Keppel DC REIT (FRA:R09) Enterprise Value: €5,202.1 Mil (As of Jun. 25, 2026) ***


FRA:R09 Keppel DC REIT FRA:R09
63 GF Score
Price €1.50
GF Value €1.63
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Keppel DC REIT Enterprise Value?

Keppel DC REIT FRA:R09 63 Enterprise Value is €5,202.1 Mil as of Jun. 25, 2026. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 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, Keppel DC REIT's Enterprise Value is €5,202.1 Mil. Keppel DC REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €347.7 Mil. Therefore, Keppel DC REIT's EV-to-EBIT ratio for today is 14.96.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Keppel DC REIT's Enterprise Value is €5,202.1 Mil. Keppel DC REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €347.7 Mil. Therefore, Keppel DC REIT's EV-to-EBITDA ratio for today is 14.96.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Keppel DC REIT's Enterprise Value is €5,202.1 Mil. Keppel DC REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €295.1 Mil. Therefore, Keppel DC REIT's EV-to-Revenue ratio for today is 17.63.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Keppel DC REIT's Enterprise Value is €5,202.1 Mil. Keppel DC REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €175.6 Mil. Therefore, Keppel DC REIT's EV-to-OCF ratio for today is 29.63.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Keppel DC REIT's Enterprise Value is €5,202.1 Mil. Keppel DC REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €149.6 Mil. Therefore, Keppel DC REIT's EV-to-FCF ratio for today is 34.78.

*** 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.


Keppel DC REIT  (FRA:R09) 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.

Keppel DC REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5202.123/347.677
=14.96

Keppel DC REIT's current Enterprise Value is €5,202.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €347.7 Mil.

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

Keppel DC REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5202.123/347.677
=14.96

Keppel DC REIT's current Enterprise Value is €5,202.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €347.7 Mil.

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

Keppel DC REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5202.123/295.066
=17.63

Keppel DC REIT's current Enterprise Value is €5,202.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €295.1 Mil.

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

Keppel DC REIT's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5202.123/175.564
=29.63

Keppel DC REIT's current Enterprise Value is €5,202.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €175.6 Mil.

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

Keppel DC REIT's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5202.123/149.551
=34.78

Keppel DC REIT's current Enterprise Value is €5,202.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €149.6 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.


Keppel DC REIT Enterprise Value Related Terms


Keppel DC REIT Enterprise Value Historical Data

* Premium members only.

The historical data trend for Keppel DC 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.

Keppel DC REIT Enterprise Value Chart

Keppel DC REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Keppel DC REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

FRA:R09 vs BXP, ARE, VNO: Enterprise Value Comparison

For the REIT - Office subindustry, Keppel DC 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.


Keppel DC REIT Enterprise Value vs REITs Industry

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

* The bar in red indicates where Keppel DC REIT's Enterprise Value falls into.


FRA:R09
63GF Score
Keppel DC REIT FRA:R09
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keppel DC 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.

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

Keppel DC REIT's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €5,202.1 Mil mean?
Keppel DC REIT (FRA:R09) has a Enterprise Value of €5,202.1 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Keppel DC REIT and its competitors.
Is Keppel DC REIT's Enterprise Value too high?
Keppel DC REIT's current Enterprise Value is €5,202.1 Mil. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's Enterprise Value compare to BXP and ARE?
Keppel DC REIT's Enterprise Value of €5,202.1 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 Keppel DC REIT and its competitors. Keppel DC REIT's current Enterprise Value is €5,202.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current Enterprise Value is €5,202.1 Mil. Keppel DC REIT's overall GF Score™ is 63/100 with 10 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 Keppel DC REIT (FRA:R09), the current Enterprise Value is €5,202.1 Mil as of Jun. 25, 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for FRA:R09:

  • Enterprise Value: €5,202.1 Mil
  • GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
  • GF Score™: 63/100 with 10 warning signs

No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges KPDCF:USAAJBU:Singapore
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score

Get the complete analysis for FRA:R09

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

€1.50
Price
€1.63
GF Value