PICJF (NTT UD Reit Investment) EV-to-OCF: 13.42 (As of Aug. 16, 2026) — 13% Below Median

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PICJF NTT UD Reit Investment Corp PICJF
67 GF Score
Price $892.43
GF Value $949.92
! 7 Warning Signs
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What is NTT UD Reit Investment EV-to-OCF?

NTT UD Reit Investment PICJF 67 EV-to-OCF is 13.42 as of Aug. 16, 2026, which is 13% below its 10-year median of 15.38. GuruFocus rates PICJF with a GF Score™ of 67/100 and a GF Value™ of $949.92. The stock has 7 warning signs investors should review. Among 928 REITs companies, NTT UD Reit Investment ranks better than 63.15% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, NTT UD Reit Investment's Enterprise Value is $1,931.5 Mil. NTT UD Reit Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $143.9 Mil. Therefore, NTT UD Reit Investment's EV-to-OCF for today is 13.42.

The historical rank and industry rank for NTT UD Reit Investment's EV-to-OCF or its related term are showing as below:

PICJF' s EV-to-OCF Range Over the Past 10 Years
Min: 10.63   Med: 15.38   Max: 29.73
Current: 13.86

During the past 13 years, the highest EV-to-OCF of NTT UD Reit Investment was 29.73. The lowest was 10.63. And the median was 15.38.

PICJF's EV-to-OCF is ranked better than
63.15% of 928 companies
in the REITs industry
Industry Median: 18.15 vs PICJF: 13.86

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.

As of today (2026-08-16), NTT UD Reit Investment's stock price is $892.428. NTT UD Reit Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $39.374. Therefore, NTT UD Reit Investment's PE Ratio (TTM) for today is 22.67.


NTT UD Reit Investment  (OTCPK:PICJF) 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.

NTT UD Reit Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=892.428/39.374
=22.67

NTT UD Reit Investment's share price for today is $892.428.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NTT UD Reit Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $39.374.

* 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.


NTT UD Reit Investment EV-to-OCF Related Terms


NTT UD Reit Investment EV-to-OCF Historical Data

* Premium members only.

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment EV-to-OCF Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.17 11.56 13.59 24.28 12.26

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 24.28 0.00 12.26 0.00

PICJF vs VICI, WPC: EV-to-OCF Comparison

For the REIT - Diversified subindustry, NTT UD Reit Investment'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.


NTT UD Reit Investment EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's EV-to-OCF falls into.


PICJF
67GF Score
NTT UD Reit Investment Corp PICJF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT UD Reit Investment EV-to-OCF Calculation

NTT UD Reit Investment's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1931.483/143.934
=13.42

NTT UD Reit Investment's current Enterprise Value is $1,931.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NTT UD Reit Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $143.9 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 13.42 mean?
NTT UD Reit Investment (PICJF) has a EV-to-OCF of 13.42 as of Aug. 16, 2026. This is 13% below median its historical median of 15.38. Over the past decade, NTT UD Reit Investment's EV-to-OCF has ranged from 10.63 to 29.73. According to the industry distribution chart, NTT UD Reit Investment ranks #342 out of 928 companies in the REITs industry, placing it in the top 36.9%.
Is NTT UD Reit Investment's EV-to-OCF too high?
NTT UD Reit Investment's current EV-to-OCF of 13.42 is 13% below median its 10-year median of 15.38. Over the past 10 years, this metric has ranged from a low of 10.63 to a high of 29.73. The REITs industry median EV-to-OCF is 18.15. NTT UD Reit Investment's value of 13.42 is 26.1% below this industry median. Based on the distribution chart, NTT UD Reit Investment ranks #342 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, NTT UD Reit Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's EV-to-OCF compare to VICI and WPC?
According to the REITs industry distribution chart, NTT UD Reit Investment ranks #342 out of 928 companies for EV-to-OCF. This puts NTT UD Reit Investment in the upper half of its industry. The industry median EV-to-OCF is 18.15. NTT UD Reit Investment's value of 13.42 is 26.1% below this benchmark. Historically, NTT UD Reit Investment's own EV-to-OCF has ranged from 10.63 to 29.73 over the past decade. While the company's 10-year median is 15.38 vs. the industry median of 18.15, NTT UD Reit Investment has consistently been below 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 18.15, based on 928 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. NTT UD Reit Investment's current EV-to-OCF of 13.42 is 26.1% below 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 18.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT UD Reit Investment's current EV-to-OCF is 13.42, which is 13% below median its own 10-year median of 15.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current EV-to-OCF of 13.42. The stock's GF Value™ is $949.92, compared to a current price of $892.43 — trading 6.1% below its estimated fair value. The current EV-to-OCF is 13.42, which is 13% below median its 10-year median of 15.38 and 26.1% below the REITs industry median of 18.15. NTT UD Reit Investment's overall GF Score™ is 67/100 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 NTT UD Reit Investment (PICJF), the current EV-to-OCF is 13.42 as of Aug. 16, 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 6.1% below its estimated GF Value™ of $949.92.

Key valuation signals for PICJF:

  • EV-to-OCF: 13.42 (13% below median its 10-year median of 15.38)
  • GF Value™: $949.92 vs. price of $892.43 (6.1% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 26.1% below the REITs median (#342 of 928)

No single metric tells the full story. See the PICJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
67GF Score

Get the complete analysis for PICJF

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$892.43
Price
$949.92
GF Value