Reef Casino Trust (ASX:RCT) EV-to-OCF: 10.84 (As of Aug. 27, 2026) — 17% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:RCT Reef Casino Trust ASX:RCT
75 GF Score
Price A$3.53
GF Value A$2.99
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Reef Casino Trust EV-to-OCF?

Reef Casino Trust ASX:RCT +0.28% 75 EV-to-OCF is 10.84 as of Aug. 27, 2026, which is 17% above its 10-year median of 9.27. GuruFocus rates ASX:RCT with a GF Score™ of 75/100 and a GF Value™ of A$2.99 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 854 Travel & Leisure companies, Reef Casino Trust ranks worse than 57.03% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Reef Casino Trust's Enterprise Value is A$172.99 Mil. Reef Casino Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$15.96 Mil. Therefore, Reef Casino Trust's EV-to-OCF for today is 10.84.

The historical rank and industry rank for Reef Casino Trust's EV-to-OCF or its related term are showing as below:

ASX:RCT' s EV-to-OCF Range Over the Past 10 Years
Min: 4.31   Med: 9.27   Max: 19.29
Current: 10.81

During the past 13 years, the highest EV-to-OCF of Reef Casino Trust was 19.29. The lowest was 4.31. And the median was 9.27.

ASX:RCT's EV-to-OCF is ranked worse than
57.03% of 854 companies
in the Travel & Leisure industry
Industry Median: 9.37 vs ASX:RCT: 10.81

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.

As of today (2026-08-27), Reef Casino Trust's stock price is A$3.53. Reef Casino Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.217. Therefore, Reef Casino Trust's PE Ratio (TTM) for today is 16.27.


Reef Casino Trust  (ASX:RCT) EV-to-OCF Explanation

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.

Reef Casino Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.53/0.217
=16.27

Reef Casino Trust's share price for today is A$3.53.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reef Casino Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.217.

* 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.


Reef Casino Trust EV-to-OCF Related Terms


Reef Casino Trust EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Reef Casino Trust's EV-to-OCF 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.

Reef Casino Trust EV-to-OCF Chart

Reef Casino Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.70 9.98 14.22 9.70 10.81

Reef Casino Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-OCF 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 14.22 0.00 9.70 0.00 10.81

ASX:RCT vs LVS, MGM, WYNN: EV-to-OCF Comparison

For the Resorts & Casinos subindustry, Reef Casino 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.


Reef Casino Trust EV-to-OCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Reef Casino Trust's EV-to-OCF falls into.


ASX:RCT
75GF Score
Reef Casino Trust ASX:RCT
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reef Casino Trust EV-to-OCF Calculation

Reef Casino Trust's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=172.987/15.962
=10.84

Reef Casino Trust's current Enterprise Value is A$172.99 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reef Casino Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$15.96 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 10.84 mean?
Reef Casino Trust (ASX:RCT) has a EV-to-OCF of 10.84 as of Aug. 27, 2026. This is 17% above median its historical median of 9.27. Over the past decade, Reef Casino Trust's EV-to-OCF has ranged from 4.31 to 19.29. According to the industry distribution chart, Reef Casino Trust ranks #487 out of 854 companies in the Travel & Leisure industry, placing it in the top 57%.
Is Reef Casino Trust's EV-to-OCF too high?
Reef Casino Trust's current EV-to-OCF of 10.84 is 17% above median its 10-year median of 9.27. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 19.29. The Travel & Leisure industry median EV-to-OCF is 9.37. Reef Casino Trust's value of 10.84 is 15.7% above this industry median. Based on the distribution chart, Reef Casino Trust ranks #487 out of 854 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Reef Casino Trust has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reef Casino Trust's EV-to-OCF compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Reef Casino Trust ranks #487 out of 854 companies for EV-to-OCF. This places Reef Casino Trust in the lower half of its industry. The industry median EV-to-OCF is 9.37. Reef Casino Trust's value of 10.84 is 15.7% above this benchmark. Historically, Reef Casino Trust's own EV-to-OCF has ranged from 4.31 to 19.29 over the past decade. While the company's 10-year median is 9.27 vs. the industry median of 9.37, Reef Casino 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 Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.37, based on 854 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. Reef Casino Trust's current EV-to-OCF of 10.84 is 15.7% 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 Travel & Leisure industry, the median EV-to-OCF is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reef Casino Trust's current EV-to-OCF is 10.84, which is 17% above median its own 10-year median of 9.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reef Casino Trust stock overvalued right now?
Based on GuruFocus' analysis, Reef Casino Trust (ASX:RCT) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.99, compared to a current price of A$3.53 — trading 18.1% above its estimated fair value. The current EV-to-OCF is 10.84, which is 17% above median its 10-year median of 9.27 and 15.7% above the Travel & Leisure industry median of 9.37. Reef Casino Trust's overall GF Score™ is 75/100 with 5 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 Reef Casino Trust (ASX:RCT), the current EV-to-OCF is 10.84 as of Aug. 27, 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 Reef Casino Trust (ASX:RCT) Overvalued in 2026?

Based on GuruFocus' analysis, Reef Casino Trust stock appears to be overvalued. The current stock price of A$3.53 is trading 18.1% above its estimated GF Value™ of A$2.99. GuruFocus considers Reef Casino Trust to be Modestly Overvalued.

Key valuation signals for ASX:RCT:

  • EV-to-OCF: 10.84 (17% above median its 10-year median of 9.27)
  • GF Value™: A$2.99 vs. price of A$3.53 (18.1% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 15.7% above the Travel & Leisure median (#487 of 854)

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


Reef Casino Trust Business Description

Address 35-41 Wharf Street, PO Box 7320, Cairns, QLD, AUS, 4870
Reef Casino Trust is engaged in the operation of the Reef Hotel-Casino Complex located in Cairns, Queensland, Australia. The company derives revenue from the casino, which includes electronic gaming and table games, and the hotel, which includes room accommodation and food and beverage, and others. The majority of the revenue is generated from the rental income received from the casino operations. The company operates in two segments, which includes Casino operations and Hotel segment.
75GF Score

Get the complete analysis for ASX:RCT

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.53
Price
A$2.99
GF Value