WelltowerHAM:HCW -1.17%65 EV-to-FCF is 62.91 as of Jul. 13, 2026, which is 73% above its 10-year median of 36.32. GuruFocus rates HAM:HCW with a GF Score™ of 65/100 and a GF Value™ of €157.63 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 739 REITs companies, Welltower ranks worse than 84.84% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Welltower's Enterprise Value is €157,967 Mil.
Welltower's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €2,511 Mil. Therefore, Welltower's EV-to-FCF for today is 62.91.
The historical rank and industry rank for Welltower's EV-to-FCF or its related term are showing as below:
HAM:HCW'
s EV-to-FCF Range Over the Past 10 Years
Min: 19.45 Med: 36.32 Max: 64.29
Current: 61.57
During the past 13 years, the highest EV-to-FCF of Welltower was 64.29. The lowest was 19.45. And the median was 36.32.
HAM:HCW's EV-to-FCF is ranked worse than 84.84% of 739
companies
in the REITs industry
Industry Median: 23.16
vs HAM:HCW: 61.57
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.
Welltower's share price for today is €203.00.
Welltower'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 €1.741.
* 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.
Welltower EV-to-FCF Related Terms
Welltower EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Welltower'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 - Healthcare Facilities subindustry, Welltower'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.
Welltower EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Welltower's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Welltower's EV-to-FCF falls into.
Welltower's current Enterprise Value is €157,967 Mil.
Welltower'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 €2,511 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.
Welltower (HAM:HCW) has a EV-to-FCF of 62.91 as of Jul. 13, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Welltower and its competitors. This is 73% above median its historical median of 36.32. Over the past decade, Welltower's EV-to-FCF has ranged from 19.45 to 64.29. According to the industry distribution chart, Welltower ranks #627 out of 739 companies in the REITs industry, placing it in the top 84.8%.
Is Welltower's EV-to-FCF too high?
Welltower's current EV-to-FCF of 62.91 is 73% above median its 10-year median of 36.32. Over the past 10 years, this metric has ranged from a low of 19.45 to a high of 64.29. The REITs industry median EV-to-FCF is 23.16. Welltower's value of 62.91 is 171.6% above this industry median. Based on the distribution chart, Welltower ranks #627 out of 739 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Welltower has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welltower's EV-to-FCF compare to VTR and DOC?
According to the REITs industry distribution chart, Welltower ranks #627 out of 739 companies for EV-to-FCF. This places Welltower in the lower half of its industry. The industry median EV-to-FCF is 23.16. Welltower's value of 62.91 is 171.6% above this benchmark. Historically, Welltower's own EV-to-FCF has ranged from 19.45 to 64.29 over the past decade. While the company's 10-year median is 36.32 vs. the industry median of 23.16, Welltower 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 23.16, based on 739 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. Welltower's current EV-to-FCF of 62.91 is 171.6% 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 Welltower and its competitors. For the REITs industry, the median EV-to-FCF is 23.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Welltower's current EV-to-FCF is 62.91, which is 73% above median its own 10-year median of 36.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welltower stock overvalued right now?
Based on GuruFocus' analysis, Welltower (HAM:HCW) is currently considered Modestly Overvalued. The stock's GF Value™ is €157.63, compared to a current price of €203.00 — trading 28.8% above its estimated fair value. The current EV-to-FCF is 62.91, which is 73% above median its 10-year median of 36.32 and 171.6% above the REITs industry median of 23.16. Welltower's overall GF Score™ is 65/100 with 11 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 Welltower (HAM:HCW), the current EV-to-FCF is 62.91 as of Jul. 13, 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 Welltower (HAM:HCW) Overvalued in 2026?
Based on GuruFocus' analysis, Welltower stock appears to be overvalued.
The current stock price of €203.00 is trading 28.8% above its estimated GF Value™ of €157.63.
GuruFocus considers Welltower to be Modestly Overvalued.
Key valuation signals for HAM:HCW:
EV-to-FCF: 62.91 (73% above median its 10-year median of 36.32)
GF Value™: €157.63 vs. price of €203.00 (28.8% above fair value)
Industry Position: 171.6% above the REITs median (#627 of 739)
No single metric tells the full story. See the HAM:HCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Welltower owns a diversified healthcare portfolio of 2,800 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
65GF Score
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