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GLP J-REITTSE:3281 -0.82%79 EV-to-OCF is 15.30 as of Sep. 12, 2026, which is 43% below its 10-year median of 26.93. GuruFocus rates TSE:3281 with a GF Score™ of 79/100 and a GF Value™ of 円145,892.06 (Fairly Valued). The stock has 5 warning signs investors should review. Among 919 REITs companies, GLP J-REIT ranks better than 56.91% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, GLP J-REIT's Enterprise Value is 円995,596 Mil.
GLP J-REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円65,089 Mil. Therefore, GLP J-REIT's EV-to-OCF for today is 15.30.
The historical rank and industry rank for GLP J-REIT's EV-to-OCF or its related term are showing as below:
TSE:3281'
s EV-to-OCF Range Over the Past 10 Years
Min: 15.3 Med: 26.93 Max: 40.75
Current: 15.3
During the past 13 years, the highest EV-to-OCF of GLP J-REIT was 40.75. The lowest was 15.30. And the median was 26.93.
TSE:3281's EV-to-OCF is ranked better than 56.91% of 919
companies
in the REITs industry
Industry Median: 17.66
vs TSE:3281: 15.30
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.
GLP J-REIT's share price for today is 円132500.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GLP J-REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円6452.785.
* 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.
GLP J-REIT EV-to-OCF Related Terms
GLP J-REIT EV-to-OCF Historical Data
* Premium members only.
The historical data trend for GLP J-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, GLP J-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.
GLP J-REIT EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, GLP J-REIT's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where GLP J-REIT's EV-to-OCF falls into.
GLP J-REIT's current Enterprise Value is 円995,596 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GLP J-REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円65,089 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.
GLP J-REIT (TSE:3281) has a EV-to-OCF of 15.30 as of Sep. 12, 2026. This is 43% below median its historical median of 26.93. Over the past decade, GLP J-REIT's EV-to-OCF has ranged from 15.30 to 40.75. According to the industry distribution chart, GLP J-REIT ranks #396 out of 919 companies in the REITs industry, placing it in the top 43.1%.
Is GLP J-REIT's EV-to-OCF too high?
GLP J-REIT's current EV-to-OCF of 15.30 is 43% below median its 10-year median of 26.93. Over the past 10 years, this metric has ranged from a low of 15.30 to a high of 40.75. The REITs industry median EV-to-OCF is 17.66. GLP J-REIT's value of 15.30 is 13.4% below this industry median. Based on the distribution chart, GLP J-REIT ranks #396 out of 919 companies in the REITs industry, which is above the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's EV-to-OCF compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #396 out of 919 companies for EV-to-OCF. This puts GLP J-REIT in the upper half of its industry. The industry median EV-to-OCF is 17.66. GLP J-REIT's value of 15.30 is 13.4% below this benchmark. Historically, GLP J-REIT's own EV-to-OCF has ranged from 15.30 to 40.75 over the past decade. While the company's 10-year median is 26.93 vs. the industry median of 17.66, GLP J-REIT 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 17.66, based on 919 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. GLP J-REIT's current EV-to-OCF of 15.30 is 13.4% 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 17.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current EV-to-OCF is 15.30, which is 43% below median its own 10-year median of 26.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
Based on GuruFocus' analysis, GLP J-REIT (TSE:3281) is currently considered Fairly Valued. The stock's GF Value™ is 円145,892.06, compared to a current price of 円132,500.00 — trading 9.2% below its estimated fair value. The current EV-to-OCF is 15.30, which is 43% below median its 10-year median of 26.93 and 13.4% below the REITs industry median of 17.66. GLP J-REIT's overall GF Score™ is 79/100 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 GLP J-REIT (TSE:3281), the current EV-to-OCF is 15.30 as of Sep. 12, 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 GLP J-REIT (TSE:3281) Overvalued in 2026?
Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued.
The current stock price of 円132,500.00 is trading 9.2% below its estimated GF Value™ of 円145,892.06.
GuruFocus considers GLP J-REIT to be Fairly Valued.
Key valuation signals for TSE:3281:
EV-to-OCF: 15.30 (43% below median its 10-year median of 26.93)
GF Value™: 円145,892.06 vs. price of 円132,500.00 (9.2% below fair value)
Industry Position: 13.4% below the REITs median (#396 of 919)
No single metric tells the full story. See the TSE:3281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
79GF Score
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