Invitation HomesFRA:4IV +0.76%80 EV-to-FCF is 28.74 as of Jul. 02, 2026, which is 36% below its 10-year median of 44.76. GuruFocus rates FRA:4IV with a GF Score™ of 80/100 and a GF Value™ of €32.46 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 738 REITs companies, Invitation Homes ranks worse than 60.7% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Invitation Homes's Enterprise Value is €23,494 Mil.
Invitation Homes's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €817 Mil. Therefore, Invitation Homes's EV-to-FCF for today is 28.74.
The historical rank and industry rank for Invitation Homes's EV-to-FCF or its related term are showing as below:
FRA:4IV'
s EV-to-FCF Range Over the Past 10 Years
Min: 24.12 Med: 44.76 Max: 94.69
Current: 28.17
During the past 12 years, the highest EV-to-FCF of Invitation Homes was 94.69. The lowest was 24.12. And the median was 44.76.
FRA:4IV's EV-to-FCF is ranked worse than 60.7% of 738
companies
in the REITs industry
Industry Median: 22.97
vs FRA:4IV: 28.17
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.
Invitation Homes's PE Ratio (TTM) for today is calculated as:
Invitation Homes's share price for today is €26.60.
Invitation Homes'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 €0.816.
* 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.
Invitation Homes EV-to-FCF Related Terms
Invitation Homes EV-to-FCF Historical Data
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The historical data trend for Invitation Homes'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 - Residential subindustry, Invitation Homes'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.
Invitation Homes EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Invitation Homes's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Invitation Homes's EV-to-FCF falls into.
Invitation Homes's current Enterprise Value is €23,494 Mil.
Invitation Homes'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 €817 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.
Invitation Homes (FRA:4IV) has a EV-to-FCF of 28.74 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Invitation Homes and its competitors. This is 36% below median its historical median of 44.76. Over the past decade, Invitation Homes' EV-to-FCF has ranged from 24.12 to 94.69. According to the industry distribution chart, Invitation Homes ranks #448 out of 738 companies in the REITs industry, placing it in the top 60.7%.
Is Invitation Homes' EV-to-FCF too high?
Invitation Homes' current EV-to-FCF of 28.74 is 36% below median its 10-year median of 44.76. Over the past 10 years, this metric has ranged from a low of 24.12 to a high of 94.69. The REITs industry median EV-to-FCF is 22.97. Invitation Homes' value of 28.74 is 25.1% above this industry median. Based on the distribution chart, Invitation Homes ranks #448 out of 738 companies in the REITs industry, which is below the industry midpoint. Overall, Invitation Homes has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invitation Homes' EV-to-FCF compare to ESS and MAA?
According to the REITs industry distribution chart, Invitation Homes ranks #448 out of 738 companies for EV-to-FCF. This places Invitation Homes in the lower half of its industry. The industry median EV-to-FCF is 22.97. Invitation Homes' value of 28.74 is 25.1% above this benchmark. Historically, Invitation Homes' own EV-to-FCF has ranged from 24.12 to 94.69 over the past decade. While the company's 10-year median is 44.76 vs. the industry median of 22.97, Invitation Homes 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 738 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. Invitation Homes's current EV-to-FCF of 28.74 is 25.1% 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 Invitation Homes 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. Invitation Homes's current EV-to-FCF is 28.74, which is 36% below median its own 10-year median of 44.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invitation Homes stock overvalued right now?
Based on GuruFocus' analysis, Invitation Homes (FRA:4IV) is currently considered Modestly Undervalued. The stock's GF Value™ is €32.46, compared to a current price of €26.60 — trading 18.1% below its estimated fair value. The current EV-to-FCF is 28.74, which is 36% below median its 10-year median of 44.76 and 25.1% above the REITs industry median of 22.97. Invitation Homes' overall GF Score™ is 80/100 with 7 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 Invitation Homes (FRA:4IV), the current EV-to-FCF is 28.74 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 Invitation Homes (FRA:4IV) Overvalued in 2026?
Based on GuruFocus' analysis, Invitation Homes stock appears to be undervalued.
The current stock price of €26.60 is trading 18.1% below its estimated GF Value™ of €32.46.
GuruFocus considers Invitation Homes to be Modestly Undervalued.
Key valuation signals for FRA:4IV:
EV-to-FCF: 28.74 (36% below median its 10-year median of 44.76)
GF Value™: €32.46 vs. price of €26.60 (18.1% below fair value)
Industry Position: 25.1% above the REITs median (#448 of 738)
No single metric tells the full story. See the FRA:4IV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Invitation Homes owns a portfolio of over 86,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price of around $350,000 and generally less than 1,800 square feet. The portfolio is spread across 17 target markets that feature high employment and household formation growth, with over 70% of the portfolio in the Western US and Florida; 15 of the 17 markets feature average rents lower than homeownership costs.
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