Ichigo Office REIT Investment (TSE:8975) EV-to-FCF: 80.04 (As of Aug. 29, 2026) — 107% Above Median

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TSE:8975 Ichigo Office REIT Investment Corp TSE:8975
67 GF Score
Price 円96,000.00
GF Value 円88,031.39
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Ichigo Office REIT Investment EV-to-FCF?

Ichigo Office REIT Investment TSE:8975 -0.41% 67 EV-to-FCF is 80.04 as of Aug. 29, 2026, which is 107% above its 10-year median of 38.67. GuruFocus rates TSE:8975 with a GF Score™ of 67/100 and a GF Value™ of 円88,031.39 (Fairly Valued). The stock has 11 warning signs investors should review. Among 732 REITs companies, Ichigo Office REIT Investment ranks worse than 89.21% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ichigo Office REIT Investment's Enterprise Value is 円265,842 Mil. Ichigo Office REIT Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,321 Mil. Therefore, Ichigo Office REIT Investment's EV-to-FCF for today is 80.04.

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

TSE:8975' s EV-to-FCF Range Over the Past 10 Years
Min: -51.48   Med: 38.67   Max: 260.63
Current: 79.12

During the past 13 years, the highest EV-to-FCF of Ichigo Office REIT Investment was 260.63. The lowest was -51.48. And the median was 38.67.

TSE:8975's EV-to-FCF is ranked worse than
89.21% of 732 companies
in the REITs industry
Industry Median: 22.02 vs TSE:8975: 79.12

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), Ichigo Office REIT Investment's stock price is 円96000.00. Ichigo Office REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was 円5086.259. Therefore, Ichigo Office REIT Investment's PE Ratio (TTM) for today is 18.87.


Ichigo Office REIT Investment  (TSE:8975) 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.

Ichigo Office REIT Investment's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=96000.00/5086.259
=18.87

Ichigo Office REIT Investment's share price for today is 円96000.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was 円5086.259.

* 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.


Ichigo Office REIT Investment EV-to-FCF Related Terms


Ichigo Office REIT Investment EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ichigo Office REIT Investment'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.

Ichigo Office REIT Investment EV-to-FCF Chart

Ichigo Office REIT Investment Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.95 69.54 50.89 42.46 -45.20

Ichigo Office REIT Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 -45.20 0.00 16.41 0.00

TSE:8975 vs BXP, ARE, VNO: EV-to-FCF Comparison

For the REIT - Office subindustry, Ichigo Office REIT Investment'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.


Ichigo Office REIT Investment EV-to-FCF vs REITs Industry

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

* The bar in red indicates where Ichigo Office REIT Investment's EV-to-FCF falls into.


TSE:8975
67GF Score
Ichigo Office REIT Investment Corp TSE:8975
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo Office REIT Investment EV-to-FCF Calculation

Ichigo Office REIT Investment's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=265842.043/3321.355
=80.04

Ichigo Office REIT Investment's current Enterprise Value is 円265,842 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ichigo Office REIT Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was 円3,321 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 80.04 mean?
Ichigo Office REIT Investment (TSE:8975) has a EV-to-FCF of 80.04 as of Aug. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ichigo Office REIT Investment and its competitors. This is 107% above median its historical median of 38.67. According to the industry distribution chart, Ichigo Office REIT Investment ranks #653 out of 732 companies in the REITs industry, placing it in the top 89.2%.
Is Ichigo Office REIT Investment's EV-to-FCF too high?
Ichigo Office REIT Investment's current EV-to-FCF of 80.04 is 107% above median its 10-year median of 38.67. The REITs industry median EV-to-FCF is 22.02. Ichigo Office REIT Investment's value of 80.04 is 263.5% above this industry median. Based on the distribution chart, Ichigo Office REIT Investment ranks #653 out of 732 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Ichigo Office REIT Investment ranks #653 out of 732 companies for EV-to-FCF. This places Ichigo Office REIT Investment in the lower half of its industry. The industry median EV-to-FCF is 22.02. Ichigo Office REIT Investment's value of 80.04 is 263.5% above this benchmark. While the company's 10-year median is 38.67 vs. the industry median of 22.02, Ichigo Office REIT Investment 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 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. Ichigo Office REIT Investment's current EV-to-FCF of 80.04 is 263.5% 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 Ichigo Office REIT Investment 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. Ichigo Office REIT Investment's current EV-to-FCF is 80.04, which is 107% above median its own 10-year median of 38.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Office REIT Investment (TSE:8975) is currently considered Fairly Valued. The stock's GF Value™ is 円88,031.39, compared to a current price of 円96,000.00 — trading 9.1% above its estimated fair value. The current EV-to-FCF is 80.04, which is 107% above median its 10-year median of 38.67 and 263.5% above the REITs industry median of 22.02. Ichigo Office REIT Investment's overall GF Score™ is 67/100 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 Ichigo Office REIT Investment (TSE:8975), the current EV-to-FCF is 80.04 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 Ichigo Office REIT Investment (TSE:8975) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued. The current stock price of 円96,000.00 is trading 9.1% above its estimated GF Value™ of 円88,031.39. GuruFocus considers Ichigo Office REIT Investment to be Fairly Valued.

Key valuation signals for TSE:8975:

  • EV-to-FCF: 80.04 (107% above median its 10-year median of 38.67)
  • GF Value™: 円88,031.39 vs. price of 円96,000.00 (9.1% above fair value)
  • GF Score™: 67/100 with 11 warning signs
  • Industry Position: 263.5% above the REITs median (#653 of 732)

No single metric tells the full story. See the TSE:8975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Office REIT Investment Business Description

Industry Real EstateREITs
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score

Get the complete analysis for TSE:8975

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

円96,000.00
Price
円88,031.39
GF Value