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The historical rank and industry rank for Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
IVREF'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.17 Med: 1.77 Max: 6.26
Current: 1.79
During the past years, Inovalis Real Estate Investment Trust's highest Cyclically Adjusted Price-to-FCF was 6.26. The lowest was 1.17. And the median was 1.77.
IVREF's Cyclically Adjusted Price-to-FCF is ranked better than 95.66% of 438
companies
in the REITs industry
Industry Median: 12.22
vs IVREF: 1.79
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
Inovalis Real Estate Investment Trust's adjusted free cash flow per share data for the three months ended in Jun. 2026 was $-0.083. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.37 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Inovalis Real Estate Investment Trust (OTCPK:IVREF) Cyclically Adjusted Price-to-FCF Explanation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Inovalis Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Related Terms
Inovalis Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Historical Data
* 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.
Inovalis Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Chart
IVREF vs BXP, ARE, VNO: Cyclically Adjusted Price-to-FCF Comparison
For the REIT - Office subindustry, Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.
Inovalis Real Estate Investment Trust Cyclically Adjusted Price-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF falls into.
Inovalis Real Estate Investment Trust Cyclically Adjusted Price-to-FCF Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted Price-to-FCF of 1.61 mean?
Inovalis Real Estate Investment Trust (IVREF) has a Cyclically Adjusted Price-to-FCF of 1.61 as of Sep. 22, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Inovalis Real Estate Investment Trust and its competitors. This is near median its historical median of 1.77. Over the past decade, Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF has ranged from 1.17 to 6.26. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #19 out of 438 companies in the REITs industry, placing it in the top 4.3%.
Is Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF too high?
Inovalis Real Estate Investment Trust's current Cyclically Adjusted Price-to-FCF of 1.61 is near median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 6.26. The REITs industry median Cyclically Adjusted Price-to-FCF is 12.22. Inovalis Real Estate Investment Trust's value of 1.61 is 86.8% below this industry median. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #19 out of 438 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Inovalis Real Estate Investment Trust has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Cyclically Adjusted Price-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #19 out of 438 companies for Cyclically Adjusted Price-to-FCF. This places Inovalis Real Estate Investment Trust in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 12.22. Inovalis Real Estate Investment Trust's value of 1.61 is 86.8% below this benchmark. Historically, Inovalis Real Estate Investment Trust's own Cyclically Adjusted Price-to-FCF has ranged from 1.17 to 6.26 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 12.22, Inovalis Real Estate Investment Trust 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 Cyclically Adjusted Price-to-FCF for a REITs company?
The median Cyclically Adjusted Price-to-FCF among REITs companies is 12.22, based on 438 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Inovalis Real Estate Investment Trust's current Cyclically Adjusted Price-to-FCF of 1.61 is 86.8% 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 Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Inovalis Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted Price-to-FCF is 12.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inovalis Real Estate Investment Trust's current Cyclically Adjusted Price-to-FCF is 1.61, which is near median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Inovalis Real Estate Investment Trust (IVREF) has a current Cyclically Adjusted Price-to-FCF of 1.61. The stock's GF Value™ is $0.56, compared to a current price of $0.60 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 1.61, which is near median its 10-year median of 1.77 and 86.8% below the REITs industry median of 12.22. Inovalis Real Estate Investment Trust's overall GF Score™ is 30/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Inovalis Real Estate Investment Trust (IVREF), the current Cyclically Adjusted Price-to-FCF is 1.61 as of Sep. 22, 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $0.60 is trading 6.7% above its estimated GF Value™ of $0.56.
Key valuation signals for IVREF:
Cyclically Adjusted Price-to-FCF: 1.61 (near median its 10-year median of 1.77)
GF Value™: $0.56 vs. price of $0.60 (6.7% above fair value)
Industry Position: 86.8% below the REITs median (#19 of 438)
No single metric tells the full story. See the IVREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inovalis Real Estate Investment Trust is a Canadian open-ended real estate investment trust that invests primarily in office properties located in France and Germany, with some exposure to Spain. The trust targets well-located, income-producing office buildings leased to corporate tenants, focusing on properties with stable rental cash flows, occupancy levels generally above eighty percent, and potential for value enhancement through asset management, repositioning, or development. Its portfolio is concentrated in the Paris region and German office markets, and it may also hold interests in properties through joint ventures. Revenue is generated mainly from rental income under long-term leases, supplemented by property management and ancillary income, with distributions funded from adjusted funds from operations. Inovalis is externally managed and its units trade on the Toronto Stock Exchange under the symbol INO.UN.
30GF Score
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Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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