Broadstone Net LeaseBNL -0.75%78 EV-to-FCF is 23.63 as of Jul. 06, 2026, which is 2% above its 10-year median of 23.21. GuruFocus rates BNL with a GF Score™ of 78/100 and a GF Value™ of $17.67 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 741 REITs companies, Broadstone Net Lease ranks worse than 52.09% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Broadstone Net Lease's Enterprise Value is $6,792.7 Mil.
Broadstone Net Lease's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $287.4 Mil. Therefore, Broadstone Net Lease's EV-to-FCF for today is 23.63.
The historical rank and industry rank for Broadstone Net Lease's EV-to-FCF or its related term are showing as below:
BNL'
s EV-to-FCF Range Over the Past 10 Years
Min: 19.33 Med: 23.21 Max: 31.5
Current: 23.63
During the past 11 years, the highest EV-to-FCF of Broadstone Net Lease was 31.50. The lowest was 19.33. And the median was 23.21.
BNL's EV-to-FCF is ranked worse than 52.09% of 741
companies
in the REITs industry
Industry Median: 22.97
vs BNL: 23.63
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.
Broadstone Net Lease (NYSE:BNL) 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.
Broadstone Net Lease's PE Ratio (TTM) for today is calculated as:
Broadstone Net Lease's share price for today is $21.09.
Broadstone Net Lease'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 $0.650.
* 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.
Broadstone Net Lease EV-to-FCF Related Terms
Broadstone Net Lease EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Broadstone Net Lease'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 - Diversified subindustry, Broadstone Net Lease'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.
Broadstone Net Lease EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Broadstone Net Lease's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Broadstone Net Lease's EV-to-FCF falls into.
Broadstone Net Lease's current Enterprise Value is $6,792.7 Mil.
Broadstone Net Lease'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 $287.4 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.
Broadstone Net Lease (BNL) has a EV-to-FCF of 23.63 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Broadstone Net Lease and its competitors. This is near median its historical median of 23.21. Over the past decade, Broadstone Net Lease's EV-to-FCF has ranged from 19.33 to 31.50. According to the industry distribution chart, Broadstone Net Lease ranks #386 out of 741 companies in the REITs industry, placing it in the top 52.1%.
Is Broadstone Net Lease's EV-to-FCF too high?
Broadstone Net Lease's current EV-to-FCF of 23.63 is near median its 10-year median of 23.21. Over the past 10 years, this metric has ranged from a low of 19.33 to a high of 31.50. The REITs industry median EV-to-FCF is 22.97. Broadstone Net Lease's value of 23.63 is 2.9% above this industry median. Based on the distribution chart, Broadstone Net Lease ranks #386 out of 741 companies in the REITs industry, which is below the industry midpoint. Overall, Broadstone Net Lease has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadstone Net Lease's EV-to-FCF compare to GNL and AAT?
According to the REITs industry distribution chart, Broadstone Net Lease ranks #386 out of 741 companies for EV-to-FCF. This places Broadstone Net Lease in the lower half of its industry. The industry median EV-to-FCF is 22.97. Broadstone Net Lease's value of 23.63 is 2.9% above this benchmark. Historically, Broadstone Net Lease's own EV-to-FCF has ranged from 19.33 to 31.50 over the past decade. While the company's 10-year median is 23.21 vs. the industry median of 22.97, Broadstone Net Lease 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 22.97, 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. Broadstone Net Lease's current EV-to-FCF of 23.63 is 2.9% 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 Broadstone Net Lease and its competitors. For the REITs industry, the median EV-to-FCF is 22.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadstone Net Lease's current EV-to-FCF is 23.63, which is near median its own 10-year median of 23.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadstone Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Broadstone Net Lease (BNL) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.67, compared to a current price of $21.09 — trading 19.4% above its estimated fair value. The current EV-to-FCF is 23.63, which is near median its 10-year median of 23.21 and 2.9% above the REITs industry median of 22.97. Broadstone Net Lease's overall GF Score™ is 78/100 with 9 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 Broadstone Net Lease (BNL), the current EV-to-FCF is 23.63 as of Jul. 06, 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 Broadstone Net Lease (BNL) Overvalued in 2026?
Based on GuruFocus' analysis, Broadstone Net Lease stock appears to be overvalued.
The current stock price of $21.09 is trading 19.4% above its estimated GF Value™ of $17.67.
GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.
Key valuation signals for BNL:
EV-to-FCF: 23.63 (near median its 10-year median of 23.21)
GF Value™: $17.67 vs. price of $21.09 (19.4% above fair value)
Industry Position: 2.9% above the REITs median (#386 of 741)
No single metric tells the full story. See the BNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
78GF Score
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