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Bhiraj Office Leasehold REITBKK:BOFFICE 79 EV-to-FCF is 12.31 as of Jul. 25, 2026, which is 12% above its 10-year median of 10.99. GuruFocus rates BKK:BOFFICE with a GF Score™ of 79/100 and a GF Value™ of ฿4.89 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 736 REITs companies, Bhiraj Office Leasehold REIT ranks better than 79.48% on this metric.
The historical rank and industry rank for Bhiraj Office Leasehold REIT's EV-to-FCF or its related term are showing as below:
BKK:BOFFICE'
s EV-to-FCF Range Over the Past 10 Years
Min: -3.6 Med: 10.99 Max: 36.31
Current: 12.31
During the past 8 years, the highest EV-to-FCF of Bhiraj Office Leasehold REIT was 36.31. The lowest was -3.60. And the median was 10.99.
BKK:BOFFICE's EV-to-FCF is ranked better than 79.48% of 736
companies
in the REITs industry
Industry Median: 23.25
vs BKK:BOFFICE: 12.31
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.
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.
Bhiraj Office Leasehold REIT's PE Ratio (TTM) for today is calculated as:
Bhiraj Office Leasehold REIT's share price for today is ฿5.50.
Bhiraj Office Leasehold REIT'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 ฿0.494.
* 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.
Bhiraj Office Leasehold REIT EV-to-FCF Related Terms
Bhiraj Office Leasehold REIT EV-to-FCF 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.
BKK:BOFFICE vs BXP, ARE, VNO: EV-to-FCF Comparison
For the REIT - Office subindustry, Bhiraj Office Leasehold 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.
Bhiraj Office Leasehold REIT EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Bhiraj Office Leasehold REIT's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Bhiraj Office Leasehold REIT's EV-to-FCF falls into.
Bhiraj Office Leasehold REIT's current Enterprise Value is ฿6,203.6 Mil.
Bhiraj Office Leasehold REIT's Free Cash Flow 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 ฿503.9 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.
Bhiraj Office Leasehold REIT (BKK:BOFFICE) has a EV-to-FCF of 12.31 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bhiraj Office Leasehold REIT and its competitors. This is 12% above median its historical median of 10.99. According to the industry distribution chart, Bhiraj Office Leasehold REIT ranks #151 out of 736 companies in the REITs industry, placing it in the top 20.5%.
Is Bhiraj Office Leasehold REIT's EV-to-FCF too high?
Bhiraj Office Leasehold REIT's current EV-to-FCF of 12.31 is 12% above median its 10-year median of 10.99. The REITs industry median EV-to-FCF is 23.25. Bhiraj Office Leasehold REIT's value of 12.31 is 47.1% below this industry median. Based on the distribution chart, Bhiraj Office Leasehold REIT ranks #151 out of 736 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Bhiraj Office Leasehold REIT has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhiraj Office Leasehold REIT's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Bhiraj Office Leasehold REIT ranks #151 out of 736 companies for EV-to-FCF. This places Bhiraj Office Leasehold REIT in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 23.25. Bhiraj Office Leasehold REIT's value of 12.31 is 47.1% below this benchmark. While the company's 10-year median is 10.99 vs. the industry median of 23.25, Bhiraj Office Leasehold 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-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 23.25, based on 736 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. Bhiraj Office Leasehold REIT's current EV-to-FCF of 12.31 is 47.1% 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-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 Bhiraj Office Leasehold REIT and its competitors. For the REITs industry, the median EV-to-FCF is 23.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhiraj Office Leasehold REIT's current EV-to-FCF is 12.31, which is 12% above median its own 10-year median of 10.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhiraj Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bhiraj Office Leasehold REIT (BKK:BOFFICE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.89, compared to a current price of ฿5.50 — trading 12.5% above its estimated fair value. The current EV-to-FCF is 12.31, which is 12% above median its 10-year median of 10.99 and 47.1% below the REITs industry median of 23.25. Bhiraj Office Leasehold REIT's overall GF Score™ is 79/100 with 11 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 Bhiraj Office Leasehold REIT (BKK:BOFFICE), the current EV-to-FCF is 12.31 as of Jul. 25, 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 Bhiraj Office Leasehold REIT (BKK:BOFFICE) Overvalued in 2026?
Based on GuruFocus' analysis, Bhiraj Office Leasehold REIT stock appears to be overvalued.
The current stock price of ฿5.50 is trading 12.5% above its estimated GF Value™ of ฿4.89.
GuruFocus considers Bhiraj Office Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:BOFFICE:
EV-to-FCF: 12.31 (12% above median its 10-year median of 10.99)
GF Value™: ฿4.89 vs. price of ฿5.50 (12.5% above fair value)
Industry Position: 47.1% below the REITs median (#151 of 736)
No single metric tells the full story. See the BKK:BOFFICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhiraj Office Leasehold REIT is a closed-end real estate investment trust. The company invests in long-term leasehold rights in the office building area. Its objectives are to mobilize funds raised from the selling of trust units and loans from the financial institution to invest in the leasehold right of Bhiraj Tower at the EmQuartier project and BHIRAJ TOWER at the BITEC project, which comprises the majority of the office rental areas and the associated operation areas. It operates in one segment, namely the lease of property investment in Thailand.
79GF Score
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