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Terreno RealtyTRNO -1.48%94 EV-to-FCF is 36.80 as of Sep. 09, 2026, which is 39% below its 10-year median of 60.77. GuruFocus rates TRNO with a GF Score™ of 94/100 and a GF Value™ of $69.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 731 REITs companies, Terreno Realty ranks worse than 75.24% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Terreno Realty's Enterprise Value is $7,982.0 Mil.
Terreno Realty's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $216.9 Mil. Therefore, Terreno Realty's EV-to-FCF for today is 36.80.
The historical rank and industry rank for Terreno Realty's EV-to-FCF or its related term are showing as below:
TRNO'
s EV-to-FCF Range Over the Past 10 Years
Min: 32.18 Med: 60.77 Max: 89.36
Current: 36.8
During the past 13 years, the highest EV-to-FCF of Terreno Realty was 89.36. The lowest was 32.18. And the median was 60.77.
TRNO's EV-to-FCF is ranked worse than 75.24% of 731
companies
in the REITs industry
Industry Median: 21.74
vs TRNO: 36.80
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.
Terreno Realty's PE Ratio (TTM) for today is calculated as:
Terreno Realty's share price for today is $65.07.
Terreno Realty'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 $3.730.
* 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.
Terreno Realty EV-to-FCF Related Terms
Terreno Realty EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Terreno Realty'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, Terreno Realty'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.
Terreno Realty EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Terreno Realty's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Terreno Realty's EV-to-FCF falls into.
Terreno Realty's current Enterprise Value is $7,982.0 Mil.
Terreno Realty'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 $216.9 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.
Terreno Realty (TRNO) has a EV-to-FCF of 36.80 as of Sep. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Terreno Realty and its competitors. This is 39% below median its historical median of 60.77. Over the past decade, Terreno Realty's EV-to-FCF has ranged from 32.18 to 89.36. According to the industry distribution chart, Terreno Realty ranks #550 out of 731 companies in the REITs industry, placing it in the top 75.2%.
Is Terreno Realty's EV-to-FCF too high?
Terreno Realty's current EV-to-FCF of 36.80 is 39% below median its 10-year median of 60.77. Over the past 10 years, this metric has ranged from a low of 32.18 to a high of 89.36. The REITs industry median EV-to-FCF is 21.74. Terreno Realty's value of 36.80 is 69.3% above this industry median. Based on the distribution chart, Terreno Realty ranks #550 out of 731 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Terreno Realty has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terreno Realty's EV-to-FCF compare to STAG and FR?
According to the REITs industry distribution chart, Terreno Realty ranks #550 out of 731 companies for EV-to-FCF. This places Terreno Realty in the lower half of its industry. The industry median EV-to-FCF is 21.74. Terreno Realty's value of 36.80 is 69.3% above this benchmark. Historically, Terreno Realty's own EV-to-FCF has ranged from 32.18 to 89.36 over the past decade. While the company's 10-year median is 60.77 vs. the industry median of 21.74, Terreno Realty 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 21.74, 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. Terreno Realty's current EV-to-FCF of 36.80 is 69.3% 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 Terreno Realty and its competitors. For the REITs industry, the median EV-to-FCF is 21.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terreno Realty's current EV-to-FCF is 36.80, which is 39% below median its own 10-year median of 60.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terreno Realty stock overvalued right now?
Based on GuruFocus' analysis, Terreno Realty (TRNO) is currently considered Fairly Valued. The stock's GF Value™ is $69.94, compared to a current price of $65.07 — trading 7% below its estimated fair value. The current EV-to-FCF is 36.80, which is 39% below median its 10-year median of 60.77 and 69.3% above the REITs industry median of 21.74. Terreno Realty's overall GF Score™ is 94/100 with 5 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 Terreno Realty (TRNO), the current EV-to-FCF is 36.80 as of Sep. 09, 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 Terreno Realty (TRNO) Overvalued in 2026?
Based on GuruFocus' analysis, Terreno Realty stock appears to be undervalued.
The current stock price of $65.07 is trading 7% below its estimated GF Value™ of $69.94.
GuruFocus considers Terreno Realty to be Fairly Valued.
Key valuation signals for TRNO:
EV-to-FCF: 36.80 (39% below median its 10-year median of 60.77)
GF Value™: $69.94 vs. price of $65.07 (7% below fair value)
Industry Position: 69.3% above the REITs median (#550 of 731)
No single metric tells the full story. See the TRNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning, and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land.
94GF Score
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