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Fukuoka REITTSE:8968 +0.29%64 EV-to-OCF is 23.07 as of Sep. 15, 2026, which is 4% below its 10-year median of 24.15. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円176,205.93 (Fairly Valued). The stock has 5 warning signs investors should review. Among 930 REITs companies, Fukuoka REIT ranks worse than 67.85% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fukuoka REIT's Enterprise Value is 円241,275 Mil.
Fukuoka REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円10,460 Mil. Therefore, Fukuoka REIT's EV-to-OCF for today is 23.07.
The historical rank and industry rank for Fukuoka REIT's EV-to-OCF or its related term are showing as below:
TSE:8968'
s EV-to-OCF Range Over the Past 10 Years
Min: 13.54 Med: 24.15 Max: 30.8
Current: 22.88
During the past 13 years, the highest EV-to-OCF of Fukuoka REIT was 30.80. The lowest was 13.54. And the median was 24.15.
TSE:8968's EV-to-OCF is ranked worse than 67.85% of 930
companies
in the REITs industry
Industry Median: 17.535
vs TSE:8968: 22.88
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.
Fukuoka REIT's PE Ratio (TTM) for today is calculated as:
Fukuoka REIT's share price for today is 円173500.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fukuoka REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円9271.000.
* 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.
Fukuoka REIT EV-to-OCF Related Terms
Fukuoka REIT EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fukuoka 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 - Diversified subindustry, Fukuoka 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.
Fukuoka REIT EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Fukuoka REIT's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fukuoka REIT's EV-to-OCF falls into.
Fukuoka REIT's current Enterprise Value is 円241,275 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fukuoka REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 円10,460 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.
Fukuoka REIT (TSE:8968) has a EV-to-OCF of 23.07 as of Sep. 15, 2026. This is near median its historical median of 24.15. Over the past decade, Fukuoka REIT's EV-to-OCF has ranged from 13.54 to 30.80. According to the industry distribution chart, Fukuoka REIT ranks #631 out of 930 companies in the REITs industry, placing it in the top 67.8%.
Is Fukuoka REIT's EV-to-OCF too high?
Fukuoka REIT's current EV-to-OCF of 23.07 is near median its 10-year median of 24.15. Over the past 10 years, this metric has ranged from a low of 13.54 to a high of 30.80. The REITs industry median EV-to-OCF is 17.54. Fukuoka REIT's value of 23.07 is 31.6% above this industry median. Based on the distribution chart, Fukuoka REIT ranks #631 out of 930 companies in the REITs industry, which is below the industry midpoint. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's EV-to-OCF compare to VICI and WPC?
According to the REITs industry distribution chart, Fukuoka REIT ranks #631 out of 930 companies for EV-to-OCF. This places Fukuoka REIT in the lower half of its industry. The industry median EV-to-OCF is 17.54. Fukuoka REIT's value of 23.07 is 31.6% above this benchmark. Historically, Fukuoka REIT's own EV-to-OCF has ranged from 13.54 to 30.80 over the past decade. While the company's 10-year median is 24.15 vs. the industry median of 17.54, Fukuoka 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 17.54, 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. Fukuoka REIT's current EV-to-OCF of 23.07 is 31.6% 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 17.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukuoka REIT's current EV-to-OCF is 23.07, which is near median its own 10-year median of 24.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka REIT stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円176,205.93, compared to a current price of 円173,500.00 — trading 1.5% below its estimated fair value. The current EV-to-OCF is 23.07, which is near median its 10-year median of 24.15 and 31.6% above the REITs industry median of 17.54. Fukuoka REIT's overall GF Score™ is 64/100 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 Fukuoka REIT (TSE:8968), the current EV-to-OCF is 23.07 as of Sep. 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?
Based on GuruFocus' analysis, Fukuoka REIT stock appears to be undervalued.
The current stock price of 円173,500.00 is trading 1.5% below its estimated GF Value™ of 円176,205.93.
GuruFocus considers Fukuoka REIT to be Fairly Valued.
Key valuation signals for TSE:8968:
EV-to-OCF: 23.07 (near median its 10-year median of 24.15)
GF Value™: 円176,205.93 vs. price of 円173,500.00 (1.5% below fair value)
Industry Position: 31.6% above the REITs median (#631 of 930)
No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.
64GF Score
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