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Modiv IndustrialMDV +0.63%49 EV-to-FCF is 30.56 as of Jul. 15, 2026, which is 8% above its 10-year median of 28.18. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.27 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 737 REITs companies, Modiv Industrial ranks worse than 64.31% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Modiv Industrial's Enterprise Value is $489.66 Mil.
Modiv Industrial's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $16.02 Mil. Therefore, Modiv Industrial's EV-to-FCF for today is 30.56.
The historical rank and industry rank for Modiv Industrial's EV-to-FCF or its related term are showing as below:
MDV'
s EV-to-FCF Range Over the Past 10 Years
Min: 17.17 Med: 28.18 Max: 66.46
Current: 30.56
During the past 7 years, the highest EV-to-FCF of Modiv Industrial was 66.46. The lowest was 17.17. And the median was 28.18.
MDV's EV-to-FCF is ranked worse than 64.31% of 737
companies
in the REITs industry
Industry Median: 22.94
vs MDV: 30.56
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.
Modiv Industrial's PE Ratio (TTM) for today is calculated as:
Modiv Industrial's share price for today is $17.66.
Modiv Industrial'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 $-0.410.
* 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.
Modiv Industrial EV-to-FCF Related Terms
Modiv Industrial EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Modiv Industrial'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 - Industrial subindustry, Modiv Industrial'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.
Modiv Industrial EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Modiv Industrial's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Modiv Industrial's EV-to-FCF falls into.
Modiv Industrial's current Enterprise Value is $489.66 Mil.
Modiv Industrial'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 $16.02 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.
Modiv Industrial (MDV) has a EV-to-FCF of 30.56 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Modiv Industrial and its competitors. This is near median its historical median of 28.18. Over the past decade, Modiv Industrial's EV-to-FCF has ranged from 17.17 to 66.46. According to the industry distribution chart, Modiv Industrial ranks #474 out of 737 companies in the REITs industry, placing it in the top 64.3%.
Is Modiv Industrial's EV-to-FCF too high?
Modiv Industrial's current EV-to-FCF of 30.56 is near median its 10-year median of 28.18. Over the past 10 years, this metric has ranged from a low of 17.17 to a high of 66.46. The REITs industry median EV-to-FCF is 22.94. Modiv Industrial's value of 30.56 is 33.2% above this industry median. Based on the distribution chart, Modiv Industrial ranks #474 out of 737 companies in the REITs industry, which is below the industry midpoint. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's EV-to-FCF compare to ILPT and PLD?
According to the REITs industry distribution chart, Modiv Industrial ranks #474 out of 737 companies for EV-to-FCF. This places Modiv Industrial in the lower half of its industry. The industry median EV-to-FCF is 22.94. Modiv Industrial's value of 30.56 is 33.2% above this benchmark. Historically, Modiv Industrial's own EV-to-FCF has ranged from 17.17 to 66.46 over the past decade. While the company's 10-year median is 28.18 vs. the industry median of 22.94, Modiv Industrial 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 22.94, 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. Modiv Industrial's current EV-to-FCF of 30.56 is 33.2% 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 Modiv Industrial and its competitors. For the REITs industry, the median EV-to-FCF is 22.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modiv Industrial's current EV-to-FCF is 30.56, which is near median its own 10-year median of 28.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.27, compared to a current price of $17.66 — trading 33.1% above its estimated fair value. The current EV-to-FCF is 30.56, which is near median its 10-year median of 28.18 and 33.2% above the REITs industry median of 22.94. Modiv Industrial's overall GF Score™ is 49/100 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 Modiv Industrial (MDV), the current EV-to-FCF is 30.56 as of Jul. 15, 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 Modiv Industrial (MDV) Overvalued in 2026?
Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued.
The current stock price of $17.66 is trading 33.1% above its estimated GF Value™ of $13.27.
GuruFocus considers Modiv Industrial to be Significantly Overvalued.
Key valuation signals for MDV:
EV-to-FCF: 30.56 (near median its 10-year median of 28.18)
GF Value™: $13.27 vs. price of $17.66 (33.1% above fair value)
Industry Position: 33.2% above the REITs median (#474 of 737)
No single metric tells the full story. See the MDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
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