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Independence Realty TrustFRA:5O2 72 Capex-to-Operating-Income is 1.08 as of Mar. 2026, which is 24% above its 10-year median of 0.87. GuruFocus rates FRA:5O2 with a GF Score™ of 72/100 and a GF Value™ of €14.36. The stock has 6 warning signs investors should review. Among 324 REITs companies, Independence Realty Trust ranks worse than 82.72% on this metric.
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.
Independence Realty Trust Capex-to-Operating-Income Related Terms
Independence Realty Trust Capex-to-Operating-Income Historical Data
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The historical data trend for Independence Realty Trust'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.
FRA:5O2 vs MRP, JAN, UMH: Capex-to-Operating-Income Comparison
For the REIT - Residential subindustry, Independence Realty Trust'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.
Independence Realty Trust Capex-to-Operating-Income vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust'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 1.08 mean?
Independence Realty Trust (FRA:5O2) has a Capex-to-Operating-Income of 1.08 as of Mar. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Independence Realty Trust and its competitors. This is 24% above median its historical median of 0.87. Over the past decade, Independence Realty Trust's Capex-to-Operating-Income has ranged from 0.27 to 1.57. According to the industry distribution chart, Independence Realty Trust ranks #268 out of 324 companies in the REITs industry, placing it in the top 82.7%.
Is Independence Realty Trust's Capex-to-Operating-Income too high?
Independence Realty Trust's current Capex-to-Operating-Income of 1.08 is 24% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.57. The REITs industry median Capex-to-Operating-Income is 0.30. Independence Realty Trust's value of 1.08 is 260% above this industry median. Based on the distribution chart, Independence Realty Trust ranks #268 out of 324 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Independence Realty Trust has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Capex-to-Operating-Income compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #268 out of 324 companies for Capex-to-Operating-Income. This places Independence Realty Trust in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.30. Independence Realty Trust's value of 1.08 is 260% above this benchmark. Historically, Independence Realty Trust's own Capex-to-Operating-Income has ranged from 0.27 to 1.57 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.30, Independence Realty Trust 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-Income for a REITs company?
The median Capex-to-Operating-Income among REITs companies is 0.30, based on 324 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. Independence Realty Trust's current Capex-to-Operating-Income of 1.08 is 260% 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 Independence Realty Trust 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. Independence Realty Trust's current Capex-to-Operating-Income is 1.08, which is 24% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Independence Realty Trust (FRA:5O2) has a current Capex-to-Operating-Income of 1.08. The stock's GF Value™ is €14.36, compared to a current price of €13.80 — trading 3.9% below its estimated fair value. The current Capex-to-Operating-Income is 1.08, which is 24% above median its 10-year median of 0.87 and 260% above the REITs industry median of 0.30. Independence Realty Trust's overall GF Score™ is 72/100 with 6 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 Independence Realty Trust (FRA:5O2), the current Capex-to-Operating-Income is 1.08 as of Mar. 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 Independence Realty Trust (FRA:5O2) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be undervalued.
The current stock price of €13.80 is trading 3.9% below its estimated GF Value™ of €14.36.
Key valuation signals for FRA:5O2:
Capex-to-Operating-Income: 1.08 (24% above median its 10-year median of 0.87)
GF Value™: €14.36 vs. price of €13.80 (3.9% below fair value)
Industry Position: 260% above the REITs median (#268 of 324)
No single metric tells the full story. See the FRA:5O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score
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