Apartment REIT's current Enterprise Value is €63.78 Mil.
Marwest Apartment REIT'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 €2.98 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Marwest Apartment REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=63.775/2.982
=21.39

Marwest Apartment REIT's current Enterprise Value is €63.78 Mil.
Marwest Apartment REIT'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 €2.98 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Marwest Apartment REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=63.775/6.649
=9.59

Marwest Apartment REIT's current Enterprise Value is €63.78 Mil.
Marwest Apartment REIT'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 €6.65 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Marwest Apartment REIT's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=63.775/1.412
=45.17

Marwest Apartment REIT's current Enterprise Value is €63.78 Mil.
Marwest Apartment REIT'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 €1.41 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Marwest Apartment REIT's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=63.775/1.287
=49.55

Marwest Apartment REIT's current Enterprise Value is €63.78 Mil.
Marwest Apartment REIT'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 €1.29 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.


Marwest Apartment REIT Enterprise Value Related Terms


Marwest Apartment REIT Enterprise Value Historical Data

* Premium members only.

The historical data trend for Marwest Apartment 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.

Marwest Apartment REIT Enterprise Value Chart

Marwest Apartment REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 75.81 72.37 68.94 63.60

Marwest Apartment REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 66.51 65.70 63.64 63.60 64.50

FRA:L2B vs AVB, EQR, ESS: Enterprise Value Comparison

For the REIT - Residential subindustry, Marwest Apartment 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.


Marwest Apartment REIT Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Marwest Apartment REIT's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Marwest Apartment REIT's Enterprise Value falls into.


FRA:L2B
39GF Score
Marwest Apartment REIT FRA:L2B
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marwest Apartment REIT Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Marwest Apartment REIT's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Marwest Apartment REIT's Enterprise Value for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €63.78 Mil mean?
Marwest Apartment REIT (FRA:L2B) has a Enterprise Value of €63.78 Mil as of Aug. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Marwest Apartment REIT and its competitors.
Is Marwest Apartment REIT's Enterprise Value too high?
Marwest Apartment REIT's current Enterprise Value is €63.78 Mil. Overall, Marwest Apartment REIT has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Marwest Apartment REIT's Enterprise Value compare to AVB and EQR?
Marwest Apartment REIT's Enterprise Value of €63.78 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 Marwest Apartment REIT and its competitors. Marwest Apartment REIT's current Enterprise Value is €63.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marwest Apartment REIT stock overvalued right now?
Marwest Apartment REIT (FRA:L2B) has a current Enterprise Value of €63.78 Mil. The stock's GF Value™ is €0.44, compared to a current price of €0.44 — trading 0.8% below its estimated fair value. The current Enterprise Value is €63.78 Mil. Marwest Apartment REIT's overall GF Score™ is 39/100 with 6 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 Marwest Apartment REIT (FRA:L2B), the current Enterprise Value is €63.78 Mil as of Aug. 03, 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 Marwest Apartment REIT (FRA:L2B) Overvalued in 2026?

Based on GuruFocus' analysis, Marwest Apartment REIT stock appears to be undervalued. The current stock price of €0.44 is trading 0.8% below its estimated GF Value™ of €0.44.

Key valuation signals for FRA:L2B:

  • Enterprise Value: €63.78 Mil
  • GF Value™: €0.44 vs. price of €0.44 (0.8% below fair value)
  • GF Score™: 39/100 with 6 warning signs

No single metric tells the full story. See the FRA:L2B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marwest Apartment REIT Business Description

Industry Real EstateREITs
Other Exchanges MAR.UN:Canada
Address 220 Portage Avenue, Suite 500, Winnipeg, MB, CAN, R3C 0A5
Marwest Apartment REIT is an open-ended real estate investment trust focused on acquiring and owning multi-family residential properties, in Western Canada. As a specialized REIT, it operates within this specific region and asset class to generate income through property rentals, offering investors exposure to the multi-family sector. Company's portfolio is comprised of four properties located in Winnipeg, Manitoba, being the Brio Property, the Kenwood Property, the Element Property, and the Prairie ViewPointe Property.
39GF Score

Get the complete analysis for FRA:L2B

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

€0.44
Price
€0.44
GF Value