Swire Properties (FRA:SW9) EV-to-OCF: 22.65 (As of Aug. 09, 2026) — Near Median

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FRA:SW9 Swire Properties Ltd FRA:SW9
79 GF Score
Price €2.54
GF Value €2.14
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Swire Properties EV-to-OCF?

Swire Properties FRA:SW9 +3.25% 79 EV-to-OCF is 22.65 as of Aug. 09, 2026, which is 5% below its 10-year median of 23.95. GuruFocus rates FRA:SW9 with a GF Score™ of 79/100 and a GF Value™ of €2.14 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,797 Real Estate companies, Swire Properties ranks worse than 73.07% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Swire Properties's Enterprise Value is €19,553 Mil. Swire Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €863 Mil. Therefore, Swire Properties's EV-to-OCF for today is 22.65.

The historical rank and industry rank for Swire Properties's EV-to-OCF or its related term are showing as below:

FRA:SW9' s EV-to-OCF Range Over the Past 10 Years
Min: 16.06   Med: 23.95   Max: 47.72
Current: 22.61

During the past 13 years, the highest EV-to-OCF of Swire Properties was 47.72. The lowest was 16.06. And the median was 23.95.

FRA:SW9's EV-to-OCF is ranked worse than
73.07% of 1797 companies
in the Real Estate industry
Industry Median: 7.15 vs FRA:SW9: 22.61

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 (2026-08-09), Swire Properties's stock price is €2.54. Swire Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.063. Therefore, Swire Properties's PE Ratio (TTM) for today is 40.32.


Swire Properties  (FRA:SW9) 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.

Swire Properties's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.54/0.063
=40.32

Swire Properties's share price for today is €2.54.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Swire Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.063.

* 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.


Swire Properties EV-to-OCF Related Terms


Swire Properties EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Swire Properties'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.

Swire Properties EV-to-OCF Chart

Swire Properties 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 25.10 28.92 24.27 37.04 21.71

Swire Properties 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 37.04 0.00 21.71 0.00

FRA:SW9 vs CBRE, BEKE, JLL: EV-to-OCF Comparison

For the Real Estate Services subindustry, Swire 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.


Swire Properties EV-to-OCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Swire Properties's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Swire Properties's EV-to-OCF falls into.


FRA:SW9
79GF Score
Swire Properties Ltd FRA:SW9
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swire Properties EV-to-OCF Calculation

Swire Properties's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=19552.904/863.25
=22.65

Swire Properties's current Enterprise Value is €19,553 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Swire Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €863 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 22.65 mean?
Swire Properties (FRA:SW9) has a EV-to-OCF of 22.65 as of Aug. 09, 2026. This is near median its historical median of 23.95. Over the past decade, Swire Properties' EV-to-OCF has ranged from 16.06 to 47.72. According to the industry distribution chart, Swire Properties ranks #1313 out of 1797 companies in the Real Estate industry, placing it in the top 73.1%.
Is Swire Properties' EV-to-OCF too high?
Swire Properties' current EV-to-OCF of 22.65 is near median its 10-year median of 23.95. Over the past 10 years, this metric has ranged from a low of 16.06 to a high of 47.72. The Real Estate industry median EV-to-OCF is 7.15. Swire Properties' value of 22.65 is 216.8% above this industry median. Based on the distribution chart, Swire Properties ranks #1313 out of 1797 companies in the Real Estate industry, which is below the industry midpoint. Overall, Swire Properties has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swire Properties' EV-to-OCF compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Swire Properties ranks #1313 out of 1797 companies for EV-to-OCF. This places Swire Properties in the lower half of its industry. The industry median EV-to-OCF is 7.15. Swire Properties' value of 22.65 is 216.8% above this benchmark. Historically, Swire Properties' own EV-to-OCF has ranged from 16.06 to 47.72 over the past decade. While the company's 10-year median is 23.95 vs. the industry median of 7.15, Swire 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 Real Estate company?
The median EV-to-OCF among Real Estate companies is 7.15, based on 1,797 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. Swire Properties's current EV-to-OCF of 22.65 is 216.8% 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 Real Estate industry, the median EV-to-OCF is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swire Properties's current EV-to-OCF is 22.65, which is near median its own 10-year median of 23.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Properties stock overvalued right now?
Based on GuruFocus' analysis, Swire Properties (FRA:SW9) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.14, compared to a current price of €2.54 — trading 18.7% above its estimated fair value. The current EV-to-OCF is 22.65, which is near median its 10-year median of 23.95 and 216.8% above the Real Estate industry median of 7.15. Swire Properties' overall GF Score™ is 79/100 with 5 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 Swire Properties (FRA:SW9), the current EV-to-OCF is 22.65 as of Aug. 09, 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 Swire Properties (FRA:SW9) Overvalued in 2026?

Based on GuruFocus' analysis, Swire Properties stock appears to be overvalued. The current stock price of €2.54 is trading 18.7% above its estimated GF Value™ of €2.14. GuruFocus considers Swire Properties to be Modestly Overvalued.

Key valuation signals for FRA:SW9:

  • EV-to-OCF: 22.65 (near median its 10-year median of 23.95)
  • GF Value™: €2.14 vs. price of €2.54 (18.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 216.8% above the Real Estate median (#1313 of 1797)

No single metric tells the full story. See the FRA:SW9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swire Properties Business Description

Address 88 Queensway, 31st Floor, One Pacific Place, Hong Kong, HKG
Swire Properties is a Hong Kong-based property investor and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of grade A office contributing over 9 million square feet. The firm also holds investment properties and development projects in China, the United States, and Southeast Asia. Rental income accounts for more than 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 83% stake.
79GF Score

Get the complete analysis for FRA:SW9

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

€2.54
Price
€2.14
GF Value