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TPG RE Finance TrustTRTX -2.81%51 EV-to-FCF is 44.43 as of Jul. 29, 2026, which is 37% above its 10-year median of 32.44. GuruFocus rates TRTX with a GF Score™ of 51/100 and a GF Value™ of $7.56 (Fairly Valued). The stock has 4 warning signs investors should review. Among 731 REITs companies, TPG RE Finance Trust ranks worse than 77.56% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TPG RE Finance Trust's Enterprise Value is $3,913.0 Mil.
TPG RE Finance Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $88.1 Mil. Therefore, TPG RE Finance Trust's EV-to-FCF for today is 44.43.
The historical rank and industry rank for TPG RE Finance Trust's EV-to-FCF or its related term are showing as below:
TRTX'
s EV-to-FCF Range Over the Past 10 Years
Min: 13.79 Med: 32.44 Max: 60.22
Current: 44.43
During the past 11 years, the highest EV-to-FCF of TPG RE Finance Trust was 60.22. The lowest was 13.79. And the median was 32.44.
TRTX's EV-to-FCF is ranked worse than 77.56% of 731
companies
in the REITs industry
Industry Median: 23.43
vs TRTX: 44.43
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.
TPG RE Finance Trust (NYSE:TRTX) 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.
TPG RE Finance Trust's PE Ratio (TTM) for today is calculated as:
TPG RE Finance Trust's share price for today is $8.30.
TPG RE Finance Trust'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 $0.630.
* 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.
TPG RE Finance Trust EV-to-FCF Related Terms
TPG RE Finance Trust EV-to-FCF Historical Data
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The historical data trend for TPG RE Finance Trust'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 - Mortgage subindustry, TPG RE Finance Trust'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.
TPG RE Finance Trust EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, TPG RE Finance Trust's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where TPG RE Finance Trust's EV-to-FCF falls into.
TPG RE Finance Trust's current Enterprise Value is $3,913.0 Mil.
TPG RE Finance Trust'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 $88.1 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.
TPG RE Finance Trust (TRTX) has a EV-to-FCF of 44.43 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TPG RE Finance Trust and its competitors. This is 37% above median its historical median of 32.44. Over the past decade, TPG RE Finance Trust's EV-to-FCF has ranged from 13.79 to 60.22. According to the industry distribution chart, TPG RE Finance Trust ranks #567 out of 731 companies in the REITs industry, placing it in the top 77.6%.
Is TPG RE Finance Trust's EV-to-FCF too high?
TPG RE Finance Trust's current EV-to-FCF of 44.43 is 37% above median its 10-year median of 32.44. Over the past 10 years, this metric has ranged from a low of 13.79 to a high of 60.22. The REITs industry median EV-to-FCF is 23.43. TPG RE Finance Trust's value of 44.43 is 89.6% above this industry median. Based on the distribution chart, TPG RE Finance Trust ranks #567 out of 731 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, TPG RE Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TPG RE Finance Trust's EV-to-FCF compare to BRSP and RWT?
According to the REITs industry distribution chart, TPG RE Finance Trust ranks #567 out of 731 companies for EV-to-FCF. This places TPG RE Finance Trust in the lower half of its industry. The industry median EV-to-FCF is 23.43. TPG RE Finance Trust's value of 44.43 is 89.6% above this benchmark. Historically, TPG RE Finance Trust's own EV-to-FCF has ranged from 13.79 to 60.22 over the past decade. While the company's 10-year median is 32.44 vs. the industry median of 23.43, TPG RE Finance Trust 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 23.43, 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. TPG RE Finance Trust's current EV-to-FCF of 44.43 is 89.6% 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 TPG RE Finance Trust 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. TPG RE Finance Trust's current EV-to-FCF is 44.43, which is 37% above median its own 10-year median of 32.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG RE Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, TPG RE Finance Trust (TRTX) is currently considered Fairly Valued. The stock's GF Value™ is $7.56, compared to a current price of $8.30 — trading 9.8% above its estimated fair value. The current EV-to-FCF is 44.43, which is 37% above median its 10-year median of 32.44 and 89.6% above the REITs industry median of 23.43. TPG RE Finance Trust's overall GF Score™ is 51/100 with 4 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 TPG RE Finance Trust (TRTX), the current EV-to-FCF is 44.43 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.
Is TPG RE Finance Trust (TRTX) Overvalued in 2026?
Based on GuruFocus' analysis, TPG RE Finance Trust stock appears to be overvalued.
The current stock price of $8.30 is trading 9.8% above its estimated GF Value™ of $7.56.
GuruFocus considers TPG RE Finance Trust to be Fairly Valued.
Key valuation signals for TRTX:
EV-to-FCF: 44.43 (37% above median its 10-year median of 32.44)
GF Value™: $7.56 vs. price of $8.30 (9.8% above fair value)
Industry Position: 89.6% above the REITs median (#567 of 731)
No single metric tells the full story. See the TRTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating-rate first mortgage loans that are secured by high-quality commercial real estate properties undergoing some form of transition and value creation.
51GF Score
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