Hulic Reit (TSE:3295) EV-to-FCF: 24.17 (As of Aug. 29, 2026)

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.

TSE:3295 Hulic Reit Inc TSE:3295
57 GF Score
Price 円150,400.00
GF Value 円166,211.91
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Hulic Reit EV-to-FCF?

Hulic Reit TSE:3295 -3.22% 57 EV-to-FCF is 24.17 as of Aug. 29, 2026. GuruFocus rates TSE:3295 with a GF Score™ of 57/100 and a GF Value™ of 円166,211.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 732 REITs companies, Hulic Reit ranks worse than 56.15% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hulic Reit's Enterprise Value is 円407,262 Mil. Hulic Reit's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円16,850 Mil. Therefore, Hulic Reit's EV-to-FCF for today is 24.17.

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

TSE:3295' s EV-to-FCF Range Over the Past 10 Years
Min: -328.37   Med: -8.01   Max: 37.42
Current: 24.43

During the past 12 years, the highest EV-to-FCF of Hulic Reit was 37.42. The lowest was -328.37. And the median was -8.01.

TSE:3295's EV-to-FCF is ranked worse than
56.15% of 732 companies
in the REITs industry
Industry Median: 22.02 vs TSE:3295: 24.43

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 (2026-08-29), Hulic Reit's stock price is 円150400.00. Hulic Reit's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円8384.000. Therefore, Hulic Reit's PE Ratio (TTM) for today is 17.94.


Hulic Reit  (TSE:3295) 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.

Hulic Reit's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=150400.00/8384.000
=17.94

Hulic Reit's share price for today is 円150400.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hulic Reit's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円8384.000.

* 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.


Hulic Reit EV-to-FCF Related Terms


Hulic Reit EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Hulic 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.

Hulic Reit EV-to-FCF Chart

Hulic Reit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.50 -24.37 -326.29 34.04 18.42

Hulic Reit Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 34.04 0.00 18.42 0.00

TSE:3295 vs BXP, ARE, VNO: EV-to-FCF Comparison

For the REIT - Office subindustry, Hulic 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.


Hulic Reit EV-to-FCF vs REITs Industry

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

* The bar in red indicates where Hulic Reit's EV-to-FCF falls into.


TSE:3295
57GF Score
Hulic Reit Inc TSE:3295
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hulic Reit EV-to-FCF Calculation

Hulic Reit's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=407262.476/16850.176
=24.17

Hulic Reit's current Enterprise Value is 円407,262 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hulic Reit's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was 円16,850 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 24.17 mean?
Hulic Reit (TSE:3295) has a EV-to-FCF of 24.17 as of Aug. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hulic Reit and its competitors. According to the industry distribution chart, Hulic Reit ranks #411 out of 732 companies in the REITs industry, placing it in the top 56.1%.
Is Hulic Reit's EV-to-FCF too high?
Hulic Reit's current EV-to-FCF is 24.17. The REITs industry median EV-to-FCF is 22.02. Hulic Reit's value of 24.17 is 9.8% above this industry median. Based on the distribution chart, Hulic Reit ranks #411 out of 732 companies in the REITs industry, which is below the industry midpoint. Overall, Hulic Reit has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hulic Reit's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Hulic Reit ranks #411 out of 732 companies for EV-to-FCF. This places Hulic Reit in the lower half of its industry. The industry median EV-to-FCF is 22.02. Hulic Reit's value of 24.17 is 9.8% above this benchmark. 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 22.02, based on 732 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. Hulic Reit's current EV-to-FCF of 24.17 is 9.8% 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 Hulic Reit and its competitors. For the REITs industry, the median EV-to-FCF is 22.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hulic Reit's current EV-to-FCF is 24.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hulic Reit stock overvalued right now?
Based on GuruFocus' analysis, Hulic Reit (TSE:3295) is currently considered Modestly Undervalued. The stock's GF Value™ is 円166,211.91, compared to a current price of 円150,400.00 — trading 9.5% below its estimated fair value. The current EV-to-FCF is 24.17 and 9.8% above the REITs industry median of 22.02. Hulic Reit's overall GF Score™ is 57/100 with 5 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 Hulic Reit (TSE:3295), the current EV-to-FCF is 24.17 as of Aug. 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 Hulic Reit (TSE:3295) Overvalued in 2026?

Based on GuruFocus' analysis, Hulic Reit stock appears to be undervalued. The current stock price of 円150,400.00 is trading 9.5% below its estimated GF Value™ of 円166,211.91. GuruFocus considers Hulic Reit to be Modestly Undervalued.

Key valuation signals for TSE:3295:

  • EV-to-FCF: 24.17
  • GF Value™: 円166,211.91 vs. price of 円150,400.00 (9.5% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 9.8% above the REITs median (#411 of 732)

No single metric tells the full story. See the TSE:3295 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hulic Reit Business Description

Industry Real EstateREITs
Address 2-3-11 Kanda Surugadai, Chiyoda-ku, Tokyo, JPN
Hulic Reit Inc is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.
57GF Score

Get the complete analysis for TSE:3295

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

円150,400.00
Price
円166,211.91
GF Value