Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mapletree Industrial TrustHAM:M2L 72 EV-to-OCF is 19.13 as of Aug. 29, 2026, which is 6% below its 10-year median of 20.31. GuruFocus rates HAM:M2L with a GF Score™ of 72/100 and a GF Value™ of €1.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 921 REITs companies, Mapletree Industrial Trust ranks worse than 53.31% on this metric.
The historical rank and industry rank for Mapletree Industrial Trust's EV-to-OCF or its related term are showing as below:
HAM:M2L'
s EV-to-OCF Range Over the Past 10 Years
Min: 16.59 Med: 20.31 Max: 34.63
Current: 18.94
During the past 13 years, the highest EV-to-OCF of Mapletree Industrial Trust was 34.63. The lowest was 16.59. And the median was 20.31.
HAM:M2L's EV-to-OCF is ranked worse than 53.31% of 921
companies
in the REITs industry
Industry Median: 17.88
vs HAM:M2L: 18.94
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.
Mapletree Industrial Trust's PE Ratio (TTM) for today is calculated as:
Mapletree Industrial Trust's share price for today is €1.30.
Mapletree Industrial Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.047.
* 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.
Mapletree Industrial Trust EV-to-OCF Related Terms
Mapletree Industrial Trust 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 - Industrial subindustry, Mapletree Industrial 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.
Mapletree Industrial Trust EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Mapletree Industrial Trust's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Mapletree Industrial Trust's EV-to-OCF falls into.
Mapletree Industrial Trust's current Enterprise Value is €5,428.6 Mil.
Mapletree Industrial Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €283.8 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.
Mapletree Industrial Trust (HAM:M2L) has a EV-to-OCF of 19.13 as of Aug. 29, 2026. This is near median its historical median of 20.31. Over the past decade, Mapletree Industrial Trust's EV-to-OCF has ranged from 16.59 to 34.63. According to the industry distribution chart, Mapletree Industrial Trust ranks #491 out of 921 companies in the REITs industry, placing it in the top 53.3%.
Is Mapletree Industrial Trust's EV-to-OCF too high?
Mapletree Industrial Trust's current EV-to-OCF of 19.13 is near median its 10-year median of 20.31. Over the past 10 years, this metric has ranged from a low of 16.59 to a high of 34.63. The REITs industry median EV-to-OCF is 17.88. Mapletree Industrial Trust's value of 19.13 is 7% above this industry median. Based on the distribution chart, Mapletree Industrial Trust ranks #491 out of 921 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Industrial Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's EV-to-OCF compare to PLD and PSA?
According to the REITs industry distribution chart, Mapletree Industrial Trust ranks #491 out of 921 companies for EV-to-OCF. This places Mapletree Industrial Trust in the lower half of its industry. The industry median EV-to-OCF is 17.88. Mapletree Industrial Trust's value of 19.13 is 7% above this benchmark. Historically, Mapletree Industrial Trust's own EV-to-OCF has ranged from 16.59 to 34.63 over the past decade. While the company's 10-year median is 20.31 vs. the industry median of 17.88, Mapletree Industrial Trust 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. Mapletree Industrial Trust's current EV-to-OCF of 19.13 is 7% 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. Mapletree Industrial Trust's current EV-to-OCF is 19.13, which is near median its own 10-year median of 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (HAM:M2L) is currently considered Fairly Valued. The stock's GF Value™ is €1.36, compared to a current price of €1.30 — trading 4.4% below its estimated fair value. The current EV-to-OCF is 19.13, which is near median its 10-year median of 20.31 and 7% above the REITs industry median of 17.88. Mapletree Industrial Trust's overall GF Score™ is 72/100 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 Mapletree Industrial Trust (HAM:M2L), the current EV-to-OCF is 19.13 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 Mapletree Industrial Trust (HAM:M2L) Overvalued in 2026?
Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued.
The current stock price of €1.30 is trading 4.4% below its estimated GF Value™ of €1.36.
GuruFocus considers Mapletree Industrial Trust to be Fairly Valued.
Key valuation signals for HAM:M2L:
EV-to-OCF: 19.13 (near median its 10-year median of 20.31)
GF Value™: €1.36 vs. price of €1.30 (4.4% below fair value)
Industry Position: 7% above the REITs median (#491 of 921)
No single metric tells the full story. See the HAM:M2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
72GF Score
Get the complete analysis for HAM:M2L
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:M2L has been successfully added to your 
