WPC (W.P. Carey) EV-to-OCF: 20.61 (As of Aug. 04, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WPC W.P. Carey Inc WPC
78 GF Score
Price $72.32
GF Value $66.86
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is W.P. Carey EV-to-OCF?

W.P. Carey WPC -0.81% 78 EV-to-OCF is 20.61 as of Aug. 04, 2026, which is 4% below its 10-year median of 21.37. GuruFocus rates WPC with a GF Score™ of 78/100 and a GF Value™ of $66.86 (Fairly Valued). The stock has 7 warning signs investors should review. Among 926 REITs companies, W.P. Carey ranks worse than 57.13% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, W.P. Carey's Enterprise Value is $25,180 Mil. W.P. Carey's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,221 Mil. Therefore, W.P. Carey's EV-to-OCF for today is 20.61.

The historical rank and industry rank for W.P. Carey's EV-to-OCF or its related term are showing as below:

WPC' s EV-to-OCF Range Over the Past 10 Years
Min: 10.51   Med: 21.37   Max: 36.27
Current: 20.61

During the past 13 years, the highest EV-to-OCF of W.P. Carey was 36.27. The lowest was 10.51. And the median was 21.37.

WPC's EV-to-OCF is ranked worse than
57.13% of 926 companies
in the REITs industry
Industry Median: 18.375 vs WPC: 20.61

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 (2026-08-04), W.P. Carey's stock price is $72.32. W.P. Carey's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $2.930. Therefore, W.P. Carey's PE Ratio (TTM) for today is 24.68.


W.P. Carey  (NYSE:WPC) 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.

W.P. Carey's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=72.32/2.930
=24.68

W.P. Carey's share price for today is $72.32.
W.P. Carey'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 $2.930.

* 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.


W.P. Carey EV-to-OCF Related Terms


W.P. Carey EV-to-OCF Historical Data

* Premium members only.

The historical data trend for W.P. Carey'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.

W.P. Carey EV-to-OCF Chart

W.P. Carey Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.63 23.75 20.21 10.54 17.69

W.P. Carey Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 17.60 18.26 17.69 18.31 20.46

WPC vs VICI, BNL, GNL: EV-to-OCF Comparison

For the REIT - Diversified subindustry, W.P. Carey'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.


W.P. Carey EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, W.P. Carey's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where W.P. Carey's EV-to-OCF falls into.


WPC
78GF Score
W.P. Carey Inc WPC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

W.P. Carey EV-to-OCF Calculation

W.P. Carey's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=25179.555/1221.493
=20.61

W.P. Carey's current Enterprise Value is $25,180 Mil.
W.P. Carey'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 $1,221 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 20.61 mean?
W.P. Carey (WPC) has a EV-to-OCF of 20.61 as of Aug. 04, 2026. This is near median its historical median of 21.37. Over the past decade, W.P. Carey's EV-to-OCF has ranged from 10.51 to 36.27. According to the industry distribution chart, W.P. Carey ranks #529 out of 926 companies in the REITs industry, placing it in the top 57.1%.
Is W.P. Carey's EV-to-OCF too high?
W.P. Carey's current EV-to-OCF of 20.61 is near median its 10-year median of 21.37. Over the past 10 years, this metric has ranged from a low of 10.51 to a high of 36.27. The REITs industry median EV-to-OCF is 18.38. W.P. Carey's value of 20.61 is 12.2% above this industry median. Based on the distribution chart, W.P. Carey ranks #529 out of 926 companies in the REITs industry, which is below the industry midpoint. Overall, W.P. Carey has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does W.P. Carey's EV-to-OCF compare to VICI and BNL?
According to the REITs industry distribution chart, W.P. Carey ranks #529 out of 926 companies for EV-to-OCF. This places W.P. Carey in the lower half of its industry. The industry median EV-to-OCF is 18.38. W.P. Carey's value of 20.61 is 12.2% above this benchmark. Historically, W.P. Carey's own EV-to-OCF has ranged from 10.51 to 36.27 over the past decade. While the company's 10-year median is 21.37 vs. the industry median of 18.38, W.P. Carey 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 18.38, based on 926 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. W.P. Carey's current EV-to-OCF of 20.61 is 12.2% 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 18.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. W.P. Carey's current EV-to-OCF is 20.61, which is near median its own 10-year median of 21.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is W.P. Carey stock overvalued right now?
Based on GuruFocus' analysis, W.P. Carey (WPC) is currently considered Fairly Valued. The stock's GF Value™ is $66.86, compared to a current price of $72.32 — trading 8.2% above its estimated fair value. The current EV-to-OCF is 20.61, which is near median its 10-year median of 21.37 and 12.2% above the REITs industry median of 18.38. W.P. Carey's overall GF Score™ is 78/100 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 W.P. Carey (WPC), the current EV-to-OCF is 20.61 as of Aug. 04, 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 W.P. Carey (WPC) Overvalued in 2026?

Based on GuruFocus' analysis, W.P. Carey stock appears to be overvalued. The current stock price of $72.32 is trading 8.2% above its estimated GF Value™ of $66.86. GuruFocus considers W.P. Carey to be Fairly Valued.

Key valuation signals for WPC:

  • EV-to-OCF: 20.61 (near median its 10-year median of 21.37)
  • GF Value™: $66.86 vs. price of $72.32 (8.2% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 12.2% above the REITs median (#529 of 926)

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


W.P. Carey Business Description

Industry Real EstateREITs
Other Exchanges 0LS8:UKWPY:Germany
Address One Manhattan West, 395 9th Avenue, 58th Floor, New York, NY, USA, 10001
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. majority of the company's revenue comes from properties in the USA. Its Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.
78GF Score

Get the complete analysis for WPC

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

$72.32
Price
$66.86
GF Value