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Retail EstatesLTS:0FSO 68 EV-to-OCF is 19.23 as of Aug. 14, 2026, which is 32% below its 10-year median of 28.23. GuruFocus rates LTS:0FSO with a GF Score™ of 68/100 and a GF Value™ of €67.17 (Fairly Valued). The stock has 9 warning signs investors should review. Among 929 REITs companies, Retail Estates ranks worse than 53.5% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Retail Estates's Enterprise Value is €1,843.0 Mil.
Retail Estates's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €95.8 Mil. Therefore, Retail Estates's EV-to-OCF for today is 19.23.
The historical rank and industry rank for Retail Estates's EV-to-OCF or its related term are showing as below:
LTS:0FSO'
s EV-to-OCF Range Over the Past 10 Years
Min: 14.98 Med: 28.23 Max: 39.55
Current: 19.33
During the past 13 years, the highest EV-to-OCF of Retail Estates was 39.55. The lowest was 14.98. And the median was 28.23.
LTS:0FSO's EV-to-OCF is ranked worse than 53.5% of 929
companies
in the REITs industry
Industry Median: 18.21
vs LTS:0FSO: 19.33
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.
Retail Estates's PE Ratio (TTM) for today is calculated as:
Retail Estates's share price for today is €72.10.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €8.220.
* 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.
Retail Estates EV-to-OCF Related Terms
Retail Estates EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Retail Estates'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, Retail Estates'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.
Retail Estates EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Retail Estates's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Retail Estates's EV-to-OCF falls into.
Retail Estates's current Enterprise Value is €1,843.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Retail Estates's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €95.8 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.
Retail Estates (LTS:0FSO) has a EV-to-OCF of 19.23 as of Aug. 14, 2026. This is 32% below median its historical median of 28.23. Over the past decade, Retail Estates' EV-to-OCF has ranged from 14.98 to 39.55. According to the industry distribution chart, Retail Estates ranks #497 out of 929 companies in the REITs industry, placing it in the top 53.5%.
Is Retail Estates' EV-to-OCF too high?
Retail Estates' current EV-to-OCF of 19.23 is 32% below median its 10-year median of 28.23. Over the past 10 years, this metric has ranged from a low of 14.98 to a high of 39.55. The REITs industry median EV-to-OCF is 18.21. Retail Estates' value of 19.23 is 5.6% above this industry median. Based on the distribution chart, Retail Estates ranks #497 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Retail Estates has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Retail Estates' EV-to-OCF compare to SPG and O?
According to the REITs industry distribution chart, Retail Estates ranks #497 out of 929 companies for EV-to-OCF. This places Retail Estates in the lower half of its industry. The industry median EV-to-OCF is 18.21. Retail Estates' value of 19.23 is 5.6% above this benchmark. Historically, Retail Estates' own EV-to-OCF has ranged from 14.98 to 39.55 over the past decade. While the company's 10-year median is 28.23 vs. the industry median of 18.21, Retail Estates 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 18.21, based on 929 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. Retail Estates's current EV-to-OCF of 19.23 is 5.6% 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 18.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Retail Estates's current EV-to-OCF is 19.23, which is 32% below median its own 10-year median of 28.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retail Estates stock overvalued right now?
Based on GuruFocus' analysis, Retail Estates (LTS:0FSO) is currently considered Fairly Valued. The stock's GF Value™ is €67.17, compared to a current price of €72.10 — trading 7.3% above its estimated fair value. The current EV-to-OCF is 19.23, which is 32% below median its 10-year median of 28.23 and 5.6% above the REITs industry median of 18.21. Retail Estates' overall GF Score™ is 68/100 with 9 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 Retail Estates (LTS:0FSO), the current EV-to-OCF is 19.23 as of Aug. 14, 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 Retail Estates (LTS:0FSO) Overvalued in 2026?
Based on GuruFocus' analysis, Retail Estates stock appears to be overvalued.
The current stock price of €72.10 is trading 7.3% above its estimated GF Value™ of €67.17.
GuruFocus considers Retail Estates to be Fairly Valued.
Key valuation signals for LTS:0FSO:
EV-to-OCF: 19.23 (32% below median its 10-year median of 28.23)
GF Value™: €67.17 vs. price of €72.10 (7.3% above fair value)
Industry Position: 5.6% above the REITs median (#497 of 929)
No single metric tells the full story. See the LTS:0FSO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Retail Estates SA is a real estate investment trust that invests mainly in retail properties. It is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. It has distinguished between two geographical segments: Belgium and the Netherlands. The majority of revenue comes from Belgium.
68GF Score
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