VARNF (Varia US Properties) Enterprise Value: $716.42 Mil (As of Jul. 02, 2026) ***


VARNF Varia US Properties Ltd VARNF
41 GF Score
Price $24.25
GF Value $38.38
! 5 Warning Signs
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What is Varia US Properties Enterprise Value?

Varia US Properties VARNF 41 Enterprise Value is $716.42 Mil as of Jul. 02, 2026. GuruFocus rates VARNF with a GF Score™ of 41/100 and a GF Value™ of $38.38. The stock has 5 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, Varia US Properties's Enterprise Value is $716.42 Mil. Varia US Properties's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $0.48 Mil. Therefore, Varia US Properties's EV-to-EBIT ratio for today is 1,505.09.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Varia US Properties's Enterprise Value is $716.42 Mil. Varia US Properties's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $0.48 Mil. Therefore, Varia US Properties's EV-to-EBITDA ratio for today is 1,505.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Varia US Properties's Enterprise Value is $716.42 Mil. Varia US Properties's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $94.95 Mil. Therefore, Varia US Properties's EV-to-Revenue ratio for today is 7.55.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Varia US Properties's Enterprise Value is $716.42 Mil. Varia US Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $28.52 Mil. Therefore, Varia US Properties's EV-to-OCF ratio for today is 25.12.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Varia US Properties's Enterprise Value is $716.42 Mil. Varia US Properties's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $20.81 Mil. Therefore, Varia US Properties's EV-to-FCF ratio for today is 34.43.

*** 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.


Varia US Properties  (OTCPK:VARNF) 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.

Varia US Properties's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=716.423/0.476
=1,505.09

Varia US Properties's current Enterprise Value is $716.42 Mil.
Varia US Properties'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 $0.48 Mil.

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

Varia US Properties's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=716.423/0.476
=1,505.09

Varia US Properties's current Enterprise Value is $716.42 Mil.
Varia US Properties'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 $0.48 Mil.

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

Varia US Properties's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=716.423/94.951
=7.55

Varia US Properties's current Enterprise Value is $716.42 Mil.
Varia US Properties'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 $94.95 Mil.

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

Varia US Properties's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=716.423/28.515
=25.12

Varia US Properties's current Enterprise Value is $716.42 Mil.
Varia US Properties'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 $28.52 Mil.

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

Varia US Properties's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=716.423/20.809
=34.43

Varia US Properties's current Enterprise Value is $716.42 Mil.
Varia US Properties'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 $20.81 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.


Varia US Properties Enterprise Value Related Terms


Varia US Properties Enterprise Value Historical Data

* Premium members only.

The historical data trend for Varia US Properties'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.

Varia US Properties Enterprise Value Chart

Varia US Properties 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 0.00 806.71

Varia US Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 964.49 806.71 789.30

VARNF vs CBRE, BEKE, JLL: Enterprise Value Comparison

For the Real Estate Services subindustry, Varia US Properties'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.


Varia US Properties Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Varia US Properties's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Varia US Properties's Enterprise Value falls into.


VARNF
41GF Score
Varia US Properties Ltd VARNF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Varia US Properties 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.

Varia US Properties's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Varia US Properties'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 $716.42 Mil mean?
Varia US Properties (VARNF) has a Enterprise Value of $716.42 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 Varia US Properties and its competitors.
Is Varia US Properties' Enterprise Value too high?
Varia US Properties' current Enterprise Value is $716.42 Mil. Overall, Varia US Properties has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Varia US Properties' Enterprise Value compare to CBRE and BEKE?
Varia US Properties' Enterprise Value of $716.42 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 Varia US Properties and its competitors. Varia US Properties's current Enterprise Value is $716.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia US Properties stock overvalued right now?
Varia US Properties (VARNF) has a current Enterprise Value of $716.42 Mil. The stock's GF Value™ is $38.38, compared to a current price of $24.25 — trading 36.8% below its estimated fair value. The current Enterprise Value is $716.42 Mil. Varia US Properties' overall GF Score™ is 41/100 with 5 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 Varia US Properties (VARNF), the current Enterprise Value is $716.42 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 Varia US Properties (VARNF) Overvalued in 2026?

Based on GuruFocus' analysis, Varia US Properties stock appears to be undervalued. The current stock price of $24.25 is trading 36.8% below its estimated GF Value™ of $38.38.

Key valuation signals for VARNF:

  • Enterprise Value: $716.42 Mil
  • GF Value™: $38.38 vs. price of $24.25 (36.8% below fair value)
  • GF Score™: 41/100 with 5 warning signs

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


Varia US Properties Business Description

Address Gubelstrasse 19, Zug, CHE, CH-6300
Varia US Properties Ltd is a Swiss-based company exclusively investing in the United States residential real estate market. It focuses on secondary and tertiary areas characterized by population, employment growth, and limited housing offering. It invests in low to moderate-income and workforce multifamily housing properties. The majority of revenue comes from Rental income.
41GF Score

Get the complete analysis for VARNF

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

$24.25
Price
$38.38
GF Value