Industrial & Infrastructure Fund Investment (FRA:2ES) Change In Working Capital: €45.4 Mil (TTM As of Jan. 2026)

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FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
76 GF Score
Price €760.00
GF Value €768.49
! 7 Warning Signs
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What is Industrial & Infrastructure Fund Investment Change In Working Capital?

Industrial & Infrastructure Fund Investment FRA:2ES +0.66% 76 Change In Working Capital is €45.4 Mil as of Jan. 2026. GuruFocus rates FRA:2ES with a GF Score™ of 76/100 and a GF Value™ of €768.49. The stock has 7 warning signs investors should review.

Industrial & Infrastructure Fund Investment's change in working capital for the quarter that ended in Jan. 2026 was €3.2 Mil.

Industrial & Infrastructure Fund Investment's change in working capital for the fiscal year that ended in Jul. 2025 was €69.0 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Industrial & Infrastructure Fund Investment Change In Working Capital Related Terms

Industrial & Infrastructure Fund Investment Change In Working Capital Historical Data

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The historical data trend for Industrial & Infrastructure Fund Investment's Change In Working Capital 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.

Industrial & Infrastructure Fund Investment Change In Working Capital Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.36 66.02 10.74 47.28 68.98

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Change In Working Capital 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 16.37 32.01 28.31 42.28 3.16
FRA:2ES
76GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial & Infrastructure Fund Investment Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €45.4 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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 Change In Working Capital of €45.4 Mil mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a Change In Working Capital of €45.4 Mil as of Jan. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Industrial & Infrastructure Fund Investment.
Is Industrial & Infrastructure Fund Investment's Change In Working Capital too high?
Industrial & Infrastructure Fund Investment's current Change In Working Capital is €45.4 Mil. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's Change In Working Capital compare to PLD and PSA?
Industrial & Infrastructure Fund Investment's Change In Working Capital of €45.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a REITs company?
A good Change In Working Capital depends on the REITs industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Industrial & Infrastructure Fund Investment. Industrial & Infrastructure Fund Investment's current Change In Working Capital is €45.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current Change In Working Capital of €45.4 Mil. The stock's GF Value™ is €768.49, compared to a current price of €760.00 — trading 1.1% below its estimated fair value. The current Change In Working Capital is €45.4 Mil. Industrial & Infrastructure Fund Investment's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Industrial & Infrastructure Fund Investment (FRA:2ES), the current Change In Working Capital is €45.4 Mil as of Jan. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be undervalued. The current stock price of €760.00 is trading 1.1% below its estimated GF Value™ of €768.49.

Key valuation signals for FRA:2ES:

  • Change In Working Capital: €45.4 Mil
  • GF Value™: €768.49 vs. price of €760.00 (1.1% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
76GF Score

Get the complete analysis for FRA:2ES

Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€760.00
Price
€768.49
GF Value