FESNF (First Real Estate Investment Trust) EV-to-OCF: 14.41 (As of Aug. 10, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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FESNF First Real Estate Investment Trust FESNF
33 GF Score
Price $0.19
GF Value $0.20
! 7 Warning Signs
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What is First Real Estate Investment Trust EV-to-OCF?

First Real Estate Investment Trust FESNF 33 EV-to-OCF is 14.41 as of Aug. 10, 2026, which is 4% above its 10-year median of 13.88. GuruFocus rates FESNF with a GF Score™ of 33/100 and a GF Value™ of $0.20. The stock has 7 warning signs investors should review. Among 936 REITs companies, First Real Estate Investment Trust ranks better than 61.11% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, First Real Estate Investment Trust's Enterprise Value is $716.36 Mil. First Real Estate Investment Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $49.71 Mil. Therefore, First Real Estate Investment Trust's EV-to-OCF for today is 14.41.

The historical rank and industry rank for First Real Estate Investment Trust's EV-to-OCF or its related term are showing as below:

FESNF' s EV-to-OCF Range Over the Past 10 Years
Min: 7.7   Med: 13.88   Max: 21.47
Current: 14.35

During the past 13 years, the highest EV-to-OCF of First Real Estate Investment Trust was 21.47. The lowest was 7.70. And the median was 13.88.

FESNF's EV-to-OCF is ranked better than
61.11% of 936 companies
in the REITs industry
Industry Median: 18.175 vs FESNF: 14.35

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 (2026-08-10), First Real Estate Investment Trust's stock price is $0.19. First Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.008. Therefore, First Real Estate Investment Trust's PE Ratio (TTM) for today is 23.75.


First Real Estate Investment Trust  (OTCPK:FESNF) 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.

First Real Estate Investment Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.19/0.008
=23.75

First Real Estate Investment Trust's share price for today is $0.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.008.

* 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.


First Real Estate Investment Trust EV-to-OCF Related Terms


First Real Estate Investment Trust EV-to-OCF Historical Data

* Premium members only.

The historical data trend for First Real Estate Investment Trust'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.

First Real Estate Investment Trust EV-to-OCF Chart

First Real Estate Investment Trust 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 11.86 10.10 13.72 14.49 15.14

First Real Estate Investment Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 14.49 0.00 15.14 0.00

FESNF vs WELL, VTR, OHI: EV-to-OCF Comparison

For the REIT - Healthcare Facilities subindustry, First Real Estate Investment Trust'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.


First Real Estate Investment Trust EV-to-OCF vs REITs Industry

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

* The bar in red indicates where First Real Estate Investment Trust's EV-to-OCF falls into.


FESNF
33GF Score
First Real Estate Investment Trust FESNF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Real Estate Investment Trust EV-to-OCF Calculation

First Real Estate Investment Trust's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=716.363/49.713
=14.41

First Real Estate Investment Trust's current Enterprise Value is $716.36 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Real Estate Investment Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $49.71 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 14.41 mean?
First Real Estate Investment Trust (FESNF) has a EV-to-OCF of 14.41 as of Aug. 10, 2026. This is near median its historical median of 13.88. Over the past decade, First Real Estate Investment Trust's EV-to-OCF has ranged from 7.70 to 21.47. According to the industry distribution chart, First Real Estate Investment Trust ranks #364 out of 936 companies in the REITs industry, placing it in the top 38.9%.
Is First Real Estate Investment Trust's EV-to-OCF too high?
First Real Estate Investment Trust's current EV-to-OCF of 14.41 is near median its 10-year median of 13.88. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 21.47. The REITs industry median EV-to-OCF is 18.18. First Real Estate Investment Trust's value of 14.41 is 20.7% below this industry median. Based on the distribution chart, First Real Estate Investment Trust ranks #364 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, First Real Estate Investment Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust's EV-to-OCF compare to WELL and VTR?
According to the REITs industry distribution chart, First Real Estate Investment Trust ranks #364 out of 936 companies for EV-to-OCF. This puts First Real Estate Investment Trust in the upper half of its industry. The industry median EV-to-OCF is 18.18. First Real Estate Investment Trust's value of 14.41 is 20.7% below this benchmark. Historically, First Real Estate Investment Trust's own EV-to-OCF has ranged from 7.70 to 21.47 over the past decade. While the company's 10-year median is 13.88 vs. the industry median of 18.18, First Real Estate Investment Trust 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 18.18, based on 936 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. First Real Estate Investment Trust's current EV-to-OCF of 14.41 is 20.7% 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 18.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Real Estate Investment Trust's current EV-to-OCF is 14.41, which is near median its own 10-year median of 13.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust stock overvalued right now?
First Real Estate Investment Trust (FESNF) has a current EV-to-OCF of 14.41. The stock's GF Value™ is $0.20, compared to a current price of $0.19 — trading 5% below its estimated fair value. The current EV-to-OCF is 14.41, which is near median its 10-year median of 13.88 and 20.7% below the REITs industry median of 18.18. First Real Estate Investment Trust's overall GF Score™ is 33/100 with 7 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 First Real Estate Investment Trust (FESNF), the current EV-to-OCF is 14.41 as of Aug. 10, 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 First Real Estate Investment Trust (FESNF) Overvalued in 2026?

Based on GuruFocus' analysis, First Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.19 is trading 5% below its estimated GF Value™ of $0.20.

Key valuation signals for FESNF:

  • EV-to-OCF: 14.41 (near median its 10-year median of 13.88)
  • GF Value™: $0.20 vs. price of $0.19 (5% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 20.7% below the REITs median (#364 of 936)

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


First Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges AW9U:SingaporeF1T:Germany
Address 333 Orchard Road, No. 33-02, Singapore, SGP, 238867
First Real Estate Investment Trust is a healthcare real estate investment trust focused on investing in diverse yield-accretive healthcare and healthcare-related real estate assets within and outside of Asia. The Trust has a portfolio of 32 properties across Asia. These include 15 properties in Indonesia comprising 11 hospitals, two integrated hospitals & malls, one integrated hospital & hotel, and one hotel & country club; three nursing homes in Singapore; and 14 nursing homes in Japan.
33GF Score

Get the complete analysis for FESNF

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

$0.19
Price
$0.20
GF Value