Keppel DC REIT (FRA:R09) FCF Margin %: 54.92% (As of Dec. 2025) — 12% Below Median


FRA:R09 Keppel DC REIT FRA:R09
63 GF Score
Price €1.50
GF Value €1.63
Valuation Fairly Valued
! 10 Warning Signs
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What is Keppel DC REIT FCF Margin %?

Keppel DC REIT FRA:R09 63 FCF Margin % is 54.92% as of Dec. 2025, which is 12% below its 10-year median of 62.60. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 warning signs investors should review. Among 936 REITs companies, Keppel DC REIT ranks better than 60.15% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Keppel DC REIT's Free Cash Flow for the six months ended in Dec. 2025 was €83.6 Mil. Keppel DC REIT's Revenue for the six months ended in Dec. 2025 was €152.2 Mil. Therefore, Keppel DC REIT's FCF Margin % for the quarter that ended in Dec. 2025 was 54.92%.

As of today, Keppel DC REIT's current FCF Yield % is 4.02%.

The historical rank and industry rank for Keppel DC REIT's FCF Margin % or its related term are showing as below:

FRA:R09' s FCF Margin % Range Over the Past 10 Years
Min: 42.03   Med: 62.6   Max: 79.14
Current: 50.68


During the past 12 years, the highest FCF Margin % of Keppel DC REIT was 79.14%. The lowest was 42.03%. And the median was 62.60%.

FRA:R09's FCF Margin % is ranked better than
60.15% of 936 companies
in the REITs industry
Industry Median: 40.025 vs FRA:R09: 50.68


Keppel DC REIT FCF Margin % Related Terms


Keppel DC REIT FCF Margin % Historical Data

* Premium members only.

The historical data trend for Keppel DC REIT's FCF Margin % 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.

Keppel DC REIT FCF Margin % Chart

Keppel DC REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.03 64.50 65.56 60.69 50.73

Keppel DC REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % 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 69.38 61.83 59.53 46.17 54.92

FRA:R09 vs BXP, ARE, VNO: FCF Margin % Comparison

For the REIT - Office subindustry, Keppel DC REIT's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


Keppel DC REIT FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Keppel DC REIT's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Keppel DC REIT's FCF Margin % falls into.


FRA:R09
63GF Score
Keppel DC REIT FRA:R09
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel DC REIT FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Keppel DC REIT's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=148.149/292.03
=50.73 %

Keppel DC REIT's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=83.599/152.216
=54.92 %

* 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 FCF Margin % →
What does a FCF Margin % of 54.92% mean?
Keppel DC REIT (FRA:R09) has a FCF Margin % of 54.92% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Keppel DC REIT and its competitors. This is 12% below median its historical median of 62.60. Over the past decade, Keppel DC REIT's FCF Margin % has ranged from 42.03 to 79.14. According to the industry distribution chart, Keppel DC REIT ranks #373 out of 936 companies in the REITs industry, placing it in the top 39.9%.
Is Keppel DC REIT's FCF Margin % too high?
Keppel DC REIT's current FCF Margin % of 54.92% is 12% below median its 10-year median of 62.60. Over the past 10 years, this metric has ranged from a low of 42.03 to a high of 79.14. The REITs industry median FCF Margin % is 40.03. Keppel DC REIT's value of 54.92% is 37.2% above this industry median. Based on the distribution chart, Keppel DC REIT ranks #373 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's FCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #373 out of 936 companies for FCF Margin %. This puts Keppel DC REIT in the upper half of its industry. The industry median FCF Margin % is 40.03. Keppel DC REIT's value of 54.92% is 37.2% above this benchmark. Historically, Keppel DC REIT's own FCF Margin % has ranged from 42.03 to 79.14 over the past decade. While the company's 10-year median is 62.60 vs. the industry median of 40.03, Keppel DC 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keppel DC REIT's current FCF Margin % of 54.92% is 37.2% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Keppel DC REIT and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel DC REIT's current FCF Margin % is 54.92%, which is 12% below median its own 10-year median of 62.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current FCF Margin % is 54.92%, which is 12% below median its 10-year median of 62.60 and 37.2% above the REITs industry median of 40.03. Keppel DC REIT's overall GF Score™ is 63/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Keppel DC REIT (FRA:R09), the current FCF Margin % is 54.92% as of Dec. 2025. 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued. The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63. GuruFocus considers Keppel DC REIT to be Fairly Valued.

Key valuation signals for FRA:R09:

  • FCF Margin %: 54.92% (12% below median its 10-year median of 62.60)
  • GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
  • GF Score™: 63/100 with 10 warning signs
  • Industry Position: 37.2% above the REITs median (#373 of 936)

No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keppel DC REIT Business Description

Industry Real EstateREITs
Other Exchanges KPDCF:USAAJBU:Singapore
Address 16 Collyer Quay, No. 07-01, Singapore, SGP, 049318
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score

Get the complete analysis for FRA:R09

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

€1.50
Price
€1.63
GF Value