Vornado Realty Trust (FRA:VO7) EV-to-FCF: 42.41 (As of Aug. 23, 2026) — 46% Above Median

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FRA:VO7 Vornado Realty Trust FRA:VO7
75 GF Score
Price €32.40
GF Value €29.19
! 8 Warning Signs
View Full Analysis

What is Vornado Realty Trust EV-to-FCF?

Vornado Realty Trust FRA:VO7 -1.82% 75 EV-to-FCF is 42.41 as of Aug. 23, 2026, which is 46% above its 10-year median of 29.14. GuruFocus rates FRA:VO7 with a GF Score™ of 75/100 and a GF Value™ of €29.19. The stock has 8 warning signs investors should review. Among 734 REITs companies, Vornado Realty Trust ranks worse than 78.07% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Vornado Realty Trust's Enterprise Value is €14,273 Mil. Vornado Realty Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €337 Mil. Therefore, Vornado Realty Trust's EV-to-FCF for today is 42.41.

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

FRA:VO7' s EV-to-FCF Range Over the Past 10 Years
Min: 11.13   Med: 29.14   Max: 608.43
Current: 42.68

During the past 13 years, the highest EV-to-FCF of Vornado Realty Trust was 608.43. The lowest was 11.13. And the median was 29.14.

FRA:VO7's EV-to-FCF is ranked worse than
78.07% of 734 companies
in the REITs industry
Industry Median: 22.11 vs FRA:VO7: 42.68

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 (2026-08-23), Vornado Realty Trust's stock price is €32.40. Vornado Realty Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.016. Therefore, Vornado Realty Trust's PE Ratio (TTM) for today is 2,025.00.


Vornado Realty Trust  (FRA:VO7) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.40/0.016
=2,025.00

Vornado Realty Trust's share price for today is €32.40.
Vornado Realty Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.016.

* 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.


Vornado Realty Trust EV-to-FCF Related Terms


Vornado Realty Trust EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Vornado Realty Trust'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.

Vornado Realty Trust EV-to-FCF Chart

Vornado Realty Trust 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 22.84 17.04 23.73 34.36 12.23

Vornado Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.54 12.75 12.23 11.24 43.22

FRA:VO7 vs ARE, CUZ, KRC: EV-to-FCF Comparison

For the REIT - Office subindustry, Vornado Realty Trust'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.


Vornado Realty Trust EV-to-FCF vs REITs Industry

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

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


FRA:VO7
75GF Score
Vornado Realty Trust FRA:VO7
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vornado Realty Trust EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=14273.354/336.569
=42.41

Vornado Realty Trust's current Enterprise Value is €14,273 Mil.
Vornado Realty Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €337 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 42.41 mean?
Vornado Realty Trust (FRA:VO7) has a EV-to-FCF of 42.41 as of Aug. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Vornado Realty Trust and its competitors. This is 46% above median its historical median of 29.14. Over the past decade, Vornado Realty Trust's EV-to-FCF has ranged from 11.13 to 608.43. According to the industry distribution chart, Vornado Realty Trust ranks #573 out of 734 companies in the REITs industry, placing it in the top 78.1%.
Is Vornado Realty Trust's EV-to-FCF too high?
Vornado Realty Trust's current EV-to-FCF of 42.41 is 46% above median its 10-year median of 29.14. Over the past 10 years, this metric has ranged from a low of 11.13 to a high of 608.43. The REITs industry median EV-to-FCF is 22.11. Vornado Realty Trust's value of 42.41 is 91.8% above this industry median. Based on the distribution chart, Vornado Realty Trust ranks #573 out of 734 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Vornado Realty Trust has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Vornado Realty Trust's EV-to-FCF compare to ARE and CUZ?
According to the REITs industry distribution chart, Vornado Realty Trust ranks #573 out of 734 companies for EV-to-FCF. This places Vornado Realty Trust in the lower half of its industry. The industry median EV-to-FCF is 22.11. Vornado Realty Trust's value of 42.41 is 91.8% above this benchmark. Historically, Vornado Realty Trust's own EV-to-FCF has ranged from 11.13 to 608.43 over the past decade. While the company's 10-year median is 29.14 vs. the industry median of 22.11, Vornado Realty Trust 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 22.11, based on 734 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. Vornado Realty Trust's current EV-to-FCF of 42.41 is 91.8% 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 Vornado Realty Trust and its competitors. For the REITs industry, the median EV-to-FCF is 22.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vornado Realty Trust's current EV-to-FCF is 42.41, which is 46% above median its own 10-year median of 29.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vornado Realty Trust stock overvalued right now?
Vornado Realty Trust (FRA:VO7) has a current EV-to-FCF of 42.41. The stock's GF Value™ is €29.19, compared to a current price of €32.40 — trading 11% above its estimated fair value. The current EV-to-FCF is 42.41, which is 46% above median its 10-year median of 29.14 and 91.8% above the REITs industry median of 22.11. Vornado Realty Trust's overall GF Score™ is 75/100 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 Vornado Realty Trust (FRA:VO7), the current EV-to-FCF is 42.41 as of Aug. 23, 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 Vornado Realty Trust (FRA:VO7) Overvalued in 2026?

Based on GuruFocus' analysis, Vornado Realty Trust stock appears to be overvalued. The current stock price of €32.40 is trading 11% above its estimated GF Value™ of €29.19.

Key valuation signals for FRA:VO7:

  • EV-to-FCF: 42.41 (46% above median its 10-year median of 29.14)
  • GF Value™: €29.19 vs. price of €32.40 (11% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 91.8% above the REITs median (#573 of 734)

No single metric tells the full story. See the FRA:VO7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vornado Realty Trust Business Description

Industry Real EstateREITs
Address 888 Seventh Avenue, New York, NY, USA, 10019
Vornado Realty Trust is a fully integrated real estate investment trust with a portfolio of New York City office, retail, and multifamily assets, and the developer of the new Penn District. While concentrated in New York, the trust also owns assets in both Chicago and San Francisco. It generates revenue in the form of property rentals, fees charged for trade shows, parking revenues, management and leasing fees, etc. Vornado operates in the following reportable segments: New York (its key revenue-generating market) and Other.
75GF Score

Get the complete analysis for FRA:VO7

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

€32.40
Price
€29.19
GF Value