Intercapital Property Development REIT (WAR:ICD) EV-to-FCF: 46.88 (As of Jul. 06, 2026) — 52% Above Median


WAR:ICD Intercapital Property Development REIT WAR:ICD
27 GF Score
Price zł0.93
GF Value zł0.58
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Intercapital Property Development REIT EV-to-FCF?

Intercapital Property Development REIT WAR:ICD 27 EV-to-FCF is 46.88 as of Jul. 06, 2026, which is 52% above its 10-year median of 30.94. GuruFocus rates WAR:ICD with a GF Score™ of 27/100 and a GF Value™ of zł0.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 741 REITs companies, Intercapital Property Development REIT ranks worse than 79.35% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Intercapital Property Development REIT's Enterprise Value is zł35.72 Mil. Intercapital Property Development REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.76 Mil. Therefore, Intercapital Property Development REIT's EV-to-FCF for today is 46.88.

The historical rank and industry rank for Intercapital Property Development REIT's EV-to-FCF or its related term are showing as below:

WAR:ICD' s EV-to-FCF Range Over the Past 10 Years
Min: -1949.86   Med: 30.94   Max: 2559.93
Current: 47.33

During the past 13 years, the highest EV-to-FCF of Intercapital Property Development REIT was 2559.93. The lowest was -1949.86. And the median was 30.94.

WAR:ICD's EV-to-FCF is ranked worse than
79.35% of 741 companies
in the REITs industry
Industry Median: 22.97 vs WAR:ICD: 47.33

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 (2026-07-06), Intercapital Property Development REIT's stock price is zł0.925. Intercapital Property Development REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.029. Therefore, Intercapital Property Development REIT's PE Ratio (TTM) for today is 31.90.


Intercapital Property Development REIT  (WAR:ICD) 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.

Intercapital Property Development REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.925/0.029
=31.90

Intercapital Property Development REIT's share price for today is zł0.925.
Intercapital Property Development REIT'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 zł0.029.

* 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.


Intercapital Property Development REIT EV-to-FCF Related Terms


Intercapital Property Development REIT EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Intercapital Property Development REIT'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.

Intercapital Property Development REIT EV-to-FCF Chart

Intercapital Property Development REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.83 168.32 71.01 -72.49 63.12

Intercapital Property Development REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.61 -33.31 -33.45 63.12 65.39

WAR:ICD vs VICI, WPC, BNL: EV-to-FCF Comparison

For the REIT - Diversified subindustry, Intercapital Property Development REIT'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.


Intercapital Property Development REIT EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Intercapital Property Development REIT's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Intercapital Property Development REIT's EV-to-FCF falls into.


WAR:ICD
27GF Score
Intercapital Property Development REIT WAR:ICD
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercapital Property Development REIT EV-to-FCF Calculation

Intercapital Property Development REIT's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=35.722/0.762
=46.88

Intercapital Property Development REIT's current Enterprise Value is zł35.72 Mil.
Intercapital Property Development REIT'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 zł0.76 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 46.88 mean?
Intercapital Property Development REIT (WAR:ICD) has a EV-to-FCF of 46.88 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Intercapital Property Development REIT and its competitors. This is 52% above median its historical median of 30.94. According to the industry distribution chart, Intercapital Property Development REIT ranks #588 out of 741 companies in the REITs industry, placing it in the top 79.4%.
Is Intercapital Property Development REIT's EV-to-FCF too high?
Intercapital Property Development REIT's current EV-to-FCF of 46.88 is 52% above median its 10-year median of 30.94. The REITs industry median EV-to-FCF is 22.97. Intercapital Property Development REIT's value of 46.88 is 104.1% above this industry median. Based on the distribution chart, Intercapital Property Development REIT ranks #588 out of 741 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Intercapital Property Development REIT has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intercapital Property Development REIT's EV-to-FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Intercapital Property Development REIT ranks #588 out of 741 companies for EV-to-FCF. This places Intercapital Property Development REIT in the lower half of its industry. The industry median EV-to-FCF is 22.97. Intercapital Property Development REIT's value of 46.88 is 104.1% above this benchmark. While the company's 10-year median is 30.94 vs. the industry median of 22.97, Intercapital Property Development REIT 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 22.97, based on 741 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. Intercapital Property Development REIT's current EV-to-FCF of 46.88 is 104.1% 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 Intercapital Property Development REIT and its competitors. For the REITs industry, the median EV-to-FCF is 22.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercapital Property Development REIT's current EV-to-FCF is 46.88, which is 52% above median its own 10-year median of 30.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercapital Property Development REIT stock overvalued right now?
Based on GuruFocus' analysis, Intercapital Property Development REIT (WAR:ICD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.58, compared to a current price of zł0.93 — trading 59.5% above its estimated fair value. The current EV-to-FCF is 46.88, which is 52% above median its 10-year median of 30.94 and 104.1% above the REITs industry median of 22.97. Intercapital Property Development REIT's overall GF Score™ is 27/100 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 Intercapital Property Development REIT (WAR:ICD), the current EV-to-FCF is 46.88 as of Jul. 06, 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 Intercapital Property Development REIT (WAR:ICD) Overvalued in 2026?

Based on GuruFocus' analysis, Intercapital Property Development REIT stock appears to be overvalued. The current stock price of zł0.93 is trading 59.5% above its estimated GF Value™ of zł0.58. GuruFocus considers Intercapital Property Development REIT to be Significantly Overvalued.

Key valuation signals for WAR:ICD:

  • EV-to-FCF: 46.88 (52% above median its 10-year median of 30.94)
  • GF Value™: zł0.58 vs. price of zł0.93 (59.5% above fair value)
  • GF Score™: 27/100 with 5 warning signs
  • Industry Position: 104.1% above the REITs median (#588 of 741)

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


Intercapital Property Development REIT Business Description

Industry Real EstateREITs
Other Exchanges ICPD:Bulgaria
Address 6 Dobrudzha Street, 1st Floor, Sofia, BGR, 1000
Intercapital Property Development REIT is an investment company for real estate securitization. The company functions as a collective investment scheme for real estate investments, and its investment projects include Marina Cape and Grand Borovetz. Its operations are conducted throughout Bulgaria.
27GF Score

Get the complete analysis for WAR:ICD

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

zł0.93
Price
zł0.58
GF Value