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Kiwi Property GroupNZSE:KPG +2.15%42 EV-to-FCF is 34.09 as of Aug. 03, 2026, which is 26% above its 10-year median of 26.95. GuruFocus rates NZSE:KPG with a GF Score™ of 42/100 and a GF Value™ of NZ$0.83 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 731 REITs companies, Kiwi Property Group ranks worse than 69.49% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Kiwi Property Group's Enterprise Value is NZ$2,774.7 Mil.
Kiwi Property Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$81.4 Mil. Therefore, Kiwi Property Group's EV-to-FCF for today is 34.09.
The historical rank and industry rank for Kiwi Property Group's EV-to-FCF or its related term are showing as below:
NZSE:KPG'
s EV-to-FCF Range Over the Past 10 Years
Min: 21.03 Med: 26.95 Max: 38.27
Current: 33.99
During the past 12 years, the highest EV-to-FCF of Kiwi Property Group was 38.27. The lowest was 21.03. And the median was 26.95.
NZSE:KPG's EV-to-FCF is ranked worse than 69.49% of 731
companies
in the REITs industry
Industry Median: 23.17
vs NZSE:KPG: 33.99
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.
Kiwi Property Group (NZSE:KPG) 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.
Kiwi Property Group's PE Ratio (TTM) for today is calculated as:
Kiwi Property Group's share price for today is NZ$0.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kiwi Property Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$0.031.
* 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.
Kiwi Property Group EV-to-FCF Related Terms
Kiwi Property Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Kiwi Property Group'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 - Diversified subindustry, Kiwi Property Group'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.
Kiwi Property Group EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Kiwi Property Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Kiwi Property Group's EV-to-FCF falls into.
Kiwi Property Group's current Enterprise Value is NZ$2,774.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kiwi Property Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$81.4 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.
Kiwi Property Group (NZSE:KPG) has a EV-to-FCF of 34.09 as of Aug. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Kiwi Property Group and its competitors. This is 26% above median its historical median of 26.95. Over the past decade, Kiwi Property Group's EV-to-FCF has ranged from 21.03 to 38.27. According to the industry distribution chart, Kiwi Property Group ranks #508 out of 731 companies in the REITs industry, placing it in the top 69.5%.
Is Kiwi Property Group's EV-to-FCF too high?
Kiwi Property Group's current EV-to-FCF of 34.09 is 26% above median its 10-year median of 26.95. Over the past 10 years, this metric has ranged from a low of 21.03 to a high of 38.27. The REITs industry median EV-to-FCF is 23.17. Kiwi Property Group's value of 34.09 is 47.1% above this industry median. Based on the distribution chart, Kiwi Property Group ranks #508 out of 731 companies in the REITs industry, which is below the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's EV-to-FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #508 out of 731 companies for EV-to-FCF. This places Kiwi Property Group in the lower half of its industry. The industry median EV-to-FCF is 23.17. Kiwi Property Group's value of 34.09 is 47.1% above this benchmark. Historically, Kiwi Property Group's own EV-to-FCF has ranged from 21.03 to 38.27 over the past decade. While the company's 10-year median is 26.95 vs. the industry median of 23.17, Kiwi Property Group 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 23.17, 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. Kiwi Property Group's current EV-to-FCF of 34.09 is 47.1% 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 Kiwi Property Group and its competitors. For the REITs industry, the median EV-to-FCF is 23.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiwi Property Group's current EV-to-FCF is 34.09, which is 26% above median its own 10-year median of 26.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (NZSE:KPG) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.83, compared to a current price of NZ$0.95 — trading 14.5% above its estimated fair value. The current EV-to-FCF is 34.09, which is 26% above median its 10-year median of 26.95 and 47.1% above the REITs industry median of 23.17. Kiwi Property Group's overall GF Score™ is 42/100 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 Kiwi Property Group (NZSE:KPG), the current EV-to-FCF is 34.09 as of Aug. 03, 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 Kiwi Property Group (NZSE:KPG) Overvalued in 2026?
Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued.
The current stock price of NZ$0.95 is trading 14.5% above its estimated GF Value™ of NZ$0.83.
GuruFocus considers Kiwi Property Group to be Modestly Overvalued.
Key valuation signals for NZSE:KPG:
EV-to-FCF: 34.09 (26% above median its 10-year median of 26.95)
GF Value™: NZ$0.83 vs. price of NZ$0.95 (14.5% above fair value)
Industry Position: 47.1% above the REITs median (#508 of 731)
No single metric tells the full story. See the NZSE:KPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
42GF Score
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