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Modiv IndustrialMDV 49 EV-to-OCF is 30.62 as of Aug. 29, 2026, which is 9% above its 10-year median of 28.22. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 921 REITs companies, Modiv Industrial ranks worse than 80.78% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Modiv Industrial's Enterprise Value is $476.46 Mil.
Modiv Industrial's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $15.56 Mil. Therefore, Modiv Industrial's EV-to-OCF for today is 30.62.
The historical rank and industry rank for Modiv Industrial's EV-to-OCF or its related term are showing as below:
MDV'
s EV-to-OCF Range Over the Past 10 Years
Min: 17.17 Med: 28.22 Max: 66.46
Current: 30.62
During the past 7 years, the highest EV-to-OCF of Modiv Industrial was 66.46. The lowest was 17.17. And the median was 28.22.
MDV's EV-to-OCF is ranked worse than 80.78% of 921
companies
in the REITs industry
Industry Median: 17.88
vs MDV: 30.62
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.
Modiv Industrial's PE Ratio (TTM) for today is calculated as:
Modiv Industrial's share price for today is $18.05.
Modiv Industrial'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 $0.360.
* 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.
Modiv Industrial EV-to-OCF Related Terms
Modiv Industrial EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Modiv Industrial'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 - Industrial subindustry, Modiv Industrial'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.
Modiv Industrial EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Modiv Industrial's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Modiv Industrial's EV-to-OCF falls into.
Modiv Industrial's current Enterprise Value is $476.46 Mil.
Modiv Industrial'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 $15.56 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.
Modiv Industrial (MDV) has a EV-to-OCF of 30.62 as of Aug. 29, 2026. This is near median its historical median of 28.22. Over the past decade, Modiv Industrial's EV-to-OCF has ranged from 17.17 to 66.46. According to the industry distribution chart, Modiv Industrial ranks #744 out of 921 companies in the REITs industry, placing it in the top 80.8%.
Is Modiv Industrial's EV-to-OCF too high?
Modiv Industrial's current EV-to-OCF of 30.62 is near median its 10-year median of 28.22. Over the past 10 years, this metric has ranged from a low of 17.17 to a high of 66.46. The REITs industry median EV-to-OCF is 17.88. Modiv Industrial's value of 30.62 is 71.3% above this industry median. Based on the distribution chart, Modiv Industrial ranks #744 out of 921 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's EV-to-OCF compare to ILPT and PLD?
According to the REITs industry distribution chart, Modiv Industrial ranks #744 out of 921 companies for EV-to-OCF. This places Modiv Industrial in the lower half of its industry. The industry median EV-to-OCF is 17.88. Modiv Industrial's value of 30.62 is 71.3% above this benchmark. Historically, Modiv Industrial's own EV-to-OCF has ranged from 17.17 to 66.46 over the past decade. While the company's 10-year median is 28.22 vs. the industry median of 17.88, Modiv Industrial 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. Modiv Industrial's current EV-to-OCF of 30.62 is 71.3% 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. Modiv Industrial's current EV-to-OCF is 30.62, which is near median its own 10-year median of 28.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $18.05 — trading 37.9% above its estimated fair value. The current EV-to-OCF is 30.62, which is near median its 10-year median of 28.22 and 71.3% above the REITs industry median of 17.88. Modiv Industrial's overall GF Score™ is 49/100 with 12 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 Modiv Industrial (MDV), the current EV-to-OCF is 30.62 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 Modiv Industrial (MDV) Overvalued in 2026?
Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued.
The current stock price of $18.05 is trading 37.9% above its estimated GF Value™ of $13.09.
GuruFocus considers Modiv Industrial to be Significantly Overvalued.
Key valuation signals for MDV:
EV-to-OCF: 30.62 (near median its 10-year median of 28.22)
GF Value™: $13.09 vs. price of $18.05 (37.9% above fair value)
Industry Position: 71.3% above the REITs median (#744 of 921)
No single metric tells the full story. See the MDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
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