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ARI'
s EV-to-FCF Range Over the Past 10 Years
Min: 11.68 Med: 33.97 Max: 347.58
Current: 322.77
During the past 13 years, the highest EV-to-FCF of Apollo Commercial Real Estate Finance was 347.58. The lowest was 11.68. And the median was 33.97.
ARI's EV-to-FCF is ranked worse than 97.69% of 736
companies
in the REITs industry
Industry Median: 23.45
vs ARI: 322.77
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Apollo Commercial Real Estate Finance (NYSE:ARI) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Apollo Commercial Real Estate Finance's PE Ratio (TTM) for today is calculated as:
Apollo Commercial Real Estate Finance's share price for today is $6.68.
Apollo Commercial Real Estate Finance's Earnings per Share (Diluted) 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 $0.810.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Apollo Commercial Real Estate Finance EV-to-FCF Related Terms
Apollo Commercial Real Estate Finance EV-to-FCF Historical Data
* 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.
Apollo Commercial Real Estate Finance EV-to-FCF Chart
For the REIT - Mortgage subindustry, Apollo Commercial Real Estate Finance's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Apollo Commercial Real Estate Finance EV-to-FCF vs REITs Industry
Apollo Commercial Real Estate Finance's current Enterprise Value is $8,905.6 Mil.
Apollo Commercial Real Estate Finance'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 $27.6 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.
Apollo Commercial Real Estate Finance (ARI) has a EV-to-FCF of 322.77 as of Jul. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Apollo Commercial Real Estate Finance and its competitors. This is 850% above median its historical median of 33.97. Over the past decade, Apollo Commercial Real Estate Finance's EV-to-FCF has ranged from 11.68 to 347.58. According to the industry distribution chart, Apollo Commercial Real Estate Finance ranks #719 out of 736 companies in the REITs industry, placing it in the top 97.7%.
Is Apollo Commercial Real Estate Finance's EV-to-FCF too high?
Apollo Commercial Real Estate Finance's current EV-to-FCF of 322.77 is 850% above median its 10-year median of 33.97. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 347.58. The REITs industry median EV-to-FCF is 23.45. Apollo Commercial Real Estate Finance's value of 322.77 is 1276.4% above this industry median. Based on the distribution chart, Apollo Commercial Real Estate Finance ranks #719 out of 736 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Apollo Commercial Real Estate Finance has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Commercial Real Estate Finance's EV-to-FCF compare to ORC and LADR?
According to the REITs industry distribution chart, Apollo Commercial Real Estate Finance ranks #719 out of 736 companies for EV-to-FCF. This places Apollo Commercial Real Estate Finance in the lower half of its industry. The industry median EV-to-FCF is 23.45. Apollo Commercial Real Estate Finance's value of 322.77 is 1276.4% above this benchmark. Historically, Apollo Commercial Real Estate Finance's own EV-to-FCF has ranged from 11.68 to 347.58 over the past decade. While the company's 10-year median is 33.97 vs. the industry median of 23.45, Apollo Commercial Real Estate Finance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 23.45, based on 736 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Commercial Real Estate Finance's current EV-to-FCF of 322.77 is 1276.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Apollo Commercial Real Estate Finance and its competitors. For the REITs industry, the median EV-to-FCF is 23.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Commercial Real Estate Finance's current EV-to-FCF is 322.77, which is 850% above median its own 10-year median of 33.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Commercial Real Estate Finance stock overvalued right now?
Based on GuruFocus' analysis, Apollo Commercial Real Estate Finance (ARI) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.99, compared to a current price of $6.68 — trading 25.7% below its estimated fair value. The current EV-to-FCF is 322.77, which is 850% above median its 10-year median of 33.97 and 1276.4% above the REITs industry median of 23.45. Apollo Commercial Real Estate Finance's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Apollo Commercial Real Estate Finance (ARI), the current EV-to-FCF is 322.77 as of Jul. 23, 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 Apollo Commercial Real Estate Finance (ARI) Overvalued in 2026?
Based on GuruFocus' analysis, Apollo Commercial Real Estate Finance stock appears to be undervalued.
The current stock price of $6.68 is trading 25.7% below its estimated GF Value™ of $8.99.
GuruFocus considers Apollo Commercial Real Estate Finance to be Modestly Undervalued.
Key valuation signals for ARI:
EV-to-FCF: 322.77 (850% above median its 10-year median of 33.97)
GF Value™: $8.99 vs. price of $6.68 (25.7% below fair value)
Industry Position: 1276.4% above the REITs median (#719 of 736)
No single metric tells the full story. See the ARI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apollo Commercial Real Estate Finance Business Description
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.
57GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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