KWIPF (Kiwi Property Group) EV-to-OCF: 34.47 (As of Aug. 10, 2026) — 29% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

KWIPF Kiwi Property Group Ltd KWIPF
43 GF Score
Price $0.56
GF Value $0.52
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is Kiwi Property Group EV-to-OCF?

Kiwi Property Group KWIPF +5.72% 43 EV-to-OCF is 34.47 as of Aug. 10, 2026, which is 29% above its 10-year median of 26.71. GuruFocus rates KWIPF with a GF Score™ of 43/100 and a GF Value™ of $0.52 (Fairly Valued). The stock has 10 warning signs investors should review. Among 936 REITs companies, Kiwi Property Group ranks worse than 82.05% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Kiwi Property Group's Enterprise Value is $1,655.2 Mil. Kiwi Property Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $48.0 Mil. Therefore, Kiwi Property Group's EV-to-OCF for today is 34.47.

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

KWIPF' s EV-to-OCF Range Over the Past 10 Years
Min: 21.01   Med: 26.71   Max: 38.16
Current: 34.47

During the past 12 years, the highest EV-to-OCF of Kiwi Property Group was 38.16. The lowest was 21.01. And the median was 26.71.

KWIPF's EV-to-OCF is ranked worse than
82.05% of 936 companies
in the REITs industry
Industry Median: 18.175 vs KWIPF: 34.47

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 (2026-08-10), Kiwi Property Group's stock price is $0.56169. Kiwi Property Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.018. Therefore, Kiwi Property Group's PE Ratio (TTM) for today is 31.21.


Kiwi Property Group  (OTCPK:KWIPF) 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.

Kiwi Property Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.56169/0.018
=31.21

Kiwi Property Group's share price for today is $0.56169.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kiwi Property Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.018.

* 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.


Kiwi Property Group EV-to-OCF Related Terms


Kiwi Property Group EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Kiwi Property 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.

Kiwi Property Group EV-to-OCF Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.71 22.54 25.32 33.35 33.08

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 25.32 0.00 33.35 0.00 33.08

KWIPF vs VICI, WPC, BNL: EV-to-OCF Comparison

For the REIT - Diversified subindustry, Kiwi Property 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.


Kiwi Property Group EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, Kiwi Property Group's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Kiwi Property Group's EV-to-OCF falls into.


KWIPF
43GF Score
Kiwi Property Group Ltd KWIPF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiwi Property Group EV-to-OCF Calculation

Kiwi Property Group's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1655.185/48.016
=34.47

Kiwi Property Group's current Enterprise Value is $1,655.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kiwi Property Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $48.0 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 34.47 mean?
Kiwi Property Group (KWIPF) has a EV-to-OCF of 34.47 as of Aug. 10, 2026. This is 29% above median its historical median of 26.71. Over the past decade, Kiwi Property Group's EV-to-OCF has ranged from 21.01 to 38.16. According to the industry distribution chart, Kiwi Property Group ranks #768 out of 936 companies in the REITs industry, placing it in the top 82.1%.
Is Kiwi Property Group's EV-to-OCF too high?
Kiwi Property Group's current EV-to-OCF of 34.47 is 29% above median its 10-year median of 26.71. Over the past 10 years, this metric has ranged from a low of 21.01 to a high of 38.16. The REITs industry median EV-to-OCF is 18.18. Kiwi Property Group's value of 34.47 is 89.7% above this industry median. Based on the distribution chart, Kiwi Property Group ranks #768 out of 936 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Kiwi Property Group has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's EV-to-OCF compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #768 out of 936 companies for EV-to-OCF. This places Kiwi Property Group in the lower half of its industry. The industry median EV-to-OCF is 18.18. Kiwi Property Group's value of 34.47 is 89.7% above this benchmark. Historically, Kiwi Property Group's own EV-to-OCF has ranged from 21.01 to 38.16 over the past decade. While the company's 10-year median is 26.71 vs. the industry median of 18.18, Kiwi Property 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 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. Kiwi Property Group's current EV-to-OCF of 34.47 is 89.7% 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 18.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiwi Property Group's current EV-to-OCF is 34.47, which is 29% above median its own 10-year median of 26.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Fairly Valued. The stock's GF Value™ is $0.52, compared to a current price of $0.56 — trading 8% above its estimated fair value. The current EV-to-OCF is 34.47, which is 29% above median its 10-year median of 26.71 and 89.7% above the REITs industry median of 18.18. Kiwi Property Group's overall GF Score™ is 43/100 with 10 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 Kiwi Property Group (KWIPF), the current EV-to-OCF is 34.47 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.56 is trading 8% above its estimated GF Value™ of $0.52. GuruFocus considers Kiwi Property Group to be Fairly Valued.

Key valuation signals for KWIPF:

  • EV-to-OCF: 34.47 (29% above median its 10-year median of 26.71)
  • GF Value™: $0.52 vs. price of $0.56 (8% above fair value)
  • GF Score™: 43/100 with 10 warning signs
  • Industry Position: 89.7% above the REITs median (#768 of 936)

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


Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
43GF Score

Get the complete analysis for KWIPF

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

$0.56
Price
$0.52
GF Value