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The historical rank and industry rank for Ichigo Office REIT Investment's EV-to-OCF or its related term are showing as below:
FCRQF'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.91 Med: 19.6 Max: 27.67
Current: 22.17
During the past 13 years, the highest EV-to-OCF of Ichigo Office REIT Investment was 27.67. The lowest was 6.91. And the median was 19.60.
FCRQF's EV-to-OCF is ranked worse than 64.5% of 921
companies
in the REITs industry
Industry Median: 17.88
vs FCRQF: 22.17
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.
Ichigo Office REIT Investment's PE Ratio (TTM) for today is calculated as:
Ichigo Office REIT Investment's share price for today is $585.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $32.840.
* 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.
Ichigo Office REIT Investment EV-to-OCF Related Terms
Ichigo Office REIT Investment 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, Ichigo Office REIT Investment'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.
Ichigo Office REIT Investment EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ichigo Office REIT Investment's EV-to-OCF falls into.
Ichigo Office REIT Investment's current Enterprise Value is $1,673.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $76.6 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.
Ichigo Office REIT Investment (FCRQF) has a EV-to-OCF of 21.84 as of Aug. 29, 2026. This is 11% above median its historical median of 19.60. Over the past decade, Ichigo Office REIT Investment's EV-to-OCF has ranged from 6.91 to 27.67. According to the industry distribution chart, Ichigo Office REIT Investment ranks #594 out of 921 companies in the REITs industry, placing it in the top 64.5%.
Is Ichigo Office REIT Investment's EV-to-OCF too high?
Ichigo Office REIT Investment's current EV-to-OCF of 21.84 is 11% above median its 10-year median of 19.60. Over the past 10 years, this metric has ranged from a low of 6.91 to a high of 27.67. The REITs industry median EV-to-OCF is 17.88. Ichigo Office REIT Investment's value of 21.84 is 22.1% above this industry median. Based on the distribution chart, Ichigo Office REIT Investment ranks #594 out of 921 companies in the REITs industry, which is below the industry midpoint. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's EV-to-OCF compare to BXP and ARE?
According to the REITs industry distribution chart, Ichigo Office REIT Investment ranks #594 out of 921 companies for EV-to-OCF. This places Ichigo Office REIT Investment in the lower half of its industry. The industry median EV-to-OCF is 17.88. Ichigo Office REIT Investment's value of 21.84 is 22.1% above this benchmark. Historically, Ichigo Office REIT Investment's own EV-to-OCF has ranged from 6.91 to 27.67 over the past decade. While the company's 10-year median is 19.60 vs. the industry median of 17.88, Ichigo Office REIT Investment 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 17.88, based on 921 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. Ichigo Office REIT Investment's current EV-to-OCF of 21.84 is 22.1% 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 17.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Office REIT Investment's current EV-to-OCF is 21.84, which is 11% above median its own 10-year median of 19.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Ichigo Office REIT Investment (FCRQF) has a current EV-to-OCF of 21.84. The stock's GF Value™ is $547.59, compared to a current price of $585.00 — trading 6.8% above its estimated fair value. The current EV-to-OCF is 21.84, which is 11% above median its 10-year median of 19.60 and 22.1% above the REITs industry median of 17.88. Ichigo Office REIT Investment's overall GF Score™ is 67/100 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 Ichigo Office REIT Investment (FCRQF), the current EV-to-OCF is 21.84 as of Aug. 29, 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 Ichigo Office REIT Investment (FCRQF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued.
The current stock price of $585.00 is trading 6.8% above its estimated GF Value™ of $547.59.
Key valuation signals for FCRQF:
EV-to-OCF: 21.84 (11% above median its 10-year median of 19.60)
GF Value™: $547.59 vs. price of $585.00 (6.8% above fair value)
Industry Position: 22.1% above the REITs median (#594 of 921)
No single metric tells the full story. See the FCRQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score
Get the complete analysis for FCRQF
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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