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Millionaire Property FundBKK:MIPF +4.97%74 EV-to-OCF is 12.51 as of Aug. 14, 2026, which is 31% below its 10-year median of 18.11. GuruFocus rates BKK:MIPF with a GF Score™ of 74/100 and a GF Value™ of ฿10.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 929 REITs companies, Millionaire Property Fund ranks better than 68.57% on this metric.
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: 18.11 Max: 26.07
Current: 11.9
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 18.11.
BKK:MIPF's EV-to-OCF is ranked better than 68.57% of 929
companies
in the REITs industry
Industry Median: 18.21
vs BKK:MIPF: 11.90
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 (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:
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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.539.
* 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
* 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 - 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.
Millionaire Property Fund's current Enterprise Value is ฿1,761.8 Mil.
Millionaire Property Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿140.8 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.
Millionaire Property Fund (BKK:MIPF) has a EV-to-OCF of 12.51 as of Aug. 14, 2026. This is 31% below median its historical median of 18.11. 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 #292 out of 929 companies in the REITs industry, placing it in the top 31.4%.
Is Millionaire Property Fund's EV-to-OCF too high?
Millionaire Property Fund's current EV-to-OCF of 12.51 is 31% below median its 10-year median of 18.11. 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 18.21. Millionaire Property Fund's value of 12.51 is 31.3% below this industry median. Based on the distribution chart, Millionaire Property Fund ranks #292 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Millionaire Property Fund has a GF Score™ of 74/100 and is considered Modestly Undervalued, 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 #292 out of 929 companies for EV-to-OCF. This puts Millionaire Property Fund in the upper half of its industry. The industry median EV-to-OCF is 18.21. Millionaire Property Fund's value of 12.51 is 31.3% 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 18.11 vs. the industry median of 18.21, 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 18.21, based on 929 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 12.51 is 31.3% 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 18.21 — 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 12.51, which is 31% below median its own 10-year median of 18.11. 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 Modestly Undervalued. The stock's GF Value™ is ฿10.94, compared to a current price of ฿9.50 — trading 13.2% below its estimated fair value. The current EV-to-OCF is 12.51, which is 31% below median its 10-year median of 18.11 and 31.3% below the REITs industry median of 18.21. Millionaire Property Fund's overall GF Score™ is 74/100 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 12.51 as of Aug. 14, 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 13.2% below its estimated GF Value™ of ฿10.94.
GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.
Key valuation signals for BKK:MIPF:
EV-to-OCF: 12.51 (31% below median its 10-year median of 18.11)
GF Value™: ฿10.94 vs. price of ฿9.50 (13.2% below fair value)
Industry Position: 31.3% below the REITs median (#292 of 929)
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 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.
74GF Score
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