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The historical rank and industry rank for Mindspace Business Parks REIT's EV-to-OCF or its related term are showing as below:
NSE:MINDSPACE'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.31 Med: 22.97 Max: 89.02
Current: 77.54
During the past 9 years, the highest EV-to-OCF of Mindspace Business Parks REIT was 89.02. The lowest was 12.31. And the median was 22.97.
NSE:MINDSPACE's EV-to-OCF is ranked worse than 93.22% of 929
companies
in the REITs industry
Industry Median: 18.21
vs NSE:MINDSPACE: 77.54
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.
Mindspace Business Parks REIT (NSE:MINDSPACE) 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.
Mindspace Business Parks REIT's PE Ratio (TTM) for today is calculated as:
Mindspace Business Parks REIT's share price for today is ₹495.27.
Mindspace Business Parks REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹11.670.
* 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.
Mindspace Business Parks REIT EV-to-OCF Related Terms
Mindspace Business Parks REIT 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.
NSE:MINDSPACE vs BXP, ARE, VNO: EV-to-OCF Comparison
For the REIT - Office subindustry, Mindspace Business Parks 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.
Mindspace Business Parks REIT EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Mindspace Business Parks REIT's EV-to-OCF falls into.
Mindspace Business Parks REIT's current Enterprise Value is ₹453,795 Mil.
Mindspace Business Parks REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,844 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.
Mindspace Business Parks REIT (NSE:MINDSPACE) has a EV-to-OCF of 77.65 as of Aug. 15, 2026. This is 238% above median its historical median of 22.97. Over the past decade, Mindspace Business Parks REIT's EV-to-OCF has ranged from 12.31 to 89.02. According to the industry distribution chart, Mindspace Business Parks REIT ranks #866 out of 929 companies in the REITs industry, placing it in the top 93.2%.
Is Mindspace Business Parks REIT's EV-to-OCF too high?
Mindspace Business Parks REIT's current EV-to-OCF of 77.65 is 238% above median its 10-year median of 22.97. Over the past 10 years, this metric has ranged from a low of 12.31 to a high of 89.02. The REITs industry median EV-to-OCF is 18.21. Mindspace Business Parks REIT's value of 77.65 is 326.4% above this industry median. Based on the distribution chart, Mindspace Business Parks REIT ranks #866 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Mindspace Business Parks REIT has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mindspace Business Parks REIT's EV-to-OCF compare to BXP and ARE?
According to the REITs industry distribution chart, Mindspace Business Parks REIT ranks #866 out of 929 companies for EV-to-OCF. This places Mindspace Business Parks REIT in the lower half of its industry. The industry median EV-to-OCF is 18.21. Mindspace Business Parks REIT's value of 77.65 is 326.4% above this benchmark. Historically, Mindspace Business Parks REIT's own EV-to-OCF has ranged from 12.31 to 89.02 over the past decade. While the company's 10-year median is 22.97 vs. the industry median of 18.21, Mindspace Business Parks 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 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. Mindspace Business Parks REIT's current EV-to-OCF of 77.65 is 326.4% 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. Mindspace Business Parks REIT's current EV-to-OCF is 77.65, which is 238% above median its own 10-year median of 22.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mindspace Business Parks REIT stock overvalued right now?
Based on GuruFocus' analysis, Mindspace Business Parks REIT (NSE:MINDSPACE) is currently considered Fairly Valued. The stock's GF Value™ is ₹502.05, compared to a current price of ₹495.27 — trading 1.4% below its estimated fair value. The current EV-to-OCF is 77.65, which is 238% above median its 10-year median of 22.97 and 326.4% above the REITs industry median of 18.21. Mindspace Business Parks REIT's overall GF Score™ is 84/100 with 7 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 Mindspace Business Parks REIT (NSE:MINDSPACE), the current EV-to-OCF is 77.65 as of Aug. 15, 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 Mindspace Business Parks REIT (NSE:MINDSPACE) Overvalued in 2026?
Based on GuruFocus' analysis, Mindspace Business Parks REIT stock appears to be undervalued.
The current stock price of ₹495.27 is trading 1.4% below its estimated GF Value™ of ₹502.05.
GuruFocus considers Mindspace Business Parks REIT to be Fairly Valued.
Key valuation signals for NSE:MINDSPACE:
EV-to-OCF: 77.65 (238% above median its 10-year median of 22.97)
GF Value™: ₹502.05 vs. price of ₹495.27 (1.4% below fair value)
Industry Position: 326.4% above the REITs median (#866 of 929)
No single metric tells the full story. See the NSE:MINDSPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune, and Chennai in India. The company's portfolio has several integrated business parks with superior infrastructure and amenities (such as restaurants, creches, and outdoor sports arenas) and five quality independent offices.
84GF Score
Get the complete analysis for NSE:MINDSPACE
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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