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Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
Healthpeak Properties Capex-to-Operating-Income Related Terms
Healthpeak Properties Capex-to-Operating-Income Historical Data
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The historical data trend for Healthpeak Properties's Capex-to-Operating-Income 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.
DOC vs OHI, AHR, CTRE: Capex-to-Operating-Income Comparison
For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.
Healthpeak Properties Capex-to-Operating-Income vs REITs Industry
For the REITs industry and Real Estate sector, Healthpeak Properties's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Healthpeak Properties's Capex-to-Operating-Income falls into.
* 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-Income of 0.31 mean?
Healthpeak Properties (DOC) has a Capex-to-Operating-Income of 0.31 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Healthpeak Properties and its competitors. According to the industry distribution chart, Healthpeak Properties ranks #999999 out of 321 companies in the REITs industry.
Is Healthpeak Properties' Capex-to-Operating-Income too high?
Healthpeak Properties' current Capex-to-Operating-Income is 0.31. The REITs industry median Capex-to-Operating-Income is 0.30. Healthpeak Properties' value of 0.31 is 3.3% above this industry median. Based on the distribution chart, Healthpeak Properties ranks #999999 out of 321 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Healthpeak Properties has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Healthpeak Properties' Capex-to-Operating-Income compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #999999 out of 321 companies for Capex-to-Operating-Income. This places Healthpeak Properties in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.30. Healthpeak Properties' value of 0.31 is 3.3% above this benchmark. 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-Income for a REITs company?
The median Capex-to-Operating-Income among REITs companies is 0.30, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current Capex-to-Operating-Income of 0.31 is 3.3% 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-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Healthpeak Properties and its competitors. For the REITs industry, the median Capex-to-Operating-Income is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current Capex-to-Operating-Income is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthpeak Properties stock overvalued right now?
Based on GuruFocus' analysis, Healthpeak Properties (DOC) is currently considered Fairly Valued. The stock's GF Value™ is $20.16, compared to a current price of $20.16 — trading right at its estimated fair value. The current Capex-to-Operating-Income is 0.31 and 3.3% above the REITs industry median of 0.30. Healthpeak Properties' overall GF Score™ is 81/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current Capex-to-Operating-Income is 0.31 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 Healthpeak Properties (DOC) Overvalued in 2026?
Based on GuruFocus' analysis, Healthpeak Properties stock appears to be undervalued.
The current stock price of $20.16 is trading 0% below its estimated GF Value™ of $20.16.
GuruFocus considers Healthpeak Properties to be Fairly Valued.
Key valuation signals for DOC:
Capex-to-Operating-Income: 0.31
GF Value™: $20.16 vs. price of $20.16 (0% below fair value)
Industry Position: 3.3% above the REITs median (#999999 of 321)
No single metric tells the full story. See the DOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Healthpeak owns a diversified healthcare portfolio of approximately 700 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
81GF Score
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