LKREF (Link Real Estate Investment Trust) Enterprise Value: $18,344 Mil (As of Jun. 25, 2026) ***


LKREF Link Real Estate Investment Trust LKREF
67 GF Score
Price $4.60
GF Value $4.83
Valuation Fairly Valued
! 4 Warning Signs
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What is Link Real Estate Investment Trust Enterprise Value?

Link Real Estate Investment Trust LKREF -1.08% 67 Enterprise Value is $18,344 Mil as of Jun. 25, 2026. GuruFocus rates LKREF with a GF Score™ of 67/100 and a GF Value™ of $4.83 (Fairly Valued). The stock has 4 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, Link Real Estate Investment Trust's Enterprise Value is $18,344 Mil. Link Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-616 Mil. Therefore, Link Real Estate Investment Trust's EV-to-EBIT ratio for today is -29.76.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Link Real Estate Investment Trust's Enterprise Value is $18,344 Mil. Link Real Estate Investment Trust's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-616 Mil. Therefore, Link Real Estate Investment Trust's EV-to-EBITDA ratio for today is -29.76.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Link Real Estate Investment Trust's Enterprise Value is $18,344 Mil. Link Real Estate Investment Trust's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,786 Mil. Therefore, Link Real Estate Investment Trust's EV-to-Revenue ratio for today is 10.27.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Link Real Estate Investment Trust's Enterprise Value is $18,344 Mil. Link Real Estate Investment Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,084 Mil. Therefore, Link Real Estate Investment Trust's EV-to-OCF ratio for today is 16.92.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Link Real Estate Investment Trust's Enterprise Value is $18,344 Mil. Link Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,079 Mil. Therefore, Link Real Estate Investment Trust's EV-to-FCF ratio for today is 17.00.

*** 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.


Link Real Estate Investment Trust  (OTCPK:LKREF) 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.

Link Real Estate Investment Trust's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18343.836/-616.426
=-29.76

Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-616 Mil.

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

Link Real Estate Investment Trust's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=18343.836/-616.426
=-29.76

Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Real Estate Investment Trust's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-616 Mil.

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

Link Real Estate Investment Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=18343.836/1785.657
=10.27

Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Real Estate Investment Trust's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,786 Mil.

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

Link Real Estate Investment Trust's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=18343.836/1083.965
=16.92

Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Real Estate Investment Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,084 Mil.

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

Link Real Estate Investment Trust's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=18343.836/1078.973
=17.00

Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,079 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.


Link Real Estate Investment Trust Enterprise Value Related Terms


Link Real Estate Investment Trust Enterprise Value Historical Data

* Premium members only.

The historical data trend for Link Real Estate Investment Trust'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.

Link Real Estate Investment Trust Enterprise Value Chart

Link Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,673.73 22,366.71 17,427.11 18,030.79 18,800.97

Link Real Estate Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17,427.11 19,423.28 18,030.79 19,772.75 18,800.97

LKREF vs SPG, O, KIM: Enterprise Value Comparison

For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.


Link Real Estate Investment Trust Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Link Real Estate Investment Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Link Real Estate Investment Trust's Enterprise Value falls into.


LKREF
67GF Score
Link Real Estate Investment Trust LKREF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Link Real Estate Investment Trust 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.

Link Real Estate Investment Trust's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Link Real Estate Investment Trust'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 $18,344 Mil mean?
Link Real Estate Investment Trust (LKREF) has a Enterprise Value of $18,344 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 Link Real Estate Investment Trust and its competitors.
Is Link Real Estate Investment Trust's Enterprise Value too high?
Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil. Overall, Link Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's Enterprise Value compare to SPG and O?
Link Real Estate Investment Trust's Enterprise Value of $18,344 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 Link Real Estate Investment Trust and its competitors. Link Real Estate Investment Trust's current Enterprise Value is $18,344 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Link Real Estate Investment Trust (LKREF) is currently considered Fairly Valued. The stock's GF Value™ is $4.83, compared to a current price of $4.60 — trading 4.8% below its estimated fair value. The current Enterprise Value is $18,344 Mil. Link Real Estate Investment Trust's overall GF Score™ is 67/100 with 4 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 Link Real Estate Investment Trust (LKREF), the current Enterprise Value is $18,344 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 Link Real Estate Investment Trust (LKREF) Overvalued in 2026?

Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be undervalued. The current stock price of $4.60 is trading 4.8% below its estimated GF Value™ of $4.83. GuruFocus considers Link Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for LKREF:

  • Enterprise Value: $18,344 Mil
  • GF Value™: $4.83 vs. price of $4.60 (4.8% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Link Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 00823:Hong KongL5R:Germany
Address 77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
67GF Score

Get the complete analysis for LKREF

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

$4.60
Price
$4.83
GF Value