Waypoint REIT (ASX:WPR) EV-to-OCF: 22.67 (As of Jul. 22, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:WPR Waypoint REIT Ltd ASX:WPR
72 GF Score
Price A$2.45
GF Value A$2.59
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Waypoint REIT EV-to-OCF?

Waypoint REIT ASX:WPR -0.41% 72 EV-to-OCF is 22.67 as of Jul. 22, 2026, which is 5% below its 10-year median of 23.76. GuruFocus rates ASX:WPR with a GF Score™ of 72/100 and a GF Value™ of A$2.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 935 REITs companies, Waypoint REIT ranks worse than 63.32% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Waypoint REIT's Enterprise Value is A$2,518.4 Mil. Waypoint REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$111.1 Mil. Therefore, Waypoint REIT's EV-to-OCF for today is 22.67.

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

ASX:WPR' s EV-to-OCF Range Over the Past 10 Years
Min: 20.15   Med: 23.76   Max: 32.51
Current: 22.67

During the past 9 years, the highest EV-to-OCF of Waypoint REIT was 32.51. The lowest was 20.15. And the median was 23.76.

ASX:WPR's EV-to-OCF is ranked worse than
63.32% of 935 companies
in the REITs industry
Industry Median: 18.4 vs ASX:WPR: 22.67

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 (2026-07-22), Waypoint REIT's stock price is A$2.45. Waypoint REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.302. Therefore, Waypoint REIT's PE Ratio (TTM) for today is 8.11.


Waypoint REIT  (ASX:WPR) 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.

Waypoint REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.45/0.302
=8.11

Waypoint REIT's share price for today is A$2.45.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Waypoint REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.302.

* 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.


Waypoint REIT EV-to-OCF Related Terms


Waypoint REIT EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Waypoint REIT'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.

Waypoint REIT EV-to-OCF Chart

Waypoint REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only 24.36 23.39 23.06 22.27 23.25

Waypoint REIT Semi-Annual Data
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 23.06 0.00 22.27 0.00 23.25

ASX:WPR vs EQIX, AMT, DLR: EV-to-OCF Comparison

For the REIT - Specialty subindustry, Waypoint REIT'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.


Waypoint REIT EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, Waypoint REIT's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Waypoint REIT's EV-to-OCF falls into.


ASX:WPR
72GF Score
Waypoint REIT Ltd ASX:WPR
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waypoint REIT EV-to-OCF Calculation

Waypoint REIT's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2518.430/111.1
=22.67

Waypoint REIT's current Enterprise Value is A$2,518.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Waypoint REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$111.1 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 22.67 mean?
Waypoint REIT (ASX:WPR) has a EV-to-OCF of 22.67 as of Jul. 22, 2026. This is near median its historical median of 23.76. Over the past decade, Waypoint REIT's EV-to-OCF has ranged from 20.15 to 32.51. According to the industry distribution chart, Waypoint REIT ranks #592 out of 935 companies in the REITs industry, placing it in the top 63.3%.
Is Waypoint REIT's EV-to-OCF too high?
Waypoint REIT's current EV-to-OCF of 22.67 is near median its 10-year median of 23.76. Over the past 10 years, this metric has ranged from a low of 20.15 to a high of 32.51. The REITs industry median EV-to-OCF is 18.40. Waypoint REIT's value of 22.67 is 23.2% above this industry median. Based on the distribution chart, Waypoint REIT ranks #592 out of 935 companies in the REITs industry, which is below the industry midpoint. Overall, Waypoint REIT has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waypoint REIT's EV-to-OCF compare to EQIX and AMT?
According to the REITs industry distribution chart, Waypoint REIT ranks #592 out of 935 companies for EV-to-OCF. This places Waypoint REIT in the lower half of its industry. The industry median EV-to-OCF is 18.40. Waypoint REIT's value of 22.67 is 23.2% above this benchmark. Historically, Waypoint REIT's own EV-to-OCF has ranged from 20.15 to 32.51 over the past decade. While the company's 10-year median is 23.76 vs. the industry median of 18.40, Waypoint REIT 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 18.40, based on 935 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. Waypoint REIT's current EV-to-OCF of 22.67 is 23.2% 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 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 18.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waypoint REIT's current EV-to-OCF is 22.67, which is near median its own 10-year median of 23.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waypoint REIT stock overvalued right now?
Based on GuruFocus' analysis, Waypoint REIT (ASX:WPR) is currently considered Fairly Valued. The stock's GF Value™ is A$2.59, compared to a current price of A$2.45 — trading 5.4% below its estimated fair value. The current EV-to-OCF is 22.67, which is near median its 10-year median of 23.76 and 23.2% above the REITs industry median of 18.40. Waypoint REIT's overall GF Score™ is 72/100 with 4 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 Waypoint REIT (ASX:WPR), the current EV-to-OCF is 22.67 as of Jul. 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 Waypoint REIT (ASX:WPR) Overvalued in 2026?

Based on GuruFocus' analysis, Waypoint REIT stock appears to be undervalued. The current stock price of A$2.45 is trading 5.4% below its estimated GF Value™ of A$2.59. GuruFocus considers Waypoint REIT to be Fairly Valued.

Key valuation signals for ASX:WPR:

  • EV-to-OCF: 22.67 (near median its 10-year median of 23.76)
  • GF Value™: A$2.59 vs. price of A$2.45 (5.4% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 23.2% above the REITs median (#592 of 935)

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


Waypoint REIT Business Description

Industry Real EstateREITs
Other Exchanges 1V2:Germany
Address 720 Bourke Street, Level 15, Docklands, VIC, AUS, 3008
Waypoint REIT owns a AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy, and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.
72GF Score

Get the complete analysis for ASX:WPR

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

A$2.45
Price
A$2.59
GF Value