Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Millrose PropertiesMRP +0.67%13 EV-to-FCF is 1.89 as of Jul. 29, 2026. GuruFocus rates MRP with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 731 REITs companies, Millrose Properties ranks better than 98.22% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Millrose Properties's Enterprise Value is $7,115.2 Mil.
Millrose Properties's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $3,756.4 Mil. Therefore, Millrose Properties's EV-to-FCF for today is 1.89.
The historical rank and industry rank for Millrose Properties's EV-to-FCF or its related term are showing as below:
MRP'
s EV-to-FCF Range Over the Past 10 Years
Min: -13.03 Med: -4.37 Max: 2.01
Current: 1.89
During the past 3 years, the highest EV-to-FCF of Millrose Properties was 2.01. The lowest was -13.03. And the median was -4.37.
MRP's EV-to-FCF is ranked better than 98.22% of 731
companies
in the REITs industry
Industry Median: 23.43
vs MRP: 1.89
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.
Millrose Properties's PE Ratio (TTM) for today is calculated as:
Millrose Properties's share price for today is $28.59.
Millrose Properties'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 $2.790.
* 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.
Millrose Properties EV-to-FCF Related Terms
Millrose Properties EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Millrose Properties'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 - Residential subindustry, Millrose Properties'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.
Millrose Properties EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Millrose Properties's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Millrose Properties's EV-to-FCF falls into.
Millrose Properties's current Enterprise Value is $7,115.2 Mil.
Millrose Properties'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 $3,756.4 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.
Millrose Properties (MRP) has a EV-to-FCF of 1.89 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Millrose Properties and its competitors. According to the industry distribution chart, Millrose Properties ranks #13 out of 731 companies in the REITs industry, placing it in the top 1.8%.
Is Millrose Properties' EV-to-FCF too high?
Millrose Properties' current EV-to-FCF is 1.89. The REITs industry median EV-to-FCF is 23.43. Millrose Properties' value of 1.89 is 91.9% below this industry median. Based on the distribution chart, Millrose Properties ranks #13 out of 731 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Millrose Properties has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Millrose Properties' EV-to-FCF compare to IRT and JAN?
According to the REITs industry distribution chart, Millrose Properties ranks #13 out of 731 companies for EV-to-FCF. This places Millrose Properties in the top 2% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 23.43. Millrose Properties' value of 1.89 is 91.9% below 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 23.43, based on 731 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. Millrose Properties's current EV-to-FCF of 1.89 is 91.9% 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 Millrose Properties and its competitors. For the REITs industry, the median EV-to-FCF is 23.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millrose Properties's current EV-to-FCF is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millrose Properties stock overvalued right now?
Millrose Properties (MRP) has a current EV-to-FCF of 1.89. The current EV-to-FCF is 1.89 and 91.9% below the REITs industry median of 23.43. Millrose Properties' overall GF Score™ is 13/100 with 6 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 Millrose Properties (MRP), the current EV-to-FCF is 1.89 as of Jul. 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.
Millrose Properties Inc is a Holding Company. The company, along with its subsidiaries, engages in providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets through its Homesite Option Purchase Platform. The company generates a key portion of its revenue from Option fee revenues and a smaller portion of revenue from Development loan income.
13GF Score
Get the complete analysis for MRP
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
MRP has been successfully added to your 
