Orix JreitFRA:O2F +1.98%64 Capex-to-Operating-Income is 2.19 as of Feb. 2026, which is 65% above its 10-year median of 1.33. GuruFocus rates FRA:O2F with a GF Score™ of 64/100 and a GF Value™ of €527.43. The stock has 9 warning signs investors should review. Among 325 REITs companies, Orix Jreit ranks worse than 93.23% 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.
Orix Jreit Capex-to-Operating-Income Related Terms
Orix Jreit Capex-to-Operating-Income Historical Data
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The historical data trend for Orix Jreit'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:O2F vs BXP, ARE, VNO: Capex-to-Operating-Income Comparison
For the REIT - Office subindustry, Orix Jreit'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.
Orix Jreit Capex-to-Operating-Income vs REITs Industry
For the REITs industry and Real Estate sector, Orix Jreit's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Orix Jreit'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 2.19 mean?
Orix Jreit (FRA:O2F) has a Capex-to-Operating-Income of 2.19 as of Feb. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Orix Jreit and its competitors. This is 65% above median its historical median of 1.33. Over the past decade, Orix Jreit's Capex-to-Operating-Income has ranged from 0.29 to 4.13. According to the industry distribution chart, Orix Jreit ranks #303 out of 325 companies in the REITs industry, placing it in the top 93.2%.
Is Orix Jreit's Capex-to-Operating-Income too high?
Orix Jreit's current Capex-to-Operating-Income of 2.19 is 65% above median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 4.13. The REITs industry median Capex-to-Operating-Income is 0.29. Orix Jreit's value of 2.19 is 655.2% above this industry median. Based on the distribution chart, Orix Jreit ranks #303 out of 325 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orix Jreit has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Capex-to-Operating-Income compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #303 out of 325 companies for Capex-to-Operating-Income. This places Orix Jreit in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.29. Orix Jreit's value of 2.19 is 655.2% above this benchmark. Historically, Orix Jreit's own Capex-to-Operating-Income has ranged from 0.29 to 4.13 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 0.29, 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-Income for a REITs company?
The median Capex-to-Operating-Income among REITs companies is 0.29, based on 325 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. Orix Jreit's current Capex-to-Operating-Income of 2.19 is 655.2% 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 Orix Jreit and its competitors. For the REITs industry, the median Capex-to-Operating-Income is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Capex-to-Operating-Income is 2.19, which is 65% above median its own 10-year median of 1.33. 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-Income of 2.19. The stock's GF Value™ is €527.43, compared to a current price of €515.00 — trading 2.4% below its estimated fair value. The current Capex-to-Operating-Income is 2.19, which is 65% above median its 10-year median of 1.33 and 655.2% above the REITs industry median of 0.29. Orix Jreit's overall GF Score™ is 64/100 with 9 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 Orix Jreit (FRA:O2F), the current Capex-to-Operating-Income is 2.19 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 2.4% below its estimated GF Value™ of €527.43.
Key valuation signals for FRA:O2F:
Capex-to-Operating-Income: 2.19 (65% above median its 10-year median of 1.33)
GF Value™: €527.43 vs. price of €515.00 (2.4% below fair value)
Industry Position: 655.2% above the REITs median (#303 of 325)
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 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.
64GF Score
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