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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nippon Prologis REIT's Enterprise Value is $6,703.0 Mil.
Nippon Prologis REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was $275.5 Mil. Therefore, Nippon Prologis REIT's EV-to-OCF for today is 24.33.
The historical rank and industry rank for Nippon Prologis REIT's EV-to-OCF or its related term are showing as below:
NPONF'
s EV-to-OCF Range Over the Past 10 Years
Min: 15.55 Med: 28.1 Max: 41.37
Current: 24.72
During the past 12 years, the highest EV-to-OCF of Nippon Prologis REIT was 41.37. The lowest was 15.55. And the median was 28.10.
NPONF's EV-to-OCF is ranked worse than 70.82% of 922
companies
in the REITs industry
Industry Median: 17.845
vs NPONF: 24.72
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.
Nippon Prologis REIT's PE Ratio (TTM) for today is calculated as:
Nippon Prologis REIT's share price for today is $532.49.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Prologis REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $22.642.
* 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.
Nippon Prologis REIT EV-to-OCF Related Terms
Nippon Prologis REIT EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Nippon Prologis REIT'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, Nippon Prologis REIT'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.
Nippon Prologis REIT EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Prologis REIT's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nippon Prologis REIT's EV-to-OCF falls into.
Nippon Prologis REIT's current Enterprise Value is $6,703.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nippon Prologis REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was $275.5 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.
Nippon Prologis REIT (NPONF) has a EV-to-OCF of 24.33 as of Aug. 26, 2026. This is 13% below median its historical median of 28.10. Over the past decade, Nippon Prologis REIT's EV-to-OCF has ranged from 15.55 to 41.37. According to the industry distribution chart, Nippon Prologis REIT ranks #653 out of 922 companies in the REITs industry, placing it in the top 70.8%.
Is Nippon Prologis REIT's EV-to-OCF too high?
Nippon Prologis REIT's current EV-to-OCF of 24.33 is 13% below median its 10-year median of 28.10. Over the past 10 years, this metric has ranged from a low of 15.55 to a high of 41.37. The REITs industry median EV-to-OCF is 17.85. Nippon Prologis REIT's value of 24.33 is 36.3% above this industry median. Based on the distribution chart, Nippon Prologis REIT ranks #653 out of 922 companies in the REITs industry, which is below the industry midpoint. Overall, Nippon Prologis REIT has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Prologis REIT's EV-to-OCF compare to PLD and PSA?
According to the REITs industry distribution chart, Nippon Prologis REIT ranks #653 out of 922 companies for EV-to-OCF. This places Nippon Prologis REIT in the lower half of its industry. The industry median EV-to-OCF is 17.85. Nippon Prologis REIT's value of 24.33 is 36.3% above this benchmark. Historically, Nippon Prologis REIT's own EV-to-OCF has ranged from 15.55 to 41.37 over the past decade. While the company's 10-year median is 28.10 vs. the industry median of 17.85, Nippon Prologis REIT 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 17.85, based on 922 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. Nippon Prologis REIT's current EV-to-OCF of 24.33 is 36.3% 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 17.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Prologis REIT's current EV-to-OCF is 24.33, which is 13% below median its own 10-year median of 28.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Prologis REIT stock overvalued right now?
Nippon Prologis REIT (NPONF) has a current EV-to-OCF of 24.33. The stock's GF Value™ is $552.19, compared to a current price of $532.49 — trading 3.6% below its estimated fair value. The current EV-to-OCF is 24.33, which is 13% below median its 10-year median of 28.10 and 36.3% above the REITs industry median of 17.85. Nippon Prologis REIT's overall GF Score™ is 76/100 with 5 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 Nippon Prologis REIT (NPONF), the current EV-to-OCF is 24.33 as of Aug. 26, 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 Nippon Prologis REIT (NPONF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Prologis REIT stock appears to be undervalued.
The current stock price of $532.49 is trading 3.6% below its estimated GF Value™ of $552.19.
Key valuation signals for NPONF:
EV-to-OCF: 24.33 (13% below median its 10-year median of 28.10)
GF Value™: $552.19 vs. price of $532.49 (3.6% below fair value)
Industry Position: 36.3% above the REITs median (#653 of 922)
No single metric tells the full story. See the NPONF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Prologis REIT Inc is focused on logistics facilities in Japan. Its investment objective is to maximize unit holder value through a portfolio that generates stable income and achieves steady growth. It invests in high quality Class-A logistics facilities, owning and operating them for medium- to long-term purposes.
76GF Score
Get the complete analysis for NPONF
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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