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TSX:DIR.UN's EV-to-OCF is ranked worse than 73.76% of 930
companies
in the REITs industry
Industry Median: 18.39
vs TSX:DIR.UN: 27.41
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.
Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) 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.
Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) for today is calculated as:
Dream Industrial Real Estate Investment Trust's share price for today is C$14.75.
Dream Industrial Real Estate Investment Trust'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 C$0.628.
* 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.
Dream Industrial Real Estate Investment Trust EV-to-OCF Related Terms
Dream Industrial Real Estate Investment Trust 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.
Dream Industrial Real Estate Investment Trust EV-to-OCF Chart
Dream Industrial Real Estate Investment Trust Annual Data
* 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.
Dream Industrial Real Estate Investment Trust EV-to-OCF vs REITs Industry
Dream Industrial Real Estate Investment Trust's current Enterprise Value is C$7,080.2 Mil.
Dream Industrial Real Estate Investment Trust'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 C$257.3 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.
Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) has a EV-to-OCF of 27.52 as of Jul. 29, 2026. This is near median its historical median of 25.96. Over the past decade, Dream Industrial Real Estate Investment Trust's EV-to-OCF has ranged from 14.08 to 36.32. According to the industry distribution chart, Dream Industrial Real Estate Investment Trust ranks #686 out of 930 companies in the REITs industry, placing it in the top 73.8%.
Is Dream Industrial Real Estate Investment Trust's EV-to-OCF too high?
Dream Industrial Real Estate Investment Trust's current EV-to-OCF of 27.52 is near median its 10-year median of 25.96. Over the past 10 years, this metric has ranged from a low of 14.08 to a high of 36.32. The REITs industry median EV-to-OCF is 18.39. Dream Industrial Real Estate Investment Trust's value of 27.52 is 49.6% above this industry median. Based on the distribution chart, Dream Industrial Real Estate Investment Trust ranks #686 out of 930 companies in the REITs industry, which is below the industry midpoint. Overall, Dream Industrial Real Estate Investment Trust has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Industrial Real Estate Investment Trust's EV-to-OCF compare to PLD and PSA?
According to the REITs industry distribution chart, Dream Industrial Real Estate Investment Trust ranks #686 out of 930 companies for EV-to-OCF. This places Dream Industrial Real Estate Investment Trust in the lower half of its industry. The industry median EV-to-OCF is 18.39. Dream Industrial Real Estate Investment Trust's value of 27.52 is 49.6% above this benchmark. Historically, Dream Industrial Real Estate Investment Trust's own EV-to-OCF has ranged from 14.08 to 36.32 over the past decade. While the company's 10-year median is 25.96 vs. the industry median of 18.39, Dream Industrial Real Estate Investment Trust 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 18.39, 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. Dream Industrial Real Estate Investment Trust's current EV-to-OCF of 27.52 is 49.6% 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 18.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dream Industrial Real Estate Investment Trust's current EV-to-OCF is 27.52, which is near median its own 10-year median of 25.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Industrial Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) is currently considered Fairly Valued. The stock's GF Value™ is C$14.18, compared to a current price of C$14.75 — trading 4% above its estimated fair value. The current EV-to-OCF is 27.52, which is near median its 10-year median of 25.96 and 49.6% above the REITs industry median of 18.39. Dream Industrial Real Estate Investment Trust's overall GF Score™ is 75/100 with 10 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 Dream Industrial Real Estate Investment Trust (TSX:DIR.UN), the current EV-to-OCF is 27.52 as of Jul. 29, 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 Dream Industrial Real Estate Investment Trust (TSX:DIR.UN) Overvalued in 2026?
Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust stock appears to be overvalued.
The current stock price of C$14.75 is trading 4% above its estimated GF Value™ of C$14.18.
GuruFocus considers Dream Industrial Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for TSX:DIR.UN:
EV-to-OCF: 27.52 (near median its 10-year median of 25.96)
GF Value™: C$14.18 vs. price of C$14.75 (4% above fair value)
Industry Position: 49.6% above the REITs median (#686 of 930)
No single metric tells the full story. See the TSX:DIR.UN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dream Industrial Real Estate Investment Trust Business Description
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.The reportable operating segments of its investment properties and results of operations are segmented into the following components: Ontario, Quebec, Western Canada, Europe, the U.S., Dream Summit JV and Development JV.
75GF Score
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