MDV (Modiv Industrial) Enterprise Value: $476.46 Mil (As of Aug. 29, 2026) ***

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MDV Modiv Industrial Inc MDV
49 GF Score
Price $18.05
GF Value $13.09
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Modiv Industrial Enterprise Value?

Modiv Industrial MDV 49 Enterprise Value is $476.46 Mil as of Aug. 29, 2026. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 12 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, Modiv Industrial's Enterprise Value is $476.46 Mil. Modiv Industrial's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $24.18 Mil. Therefore, Modiv Industrial's EV-to-EBIT ratio for today is 19.70.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Modiv Industrial's Enterprise Value is $476.46 Mil. Modiv Industrial's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $38.99 Mil. Therefore, Modiv Industrial's EV-to-EBITDA ratio for today is 12.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Modiv Industrial's Enterprise Value is $476.46 Mil. Modiv Industrial's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $46.16 Mil. Therefore, Modiv Industrial's EV-to-Revenue ratio for today is 10.32.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Modiv Industrial's Enterprise Value is $476.46 Mil. Modiv Industrial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $15.56 Mil. Therefore, Modiv Industrial's EV-to-OCF ratio for today is 30.62.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Modiv Industrial's Enterprise Value is $476.46 Mil. Modiv Industrial's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $15.56 Mil. Therefore, Modiv Industrial's EV-to-FCF ratio for today is 30.62.

*** 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.


Modiv Industrial  (NYSE:MDV) 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.

Modiv Industrial's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=476.456/24.183
=19.70

Modiv Industrial's current Enterprise Value is $476.46 Mil.
Modiv Industrial's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.18 Mil.

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

Modiv Industrial's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=476.456/38.988
=12.22

Modiv Industrial's current Enterprise Value is $476.46 Mil.
Modiv Industrial's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.99 Mil.

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

Modiv Industrial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=476.456/46.158
=10.32

Modiv Industrial's current Enterprise Value is $476.46 Mil.
Modiv Industrial's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $46.16 Mil.

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

Modiv Industrial's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=476.456/15.561
=30.62

Modiv Industrial's current Enterprise Value is $476.46 Mil.
Modiv Industrial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.56 Mil.

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

Modiv Industrial's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=476.456/15.561
=30.62

Modiv Industrial's current Enterprise Value is $476.46 Mil.
Modiv Industrial's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.56 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.


Modiv Industrial Enterprise Value Related Terms


Modiv Industrial Enterprise Value Historical Data

* Premium members only.

The historical data trend for Modiv Industrial'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.

Modiv Industrial Enterprise Value Chart

Modiv Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 351.32 463.04 440.01 434.60

Modiv Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 457.42 461.73 434.60 455.19 470.22

MDV vs ILPT, PLD, PSA: Enterprise Value Comparison

For the REIT - Industrial subindustry, Modiv Industrial'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.


Modiv Industrial Enterprise Value vs REITs Industry

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

* The bar in red indicates where Modiv Industrial's Enterprise Value falls into.


MDV
49GF Score
Modiv Industrial Inc MDV
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modiv Industrial 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.

Modiv Industrial's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Modiv Industrial's Enterprise Value for the quarter that ended in Jun. 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 $476.46 Mil mean?
Modiv Industrial (MDV) has a Enterprise Value of $476.46 Mil as of Aug. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Modiv Industrial and its competitors.
Is Modiv Industrial's Enterprise Value too high?
Modiv Industrial's current Enterprise Value is $476.46 Mil. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's Enterprise Value compare to ILPT and PLD?
Modiv Industrial's Enterprise Value of $476.46 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 Modiv Industrial and its competitors. Modiv Industrial's current Enterprise Value is $476.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $18.05 — trading 37.9% above its estimated fair value. The current Enterprise Value is $476.46 Mil. Modiv Industrial's overall GF Score™ is 49/100 with 12 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 Modiv Industrial (MDV), the current Enterprise Value is $476.46 Mil as of Aug. 29, 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 Modiv Industrial (MDV) Overvalued in 2026?

Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued. The current stock price of $18.05 is trading 37.9% above its estimated GF Value™ of $13.09. GuruFocus considers Modiv Industrial to be Significantly Overvalued.

Key valuation signals for MDV:

  • Enterprise Value: $476.46 Mil
  • GF Value™: $13.09 vs. price of $18.05 (37.9% above fair value)
  • GF Score™: 49/100 with 12 warning signs

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


Modiv Industrial Business Description

Industry Real EstateREITs
Address 1500 North Grant Street, Suite No. 5609, Denver, CO, USA, 80203
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
49GF Score

Get the complete analysis for MDV

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

$18.05
Price
$13.09
GF Value