Centuria Industrial REIT (ASX:CIP) EV-to-FCF: 38.69 (As of Jul. 14, 2026) — 17% Above 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.

ASX:CIP Centuria Industrial REIT ASX:CIP
80 GF Score
Price A$2.98
GF Value A$2.87
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Centuria Industrial REIT EV-to-FCF?

Centuria Industrial REIT ASX:CIP -1.65% 80 EV-to-FCF is 38.69 as of Jul. 14, 2026, which is 17% above its 10-year median of 33.05. GuruFocus rates ASX:CIP with a GF Score™ of 80/100 and a GF Value™ of A$2.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 739 REITs companies, Centuria Industrial REIT ranks worse than 73.21% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Centuria Industrial REIT's Enterprise Value is A$3,295.1 Mil. Centuria Industrial REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$85.2 Mil. Therefore, Centuria Industrial REIT's EV-to-FCF for today is 38.69.

The historical rank and industry rank for Centuria Industrial REIT's EV-to-FCF or its related term are showing as below:

ASX:CIP' s EV-to-FCF Range Over the Past 10 Years
Min: 21.24   Med: 33.05   Max: 47.06
Current: 38.4

During the past 13 years, the highest EV-to-FCF of Centuria Industrial REIT was 47.06. The lowest was 21.24. And the median was 33.05.

ASX:CIP's EV-to-FCF is ranked worse than
73.21% of 739 companies
in the REITs industry
Industry Median: 23.16 vs ASX:CIP: 38.40

EV-to-FCF 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 (2026-07-14), Centuria Industrial REIT's stock price is A$2.98. Centuria Industrial REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.221. Therefore, Centuria Industrial REIT's PE Ratio (TTM) for today is 13.48.


Centuria Industrial REIT  (ASX:CIP) EV-to-FCF Explanation

EV-to-FCF 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.

Centuria Industrial REIT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.98/0.221
=13.48

Centuria Industrial REIT's share price for today is A$2.98.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Centuria Industrial REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.221.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Centuria Industrial REIT EV-to-FCF Related Terms


Centuria Industrial REIT EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Centuria Industrial REIT's EV-to-FCF 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.

Centuria Industrial REIT EV-to-FCF Chart

Centuria Industrial REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.58 27.97 33.17 33.80 34.68

Centuria Industrial REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF 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 0.00 33.80 0.00 34.68 0.00

ASX:CIP vs PLD, PSA, EXR: EV-to-FCF Comparison

For the REIT - Industrial subindustry, Centuria Industrial REIT's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Centuria Industrial REIT EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Centuria Industrial REIT's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Centuria Industrial REIT's EV-to-FCF falls into.


ASX:CIP
80GF Score
Centuria Industrial REIT ASX:CIP
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centuria Industrial REIT EV-to-FCF Calculation

Centuria Industrial REIT's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3295.142/85.17
=38.69

Centuria Industrial REIT's current Enterprise Value is A$3,295.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Centuria Industrial REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$85.2 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-FCF →
What does a EV-to-FCF of 38.69 mean?
Centuria Industrial REIT (ASX:CIP) has a EV-to-FCF of 38.69 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Centuria Industrial REIT and its competitors. This is 17% above median its historical median of 33.05. Over the past decade, Centuria Industrial REIT's EV-to-FCF has ranged from 21.24 to 47.06. According to the industry distribution chart, Centuria Industrial REIT ranks #541 out of 739 companies in the REITs industry, placing it in the top 73.2%.
Is Centuria Industrial REIT's EV-to-FCF too high?
Centuria Industrial REIT's current EV-to-FCF of 38.69 is 17% above median its 10-year median of 33.05. Over the past 10 years, this metric has ranged from a low of 21.24 to a high of 47.06. The REITs industry median EV-to-FCF is 23.16. Centuria Industrial REIT's value of 38.69 is 67.1% above this industry median. Based on the distribution chart, Centuria Industrial REIT ranks #541 out of 739 companies in the REITs industry, which is below the industry midpoint. Overall, Centuria Industrial REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Centuria Industrial REIT's EV-to-FCF compare to PLD and PSA?
According to the REITs industry distribution chart, Centuria Industrial REIT ranks #541 out of 739 companies for EV-to-FCF. This places Centuria Industrial REIT in the lower half of its industry. The industry median EV-to-FCF is 23.16. Centuria Industrial REIT's value of 38.69 is 67.1% above this benchmark. Historically, Centuria Industrial REIT's own EV-to-FCF has ranged from 21.24 to 47.06 over the past decade. While the company's 10-year median is 33.05 vs. the industry median of 23.16, Centuria Industrial 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-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 23.16, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Centuria Industrial REIT's current EV-to-FCF of 38.69 is 67.1% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Centuria Industrial REIT and its competitors. For the REITs industry, the median EV-to-FCF is 23.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centuria Industrial REIT's current EV-to-FCF is 38.69, which is 17% above median its own 10-year median of 33.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Industrial REIT (ASX:CIP) is currently considered Fairly Valued. The stock's GF Value™ is A$2.87, compared to a current price of A$2.98 — trading 3.8% above its estimated fair value. The current EV-to-FCF is 38.69, which is 17% above median its 10-year median of 33.05 and 67.1% above the REITs industry median of 23.16. Centuria Industrial REIT's overall GF Score™ is 80/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Centuria Industrial REIT (ASX:CIP), the current EV-to-FCF is 38.69 as of Jul. 14, 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 Centuria Industrial REIT (ASX:CIP) Overvalued in 2026?

Based on GuruFocus' analysis, Centuria Industrial REIT stock appears to be overvalued. The current stock price of A$2.98 is trading 3.8% above its estimated GF Value™ of A$2.87. GuruFocus considers Centuria Industrial REIT to be Fairly Valued.

Key valuation signals for ASX:CIP:

  • EV-to-FCF: 38.69 (17% above median its 10-year median of 33.05)
  • GF Value™: A$2.87 vs. price of A$2.98 (3.8% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 67.1% above the REITs median (#541 of 739)

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


Centuria Industrial REIT Business Description

Industry Real EstateREITs
Address Level 41, 2 Chifley Square, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).
80GF Score

Get the complete analysis for ASX:CIP

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

A$2.98
Price
A$2.87
GF Value