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True North Commercial REITTUERF +2.39%66 EV-to-OCF is 12.69 as of Sep. 17, 2026, which is 21% below its 10-year median of 15.99. GuruFocus rates TUERF with a GF Score™ of 66/100 and a GF Value™ of $6.77 (Fairly Valued). The stock has 6 warning signs investors should review. Among 930 REITs companies, True North Commercial REIT ranks better than 66.02% on this metric.
The historical rank and industry rank for True North Commercial REIT's EV-to-OCF or its related term are showing as below:
TUERF'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.69 Med: 15.99 Max: 25.18
Current: 12.65
During the past 13 years, the highest EV-to-OCF of True North Commercial REIT was 25.18. The lowest was 5.69. And the median was 15.99.
TUERF's EV-to-OCF is ranked better than 66.02% of 930
companies
in the REITs industry
Industry Median: 17.75
vs TUERF: 12.65
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.
True North Commercial REIT (OTCPK:TUERF) 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.
True North Commercial REIT's PE Ratio (TTM) for today is calculated as:
True North Commercial REIT's share price for today is $6.43.
True North Commercial REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.187.
* 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.
True North Commercial REIT EV-to-OCF Related Terms
True North Commercial 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.
For the REIT - Office subindustry, True North Commercial 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.
True North Commercial REIT EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, True North Commercial REIT's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where True North Commercial REIT's EV-to-OCF falls into.
True North Commercial REIT's current Enterprise Value is $609.84 Mil.
True North Commercial REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.05 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.
True North Commercial REIT (TUERF) has a EV-to-OCF of 12.69 as of Sep. 17, 2026. This is 21% below median its historical median of 15.99. Over the past decade, True North Commercial REIT's EV-to-OCF has ranged from 5.69 to 25.18. According to the industry distribution chart, True North Commercial REIT ranks #316 out of 930 companies in the REITs industry, placing it in the top 34%.
Is True North Commercial REIT's EV-to-OCF too high?
True North Commercial REIT's current EV-to-OCF of 12.69 is 21% below median its 10-year median of 15.99. Over the past 10 years, this metric has ranged from a low of 5.69 to a high of 25.18. The REITs industry median EV-to-OCF is 17.75. True North Commercial REIT's value of 12.69 is 28.5% below this industry median. Based on the distribution chart, True North Commercial REIT ranks #316 out of 930 companies in the REITs industry, which is above the industry midpoint. Overall, True North Commercial REIT has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does True North Commercial REIT's EV-to-OCF compare to BXP and ARE?
According to the REITs industry distribution chart, True North Commercial REIT ranks #316 out of 930 companies for EV-to-OCF. This puts True North Commercial REIT in the upper half of its industry. The industry median EV-to-OCF is 17.75. True North Commercial REIT's value of 12.69 is 28.5% below this benchmark. Historically, True North Commercial REIT's own EV-to-OCF has ranged from 5.69 to 25.18 over the past decade. While the company's 10-year median is 15.99 vs. the industry median of 17.75, True North Commercial 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 17.75, 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. True North Commercial REIT's current EV-to-OCF of 12.69 is 28.5% 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 17.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True North Commercial REIT's current EV-to-OCF is 12.69, which is 21% below median its own 10-year median of 15.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True North Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, True North Commercial REIT (TUERF) is currently considered Fairly Valued. The stock's GF Value™ is $6.77, compared to a current price of $6.43 — trading 5% below its estimated fair value. The current EV-to-OCF is 12.69, which is 21% below median its 10-year median of 15.99 and 28.5% below the REITs industry median of 17.75. True North Commercial REIT's overall GF Score™ is 66/100 with 6 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 True North Commercial REIT (TUERF), the current EV-to-OCF is 12.69 as of Sep. 17, 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 True North Commercial REIT (TUERF) Overvalued in 2026?
Based on GuruFocus' analysis, True North Commercial REIT stock appears to be undervalued.
The current stock price of $6.43 is trading 5% below its estimated GF Value™ of $6.77.
GuruFocus considers True North Commercial REIT to be Fairly Valued.
Key valuation signals for TUERF:
EV-to-OCF: 12.69 (21% below median its 10-year median of 15.99)
GF Value™: $6.77 vs. price of $6.43 (5% below fair value)
Industry Position: 28.5% below the REITs median (#316 of 930)
No single metric tells the full story. See the TUERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.
66GF Score
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