Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) FCF Margin %: 47.83% (As of Mar. 2026) — 17% Below Median

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What is Starlight US Residential Fund (Multi-Family) Investment LP FCF Margin %?

Starlight US Residential Fund (Multi-Family) Investment LP TSXV:SURF.UN -12.50% FCF Margin % is 47.83% as of Mar. 2026, which is 17% below its 10-year median of 57.29. The stock has 5 warning signs investors should review. Among 924 REITs companies, Starlight US Residential Fund (Multi-Family) Investment LP ranks better than 75% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Starlight US Residential Fund (Multi-Family) Investment LP's Free Cash Flow for the three months ended in Mar. 2026 was C$3.31 Mil. Starlight US Residential Fund (Multi-Family) Investment LP's Revenue for the three months ended in Mar. 2026 was C$6.92 Mil. Therefore, Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % for the quarter that ended in Mar. 2026 was 47.83%.

As of today, Starlight US Residential Fund (Multi-Family) Investment LP's current FCF Yield % is 2,252.34%.

The historical rank and industry rank for Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % or its related term are showing as below:

TSXV:SURF.UN' s FCF Margin % Range Over the Past 10 Years
Min: 50.68   Med: 57.29   Max: 70.6
Current: 65.7


During the past 5 years, the highest FCF Margin % of Starlight US Residential Fund (Multi-Family) Investment LP was 70.60%. The lowest was 50.68%. And the median was 57.29%.

TSXV:SURF.UN's FCF Margin % is ranked better than
75% of 924 companies
in the REITs industry
Industry Median: 40.64 vs TSXV:SURF.UN: 65.70


Starlight US Residential Fund (Multi-Family) Investment LP FCF Margin % Related Terms


Starlight US Residential Fund (Multi-Family) Investment LP FCF Margin % Historical Data

* Premium members only.

The historical data trend for Starlight US Residential Fund (Multi-Family) Investment LP'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.

Starlight US Residential Fund (Multi-Family) Investment LP FCF Margin % Chart

Starlight US Residential Fund (Multi-Family) Investment LP Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
70.60 52.48 50.68 57.29 66.75

Starlight US Residential Fund (Multi-Family) Investment LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 60.64 61.36 63.77 90.47 47.83

TSXV:SURF.UN vs AVB, EQR, ESS: FCF Margin % Comparison

For the REIT - Residential subindustry, Starlight US Residential Fund (Multi-Family) Investment LP'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.


Starlight US Residential Fund (Multi-Family) Investment LP FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % falls into.



Starlight US Residential Fund (Multi-Family) Investment LP FCF Margin % Calculation

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

Starlight US Residential Fund (Multi-Family) Investment LP'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 )
=28.601/42.851
=66.75 %

Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3.309/6.918
=47.83 %

* 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 47.83% mean?
Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) has a FCF Margin % of 47.83% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Starlight US Residential Fund (Multi-Family) Investment LP and its competitors. This is 17% below median its historical median of 57.29. Over the past decade, Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % has ranged from 50.68 to 70.60. According to the industry distribution chart, Starlight US Residential Fund (Multi-Family) Investment LP ranks #231 out of 924 companies in the REITs industry, placing it in the top 25%.
Is Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % too high?
Starlight US Residential Fund (Multi-Family) Investment LP's current FCF Margin % of 47.83% is 17% below median its 10-year median of 57.29. Over the past 10 years, this metric has ranged from a low of 50.68 to a high of 70.60. The REITs industry median FCF Margin % is 40.64. Starlight US Residential Fund (Multi-Family) Investment LP's value of 47.83% is 17.7% above this industry median. Based on the distribution chart, Starlight US Residential Fund (Multi-Family) Investment LP ranks #231 out of 924 companies in the REITs industry, which is in the top quartile — a strong position relative to peers.
How does Starlight US Residential Fund (Multi-Family) Investment LP's FCF Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Starlight US Residential Fund (Multi-Family) Investment LP ranks #231 out of 924 companies for FCF Margin %. This places Starlight US Residential Fund (Multi-Family) Investment LP in the top 25% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 40.64. Starlight US Residential Fund (Multi-Family) Investment LP's value of 47.83% is 17.7% above this benchmark. Historically, Starlight US Residential Fund (Multi-Family) Investment LP's own FCF Margin % has ranged from 50.68 to 70.60 over the past decade. While the company's 10-year median is 57.29 vs. the industry median of 40.64, Starlight US Residential Fund (Multi-Family) Investment LP 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 40.64, based on 924 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. Starlight US Residential Fund (Multi-Family) Investment LP's current FCF Margin % of 47.83% is 17.7% 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 Starlight US Residential Fund (Multi-Family) Investment LP and its competitors. For the REITs industry, the median FCF Margin % is 40.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starlight US Residential Fund (Multi-Family) Investment LP's current FCF Margin % is 47.83%, which is 17% below median its own 10-year median of 57.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starlight US Residential Fund (Multi-Family) Investment LP stock overvalued right now?
Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) has a current FCF Margin % of 47.83%. The current FCF Margin % is 47.83%, which is 17% below median its 10-year median of 57.29 and 17.7% above the REITs industry median of 40.64. 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 Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN), the current FCF Margin % is 47.83% as of Mar. 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.

Starlight US Residential Fund (Multi-Family) Investment LP Business Description

Industry Real EstateREITs
Address 3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
Starlight US Residential Fund (Multi-Family) Investment LP is a "closed-end" trust. It operates as a real estate investment and asset management company that acquires, owns, and operates a portfolio of multifamily properties and single-family rental homes. The company evaluates properties based on pricing and local supply-and-demand conditions in relation to the fund's stated performance targets. Its portfolio includes properties located in Arizona, Florida, and North Carolina.