Spring Real Estate Investment Trust (HKSE:01426) EV-to-FCF: 17.79 (As of Aug. 11, 2026) — Near Median

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HKSE:01426 Spring Real Estate Investment Trust HKSE:01426
62 GF Score
Price HK$1.17
GF Value HK$1.68
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Spring Real Estate Investment Trust EV-to-FCF?

Spring Real Estate Investment Trust HKSE:01426 62 EV-to-FCF is 17.79 as of Aug. 11, 2026, which is 4% below its 10-year median of 18.60. GuruFocus rates HKSE:01426 with a GF Score™ of 62/100 and a GF Value™ of HK$1.68 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 737 REITs companies, Spring Real Estate Investment Trust ranks better than 65.54% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Spring Real Estate Investment Trust's Enterprise Value is HK$7,883.3 Mil. Spring Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$443.2 Mil. Therefore, Spring Real Estate Investment Trust's EV-to-FCF for today is 17.79.

The historical rank and industry rank for Spring Real Estate Investment Trust's EV-to-FCF or its related term are showing as below:

HKSE:01426' s EV-to-FCF Range Over the Past 10 Years
Min: 15.36   Med: 18.6   Max: 23.76
Current: 17.79

During the past 13 years, the highest EV-to-FCF of Spring Real Estate Investment Trust was 23.76. The lowest was 15.36. And the median was 18.60.

HKSE:01426's EV-to-FCF is ranked better than
65.54% of 737 companies
in the REITs industry
Industry Median: 22.77 vs HKSE:01426: 17.79

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 (2026-08-11), Spring Real Estate Investment Trust's stock price is HK$1.17. Spring Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.135. Therefore, Spring Real Estate Investment Trust's PE Ratio (TTM) for today is At Loss.


Spring Real Estate Investment Trust  (HKSE:01426) 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.

Spring Real Estate Investment Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.17/-0.135
=At Loss

Spring Real Estate Investment Trust's share price for today is HK$1.17.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spring Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.135.

* 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.


Spring Real Estate Investment Trust EV-to-FCF Related Terms


Spring Real Estate Investment Trust EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Spring Real Estate Investment 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.

Spring Real Estate Investment Trust EV-to-FCF Chart

Spring Real Estate Investment 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 17.03 22.58 18.22 20.04 18.86

Spring Real Estate Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 18.22 0.00 20.04 0.00 18.86

HKSE:01426 vs VICI, WPC, BNL: EV-to-FCF Comparison

For the REIT - Diversified subindustry, Spring Real Estate Investment 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.


Spring Real Estate Investment Trust EV-to-FCF vs REITs Industry

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

* The bar in red indicates where Spring Real Estate Investment Trust's EV-to-FCF falls into.


HKSE:01426
62GF Score
Spring Real Estate Investment Trust HKSE:01426
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spring Real Estate Investment Trust EV-to-FCF Calculation

Spring Real Estate Investment Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7883.322/443.158
=17.79

Spring Real Estate Investment Trust's current Enterprise Value is HK$7,883.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spring Real Estate Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$443.2 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 17.79 mean?
Spring Real Estate Investment Trust (HKSE:01426) has a EV-to-FCF of 17.79 as of Aug. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Spring Real Estate Investment Trust and its competitors. This is near median its historical median of 18.60. Over the past decade, Spring Real Estate Investment Trust's EV-to-FCF has ranged from 15.36 to 23.76. According to the industry distribution chart, Spring Real Estate Investment Trust ranks #254 out of 737 companies in the REITs industry, placing it in the top 34.5%.
Is Spring Real Estate Investment Trust's EV-to-FCF too high?
Spring Real Estate Investment Trust's current EV-to-FCF of 17.79 is near median its 10-year median of 18.60. Over the past 10 years, this metric has ranged from a low of 15.36 to a high of 23.76. The REITs industry median EV-to-FCF is 22.77. Spring Real Estate Investment Trust's value of 17.79 is 21.9% below this industry median. Based on the distribution chart, Spring Real Estate Investment Trust ranks #254 out of 737 companies in the REITs industry, which is above the industry midpoint. Overall, Spring Real Estate Investment Trust has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spring Real Estate Investment Trust's EV-to-FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Spring Real Estate Investment Trust ranks #254 out of 737 companies for EV-to-FCF. This puts Spring Real Estate Investment Trust in the upper half of its industry. The industry median EV-to-FCF is 22.77. Spring Real Estate Investment Trust's value of 17.79 is 21.9% below this benchmark. Historically, Spring Real Estate Investment Trust's own EV-to-FCF has ranged from 15.36 to 23.76 over the past decade. While the company's 10-year median is 18.60 vs. the industry median of 22.77, Spring Real Estate Investment Trust has consistently been below 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 22.77, 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. Spring Real Estate Investment Trust's current EV-to-FCF of 17.79 is 21.9% below 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 Spring Real Estate Investment Trust and its competitors. For the REITs industry, the median EV-to-FCF is 22.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Real Estate Investment Trust's current EV-to-FCF is 17.79, which is near median its own 10-year median of 18.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Spring Real Estate Investment Trust (HKSE:01426) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.68, compared to a current price of HK$1.17 — trading 30.4% below its estimated fair value. The current EV-to-FCF is 17.79, which is near median its 10-year median of 18.60 and 21.9% below the REITs industry median of 22.77. Spring Real Estate Investment Trust's overall GF Score™ is 62/100 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 Spring Real Estate Investment Trust (HKSE:01426), the current EV-to-FCF is 17.79 as of Aug. 11, 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 Spring Real Estate Investment Trust (HKSE:01426) Overvalued in 2026?

Based on GuruFocus' analysis, Spring Real Estate Investment Trust stock appears to be undervalued. The current stock price of HK$1.17 is trading 30.4% below its estimated GF Value™ of HK$1.68. GuruFocus considers Spring Real Estate Investment Trust to be Possible Value Trap.

Key valuation signals for HKSE:01426:

  • EV-to-FCF: 17.79 (near median its 10-year median of 18.60)
  • GF Value™: HK$1.68 vs. price of HK$1.17 (30.4% below fair value)
  • GF Score™: 62/100 with 11 warning signs
  • Industry Position: 21.9% below the REITs median (#254 of 737)

No single metric tells the full story. See the HKSE:01426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spring Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 31 Queen’s Road, Room 2602, 26th Floor, LHT Tower, Central, Hong Kong, HKG
Spring Real Estate Investment Trust is a real estate investment trust. The group holds investment properties in China and the United Kingdom and is principally engaged in property investment. The company generates revenue from three sources, namely, Rental income, Car park income, and other income. A majority of the company's revenue is produced by the Rental income segment.
62GF Score

Get the complete analysis for HKSE:01426

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

HK$1.17
Price
HK$1.68
GF Value