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COPT Defense PropertiesCDP -0.19%71 EV-to-OCF is 20.45 as of Aug. 08, 2026, which is 2% below its 10-year median of 20.79. GuruFocus rates CDP with a GF Score™ of 71/100 and a GF Value™ of $29.25 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 926 REITs companies, COPT Defense Properties ranks worse than 56.7% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, COPT Defense Properties's Enterprise Value is $6,900.4 Mil.
COPT Defense Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $337.4 Mil. Therefore, COPT Defense Properties's EV-to-OCF for today is 20.45.
The historical rank and industry rank for COPT Defense Properties's EV-to-OCF or its related term are showing as below:
CDP'
s EV-to-OCF Range Over the Past 10 Years
Min: 16.25 Med: 20.79 Max: 26.87
Current: 20.45
During the past 13 years, the highest EV-to-OCF of COPT Defense Properties was 26.87. The lowest was 16.25. And the median was 20.79.
CDP's EV-to-OCF is ranked worse than 56.7% of 926
companies
in the REITs industry
Industry Median: 18.375
vs CDP: 20.45
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.
COPT Defense Properties's PE Ratio (TTM) for today is calculated as:
COPT Defense Properties's share price for today is $37.14.
COPT Defense Properties'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 $1.440.
* 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.
* 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, COPT Defense Properties'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.
COPT Defense Properties EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, COPT Defense Properties's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where COPT Defense Properties's EV-to-OCF falls into.
COPT Defense Properties's current Enterprise Value is $6,900.4 Mil.
COPT Defense Properties'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 $337.4 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.
COPT Defense Properties (CDP) has a EV-to-OCF of 20.45 as of Aug. 08, 2026. This is near median its historical median of 20.79. Over the past decade, COPT Defense Properties' EV-to-OCF has ranged from 16.25 to 26.87. According to the industry distribution chart, COPT Defense Properties ranks #525 out of 926 companies in the REITs industry, placing it in the top 56.7%.
Is COPT Defense Properties' EV-to-OCF too high?
COPT Defense Properties' current EV-to-OCF of 20.45 is near median its 10-year median of 20.79. Over the past 10 years, this metric has ranged from a low of 16.25 to a high of 26.87. The REITs industry median EV-to-OCF is 18.38. COPT Defense Properties' value of 20.45 is 11.3% above this industry median. Based on the distribution chart, COPT Defense Properties ranks #525 out of 926 companies in the REITs industry, which is below the industry midpoint. Overall, COPT Defense Properties has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' EV-to-OCF compare to KRC and SLG?
According to the REITs industry distribution chart, COPT Defense Properties ranks #525 out of 926 companies for EV-to-OCF. This places COPT Defense Properties in the lower half of its industry. The industry median EV-to-OCF is 18.38. COPT Defense Properties' value of 20.45 is 11.3% above this benchmark. Historically, COPT Defense Properties' own EV-to-OCF has ranged from 16.25 to 26.87 over the past decade. While the company's 10-year median is 20.79 vs. the industry median of 18.38, COPT Defense Properties 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 18.38, based on 926 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. COPT Defense Properties's current EV-to-OCF of 20.45 is 11.3% 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 18.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COPT Defense Properties's current EV-to-OCF is 20.45, which is near median its own 10-year median of 20.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
Based on GuruFocus' analysis, COPT Defense Properties (CDP) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.25, compared to a current price of $37.14 — trading 27% above its estimated fair value. The current EV-to-OCF is 20.45, which is near median its 10-year median of 20.79 and 11.3% above the REITs industry median of 18.38. COPT Defense Properties' overall GF Score™ is 71/100 with 11 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 COPT Defense Properties (CDP), the current EV-to-OCF is 20.45 as of Aug. 08, 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 COPT Defense Properties (CDP) Overvalued in 2026?
Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued.
The current stock price of $37.14 is trading 27% above its estimated GF Value™ of $29.25.
GuruFocus considers COPT Defense Properties to be Modestly Overvalued.
Key valuation signals for CDP:
EV-to-OCF: 20.45 (near median its 10-year median of 20.79)
GF Value™: $29.25 vs. price of $37.14 (27% above fair value)
Industry Position: 11.3% above the REITs median (#525 of 926)
No single metric tells the full story. See the CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
71GF Score
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