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, Freehold Royalties's Enterprise Value is C$2,938.6 Mil.
Freehold Royalties's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$137.3 Mil. Therefore, Freehold Royalties's EV-to-EBIT ratio for today is 21.40.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Freehold Royalties's Enterprise Value is C$2,938.6 Mil.
Freehold Royalties's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$243.4 Mil. Therefore, Freehold Royalties's EV-to-EBITDA ratio for today is 12.07.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Freehold Royalties's Enterprise Value is C$2,938.6 Mil.
Freehold Royalties's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$300.2 Mil. Therefore, Freehold Royalties's EV-to-Revenue ratio for today is 9.79.
*** 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.
Freehold Royalties (TSX:FRU) 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.
Freehold Royalties's current Enterprise Value is C$2,938.6 Mil.
Freehold Royalties'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 C$137.3 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Freehold Royalties's current Enterprise Value is C$2,938.6 Mil.
Freehold Royalties'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 C$243.4 Mil.
Freehold Royalties's current Enterprise Value is C$2,938.6 Mil.
Freehold Royalties'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 C$300.2 Mil.
Freehold Royalties's current Enterprise Value is C$2,938.6 Mil.
Freehold Royalties'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 C$218.7 Mil.
Freehold Royalties's current Enterprise Value is C$2,938.6 Mil.
Freehold Royalties'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 C$198.7 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.
Freehold Royalties Enterprise Value Related Terms
Freehold Royalties Enterprise Value Historical Data
* Premium members only.
The historical data trend for Freehold Royalties'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.
TSX:FRU vs COP, EOG, FANG: Enterprise Value Comparison
For the Oil & Gas E&P subindustry, Freehold Royalties'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.
Freehold Royalties Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Freehold Royalties's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Freehold Royalties's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Freehold Royalties's Enterprise Value for the fiscal year 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.
What does a Enterprise Value of C$2,938.6 Mil mean?
Freehold Royalties (TSX:FRU) has a Enterprise Value of C$2,938.6 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Freehold Royalties and its competitors.
Is Freehold Royalties' Enterprise Value too high?
Freehold Royalties' current Enterprise Value is C$2,938.6 Mil. Overall, Freehold Royalties has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freehold Royalties' Enterprise Value compare to COP and EOG?
Freehold Royalties' Enterprise Value of C$2,938.6 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 Freehold Royalties and its competitors. Freehold Royalties's current Enterprise Value is C$2,938.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freehold Royalties stock overvalued right now?
Based on GuruFocus' analysis, Freehold Royalties (TSX:FRU) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.77, compared to a current price of C$16.13 — trading 26.3% above its estimated fair value. The current Enterprise Value is C$2,938.6 Mil. Freehold Royalties' overall GF Score™ is 77/100 with 8 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 Freehold Royalties (TSX:FRU), the current Enterprise Value is C$2,938.6 Mil as of Jul. 02, 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 Freehold Royalties (TSX:FRU) Overvalued in 2026?
Based on GuruFocus' analysis, Freehold Royalties stock appears to be overvalued.
The current stock price of C$16.13 is trading 26.3% above its estimated GF Value™ of C$12.77.
GuruFocus considers Freehold Royalties to be Modestly Overvalued.
Key valuation signals for TSX:FRU:
Enterprise Value: C$2,938.6 Mil
GF Value™: C$12.77 vs. price of C$16.13 (26.3% above fair value)
No single metric tells the full story. See the TSX:FRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville, and Bakken basins located in the states of Texas, New Mexico, and North Dakota. The maximum revenue is generated from the Canada Segment.
77GF Score
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