MREIT (PHS:MREIT) Total Operating Expense: ₱95 Mil (TTM As of Mar. 2026)


PHS:MREIT MREIT Inc PHS:MREIT
58 GF Score
Price ₱13.90
GF Value ₱13.60
Valuation Fairly Valued
! 2 Warning Signs
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What is MREIT Total Operating Expense?

MREIT PHS:MREIT -0.57% 58 Total Operating Expense is ₱95 Mil as of Mar. 2026. GuruFocus rates PHS:MREIT with a GF Score™ of 58/100 and a GF Value™ of ₱13.60 (Fairly Valued). The stock has 2 warning signs investors should review.

MREIT's Total Operating Expense for the three months ended in Mar. 2026 was ₱33 Mil. MREIT's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₱95 Mil.

MREIT Total Operating Expense Related Terms

MREIT Total Operating Expense Historical Data

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The historical data trend for MREIT's Total Operating Expense 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.

MREIT Total Operating Expense Chart

MREIT Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Total Operating Expense
37.40 62.20 92.50 73.78

MREIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 11.97 11.59 12.62 37.59 33.25
PHS:MREIT
58GF Score
MREIT Inc PHS:MREIT
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MREIT Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 ₱95 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.

What does a Total Operating Expense of ₱95 Mil mean?
MREIT (PHS:MREIT) has a Total Operating Expense of ₱95 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on MREIT and its competitors.
Is MREIT's Total Operating Expense too high?
MREIT's current Total Operating Expense is ₱95 Mil. Overall, MREIT has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MREIT's Total Operating Expense compare to BXP and ARE?
MREIT's Total Operating Expense of ₱95 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on MREIT and its competitors. MREIT's current Total Operating Expense is ₱95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MREIT stock overvalued right now?
Based on GuruFocus' analysis, MREIT (PHS:MREIT) is currently considered Fairly Valued. The stock's GF Value™ is ₱13.60, compared to a current price of ₱13.90 — trading 2.2% above its estimated fair value. The current Total Operating Expense is ₱95 Mil. MREIT's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For MREIT (PHS:MREIT), the current Total Operating Expense is ₱95 Mil as of Mar. 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 MREIT (PHS:MREIT) Overvalued in 2026?

Based on GuruFocus' analysis, MREIT stock appears to be overvalued. The current stock price of ₱13.90 is trading 2.2% above its estimated GF Value™ of ₱13.60. GuruFocus considers MREIT to be Fairly Valued.

Key valuation signals for PHS:MREIT:

  • Total Operating Expense: ₱95 Mil
  • GF Value™: ₱13.60 vs. price of ₱13.90 (2.2% above fair value)
  • GF Score™: 58/100 with 2 warning signs

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

MREIT Business Description

Industry Real EstateREITs
Address 36th Street Corner 11th Avenue, 18th Floor, Alliance Global Tower, Uptown Bonifacio, Taguig, PHL, 1634
MREIT Inc operates as a Real Estate Investment Trust. The company is formed to own and invest in an income-producing commercial portfolio of office, retail, and hotel properties in the Philippines that meets its investment criteria. The principal investment mandate and plan of the company is to invest in income-generating real estate that meets a select set of criteria, such as location, property grade and type, and tenant profile.
58GF Score

Get the complete analysis for PHS:MREIT

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱13.90
Price
₱13.60
GF Value