Mirai Corp
TSE:3476
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Zee Entertainment Enterprises Ltd
NSE:ZEEL
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IN |
EV/OCF
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.
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.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (11.2), the stock would be worth ¥57 491.37 (20% upside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 9.3 | ¥47 950 |
0%
|
| 3-Year Average | 11.2 | ¥57 491.37 |
+20%
|
| 5-Year Average | 11.4 | ¥58 848.93 |
+23%
|
| Industry Average | 19.2 | ¥98 921.14 |
+106%
|
| Country Average | 11.4 | ¥58 700.78 |
+22%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Mirai Corp
TSE:3476
|
91.5B JPY | 9.3 | 18.1 | |
| US |
|
Boston Properties Inc
NYSE:BXP
|
9.2B USD | 19.8 | 33.1 | |
| US |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
8.1B USD | 13.7 | -5.6 | |
| FR |
|
Covivio SA
PAR:COV
|
6.3B EUR | 17.7 | 8.5 | |
| JP |
|
Nippon Building Fund Inc
TSE:8951
|
1.2T JPY | 19.2 | 26.9 | |
| US |
|
COPT Defense Properties
NYSE:CDP
|
7.2B USD | 31.2 | 47.2 | |
| US |
|
Vornado Realty Trust
NYSE:VNO
|
5.6B USD | 9.5 | 6.6 | |
| JP |
|
Japan Real Estate Investment Corp
TSE:8952
|
858.7B JPY | 18.8 | 23.4 | |
| AU |
|
Dexus
ASX:DXS
|
6.7B AUD | 15 | 12.9 | |
| SG |
|
Keppel REIT
SGX:K71U
|
4.4B | 0 | 0 | |
| JP |
|
Kenedix Office Investment Corp
TSE:8972
|
670.9B JPY | 13.2 | 19.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 8.2 |
| Median | 11.4 |
| 70th Percentile | 16.2 |
| Max | 277 515 327.6 |
Other Multiples
Mirai Corp
Glance View
MIRAI Corp. is a real investment trust company, which invests in offices, commercial facilities, and hotels. The company is headquartered in Chiyoda-Ku, Tokyo-To. The company went IPO on 2016-12-16. The company aims to achieve sustainable growth in asset and stable earnings from mid-term to long-term perspectives. The Fund mainly invests in office buildings and commercial buildings and hotels. Its properties included Shinagawa Seaside Park Tower, Kawasaki Tech Center, Shinjuku East Side Square, Hillcoat Higashi Shinjuku, and others. The asset manager of the REIT is Mitsui Bussan & Idera Partners Co., Ltd.
