MFA (MFA Financial) EV-to-FCF: 28.48 (As of Aug. 29, 2026) — 10% Above Median

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MFA MFA Financial Inc MFA
24 GF Score
Price $8.83
! 3 Warning Signs
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What is MFA Financial EV-to-FCF?

MFA Financial MFA -0.34% 24 EV-to-FCF is 28.48 as of Aug. 29, 2026, which is 10% above its 10-year median of 25.92. GuruFocus rates MFA with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 732 REITs companies, MFA Financial ranks worse than 63.25% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MFA Financial's Enterprise Value is $7,183.4 Mil. MFA Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $252.2 Mil. Therefore, MFA Financial's EV-to-FCF for today is 28.48.

The historical rank and industry rank for MFA Financial's EV-to-FCF or its related term are showing as below:

MFA' s EV-to-FCF Range Over the Past 10 Years
Min: 1.97   Med: 25.92   Max: 116.57
Current: 28.48

During the past 13 years, the highest EV-to-FCF of MFA Financial was 116.57. The lowest was 1.97. And the median was 25.92.

MFA's EV-to-FCF is ranked worse than
63.25% of 732 companies
in the REITs industry
Industry Median: 22.02 vs MFA: 28.48

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 (2026-08-29), MFA Financial's stock price is $8.83. MFA Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.000. Therefore, MFA Financial's PE Ratio (TTM) for today is 8.83.


MFA Financial  (NYSE:MFA) 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.

MFA Financial's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.83/1.000
=8.83

MFA Financial's share price for today is $8.83.
MFA Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.000.

* 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.


MFA Financial EV-to-FCF Related Terms


MFA Financial EV-to-FCF Historical Data

* Premium members only.

The historical data trend for MFA Financial'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.

MFA Financial EV-to-FCF Chart

MFA Financial 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 36.50 12.11 53.65 33.59 96.17

MFA Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 55.10 48.20 96.17 44.78 28.83

MFA vs ABR, ARI, PMT: EV-to-FCF Comparison

For the REIT - Mortgage subindustry, MFA Financial'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.


MFA Financial EV-to-FCF vs REITs Industry

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

* The bar in red indicates where MFA Financial's EV-to-FCF falls into.


MFA
24GF Score
MFA Financial Inc MFA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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MFA Financial EV-to-FCF Calculation

MFA Financial's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7183.404/252.214
=28.48

MFA Financial's current Enterprise Value is $7,183.4 Mil.
MFA Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $252.2 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 28.48 mean?
MFA Financial (MFA) has a EV-to-FCF of 28.48 as of Aug. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MFA Financial and its competitors. This is 10% above median its historical median of 25.92. Over the past decade, MFA Financial's EV-to-FCF has ranged from 1.97 to 116.57. According to the industry distribution chart, MFA Financial ranks #463 out of 732 companies in the REITs industry, placing it in the top 63.3%.
Is MFA Financial's EV-to-FCF too high?
MFA Financial's current EV-to-FCF of 28.48 is 10% above median its 10-year median of 25.92. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 116.57. The REITs industry median EV-to-FCF is 22.02. MFA Financial's value of 28.48 is 29.3% above this industry median. Based on the distribution chart, MFA Financial ranks #463 out of 732 companies in the REITs industry, which is below the industry midpoint. Overall, MFA Financial has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does MFA Financial's EV-to-FCF compare to ABR and ARI?
According to the REITs industry distribution chart, MFA Financial ranks #463 out of 732 companies for EV-to-FCF. This places MFA Financial in the lower half of its industry. The industry median EV-to-FCF is 22.02. MFA Financial's value of 28.48 is 29.3% above this benchmark. Historically, MFA Financial's own EV-to-FCF has ranged from 1.97 to 116.57 over the past decade. While the company's 10-year median is 25.92 vs. the industry median of 22.02, MFA Financial 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 22.02, based on 732 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. MFA Financial's current EV-to-FCF of 28.48 is 29.3% 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 MFA Financial and its competitors. For the REITs industry, the median EV-to-FCF is 22.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFA Financial's current EV-to-FCF is 28.48, which is 10% above median its own 10-year median of 25.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFA Financial stock overvalued right now?
MFA Financial (MFA) has a current EV-to-FCF of 28.48. The current EV-to-FCF is 28.48, which is 10% above median its 10-year median of 25.92 and 29.3% above the REITs industry median of 22.02. MFA Financial's overall GF Score™ is 24/100 with 3 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 MFA Financial (MFA), the current EV-to-FCF is 28.48 as of Aug. 29, 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.

MFA Financial Business Description

Industry Real EstateREITs
Address One Vanderbilt Avenue, 48th Floor, New York, NY, USA, 10017
MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company's reportable segments include mortgage-related assets; and Lima One.
24GF Score

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

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