Arena Reit No 1
ASX:ARF

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Arena Reit No 1
ASX:ARF
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Price: 3.52 AUD 0.28% Market Closed
Market Cap: AU$1.4B

EV/OCF

24.2
Current
11%
Cheaper
vs 3-y average of 27.1

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
24.2
=
Enterprise Value
AU$1.8B
/
Operating Cash Flow
AU$77.7m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
24.2
=
Enterprise Value
AU$1.8B
/
Operating Cash Flow
AU$77.7m

Valuation Scenarios

Arena Reit No 1 is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (27.1), the stock would be worth AU$3.95 (12% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-42%
Maximum Upside
+14%
Average Downside
1%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 24.2 AU$3.52
0%
3-Year Average 27.1 AU$3.95
+12%
5-Year Average 27.5 AU$4
+14%
Industry Average 26.7 AU$3.9
+11%
Country Average 14.1 AU$2.05
-42%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
AU
Arena Reit No 1
ASX:ARF
1.4B AUD 24.2 9.2
US
Equinix Inc
NASDAQ:EQIX
109.6B USD 32.4 81.1
US
American Tower Corp
NYSE:AMT
83.8B USD 21.3 33.1
US
Digital Realty Trust Inc
NYSE:DLR
68.7B USD 34.7 54.2
US
Public Storage
NYSE:PSA
54.5B USD 19.9 34.4
US
Crown Castle International Corp
NYSE:CCI
38.1B USD 19.5 85.7
US
Iron Mountain Inc
NYSE:IRM
34.3B USD 37.8 237.5
US
VICI Properties Inc
NYSE:VICI
30.5B USD 18.9 11
US
Extra Space Storage Inc
NYSE:EXR
30.1B USD 23.3 31.1
US
SBA Communications Corp
NASDAQ:SBAC
23.2B USD 26.3 22
US
Weyerhaeuser Co
NYSE:WY
18B USD 40.2 55.6

Market Distribution

Higher than 70% of companies in Australia
Percentile
70th
Based on 1 376 companies
70th percentile
24.2
Low
0 — 9.3
Typical Range
9.3 — 24.1
High
24.1 —
Distribution Statistics
Australia
Min 0
30th Percentile 9.3
Median 14.1
70th Percentile 24.1
Max 9 251.5

Arena Reit No 1
Glance View

Market Cap
1.4B AUD
Industry
Real Estate

Arena REIT operates as a real estate investment trust. The company is headquartered in Melbourne, Victoria. The company went IPO on 2013-06-13. The firm's objective is to deliver an attractive and predictable distribution to investors with earnings growth prospects over the medium to long term. The firm invests in social infrastructure properties in various sectors, including childcare, healthcare, education, and government sectors. The firm's portfolio of approximately 240 social infrastructure properties are leased to a diversified tenant base in the various childcare and healthcare sectors. The company delivers customized facilities for its tenants and attractive investment returns for its investors.

ARF Intrinsic Value
3.45 AUD
Overvaluation 2%
Intrinsic Value
Price AU$3.52
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