Real Estate Split (TSX:RS) EV-to-FCF: -17.11 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSX:RS Real Estate Split Corp TSX:RS
80 GF Score
Price C$10.58
GF Value C$11.22
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Real Estate Split EV-to-FCF?

Real Estate Split TSX:RS +1.05% 80 EV-to-FCF is -17.11 as of Jul. 14, 2026. GuruFocus rates TSX:RS with a GF Score™ of 80/100 and a GF Value™ of C$11.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 935 Asset Management companies, Real Estate Split ranks better than 98.93% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Real Estate Split's Enterprise Value is C$-106.60 Mil. Real Estate Split's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was C$6.23 Mil. Therefore, Real Estate Split's EV-to-FCF for today is -17.11.

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

TSX:RS' s EV-to-FCF Range Over the Past 10 Years
Min: -19.63   Med: 1.44   Max: 3.1
Current: -17.11

During the past 6 years, the highest EV-to-FCF of Real Estate Split was 3.10. The lowest was -19.63. And the median was 1.44.

TSX:RS's EV-to-FCF is ranked better than
98.93% of 935 companies
in the Asset Management industry
Industry Median: 14.49 vs TSX:RS: -17.11

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 (2026-07-14), Real Estate Split's stock price is C$10.58. Real Estate Split's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was C$0.936. Therefore, Real Estate Split's PE Ratio (TTM) for today is 11.30.


Real Estate Split  (TSX:RS) 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.

Real Estate Split's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.58/0.936
=11.30

Real Estate Split's share price for today is C$10.58.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was C$0.936.

* 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.


Real Estate Split EV-to-FCF Related Terms


Real Estate Split EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Real Estate Split'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.

Real Estate Split EV-to-FCF Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial 1.04 0.80 2.30 1.25 -19.66

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.30 0.00 1.25 0.00 -19.66

TSX:RS vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, Real Estate Split'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.


Real Estate Split EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Split's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Real Estate Split's EV-to-FCF falls into.


TSX:RS
80GF Score
Real Estate Split Corp TSX:RS
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Estate Split EV-to-FCF Calculation

Real Estate Split's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-106.600/6.23
=-17.11

Real Estate Split's current Enterprise Value is C$-106.60 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Real Estate Split's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was C$6.23 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 -17.11 mean?
Real Estate Split (TSX:RS) has a EV-to-FCF of -17.11 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Real Estate Split and its competitors. According to the industry distribution chart, Real Estate Split ranks #10 out of 935 companies in the Asset Management industry, placing it in the top 1.1%.
Is Real Estate Split's EV-to-FCF too high?
Real Estate Split's current EV-to-FCF is -17.11. Based on the distribution chart, Real Estate Split ranks #10 out of 935 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Real Estate Split has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Real Estate Split ranks #10 out of 935 companies for EV-to-FCF. This places Real Estate Split in the top 1% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.49. 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 an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.49, based on 935 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. 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 Real Estate Split and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Estate Split's current EV-to-FCF is -17.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Fairly Valued. The stock's GF Value™ is C$11.22, compared to a current price of C$10.58 — trading 5.7% below its estimated fair value. The current EV-to-FCF is -17.11. Real Estate Split's overall GF Score™ is 80/100 with 7 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 Real Estate Split (TSX:RS), the current EV-to-FCF is -17.11 as of Jul. 14, 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 Real Estate Split (TSX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued. The current stock price of C$10.58 is trading 5.7% below its estimated GF Value™ of C$11.22. GuruFocus considers Real Estate Split to be Fairly Valued.

Key valuation signals for TSX:RS:

  • EV-to-FCF: -17.11
  • GF Value™: C$11.22 vs. price of C$10.58 (5.7% below fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the TSX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Real Estate Split Business Description

Other Exchanges RS.PR.A.PFD:Canada
Address 8 Spadina Avenue, The Well, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
80GF Score

Get the complete analysis for TSX:RS

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

C$10.58
Price
C$11.22
GF Value