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, IGB Commercial REIT's Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM139.0 Mil. Therefore, IGB Commercial REIT's EV-to-EBIT ratio for today is 16.27.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, IGB Commercial REIT's Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was RM139.0 Mil. Therefore, IGB Commercial REIT's EV-to-EBITDA ratio for today is 16.27.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, IGB Commercial REIT's Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was RM266.4 Mil. Therefore, IGB Commercial REIT's EV-to-Revenue ratio for today is 8.49.
*** 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.
IGB Commercial REIT (XKLS:5299) 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.
IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT'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 RM139.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT'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 RM139.0 Mil.
IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT'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 RM266.4 Mil.
IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT'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 RM154.5 Mil.
IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil.
IGB Commercial REIT'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 RM154.5 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.
IGB Commercial REIT Enterprise Value Related Terms
IGB Commercial REIT Enterprise Value Historical Data
* Premium members only.
The historical data trend for IGB Commercial REIT'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.
XKLS:5299 vs BXP, ARE, VNO: Enterprise Value Comparison
For the REIT - Office subindustry, IGB Commercial REIT'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.
IGB Commercial REIT Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, IGB Commercial REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where IGB Commercial REIT'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.
IGB Commercial REIT'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 RM2,262.1 Mil mean?
IGB Commercial REIT (XKLS:5299) has a Enterprise Value of RM2,262.1 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on IGB Commercial REIT and its competitors.
Is IGB Commercial REIT's Enterprise Value too high?
IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil. Overall, IGB Commercial REIT has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Enterprise Value compare to BXP and ARE?
IGB Commercial REIT's Enterprise Value of RM2,262.1 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 IGB Commercial REIT and its competitors. IGB Commercial REIT's current Enterprise Value is RM2,262.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 4% below its estimated fair value. The current Enterprise Value is RM2,262.1 Mil. IGB Commercial REIT's overall GF Score™ is 35/100 with 7 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 IGB Commercial REIT (XKLS:5299), the current Enterprise Value is RM2,262.1 Mil as of Jul. 03, 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued.
The current stock price of RM0.61 is trading 4% below its estimated GF Value™ of RM0.63.
GuruFocus considers IGB Commercial REIT to be Fairly Valued.
Key valuation signals for XKLS:5299:
Enterprise Value: RM2,262.1 Mil
GF Value™: RM0.63 vs. price of RM0.61 (4% below fair value)
No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
35GF Score
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