Retail Estates (LTS:0FSO) Enterprise Value: €1,924.2 Mil (As of Jun. 30, 2026) ***


LTS:0FSO Retail Estates SA LTS:0FSO
70 GF Score
Price €72.10
GF Value €63.96
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Retail Estates Enterprise Value?

Retail Estates LTS:0FSO 70 Enterprise Value is €1,924.2 Mil as of Jun. 30, 2026. GuruFocus rates LTS:0FSO with a GF Score™ of 70/100 and a GF Value™ of €63.96 (Modestly Overvalued). The stock has 9 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, Retail Estates's Enterprise Value is €1,924.2 Mil. Retail Estates's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €156.9 Mil. Therefore, Retail Estates's EV-to-EBIT ratio for today is 12.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Retail Estates's Enterprise Value is €1,924.2 Mil. Retail Estates's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €158.5 Mil. Therefore, Retail Estates's EV-to-EBITDA ratio for today is 12.14.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Retail Estates's Enterprise Value is €1,924.2 Mil. Retail Estates's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €161.6 Mil. Therefore, Retail Estates's EV-to-Revenue ratio for today is 11.91.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Retail Estates's Enterprise Value is €1,924.2 Mil. Retail Estates's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €95.8 Mil. Therefore, Retail Estates's EV-to-OCF ratio for today is 20.08.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Retail Estates's Enterprise Value is €1,924.2 Mil. Retail Estates's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €94.5 Mil. Therefore, Retail Estates's EV-to-FCF ratio for today is 20.37.

*** 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.


Retail Estates  (LTS:0FSO) 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.

Retail Estates's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1924.178/156.863
=12.27

Retail Estates's current Enterprise Value is €1,924.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €156.9 Mil.

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

Retail Estates's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1924.178/158.455
=12.14

Retail Estates's current Enterprise Value is €1,924.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €158.5 Mil.

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

Retail Estates's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1924.178/161.564
=11.91

Retail Estates's current Enterprise Value is €1,924.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €161.6 Mil.

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

Retail Estates's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1924.178/95.828
=20.08

Retail Estates's current Enterprise Value is €1,924.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €95.8 Mil.

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

Retail Estates's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1924.178/94.481
=20.37

Retail Estates's current Enterprise Value is €1,924.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €94.5 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.


Retail Estates Enterprise Value Related Terms


Retail Estates Enterprise Value Historical Data

* Premium members only.

The historical data trend for Retail Estates'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.

Retail Estates Enterprise Value Chart

Retail Estates 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 1,840.97 1,859.99 1,950.29 1,956.88 1,952.70

Retail Estates 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 1,950.29 1,985.56 1,956.88 1,992.54 1,952.70

LTS:0FSO vs SPG, O, KIM: Enterprise Value Comparison

For the REIT - Retail subindustry, Retail Estates'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.


Retail Estates Enterprise Value vs REITs Industry

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

* The bar in red indicates where Retail Estates's Enterprise Value falls into.


LTS:0FSO
70GF Score
Retail Estates SA LTS:0FSO
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Retail Estates 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.

Retail Estates's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Retail Estates'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 €1,924.2 Mil mean?
Retail Estates (LTS:0FSO) has a Enterprise Value of €1,924.2 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Retail Estates and its competitors.
Is Retail Estates' Enterprise Value too high?
Retail Estates' current Enterprise Value is €1,924.2 Mil. Overall, Retail Estates has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Retail Estates' Enterprise Value compare to SPG and O?
Retail Estates' Enterprise Value of €1,924.2 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 Retail Estates and its competitors. Retail Estates's current Enterprise Value is €1,924.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retail Estates stock overvalued right now?
Based on GuruFocus' analysis, Retail Estates (LTS:0FSO) is currently considered Modestly Overvalued. The stock's GF Value™ is €63.96, compared to a current price of €72.10 — trading 12.7% above its estimated fair value. The current Enterprise Value is €1,924.2 Mil. Retail Estates' overall GF Score™ is 70/100 with 9 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 Retail Estates (LTS:0FSO), the current Enterprise Value is €1,924.2 Mil as of Jun. 30, 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 Retail Estates (LTS:0FSO) Overvalued in 2026?

Based on GuruFocus' analysis, Retail Estates stock appears to be overvalued. The current stock price of €72.10 is trading 12.7% above its estimated GF Value™ of €63.96. GuruFocus considers Retail Estates to be Modestly Overvalued.

Key valuation signals for LTS:0FSO:

  • Enterprise Value: €1,924.2 Mil
  • GF Value™: €63.96 vs. price of €72.10 (12.7% above fair value)
  • GF Score™: 70/100 with 9 warning signs

No single metric tells the full story. See the LTS:0FSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Retail Estates Business Description

Industry Real EstateREITs
Other Exchanges R6N:GermanyRET:Belgium
Address Industrielaan 6, Ternat, BEL, 1740
Retail Estates SA is a real estate investment trust that invests mainly in retail properties. It is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. It has distinguished between two geographical segments: Belgium and the Netherlands. The majority of revenue comes from Belgium.
70GF Score

Get the complete analysis for LTS:0FSO

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

€72.10
Price
€63.96
GF Value