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Carindale Property TrustASX:CDP +1.27%58 EV-to-OCF is 21.44 as of Jul. 21, 2026, which is 12% below its 10-year median of 24.49. GuruFocus rates ASX:CDP with a GF Score™ of 58/100 and a GF Value™ of A$3.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 942 REITs companies, Carindale Property Trust ranks worse than 59.34% on this metric.
The historical rank and industry rank for Carindale Property Trust's EV-to-OCF or its related term are showing as below:
ASX:CDP'
s EV-to-OCF Range Over the Past 10 Years
Min: 17.46 Med: 24.49 Max: 37.44
Current: 21.25
During the past 13 years, the highest EV-to-OCF of Carindale Property Trust was 37.44. The lowest was 17.46. And the median was 24.49.
ASX:CDP's EV-to-OCF is ranked worse than 59.34% of 942
companies
in the REITs industry
Industry Median: 18.35
vs ASX:CDP: 21.25
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Carindale Property Trust's PE Ratio (TTM) for today is calculated as:
Carindale Property Trust's share price for today is A$5.57.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Carindale Property Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.610.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Carindale Property Trust EV-to-OCF Related Terms
Carindale Property Trust EV-to-OCF 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.
For the REIT - Retail subindustry, Carindale Property Trust's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Carindale Property Trust EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Carindale Property Trust's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Carindale Property Trust's EV-to-OCF falls into.
Carindale Property Trust's current Enterprise Value is A$666.74 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Carindale Property Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$31.10 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.
Carindale Property Trust (ASX:CDP) has a EV-to-OCF of 21.44 as of Jul. 21, 2026. This is 12% below median its historical median of 24.49. Over the past decade, Carindale Property Trust's EV-to-OCF has ranged from 17.46 to 37.44. According to the industry distribution chart, Carindale Property Trust ranks #559 out of 942 companies in the REITs industry, placing it in the top 59.3%.
Is Carindale Property Trust's EV-to-OCF too high?
Carindale Property Trust's current EV-to-OCF of 21.44 is 12% below median its 10-year median of 24.49. Over the past 10 years, this metric has ranged from a low of 17.46 to a high of 37.44. The REITs industry median EV-to-OCF is 18.35. Carindale Property Trust's value of 21.44 is 16.8% above this industry median. Based on the distribution chart, Carindale Property Trust ranks #559 out of 942 companies in the REITs industry, which is below the industry midpoint. Overall, Carindale Property Trust has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's EV-to-OCF compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #559 out of 942 companies for EV-to-OCF. This places Carindale Property Trust in the lower half of its industry. The industry median EV-to-OCF is 18.35. Carindale Property Trust's value of 21.44 is 16.8% above this benchmark. Historically, Carindale Property Trust's own EV-to-OCF has ranged from 17.46 to 37.44 over the past decade. While the company's 10-year median is 24.49 vs. the industry median of 18.35, Carindale Property 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 EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 18.35, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carindale Property Trust's current EV-to-OCF of 21.44 is 16.8% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 18.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current EV-to-OCF is 21.44, which is 12% below median its own 10-year median of 24.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.41, compared to a current price of A$5.57 — trading 63.3% above its estimated fair value. The current EV-to-OCF is 21.44, which is 12% below median its 10-year median of 24.49 and 16.8% above the REITs industry median of 18.35. Carindale Property Trust's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Carindale Property Trust (ASX:CDP), the current EV-to-OCF is 21.44 as of Jul. 21, 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 Carindale Property Trust (ASX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued.
The current stock price of A$5.57 is trading 63.3% above its estimated GF Value™ of A$3.41.
GuruFocus considers Carindale Property Trust to be Significantly Overvalued.
Key valuation signals for ASX:CDP:
EV-to-OCF: 21.44 (12% below median its 10-year median of 24.49)
GF Value™: A$3.41 vs. price of A$5.57 (63.3% above fair value)
Industry Position: 16.8% above the REITs median (#559 of 942)
No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
58GF Score
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