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Goodman GroupGMGSF 82 EV-to-OCF is 32.04 as of Aug. 29, 2026, which is 9% below its 10-year median of 35.02. GuruFocus rates GMGSF with a GF Score™ of 82/100 and a GF Value™ of $25.74 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 921 REITs companies, Goodman Group ranks worse than 81.43% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Goodman Group's Enterprise Value is $42,520 Mil.
Goodman Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,327 Mil. Therefore, Goodman Group's EV-to-OCF for today is 32.04.
The historical rank and industry rank for Goodman Group's EV-to-OCF or its related term are showing as below:
GMGSF'
s EV-to-OCF Range Over the Past 10 Years
Min: 15.95 Med: 35.02 Max: 75.25
Current: 30.88
During the past 13 years, the highest EV-to-OCF of Goodman Group was 75.25. The lowest was 15.95. And the median was 35.02.
GMGSF's EV-to-OCF is ranked worse than 81.43% of 921
companies
in the REITs industry
Industry Median: 17.88
vs GMGSF: 30.88
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.
Goodman Group's PE Ratio (TTM) for today is calculated as:
Goodman Group's share price for today is $19.71.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.918.
* 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.
Goodman Group EV-to-OCF Related Terms
Goodman Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Goodman Group'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 - Diversified subindustry, Goodman Group'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.
Goodman Group EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Goodman Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Goodman Group's EV-to-OCF falls into.
Goodman Group's current Enterprise Value is $42,520 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,327 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.
Goodman Group (GMGSF) has a EV-to-OCF of 32.04 as of Aug. 29, 2026. This is near median its historical median of 35.02. Over the past decade, Goodman Group's EV-to-OCF has ranged from 15.95 to 75.25. According to the industry distribution chart, Goodman Group ranks #750 out of 921 companies in the REITs industry, placing it in the top 81.4%.
Is Goodman Group's EV-to-OCF too high?
Goodman Group's current EV-to-OCF of 32.04 is near median its 10-year median of 35.02. Over the past 10 years, this metric has ranged from a low of 15.95 to a high of 75.25. The REITs industry median EV-to-OCF is 17.88. Goodman Group's value of 32.04 is 79.2% above this industry median. Based on the distribution chart, Goodman Group ranks #750 out of 921 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Goodman Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodman Group's EV-to-OCF compare to VICI and WPC?
According to the REITs industry distribution chart, Goodman Group ranks #750 out of 921 companies for EV-to-OCF. This places Goodman Group in the lower half of its industry. The industry median EV-to-OCF is 17.88. Goodman Group's value of 32.04 is 79.2% above this benchmark. Historically, Goodman Group's own EV-to-OCF has ranged from 15.95 to 75.25 over the past decade. While the company's 10-year median is 35.02 vs. the industry median of 17.88, Goodman Group 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. Goodman Group's current EV-to-OCF of 32.04 is 79.2% 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. Goodman Group's current EV-to-OCF is 32.04, which is near median its own 10-year median of 35.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman Group stock overvalued right now?
Based on GuruFocus' analysis, Goodman Group (GMGSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $25.74, compared to a current price of $19.71 — trading 23.4% below its estimated fair value. The current EV-to-OCF is 32.04, which is near median its 10-year median of 35.02 and 79.2% above the REITs industry median of 17.88. Goodman Group's overall GF Score™ is 82/100 with 3 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 Goodman Group (GMGSF), the current EV-to-OCF is 32.04 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 Goodman Group (GMGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman Group stock appears to be undervalued.
The current stock price of $19.71 is trading 23.4% below its estimated GF Value™ of $25.74.
GuruFocus considers Goodman Group to be Modestly Undervalued.
Key valuation signals for GMGSF:
EV-to-OCF: 32.04 (near median its 10-year median of 35.02)
GF Value™: $25.74 vs. price of $19.71 (23.4% below fair value)
Industry Position: 79.2% above the REITs median (#750 of 921)
No single metric tells the full story. See the GMGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman Group owns, manages, and develops industrial properties in 13 countries, historically in Australia but increasingly worldwide. Around half of its operating earnings come from development, a third from management, and the rest from property investment. Most developments are undertaken on behalf of third parties or fund investors. Goodman earns fees in return for development management services. Completed projects are either sold or reside in one of Goodman's funds or partnerships. Goodman typically retains ownership stakes in the investment vehicles and continues to manage the sites after completion, collecting investment management base fees, performance fees, property services fees, and a share of rental income.
82GF Score
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