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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hoshino Resorts REIT's Enterprise Value is €1,289.65 Mil.
Hoshino Resorts REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was €93.49 Mil. Therefore, Hoshino Resorts REIT's EV-to-OCF for today is 13.79.
The historical rank and industry rank for Hoshino Resorts REIT's EV-to-OCF or its related term are showing as below:
FRA:A3F'
s EV-to-OCF Range Over the Past 10 Years
Min: 11.81 Med: 21.76 Max: 45.51
Current: 14.05
During the past 13 years, the highest EV-to-OCF of Hoshino Resorts REIT was 45.51. The lowest was 11.81. And the median was 21.76.
FRA:A3F's EV-to-OCF is ranked better than 62.6% of 917
companies
in the REITs industry
Industry Median: 17.89
vs FRA:A3F: 14.05
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.
Hoshino Resorts REIT's PE Ratio (TTM) for today is calculated as:
Hoshino Resorts REIT's share price for today is €1310.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €71.334.
* 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.
Hoshino Resorts REIT EV-to-OCF Related Terms
Hoshino Resorts REIT EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Hoshino Resorts REIT'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.
For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.
Hoshino Resorts REIT EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Hoshino Resorts REIT's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Hoshino Resorts REIT's EV-to-OCF falls into.
Hoshino Resorts REIT's current Enterprise Value is €1,289.65 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hoshino Resorts REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was €93.49 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.
Hoshino Resorts REIT (FRA:A3F) has a EV-to-OCF of 13.79 as of Sep. 05, 2026. This is 37% below median its historical median of 21.76. Over the past decade, Hoshino Resorts REIT's EV-to-OCF has ranged from 11.81 to 45.51. According to the industry distribution chart, Hoshino Resorts REIT ranks #343 out of 917 companies in the REITs industry, placing it in the top 37.4%.
Is Hoshino Resorts REIT's EV-to-OCF too high?
Hoshino Resorts REIT's current EV-to-OCF of 13.79 is 37% below median its 10-year median of 21.76. Over the past 10 years, this metric has ranged from a low of 11.81 to a high of 45.51. The REITs industry median EV-to-OCF is 17.89. Hoshino Resorts REIT's value of 13.79 is 22.9% below this industry median. Based on the distribution chart, Hoshino Resorts REIT ranks #343 out of 917 companies in the REITs industry, which is above the industry midpoint. Overall, Hoshino Resorts REIT has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's EV-to-OCF compare to HST and RHP?
According to the REITs industry distribution chart, Hoshino Resorts REIT ranks #343 out of 917 companies for EV-to-OCF. This puts Hoshino Resorts REIT in the upper half of its industry. The industry median EV-to-OCF is 17.89. Hoshino Resorts REIT's value of 13.79 is 22.9% below this benchmark. Historically, Hoshino Resorts REIT's own EV-to-OCF has ranged from 11.81 to 45.51 over the past decade. While the company's 10-year median is 21.76 vs. the industry median of 17.89, Hoshino Resorts REIT 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. Hoshino Resorts REIT's current EV-to-OCF of 13.79 is 22.9% 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. Hoshino Resorts REIT's current EV-to-OCF is 13.79, which is 37% below median its own 10-year median of 21.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Hoshino Resorts REIT (FRA:A3F) has a current EV-to-OCF of 13.79. The stock's GF Value™ is €1,550.69, compared to a current price of €1,310.00 — trading 15.5% below its estimated fair value. The current EV-to-OCF is 13.79, which is 37% below median its 10-year median of 21.76 and 22.9% below the REITs industry median of 17.89. Hoshino Resorts REIT's overall GF Score™ is 73/100 with 6 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 Hoshino Resorts REIT (FRA:A3F), the current EV-to-OCF is 13.79 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 Hoshino Resorts REIT (FRA:A3F) Overvalued in 2026?
Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued.
The current stock price of €1,310.00 is trading 15.5% below its estimated GF Value™ of €1,550.69.
Key valuation signals for FRA:A3F:
EV-to-OCF: 13.79 (37% below median its 10-year median of 21.76)
GF Value™: €1,550.69 vs. price of €1,310.00 (15.5% below fair value)
Industry Position: 22.9% below the REITs median (#343 of 917)
No single metric tells the full story. See the FRA:A3F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
73GF Score
Get the complete analysis for FRA:A3F
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