Aims Property Securities Fund (ASX:APW) Intrinsic Value: Projected FCF: A$4.03 (As of Sep. 16, 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.

ASX:APW Aims Property Securities Fund ASX:APW
36 GF Score
Price A$3.90
! 1 Warning Sign
View Full Analysis

What is Aims Property Securities Fund Intrinsic Value: Projected FCF?

Aims Property Securities Fund ASX:APW 36 Intrinsic Value: Projected FCF is A$4.03 as of Sep. 16, 2026. GuruFocus rates ASX:APW with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 616 REITs companies, Aims Property Securities Fund ranks worse than 72.73% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-16), Aims Property Securities Fund's Intrinsic Value: Projected FCF is A$4.03. The stock price of Aims Property Securities Fund is A$3.90. Therefore, Aims Property Securities Fund's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

The historical rank and industry rank for Aims Property Securities Fund's Intrinsic Value: Projected FCF or its related term are showing as below:

ASX:APW' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.4   Med: 0.47   Max: 0.97
Current: 0.97

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Aims Property Securities Fund was 0.97. The lowest was 0.40. And the median was 0.47.

ASX:APW's Price-to-Projected-FCF is ranked worse than
72.73% of 616 companies
in the REITs industry
Industry Median: 0.63 vs ASX:APW: 0.97

Aims Property Securities Fund  (ASX:APW) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Aims Property Securities Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=3.90/4.550107840007
=0.86

* 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.


Aims Property Securities Fund Intrinsic Value: Projected FCF Related Terms


Aims Property Securities Fund Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Aims Property Securities Fund's Intrinsic Value: Projected 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.

Aims Property Securities Fund Intrinsic Value: Projected FCF Chart

Aims Property Securities Fund Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Aims Property Securities Fund Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Intrinsic Value: Projected 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 0.00 0.00 0.00 0.00 0.00

ASX:APW vs VICI, WPC, BNL: Intrinsic Value: Projected FCF Comparison

For the REIT - Diversified subindustry, Aims Property Securities Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Aims Property Securities Fund Price-to-Projected-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Aims Property Securities Fund's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Aims Property Securities Fund's Price-to-Projected-FCF falls into.


ASX:APW
36GF Score
Aims Property Securities Fund ASX:APW
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aims Property Securities Fund Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Aims Property Securities Fund's Free Cash Flow(6 year avg) = A$0.06.

Aims Property Securities Fund's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(11.936106726364*0.059571428571429+252.319*0.8)/44.519
=4.55

* 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.

What does a Intrinsic Value: Projected FCF of A$4.03 mean?
Aims Property Securities Fund (ASX:APW) has a Intrinsic Value: Projected FCF of A$4.03 as of Sep. 16, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Aims Property Securities Fund and its competitors. According to the industry distribution chart, Aims Property Securities Fund ranks #448 out of 616 companies in the REITs industry, placing it in the top 72.7%.
Is Aims Property Securities Fund's Intrinsic Value: Projected FCF too high?
Aims Property Securities Fund's current Intrinsic Value: Projected FCF is A$4.03. Based on the distribution chart, Aims Property Securities Fund ranks #448 out of 616 companies in the REITs industry, which is below the industry midpoint. Overall, Aims Property Securities Fund has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Aims Property Securities Fund's Intrinsic Value: Projected FCF compare to VICI and WPC?
According to the REITs industry distribution chart, Aims Property Securities Fund ranks #448 out of 616 companies for Intrinsic Value: Projected FCF. This places Aims Property Securities Fund in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.63, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Aims Property Securities Fund and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aims Property Securities Fund's current Intrinsic Value: Projected FCF is A$4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aims Property Securities Fund stock overvalued right now?
Aims Property Securities Fund (ASX:APW) has a current Intrinsic Value: Projected FCF of A$4.03. The current Intrinsic Value: Projected FCF is A$4.03. Aims Property Securities Fund's overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Aims Property Securities Fund (ASX:APW), the current Intrinsic Value: Projected FCF is A$4.03 as of Sep. 16, 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.

Aims Property Securities Fund Business Description

Industry Real EstateREITs
Address 259 George Street, Level 41, Sydney, NSW, AUS, 2000
Aims Property Securities Fund is an Australia-based diversified real estate securities fund listed on the Australian Securities Exchange (ASX). It invests prominently in listed and unlisted property trusts, listed property-related companies, and mortgage funds across various property sectors and geographic locations. The fund aims to provide investors with regular quarterly income and long-term capital growth potential. It maintains a portfolio managed by multiple fund managers and follows prudent investment principles emphasizing conservative gearing and liquidity. Revenue is generated through income distributions and capital appreciation of its property investments.
36GF Score

Get the complete analysis for ASX:APW

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

A$3.90
Price