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Exemplar REITailJSE:EXP 79 EV-to-OCF is 121.81 as of Aug. 10, 2026, which is 0% above its 10-year median of 121.79. GuruFocus rates JSE:EXP with a GF Score™ of 79/100 and a GF Value™ of R15.87 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 936 REITs companies, Exemplar REITail ranks worse than 96.26% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Exemplar REITail's Enterprise Value is R10,764 Mil.
Exemplar REITail's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R88 Mil. Therefore, Exemplar REITail's EV-to-OCF for today is 121.81.
The historical rank and industry rank for Exemplar REITail's EV-to-OCF or its related term are showing as below:
JSE:EXP'
s EV-to-OCF Range Over the Past 10 Years
Min: -427.01 Med: 121.79 Max: 1280.58
Current: 121.81
During the past 11 years, the highest EV-to-OCF of Exemplar REITail was 1280.58. The lowest was -427.01. And the median was 121.79.
JSE:EXP's EV-to-OCF is ranked worse than 96.26% of 936
companies
in the REITs industry
Industry Median: 18.175
vs JSE:EXP: 121.81
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.
Exemplar REITail's PE Ratio (TTM) for today is calculated as:
Exemplar REITail's share price for today is R18.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Exemplar REITail's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R4.138.
* 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.
Exemplar REITail EV-to-OCF Related Terms
Exemplar REITail EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Exemplar REITail'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 - Retail subindustry, Exemplar REITail'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.
Exemplar REITail EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Exemplar REITail's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Exemplar REITail's EV-to-OCF falls into.
Exemplar REITail's current Enterprise Value is R10,764 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Exemplar REITail's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R88 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.
Exemplar REITail (JSE:EXP) has a EV-to-OCF of 121.81 as of Aug. 10, 2026. This is near median its historical median of 121.79. According to the industry distribution chart, Exemplar REITail ranks #901 out of 936 companies in the REITs industry, placing it in the top 96.3%.
Is Exemplar REITail's EV-to-OCF too high?
Exemplar REITail's current EV-to-OCF of 121.81 is near median its 10-year median of 121.79. The REITs industry median EV-to-OCF is 18.18. Exemplar REITail's value of 121.81 is 570.2% above this industry median. Based on the distribution chart, Exemplar REITail ranks #901 out of 936 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Exemplar REITail has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's EV-to-OCF compare to SPG and O?
According to the REITs industry distribution chart, Exemplar REITail ranks #901 out of 936 companies for EV-to-OCF. This places Exemplar REITail in the lower half of its industry. The industry median EV-to-OCF is 18.18. Exemplar REITail's value of 121.81 is 570.2% above this benchmark. While the company's 10-year median is 121.79 vs. the industry median of 18.18, Exemplar REITail 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 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. Exemplar REITail's current EV-to-OCF of 121.81 is 570.2% 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 18.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exemplar REITail's current EV-to-OCF is 121.81, which is near median its own 10-year median of 121.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exemplar REITail stock overvalued right now?
Based on GuruFocus' analysis, Exemplar REITail (JSE:EXP) is currently considered Modestly Overvalued. The stock's GF Value™ is R15.87, compared to a current price of R18.00 — trading 13.4% above its estimated fair value. The current EV-to-OCF is 121.81, which is near median its 10-year median of 121.79 and 570.2% above the REITs industry median of 18.18. Exemplar REITail's overall GF Score™ is 79/100 with 4 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 Exemplar REITail (JSE:EXP), the current EV-to-OCF is 121.81 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?
Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued.
The current stock price of R18.00 is trading 13.4% above its estimated GF Value™ of R15.87.
GuruFocus considers Exemplar REITail to be Modestly Overvalued.
Key valuation signals for JSE:EXP:
EV-to-OCF: 121.81 (near median its 10-year median of 121.79)
GF Value™: R15.87 vs. price of R18.00 (13.4% above fair value)
Industry Position: 570.2% above the REITs median (#901 of 936)
No single metric tells the full story. See the JSE:EXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.
79GF Score
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