Healthcare Realty Trust (FRA:HT0) Intrinsic Value: Projected FCF: €13.38 (As of Sep. 05, 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.

FRA:HT0 Healthcare Realty Trust Inc FRA:HT0
65 GF Score
Price €16.30
GF Value €13.58
! 5 Warning Signs
View Full Analysis

What is Healthcare Realty Trust Intrinsic Value: Projected FCF?

Healthcare Realty Trust FRA:HT0 -0.61% 65 Intrinsic Value: Projected FCF is €13.38 as of Sep. 05, 2026. GuruFocus rates FRA:HT0 with a GF Score™ of 65/100 and a GF Value™ of €13.58. The stock has 5 warning signs investors should review. Among 613 REITs companies, Healthcare Realty Trust ranks worse than 83.85% 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 (2026-09-05), Healthcare Realty Trust's Intrinsic Value: Projected FCF is €13.38. The stock price of Healthcare Realty Trust is €16.30. Therefore, Healthcare Realty Trust's Price-to-Intrinsic-Value-Projected-FCF of today is 1.2.

The historical rank and industry rank for Healthcare Realty Trust's Intrinsic Value: Projected FCF or its related term are showing as below:

FRA:HT0' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.77   Med: 1.34   Max: 1.99
Current: 1.21

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Healthcare Realty Trust was 1.99. The lowest was 0.77. And the median was 1.34.

FRA:HT0's Price-to-Projected-FCF is ranked worse than
83.85% of 613 companies
in the REITs industry
Industry Median: 0.65 vs FRA:HT0: 1.21

Healthcare Realty Trust  (FRA:HT0) 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.

Healthcare Realty Trust's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=16.30/13.742650999206
=1.19

* 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.


Healthcare Realty Trust Intrinsic Value: Projected FCF Related Terms


Healthcare Realty Trust Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Healthcare Realty Trust'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.

Healthcare Realty Trust Intrinsic Value: Projected FCF Chart

Healthcare Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.69 18.54 17.27 16.71 13.58

Healthcare Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 14.18 13.83 13.58 13.52 13.70

FRA:HT0 vs SBRA, CTRE, NHI: Intrinsic Value: Projected FCF Comparison

For the REIT - Healthcare Facilities subindustry, Healthcare Realty Trust'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.


Healthcare Realty Trust Price-to-Projected-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Healthcare Realty Trust's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Healthcare Realty Trust's Price-to-Projected-FCF falls into.


FRA:HT0
65GF Score
Healthcare Realty Trust Inc FRA:HT0
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Healthcare Realty Trust 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 Healthcare Realty Trust's Free Cash Flow(6 year avg) = €186.52.

Healthcare Realty Trust'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)
=(9.5203515959648*186.52+3660.484*0.8)/342.301
=13.74

* 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 €13.38 mean?
Healthcare Realty Trust (FRA:HT0) has a Intrinsic Value: Projected FCF of €13.38 as of Sep. 05, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Healthcare Realty Trust and its competitors. According to the industry distribution chart, Healthcare Realty Trust ranks #514 out of 613 companies in the REITs industry, placing it in the top 83.8%.
Is Healthcare Realty Trust's Intrinsic Value: Projected FCF too high?
Healthcare Realty Trust's current Intrinsic Value: Projected FCF is €13.38. Based on the distribution chart, Healthcare Realty Trust ranks #514 out of 613 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Healthcare Realty Trust has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Healthcare Realty Trust's Intrinsic Value: Projected FCF compare to SBRA and CTRE?
According to the REITs industry distribution chart, Healthcare Realty Trust ranks #514 out of 613 companies for Intrinsic Value: Projected FCF. This places Healthcare Realty Trust in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.65. 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 0.65, based on 613 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 Healthcare Realty Trust and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthcare Realty Trust's current Intrinsic Value: Projected FCF is €13.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthcare Realty Trust stock overvalued right now?
Healthcare Realty Trust (FRA:HT0) has a current Intrinsic Value: Projected FCF of €13.38. The stock's GF Value™ is €13.58, compared to a current price of €16.30 — trading 20% above its estimated fair value. The current Intrinsic Value: Projected FCF is €13.38. Healthcare Realty Trust's overall GF Score™ is 65/100 with 5 warning signs 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 Healthcare Realty Trust (FRA:HT0), the current Intrinsic Value: Projected FCF is €13.38 as of Sep. 05, 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 Healthcare Realty Trust (FRA:HT0) Overvalued in 2026?

Based on GuruFocus' analysis, Healthcare Realty Trust stock appears to be overvalued. The current stock price of €16.30 is trading 20% above its estimated GF Value™ of €13.58.

Key valuation signals for FRA:HT0:

  • Intrinsic Value: Projected FCF: €13.38
  • GF Value™: €13.58 vs. price of €16.30 (20% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the FRA:HT0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Healthcare Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges HR:USAHT0:Germany
Address 3310 West End Avenue, Suite 700, Nashville, TN, USA, 37203
Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.
65GF Score

Get the complete analysis for FRA:HT0

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

€16.30
Price
€13.58
GF Value