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Blackstone Mortgage TrustMEX:BXMT 34 EV-to-OCF is 49.45 as of Sep. 22, 2026, which is 3% below its 10-year median of 51.19. GuruFocus rates MEX:BXMT with a GF Score™ of 34/100 and a GF Value™ of MXN313.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 930 REITs companies, Blackstone Mortgage Trust ranks worse than 89.68% on this metric.
The historical rank and industry rank for Blackstone Mortgage Trust's EV-to-OCF or its related term are showing as below:
MEX:BXMT'
s EV-to-OCF Range Over the Past 10 Years
Min: 32.42 Med: 51.19 Max: 84.51
Current: 49.95
During the past 13 years, the highest EV-to-OCF of Blackstone Mortgage Trust was 84.51. The lowest was 32.42. And the median was 51.19.
MEX:BXMT's EV-to-OCF is ranked worse than 89.68% of 930
companies
in the REITs industry
Industry Median: 17.705
vs MEX:BXMT: 49.95
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.
Blackstone Mortgage Trust's PE Ratio (TTM) for today is calculated as:
Blackstone Mortgage Trust's share price for today is MXN228.84.
Blackstone Mortgage 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 MXN2.165.
* 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.
Blackstone Mortgage Trust EV-to-OCF Related Terms
Blackstone Mortgage 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 - Mortgage subindustry, Blackstone Mortgage 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.
Blackstone Mortgage Trust EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Blackstone Mortgage Trust's EV-to-OCF falls into.
Blackstone Mortgage Trust's current Enterprise Value is MXN299,489 Mil.
Blackstone Mortgage 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 MXN6,056 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.
Blackstone Mortgage Trust (MEX:BXMT) has a EV-to-OCF of 49.45 as of Sep. 22, 2026. This is near median its historical median of 51.19. Over the past decade, Blackstone Mortgage Trust's EV-to-OCF has ranged from 32.42 to 84.51. According to the industry distribution chart, Blackstone Mortgage Trust ranks #834 out of 930 companies in the REITs industry, placing it in the top 89.7%.
Is Blackstone Mortgage Trust's EV-to-OCF too high?
Blackstone Mortgage Trust's current EV-to-OCF of 49.45 is near median its 10-year median of 51.19. Over the past 10 years, this metric has ranged from a low of 32.42 to a high of 84.51. The REITs industry median EV-to-OCF is 17.71. Blackstone Mortgage Trust's value of 49.45 is 179.3% above this industry median. Based on the distribution chart, Blackstone Mortgage Trust ranks #834 out of 930 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Blackstone Mortgage Trust has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's EV-to-OCF compare to ARR and EFC?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #834 out of 930 companies for EV-to-OCF. This places Blackstone Mortgage Trust in the lower half of its industry. The industry median EV-to-OCF is 17.71. Blackstone Mortgage Trust's value of 49.45 is 179.3% above this benchmark. Historically, Blackstone Mortgage Trust's own EV-to-OCF has ranged from 32.42 to 84.51 over the past decade. While the company's 10-year median is 51.19 vs. the industry median of 17.71, Blackstone Mortgage 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 17.71, based on 930 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. Blackstone Mortgage Trust's current EV-to-OCF of 49.45 is 179.3% 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 17.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Mortgage Trust's current EV-to-OCF is 49.45, which is near median its own 10-year median of 51.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Mortgage Trust (MEX:BXMT) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN313.08, compared to a current price of MXN228.84 — trading 26.9% below its estimated fair value. The current EV-to-OCF is 49.45, which is near median its 10-year median of 51.19 and 179.3% above the REITs industry median of 17.71. Blackstone Mortgage Trust's overall GF Score™ is 34/100 with 3 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 Blackstone Mortgage Trust (MEX:BXMT), the current EV-to-OCF is 49.45 as of Sep. 22, 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 Blackstone Mortgage Trust (MEX:BXMT) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued.
The current stock price of MXN228.84 is trading 26.9% below its estimated GF Value™ of MXN313.08.
GuruFocus considers Blackstone Mortgage Trust to be Modestly Undervalued.
Key valuation signals for MEX:BXMT:
EV-to-OCF: 49.45 (near median its 10-year median of 51.19)
GF Value™: MXN313.08 vs. price of MXN228.84 (26.9% below fair value)
Industry Position: 179.3% above the REITs median (#834 of 930)
No single metric tells the full story. See the MEX:BXMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone Mortgage Trust Inc. is a real estate finance company, externally managed by an affiliate of Blackstone Inc., that originates, acquires, and manages senior loans and other credit-oriented investments collateralized by commercial real estate. Its portfolio consists primarily of senior mortgage loans secured by institutional-quality properties in major markets across the United States, Europe, and Australia, typically sponsored by experienced, well-capitalized real estate owners and operators. The company funds its investments through secured credit facilities, collateralized loan obligations, other securitization transactions, loan syndications and participations, and other asset-level financing. Revenue is generated mainly through interest income earned on its loan portfolio, net of financing costs, and it operates as a real estate investment trust, distributing the majority of its taxable income to shareholders. The company is headquartered in New York.
34GF Score
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