EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Property For Industry's Enterprise Value is €982.19 Mil.
Property For Industry's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €31.30 Mil. Therefore, Property For Industry's EV-to-FCF for today is 31.38.
The historical rank and industry rank for Property For Industry's EV-to-FCF or its related term are showing as below:
FRA:PWJ'
s EV-to-FCF Range Over the Past 10 Years
Min: 24 Med: 34.41 Max: 606.28
Current: 32.28
During the past 13 years, the highest EV-to-FCF of Property For Industry was 606.28. The lowest was 24.00. And the median was 34.41.
FRA:PWJ's EV-to-FCF is ranked worse than 67.21% of 738
companies
in the REITs industry
Industry Median: 22.97
vs FRA:PWJ: 32.28
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.
Property For Industry (FRA:PWJ) 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.
Property For Industry's PE Ratio (TTM) for today is calculated as:
Property For Industry's share price for today is €1.142.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Property For Industry's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.126.
* 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.
* 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 - Industrial subindustry, Property For Industry'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.
Property For Industry EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Property For Industry's EV-to-FCF falls into.
Property For Industry's current Enterprise Value is €982.19 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Property For Industry's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €31.30 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.
Property For Industry (FRA:PWJ) has a EV-to-FCF of 31.38 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Property For Industry and its competitors. This is near median its historical median of 34.41. Over the past decade, Property For Industry's EV-to-FCF has ranged from 24.00 to 606.28. According to the industry distribution chart, Property For Industry ranks #496 out of 738 companies in the REITs industry, placing it in the top 67.2%.
Is Property For Industry's EV-to-FCF too high?
Property For Industry's current EV-to-FCF of 31.38 is near median its 10-year median of 34.41. Over the past 10 years, this metric has ranged from a low of 24.00 to a high of 606.28. The REITs industry median EV-to-FCF is 22.97. Property For Industry's value of 31.38 is 36.6% above this industry median. Based on the distribution chart, Property For Industry ranks #496 out of 738 companies in the REITs industry, which is below the industry midpoint. Overall, Property For Industry has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's EV-to-FCF compare to PLD and PSA?
According to the REITs industry distribution chart, Property For Industry ranks #496 out of 738 companies for EV-to-FCF. This places Property For Industry in the lower half of its industry. The industry median EV-to-FCF is 22.97. Property For Industry's value of 31.38 is 36.6% above this benchmark. Historically, Property For Industry's own EV-to-FCF has ranged from 24.00 to 606.28 over the past decade. While the company's 10-year median is 34.41 vs. the industry median of 22.97, Property For Industry 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. Property For Industry's current EV-to-FCF of 31.38 is 36.6% 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 Property For Industry 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. Property For Industry's current EV-to-FCF is 31.38, which is near median its own 10-year median of 34.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Property For Industry (FRA:PWJ) has a current EV-to-FCF of 31.38. The stock's GF Value™ is €1.10, compared to a current price of €1.14 — trading 3.8% above its estimated fair value. The current EV-to-FCF is 31.38, which is near median its 10-year median of 34.41 and 36.6% above the REITs industry median of 22.97. Property For Industry's overall GF Score™ is 79/100 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 Property For Industry (FRA:PWJ), the current EV-to-FCF is 31.38 as of Jul. 01, 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 Property For Industry (FRA:PWJ) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued.
The current stock price of €1.14 is trading 3.8% above its estimated GF Value™ of €1.10.
Key valuation signals for FRA:PWJ:
EV-to-FCF: 31.38 (near median its 10-year median of 34.41)
GF Value™: €1.10 vs. price of €1.14 (3.8% above fair value)
Industry Position: 36.6% above the REITs median (#496 of 738)
No single metric tells the full story. See the FRA:PWJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
79GF 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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