Orix Jreit (FRA:O2F) Capex-to-Operating-Cash-Flow: 1.40 (As of Feb. 2026) — 69% Above Median


FRA:O2F Orix Jreit Inc FRA:O2F
66 GF Score
Price €515.00
GF Value €527.32
! 8 Warning Signs
View Full Analysis

What is Orix Jreit Capex-to-Operating-Cash-Flow?

Orix Jreit FRA:O2F +1.98% 66 Capex-to-Operating-Cash-Flow is 1.40 as of Feb. 2026, which is 69% above its 10-year median of 0.83. GuruFocus rates FRA:O2F with a GF Score™ of 66/100 and a GF Value™ of €527.32. The stock has 8 warning signs investors should review. Among 343 REITs companies, Orix Jreit ranks worse than 93.29% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Orix Jreit's Capital Expenditure for the six months ended in Feb. 2026 was €-193.92 Mil. Its Cash Flow from Operations for the six months ended in Feb. 2026 was €138.19 Mil.

Hence, Orix Jreit's Capex-to-Operating-Cash-Flow for the six months ended in Feb. 2026 was 1.40.


Orix Jreit  (FRA:O2F) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Orix Jreit Capex-to-Operating-Cash-Flow Related Terms


Orix Jreit Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Orix Jreit's Capex-to-Operating-Cash-Flow 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.

Orix Jreit Capex-to-Operating-Cash-Flow Chart

Orix Jreit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.34 0.52 1.07 1.46

Orix Jreit Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Capex-to-Operating-Cash-Flow 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 0.76 1.54 0.24 2.43 1.40

FRA:O2F vs BXP, ARE, VNO: Capex-to-Operating-Cash-Flow Comparison

For the REIT - Office subindustry, Orix Jreit's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.


Orix Jreit Capex-to-Operating-Cash-Flow vs REITs Industry

For the REITs industry and Real Estate sector, Orix Jreit's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Orix Jreit's Capex-to-Operating-Cash-Flow falls into.


FRA:O2F
66GF Score
Orix Jreit Inc FRA:O2F
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orix Jreit Capex-to-Operating-Cash-Flow Calculation

Orix Jreit's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Aug. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-294.1) / 201.088
=1.46

Orix Jreit's Capex-to-Operating-Cash-Flow for the quarter that ended in Feb. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-193.918) / 138.189
=1.40

* 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 Capex-to-Operating-Cash-Flow of 1.40 mean?
Orix Jreit (FRA:O2F) has a Capex-to-Operating-Cash-Flow of 1.40 as of Feb. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Orix Jreit and its competitors. This is 69% above median its historical median of 0.83. Over the past decade, Orix Jreit's Capex-to-Operating-Cash-Flow has ranged from 0.19 to 2.55. According to the industry distribution chart, Orix Jreit ranks #320 out of 343 companies in the REITs industry, placing it in the top 93.3%.
Is Orix Jreit's Capex-to-Operating-Cash-Flow too high?
Orix Jreit's current Capex-to-Operating-Cash-Flow of 1.40 is 69% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.55. The REITs industry median Capex-to-Operating-Cash-Flow is 0.28. Orix Jreit's value of 1.40 is 400% above this industry median. Based on the distribution chart, Orix Jreit ranks #320 out of 343 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orix Jreit has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Capex-to-Operating-Cash-Flow compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #320 out of 343 companies for Capex-to-Operating-Cash-Flow. This places Orix Jreit in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.28. Orix Jreit's value of 1.40 is 400% above this benchmark. Historically, Orix Jreit's own Capex-to-Operating-Cash-Flow has ranged from 0.19 to 2.55 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.28, Orix Jreit 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 Capex-to-Operating-Cash-Flow for a REITs company?
The median Capex-to-Operating-Cash-Flow among REITs companies is 0.28, based on 343 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orix Jreit's current Capex-to-Operating-Cash-Flow of 1.40 is 400% 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 Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Orix Jreit and its competitors. For the REITs industry, the median Capex-to-Operating-Cash-Flow is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Capex-to-Operating-Cash-Flow is 1.40, which is 69% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Orix Jreit (FRA:O2F) has a current Capex-to-Operating-Cash-Flow of 1.40. The stock's GF Value™ is €527.32, compared to a current price of €515.00 — trading 2.3% below its estimated fair value. The current Capex-to-Operating-Cash-Flow is 1.40, which is 69% above median its 10-year median of 0.83 and 400% above the REITs industry median of 0.28. Orix Jreit's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Orix Jreit (FRA:O2F), the current Capex-to-Operating-Cash-Flow is 1.40 as of Feb. 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 Orix Jreit (FRA:O2F) Overvalued in 2026?

Based on GuruFocus' analysis, Orix Jreit stock appears to be undervalued. The current stock price of €515.00 is trading 2.3% below its estimated GF Value™ of €527.32.

Key valuation signals for FRA:O2F:

  • Capex-to-Operating-Cash-Flow: 1.40 (69% above median its 10-year median of 0.83)
  • GF Value™: €527.32 vs. price of €515.00 (2.3% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 400% above the REITs median (#320 of 343)

No single metric tells the full story. See the FRA:O2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orix Jreit Business Description

Industry Real EstateREITs
Other Exchanges 8954:Japan
Address 2-3-1 Hamamatsucho, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
66GF Score

Get the complete analysis for FRA:O2F

Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€515.00
Price
€527.32
GF Value