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Global Net LeaseGNL +1.14%66 EV-to-FCF is 23.92 as of Jul. 16, 2026, which is 3% above its 10-year median of 23.23. GuruFocus rates GNL with a GF Score™ of 66/100 and a GF Value™ of $6.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 737 REITs companies, Global Net Lease ranks worse than 51.97% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Global Net Lease's Enterprise Value is $4,259.2 Mil.
Global Net Lease's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $178.1 Mil. Therefore, Global Net Lease's EV-to-FCF for today is 23.92.
The historical rank and industry rank for Global Net Lease's EV-to-FCF or its related term are showing as below:
GNL'
s EV-to-FCF Range Over the Past 10 Years
Min: 15.52 Med: 23.23 Max: 91.38
Current: 23.92
During the past 13 years, the highest EV-to-FCF of Global Net Lease was 91.38. The lowest was 15.52. And the median was 23.23.
GNL's EV-to-FCF is ranked worse than 51.97% of 737
companies
in the REITs industry
Industry Median: 23.11
vs GNL: 23.92
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.
Global Net Lease's PE Ratio (TTM) for today is calculated as:
Global Net Lease's share price for today is $8.91.
Global Net Lease'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 $-0.400.
* 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.
Global Net Lease EV-to-FCF Related Terms
Global Net Lease EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Global Net Lease'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 - Diversified subindustry, Global Net Lease'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.
Global Net Lease EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Global Net Lease's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Global Net Lease's EV-to-FCF falls into.
Global Net Lease's current Enterprise Value is $4,259.2 Mil.
Global Net Lease'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 $178.1 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.
Global Net Lease (GNL) has a EV-to-FCF of 23.92 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Global Net Lease and its competitors. This is near median its historical median of 23.23. Over the past decade, Global Net Lease's EV-to-FCF has ranged from 15.52 to 91.38. According to the industry distribution chart, Global Net Lease ranks #383 out of 737 companies in the REITs industry, placing it in the top 52%.
Is Global Net Lease's EV-to-FCF too high?
Global Net Lease's current EV-to-FCF of 23.92 is near median its 10-year median of 23.23. Over the past 10 years, this metric has ranged from a low of 15.52 to a high of 91.38. The REITs industry median EV-to-FCF is 23.11. Global Net Lease's value of 23.92 is 3.5% above this industry median. Based on the distribution chart, Global Net Lease ranks #383 out of 737 companies in the REITs industry, which is below the industry midpoint. Overall, Global Net Lease has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Net Lease's EV-to-FCF compare to AAT and SAFE?
According to the REITs industry distribution chart, Global Net Lease ranks #383 out of 737 companies for EV-to-FCF. This places Global Net Lease in the lower half of its industry. The industry median EV-to-FCF is 23.11. Global Net Lease's value of 23.92 is 3.5% above this benchmark. Historically, Global Net Lease's own EV-to-FCF has ranged from 15.52 to 91.38 over the past decade. While the company's 10-year median is 23.23 vs. the industry median of 23.11, Global Net Lease 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 23.11, based on 737 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. Global Net Lease's current EV-to-FCF of 23.92 is 3.5% 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 Global Net Lease and its competitors. For the REITs industry, the median EV-to-FCF is 23.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Net Lease's current EV-to-FCF is 23.92, which is near median its own 10-year median of 23.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Net Lease (GNL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.33, compared to a current price of $8.91 — trading 40.8% above its estimated fair value. The current EV-to-FCF is 23.92, which is near median its 10-year median of 23.23 and 3.5% above the REITs industry median of 23.11. Global Net Lease's overall GF Score™ is 66/100 with 9 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 Global Net Lease (GNL), the current EV-to-FCF is 23.92 as of Jul. 16, 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 Global Net Lease (GNL) Overvalued in 2026?
Based on GuruFocus' analysis, Global Net Lease stock appears to be overvalued.
The current stock price of $8.91 is trading 40.8% above its estimated GF Value™ of $6.33.
GuruFocus considers Global Net Lease to be Significantly Overvalued.
Key valuation signals for GNL:
EV-to-FCF: 23.92 (near median its 10-year median of 23.23)
GF Value™: $6.33 vs. price of $8.91 (40.8% above fair value)
Industry Position: 3.5% above the REITs median (#383 of 737)
No single metric tells the full story. See the GNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operation, lease, acquisition, investment, and sale of the portfolio assets. Its segments include Industrial & Distribution, Retail, and Office. The company derives maximum revenue from the Industrial and Distribution segment. The company geographically operates in the United States, the United Kingdom, Canada, and Europe.
66GF Score
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