Terreno Realty (FRA:T37) EV-to-FCF: 38.65 (As of Jul. 07, 2026) — 37% Below Median


FRA:T37 Terreno Realty Corp FRA:T37
94 GF Score
Price €58.00
GF Value €60.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Terreno Realty EV-to-FCF?

Terreno Realty FRA:T37 94 EV-to-FCF is 38.65 as of Jul. 07, 2026, which is 37% below its 10-year median of 61.19. GuruFocus rates FRA:T37 with a GF Score™ of 94/100 and a GF Value™ of €60.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 741 REITs companies, Terreno Realty ranks worse than 72.74% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Terreno Realty's Enterprise Value is €7,098.9 Mil. Terreno Realty's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €183.7 Mil. Therefore, Terreno Realty's EV-to-FCF for today is 38.65.

The historical rank and industry rank for Terreno Realty's EV-to-FCF or its related term are showing as below:

FRA:T37' s EV-to-FCF Range Over the Past 10 Years
Min: 32.18   Med: 61.19   Max: 89.36
Current: 37.8

During the past 13 years, the highest EV-to-FCF of Terreno Realty was 89.36. The lowest was 32.18. And the median was 61.19.

FRA:T37's EV-to-FCF is ranked worse than
72.74% of 741 companies
in the REITs industry
Industry Median: 22.95 vs FRA:T37: 37.80

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.

As of today (2026-07-07), Terreno Realty's stock price is €58.00. Terreno Realty's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €3.510. Therefore, Terreno Realty's PE Ratio (TTM) for today is 16.52.


Terreno Realty  (FRA:T37) 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.

Terreno Realty's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=58.00/3.510
=16.52

Terreno Realty's share price for today is €58.00.
Terreno Realty'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 €3.510.

* 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.


Terreno Realty EV-to-FCF Related Terms


Terreno Realty EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Terreno Realty'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.

Terreno Realty EV-to-FCF Chart

Terreno Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.51 66.49 48.09 35.83 33.58

Terreno Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.36 34.50 35.20 33.58 34.36

FRA:T37 vs STAG, REXR, FR: EV-to-FCF Comparison

For the REIT - Industrial subindustry, Terreno Realty'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.


Terreno Realty EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Terreno Realty's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Terreno Realty's EV-to-FCF falls into.


FRA:T37
94GF Score
Terreno Realty Corp FRA:T37
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terreno Realty EV-to-FCF Calculation

Terreno Realty's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7098.860/183.678
=38.65

Terreno Realty's current Enterprise Value is €7,098.9 Mil.
Terreno Realty'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 €183.7 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 38.65 mean?
Terreno Realty (FRA:T37) has a EV-to-FCF of 38.65 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Terreno Realty and its competitors. This is 37% below median its historical median of 61.19. Over the past decade, Terreno Realty's EV-to-FCF has ranged from 32.18 to 89.36. According to the industry distribution chart, Terreno Realty ranks #539 out of 741 companies in the REITs industry, placing it in the top 72.7%.
Is Terreno Realty's EV-to-FCF too high?
Terreno Realty's current EV-to-FCF of 38.65 is 37% below median its 10-year median of 61.19. Over the past 10 years, this metric has ranged from a low of 32.18 to a high of 89.36. The REITs industry median EV-to-FCF is 22.95. Terreno Realty's value of 38.65 is 68.4% above this industry median. Based on the distribution chart, Terreno Realty ranks #539 out of 741 companies in the REITs industry, which is below the industry midpoint. Overall, Terreno Realty has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terreno Realty's EV-to-FCF compare to STAG and REXR?
According to the REITs industry distribution chart, Terreno Realty ranks #539 out of 741 companies for EV-to-FCF. This places Terreno Realty in the lower half of its industry. The industry median EV-to-FCF is 22.95. Terreno Realty's value of 38.65 is 68.4% above this benchmark. Historically, Terreno Realty's own EV-to-FCF has ranged from 32.18 to 89.36 over the past decade. While the company's 10-year median is 61.19 vs. the industry median of 22.95, Terreno Realty 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 22.95, 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. Terreno Realty's current EV-to-FCF of 38.65 is 68.4% 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 Terreno Realty and its competitors. For the REITs industry, the median EV-to-FCF is 22.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current EV-to-FCF is 38.65, which is 37% below median its own 10-year median of 61.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terreno Realty stock overvalued right now?
Based on GuruFocus' analysis, Terreno Realty (FRA:T37) is currently considered Fairly Valued. The stock's GF Value™ is €60.50, compared to a current price of €58.00 — trading 4.1% below its estimated fair value. The current EV-to-FCF is 38.65, which is 37% below median its 10-year median of 61.19 and 68.4% above the REITs industry median of 22.95. Terreno Realty's overall GF Score™ is 94/100 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 Terreno Realty (FRA:T37), the current EV-to-FCF is 38.65 as of Jul. 07, 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 Terreno Realty (FRA:T37) Overvalued in 2026?

Based on GuruFocus' analysis, Terreno Realty stock appears to be undervalued. The current stock price of €58.00 is trading 4.1% below its estimated GF Value™ of €60.50. GuruFocus considers Terreno Realty to be Fairly Valued.

Key valuation signals for FRA:T37:

  • EV-to-FCF: 38.65 (37% below median its 10-year median of 61.19)
  • GF Value™: €60.50 vs. price of €58.00 (4.1% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 68.4% above the REITs median (#539 of 741)

No single metric tells the full story. See the FRA:T37 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Terreno Realty Business Description

Industry Real EstateREITs
Other Exchanges TRNO:USA
Address 10500 NE 8th Street, Suite 1910, Bellevue, WA, USA, 98004
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
94GF Score

Get the complete analysis for FRA:T37

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€58.00
Price
€60.50
GF Value