EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Derwent London's Enterprise Value is £3,665.7 Mil.
Derwent London's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £68.9 Mil. Therefore, Derwent London's EV-to-FCF for today is 53.20.
The historical rank and industry rank for Derwent London's EV-to-FCF or its related term are showing as below:
LSE:DLN'
s EV-to-FCF Range Over the Past 10 Years
Min: -378.06 Med: -63.09 Max: 53.51
Current: 53.2
During the past 13 years, the highest EV-to-FCF of Derwent London was 53.51. The lowest was -378.06. And the median was -63.09.
LSE:DLN's EV-to-FCF is ranked worse than 81.87% of 739
companies
in the REITs industry
Industry Median: 22.98
vs LSE:DLN: 53.20
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.
Derwent London's PE Ratio (TTM) for today is calculated as:
Derwent London's share price for today is £19.92.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Derwent London's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £1.433.
* 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.
Derwent London EV-to-FCF Related Terms
Derwent London EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Derwent London'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 - Office subindustry, Derwent London'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.
Derwent London EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Derwent London's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Derwent London's EV-to-FCF falls into.
Derwent London's current Enterprise Value is £3,665.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Derwent London's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £68.9 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.
Derwent London (LSE:DLN) has a EV-to-FCF of 53.20 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Derwent London and its competitors. According to the industry distribution chart, Derwent London ranks #605 out of 739 companies in the REITs industry, placing it in the top 81.9%.
Is Derwent London's EV-to-FCF too high?
Derwent London's current EV-to-FCF is 53.20. The REITs industry median EV-to-FCF is 22.98. Derwent London's value of 53.20 is 131.5% above this industry median. Based on the distribution chart, Derwent London ranks #605 out of 739 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Derwent London has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Derwent London's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Derwent London ranks #605 out of 739 companies for EV-to-FCF. This places Derwent London in the lower half of its industry. The industry median EV-to-FCF is 22.98. Derwent London's value of 53.20 is 131.5% above this benchmark. 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 22.98, 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. Derwent London's current EV-to-FCF of 53.20 is 131.5% 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 Derwent London and its competitors. For the REITs industry, the median EV-to-FCF is 22.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Derwent London's current EV-to-FCF is 53.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Derwent London stock overvalued right now?
Based on GuruFocus' analysis, Derwent London (LSE:DLN) is currently considered Modestly Undervalued. The stock's GF Value™ is £23.43, compared to a current price of £19.92 — trading 15% below its estimated fair value. The current EV-to-FCF is 53.20 and 131.5% above the REITs industry median of 22.98. Derwent London's overall GF Score™ is 70/100 with 10 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 Derwent London (LSE:DLN), the current EV-to-FCF is 53.20 as of Jul. 08, 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 Derwent London (LSE:DLN) Overvalued in 2026?
Based on GuruFocus' analysis, Derwent London stock appears to be undervalued.
The current stock price of £19.92 is trading 15% below its estimated GF Value™ of £23.43.
GuruFocus considers Derwent London to be Modestly Undervalued.
Key valuation signals for LSE:DLN:
EV-to-FCF: 53.20
GF Value™: £23.43 vs. price of £19.92 (15% below fair value)
Industry Position: 131.5% above the REITs median (#605 of 739)
No single metric tells the full story. See the LSE:DLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Derwent London PLC is London's inventive office specialist property regenerators and investors and is well known for its design-led philosophy and creative management approach to development. Its appealing designs attract a range of tenants, including those from creative industries. The group has been a Real Estate Investment Trust (REIT) principally property investors with tax-exempt property rental businesses, but remain subject to corporation tax on nonexempt income and gains The Group owns and manages an investment portfolio of approximately 5.4 million sq ft, of which 98% is located in central London, with a specific focus on the West End and the areas bordering the City of London.
70GF Score
Get the complete analysis for LSE:DLN
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:DLN has been successfully added to your 
