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Digital Core REITDGTCF 17 Owner Earnings per Share (TTM) is 0.04 as of Dec. 2025, which is 99% below its 10-year median of 3.78. GuruFocus rates DGTCF with a GF Score™ of 17/100 and a GF Value™ of $0.86 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 333 REITs companies, Digital Core REIT ranks better than 55.56% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Digital Core REIT's Owner Earnings per Share (TTM) ended in Dec. 2025 was $0.04. It's Price-to-Owner-Earnings ratio for today is 12.25.
The historical rank and industry rank for Digital Core REIT's Owner Earnings per Share (TTM) or its related term are showing as below:
DGTCF'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.13 Med: 3.78 Max: 15.28
Current: 13.61
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Digital Core REIT Owner Earnings per Share (TTM) Related Terms
Digital Core REIT Owner Earnings per Share (TTM) Historical Data
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The historical data trend for Digital Core REIT's Owner Earnings per Share (TTM) 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.
Digital Core REIT Owner Earnings per Share (TTM) Chart
DGTCF vs EQIX, AMT, DLR: Owner Earnings per Share (TTM) Comparison
For the REIT - Specialty subindustry, Digital Core REIT's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
Digital Core REIT Price-to-Owner-Earnings vs REITs Industry
For the REITs industry and Real Estate sector, Digital Core REIT's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Digital Core REIT's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
1. Start with "Net Income" from income statement. Digital Core REIT's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was $47.7 Mil.
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
Digital Core REIT's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2025 was $0.0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $13.4 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
Digital Core REIT's 5-Year Average Maintenance Capital Expenditure = $13.4 Mil
5. "Change In Working Capital" is from cashflow statement. Digital Core REIT's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2025 was $13.6 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* 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.
What does a Owner Earnings per Share (TTM) of 0.04 mean?
Digital Core REIT (DGTCF) has a Owner Earnings per Share (TTM) of 0.04 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Digital Core REIT. This is 99% below median its historical median of 3.78. Over the past decade, Digital Core REIT's Owner Earnings per Share (TTM) has ranged from 3.13 to 15.28. According to the industry distribution chart, Digital Core REIT ranks #148 out of 333 companies in the REITs industry, placing it in the top 44.4%.
Is Digital Core REIT's Owner Earnings per Share (TTM) too high?
Digital Core REIT's current Owner Earnings per Share (TTM) of 0.04 is 99% below median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 15.28. The REITs industry median Owner Earnings per Share (TTM) is 14.46. Digital Core REIT's value of 0.04 is 99.7% below this industry median. Based on the distribution chart, Digital Core REIT ranks #148 out of 333 companies in the REITs industry, which is above the industry midpoint. Overall, Digital Core REIT has a GF Score™ of 17/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Digital Core REIT's Owner Earnings per Share (TTM) compare to EQIX and AMT?
According to the REITs industry distribution chart, Digital Core REIT ranks #148 out of 333 companies for Owner Earnings per Share (TTM). This puts Digital Core REIT in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 14.46. Digital Core REIT's value of 0.04 is 99.7% below this benchmark. Historically, Digital Core REIT's own Owner Earnings per Share (TTM) has ranged from 3.13 to 15.28 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 14.46, Digital Core 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 Owner Earnings per Share (TTM) for a REITs company?
The median Owner Earnings per Share (TTM) among REITs companies is 14.46, based on 333 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digital Core REIT's current Owner Earnings per Share (TTM) of 0.04 is 99.7% 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Digital Core REIT. For the REITs industry, the median Owner Earnings per Share (TTM) is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Core REIT's current Owner Earnings per Share (TTM) is 0.04, which is 99% below median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Core REIT stock overvalued right now?
Based on GuruFocus' analysis, Digital Core REIT (DGTCF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.86, compared to a current price of $0.49 — trading 43% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.04, which is 99% below median its 10-year median of 3.78 and 99.7% below the REITs industry median of 14.46. Digital Core REIT's overall GF Score™ is 17/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Digital Core REIT (DGTCF), the current Owner Earnings per Share (TTM) is 0.04 as of Dec. 2025. 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 Digital Core REIT (DGTCF) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Core REIT stock appears to be undervalued.
The current stock price of $0.49 is trading 43% below its estimated GF Value™ of $0.86.
GuruFocus considers Digital Core REIT to be Possible Value Trap.
Key valuation signals for DGTCF:
Owner Earnings per Share (TTM): 0.04 (99% below median its 10-year median of 3.78)
GF Value™: $0.86 vs. price of $0.49 (43% below fair value)
Industry Position: 99.7% below the REITs median (#148 of 333)
No single metric tells the full story. See the DGTCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Core REIT is an S-REIT established with the principal investment planning of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. Its objective is to create long-term, sustainable value for all stakeholders through ownership and operation of a stabilised and diversified portfolio of mission-critical data centre facilities concentrated in select international markets. The company's geographical presence is in North America (U.S. and Canada), EMEA (Europe, the Middle East and Africa) and APAC (Asia Pacific). The company earns the majority of its revenue from the North America segment.
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