Millionaire Property Fund (BKK:MIPF) EV-to-OCF: 13.18 (As of Sep. 05, 2026) — 27% Below Median

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BKK:MIPF Millionaire Property Fund BKK:MIPF
78 GF Score
Price ฿9.50
GF Value ฿10.39
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Millionaire Property Fund EV-to-OCF?

Millionaire Property Fund BKK:MIPF 78 EV-to-OCF is 13.18 as of Sep. 05, 2026, which is 27% below its 10-year median of 18.00. GuruFocus rates BKK:MIPF with a GF Score™ of 78/100 and a GF Value™ of ฿10.39 (Fairly Valued). The stock has 2 warning signs investors should review. Among 917 REITs companies, Millionaire Property Fund ranks better than 64.45% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Millionaire Property Fund's Enterprise Value is ฿1,780.0 Mil. Millionaire Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿135.1 Mil. Therefore, Millionaire Property Fund's EV-to-OCF for today is 13.18.

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

BKK:MIPF' s EV-to-OCF Range Over the Past 10 Years
Min: 11.46   Med: 18   Max: 26.07
Current: 13.46

During the past 13 years, the highest EV-to-OCF of Millionaire Property Fund was 26.07. The lowest was 11.46. And the median was 18.00.

BKK:MIPF's EV-to-OCF is ranked better than
64.45% of 917 companies
in the REITs industry
Industry Median: 17.89 vs BKK:MIPF: 13.46

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 (2026-09-05), Millionaire Property Fund's stock price is ฿9.50. Millionaire Property Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.551. Therefore, Millionaire Property Fund's PE Ratio (TTM) for today is 17.24.


Millionaire Property Fund  (BKK:MIPF) 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.

Millionaire Property Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.50/0.551
=17.24

Millionaire Property Fund's share price for today is ฿9.50.
Millionaire Property Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.551.

* 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.


Millionaire Property Fund EV-to-OCF Related Terms


Millionaire Property Fund EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Millionaire Property Fund'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.

Millionaire Property Fund EV-to-OCF Chart

Millionaire Property Fund 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 19.74 20.96 18.28 18.51 12.78

Millionaire Property Fund Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.97 12.62 12.78 12.24 12.76

BKK:MIPF vs BXP, ARE, VNO: EV-to-OCF Comparison

For the REIT - Office subindustry, Millionaire Property Fund'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.


Millionaire Property Fund EV-to-OCF vs REITs Industry

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

* The bar in red indicates where Millionaire Property Fund's EV-to-OCF falls into.


BKK:MIPF
78GF Score
Millionaire Property Fund BKK:MIPF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millionaire Property Fund EV-to-OCF Calculation

Millionaire Property Fund's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1780.002/135.06
=13.18

Millionaire Property Fund's current Enterprise Value is ฿1,780.0 Mil.
Millionaire Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿135.1 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 13.18 mean?
Millionaire Property Fund (BKK:MIPF) has a EV-to-OCF of 13.18 as of Sep. 05, 2026. This is 27% below median its historical median of 18.00. Over the past decade, Millionaire Property Fund's EV-to-OCF has ranged from 11.46 to 26.07. According to the industry distribution chart, Millionaire Property Fund ranks #326 out of 917 companies in the REITs industry, placing it in the top 35.6%.
Is Millionaire Property Fund's EV-to-OCF too high?
Millionaire Property Fund's current EV-to-OCF of 13.18 is 27% below median its 10-year median of 18.00. Over the past 10 years, this metric has ranged from a low of 11.46 to a high of 26.07. The REITs industry median EV-to-OCF is 17.89. Millionaire Property Fund's value of 13.18 is 26.3% below this industry median. Based on the distribution chart, Millionaire Property Fund ranks #326 out of 917 companies in the REITs industry, which is above the industry midpoint. Overall, Millionaire Property Fund has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's EV-to-OCF compare to BXP and ARE?
According to the REITs industry distribution chart, Millionaire Property Fund ranks #326 out of 917 companies for EV-to-OCF. This puts Millionaire Property Fund in the upper half of its industry. The industry median EV-to-OCF is 17.89. Millionaire Property Fund's value of 13.18 is 26.3% below this benchmark. Historically, Millionaire Property Fund's own EV-to-OCF has ranged from 11.46 to 26.07 over the past decade. While the company's 10-year median is 18.00 vs. the industry median of 17.89, Millionaire Property Fund 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 EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 17.89, based on 917 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. Millionaire Property Fund's current EV-to-OCF of 13.18 is 26.3% 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 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 17.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millionaire Property Fund's current EV-to-OCF is 13.18, which is 27% below median its own 10-year median of 18.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millionaire Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Millionaire Property Fund (BKK:MIPF) is currently considered Fairly Valued. The stock's GF Value™ is ฿10.39, compared to a current price of ฿9.50 — trading 8.6% below its estimated fair value. The current EV-to-OCF is 13.18, which is 27% below median its 10-year median of 18.00 and 26.3% below the REITs industry median of 17.89. Millionaire Property Fund's overall GF Score™ is 78/100 with 2 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 Millionaire Property Fund (BKK:MIPF), the current EV-to-OCF is 13.18 as of Sep. 05, 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 Millionaire Property Fund (BKK:MIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Millionaire Property Fund stock appears to be undervalued. The current stock price of ฿9.50 is trading 8.6% below its estimated GF Value™ of ฿10.39. GuruFocus considers Millionaire Property Fund to be Fairly Valued.

Key valuation signals for BKK:MIPF:

  • EV-to-OCF: 13.18 (27% below median its 10-year median of 18.00)
  • GF Value™: ฿10.39 vs. price of ฿9.50 (8.6% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 26.3% below the REITs median (#326 of 917)

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


Millionaire Property Fund Business Description

Industry Real EstateREITs
Address Rama 1 Road, 989 Siam Piwat Tower, 9th, 24th Floor, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize funds from the sale of investment units to purchase and/or lease property and procure benefits from such property. The Fund operates in only one business segment which is property investments and the business is only operated in Thailand.
78GF Score

Get the complete analysis for BKK:MIPF

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

฿9.50
Price
฿10.39
GF Value