Arena REITASX:ARF -2.15%85 EV-to-FCF is 24.56 as of Jun. 29, 2026, which is 13% below its 10-year median of 28.23. GuruFocus rates ASX:ARF with a GF Score™ of 85/100 and a GF Value™ of A$3.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 741 REITs companies, Arena REIT ranks worse than 54.79% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Arena REIT's Enterprise Value is A$1,908.9 Mil.
Arena REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$77.7 Mil. Therefore, Arena REIT's EV-to-FCF for today is 24.56.
The historical rank and industry rank for Arena REIT's EV-to-FCF or its related term are showing as below:
ASX:ARF'
s EV-to-FCF Range Over the Past 10 Years
Min: 15.9 Med: 28.23 Max: 40.44
Current: 24.93
During the past 13 years, the highest EV-to-FCF of Arena REIT was 40.44. The lowest was 15.90. And the median was 28.23.
ASX:ARF's EV-to-FCF is ranked worse than 54.79% of 741
companies
in the REITs industry
Industry Median: 22.98
vs ASX:ARF: 24.93
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.
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.
Arena REIT's share price for today is A$3.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.385.
* 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.
Arena REIT EV-to-FCF Related Terms
Arena REIT EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Arena REIT's EV-to-FCF 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.
For the REIT - Specialty subindustry, Arena REIT'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.
Arena REIT EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Arena REIT's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Arena REIT's EV-to-FCF falls into.
Arena REIT's current Enterprise Value is A$1,908.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Arena REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$77.7 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.
Arena REIT (ASX:ARF) has a EV-to-FCF of 24.56 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Arena REIT and its competitors. This is 13% below median its historical median of 28.23. Over the past decade, Arena REIT's EV-to-FCF has ranged from 15.90 to 40.44. According to the industry distribution chart, Arena REIT ranks #406 out of 741 companies in the REITs industry, placing it in the top 54.8%.
Is Arena REIT's EV-to-FCF too high?
Arena REIT's current EV-to-FCF of 24.56 is 13% below median its 10-year median of 28.23. Over the past 10 years, this metric has ranged from a low of 15.90 to a high of 40.44. The REITs industry median EV-to-FCF is 22.98. Arena REIT's value of 24.56 is 6.9% above this industry median. Based on the distribution chart, Arena REIT ranks #406 out of 741 companies in the REITs industry, which is below the industry midpoint. Overall, Arena REIT has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arena REIT's EV-to-FCF compare to EQIX and AMT?
According to the REITs industry distribution chart, Arena REIT ranks #406 out of 741 companies for EV-to-FCF. This places Arena REIT in the lower half of its industry. The industry median EV-to-FCF is 22.98. Arena REIT's value of 24.56 is 6.9% above this benchmark. Historically, Arena REIT's own EV-to-FCF has ranged from 15.90 to 40.44 over the past decade. While the company's 10-year median is 28.23 vs. the industry median of 22.98, Arena REIT 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 22.98, based on 741 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. Arena REIT's current EV-to-FCF of 24.56 is 6.9% 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 Arena REIT and its competitors. For the REITs industry, the median EV-to-FCF is 22.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arena REIT's current EV-to-FCF is 24.56, which is 13% below median its own 10-year median of 28.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena REIT stock overvalued right now?
Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.54, compared to a current price of A$3.19 — trading 9.9% below its estimated fair value. The current EV-to-FCF is 24.56, which is 13% below median its 10-year median of 28.23 and 6.9% above the REITs industry median of 22.98. Arena REIT's overall GF Score™ is 85/100 with 5 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 Arena REIT (ASX:ARF), the current EV-to-FCF is 24.56 as of Jun. 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 Arena REIT (ASX:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued.
The current stock price of A$3.19 is trading 9.9% below its estimated GF Value™ of A$3.54.
GuruFocus considers Arena REIT to be Modestly Undervalued.
Key valuation signals for ASX:ARF:
EV-to-FCF: 24.56 (13% below median its 10-year median of 28.23)
GF Value™: A$3.54 vs. price of A$3.19 (9.9% below fair value)
Industry Position: 6.9% above the REITs median (#406 of 741)
No single metric tells the full story. See the ASX:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.
85GF Score
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