Keppel DC REITFRA:R09 63 EV-to-FCF is 34.78 as of Jun. 25, 2026, which is 23% above its 10-year median of 28.38. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 warning signs investors should review. Among 740 REITs companies, Keppel DC REIT ranks worse than 69.59% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Keppel DC REIT's Enterprise Value is €5,202.1 Mil.
Keppel DC REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €149.6 Mil. Therefore, Keppel DC REIT's EV-to-FCF for today is 34.78.
The historical rank and industry rank for Keppel DC REIT's EV-to-FCF or its related term are showing as below:
FRA:R09'
s EV-to-FCF Range Over the Past 10 Years
Min: 18.09 Med: 28.38 Max: 46.1
Current: 33.96
During the past 12 years, the highest EV-to-FCF of Keppel DC REIT was 46.10. The lowest was 18.09. And the median was 28.38.
FRA:R09's EV-to-FCF is ranked worse than 69.59% of 740
companies
in the REITs industry
Industry Median: 23.095
vs FRA:R09: 33.96
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.
Keppel DC REIT's PE Ratio (TTM) for today is calculated as:
Keppel DC REIT's share price for today is €1.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.121.
* 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.
Keppel DC REIT EV-to-FCF Related Terms
Keppel DC REIT EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Keppel DC 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 - Office subindustry, Keppel DC 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.
Keppel DC REIT EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Keppel DC REIT's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Keppel DC REIT's EV-to-FCF falls into.
Keppel DC REIT's current Enterprise Value is €5,202.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Keppel DC REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €149.6 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.
Keppel DC REIT (FRA:R09) has a EV-to-FCF of 34.78 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Keppel DC REIT and its competitors. This is 23% above median its historical median of 28.38. Over the past decade, Keppel DC REIT's EV-to-FCF has ranged from 18.09 to 46.10. According to the industry distribution chart, Keppel DC REIT ranks #515 out of 740 companies in the REITs industry, placing it in the top 69.6%.
Is Keppel DC REIT's EV-to-FCF too high?
Keppel DC REIT's current EV-to-FCF of 34.78 is 23% above median its 10-year median of 28.38. Over the past 10 years, this metric has ranged from a low of 18.09 to a high of 46.10. The REITs industry median EV-to-FCF is 23.10. Keppel DC REIT's value of 34.78 is 50.6% above this industry median. Based on the distribution chart, Keppel DC REIT ranks #515 out of 740 companies in the REITs industry, which is below the industry midpoint. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #515 out of 740 companies for EV-to-FCF. This places Keppel DC REIT in the lower half of its industry. The industry median EV-to-FCF is 23.10. Keppel DC REIT's value of 34.78 is 50.6% above this benchmark. Historically, Keppel DC REIT's own EV-to-FCF has ranged from 18.09 to 46.10 over the past decade. While the company's 10-year median is 28.38 vs. the industry median of 23.10, Keppel DC 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 23.10, based on 740 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. Keppel DC REIT's current EV-to-FCF of 34.78 is 50.6% 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 Keppel DC REIT and its competitors. For the REITs industry, the median EV-to-FCF is 23.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel DC REIT's current EV-to-FCF is 34.78, which is 23% above median its own 10-year median of 28.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current EV-to-FCF is 34.78, which is 23% above median its 10-year median of 28.38 and 50.6% above the REITs industry median of 23.10. Keppel DC REIT's overall GF Score™ is 63/100 with 10 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 Keppel DC REIT (FRA:R09), the current EV-to-FCF is 34.78 as of Jun. 25, 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?
Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued.
The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63.
GuruFocus considers Keppel DC REIT to be Fairly Valued.
Key valuation signals for FRA:R09:
EV-to-FCF: 34.78 (23% above median its 10-year median of 28.38)
GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
Industry Position: 50.6% above the REITs median (#515 of 740)
No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score
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