SWPFF (Swire Properties) Capex-to-Operating-Cash-Flow: 0.02 (As of Jun. 2026) — 50% Below Median

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.

SWPFF Swire Properties Ltd SWPFF
67 GF Score
Price $3.20
GF Value $2.56
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Swire Properties Capex-to-Operating-Cash-Flow?

Swire Properties SWPFF 67 Capex-to-Operating-Cash-Flow is 0.02 as of Jun. 2026, which is 50% below its 10-year median of 0.04. GuruFocus rates SWPFF with a GF Score™ of 67/100 and a GF Value™ of $2.56 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 729 Real Estate companies, Swire Properties ranks better than 76.13% 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.

Swire Properties's Capital Expenditure for the six months ended in Jun. 2026 was $-13.78 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2026 was $666.27 Mil.

Hence, Swire Properties's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2026 was 0.02.


Swire Properties  (OTCPK:SWPFF) 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.


Swire Properties Capex-to-Operating-Cash-Flow Related Terms


Swire Properties Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Swire Properties'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.

Swire Properties Capex-to-Operating-Cash-Flow Chart

Swire Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.05 0.09 0.03

Swire Properties Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.05 0.15 0.02 0.05 0.02

SWPFF vs CBRE, BEKE, JLL: Capex-to-Operating-Cash-Flow Comparison

For the Real Estate Services subindustry, Swire Properties'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.


Swire Properties Capex-to-Operating-Cash-Flow vs Real Estate Industry

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

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


SWPFF
67GF Score
Swire Properties Ltd SWPFF
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swire Properties Capex-to-Operating-Cash-Flow Calculation

Swire Properties's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-28.917) / 960.184
=0.03

Swire Properties's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-13.78) / 666.267
=0.02

* 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 0.02 mean?
Swire Properties (SWPFF) has a Capex-to-Operating-Cash-Flow of 0.02 as of Jun. 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 Swire Properties and its competitors. This is 50% below median its historical median of 0.04. Over the past decade, Swire Properties' Capex-to-Operating-Cash-Flow has ranged from 0.02 to 0.09. According to the industry distribution chart, Swire Properties ranks #174 out of 729 companies in the Real Estate industry, placing it in the top 23.9%.
Is Swire Properties' Capex-to-Operating-Cash-Flow too high?
Swire Properties' current Capex-to-Operating-Cash-Flow of 0.02 is 50% below median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.09. The Real Estate industry median Capex-to-Operating-Cash-Flow is 0.09. Swire Properties' value of 0.02 is 77.8% below this industry median. Based on the distribution chart, Swire Properties ranks #174 out of 729 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Swire Properties has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swire Properties' Capex-to-Operating-Cash-Flow compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Swire Properties ranks #174 out of 729 companies for Capex-to-Operating-Cash-Flow. This places Swire Properties in the top 24% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Cash-Flow is 0.09. Swire Properties' value of 0.02 is 77.8% below this benchmark. Historically, Swire Properties' own Capex-to-Operating-Cash-Flow has ranged from 0.02 to 0.09 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.09, Swire Properties has consistently been below 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 Real Estate company?
The median Capex-to-Operating-Cash-Flow among Real Estate companies is 0.09, based on 729 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. Swire Properties's current Capex-to-Operating-Cash-Flow of 0.02 is 77.8% below 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 Swire Properties and its competitors. For the Real Estate industry, the median Capex-to-Operating-Cash-Flow is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swire Properties's current Capex-to-Operating-Cash-Flow is 0.02, which is 50% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Properties stock overvalued right now?
Based on GuruFocus' analysis, Swire Properties (SWPFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.56, compared to a current price of $3.20 — trading 25% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.02, which is 50% below median its 10-year median of 0.04 and 77.8% below the Real Estate industry median of 0.09. Swire Properties' overall GF Score™ is 67/100 with 7 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 Swire Properties (SWPFF), the current Capex-to-Operating-Cash-Flow is 0.02 as of Jun. 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 Swire Properties (SWPFF) Overvalued in 2026?

Based on GuruFocus' analysis, Swire Properties stock appears to be overvalued. The current stock price of $3.20 is trading 25% above its estimated GF Value™ of $2.56. GuruFocus considers Swire Properties to be Modestly Overvalued.

Key valuation signals for SWPFF:

  • Capex-to-Operating-Cash-Flow: 0.02 (50% below median its 10-year median of 0.04)
  • GF Value™: $2.56 vs. price of $3.20 (25% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 77.8% below the Real Estate median (#174 of 729)

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


Swire Properties Business Description

Other Exchanges 01972:Hong KongSW9:Germany
Address 88 Queensway, 31st Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of grade A office contributing over 9 million square feet. The firm also holds investment properties and development projects in China, the United States, and Southeast Asia. Rental income accounts for more than 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 83% stake.
67GF Score

Get the complete analysis for SWPFF

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

$3.20
Price
$2.56
GF Value