Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Pb Multiple | 3.9x - 4.3x | 4.1x |
| Historical Pb Multiple | 3.0x - 6.1x | 4.6x |
| Fair Value | $22.33 - $24.68 | $23.50 |
| Upside | -27.8% - -20.2% | -24.0% |
| Benchmarks | - | Full Ticker |
| Kite Realty Group Trust | - | NYSE:KRG |
| Saul Centers, Inc. | - | NYSE:BFS |
| Acadia Realty Trust | - | NYSE:AKR |
| Urban Edge Properties | - | NYSE:UE |
| SITE Centers Corp. | - | NYSE:SITC |
| Tanger Inc. | - | NYSE:SKT |
| Select Price / Book Ratio | ||||||||
| Benchmark Companies | ||||||||
| KRG | BFS | AKR | UE | SITC | SKT | |||
| NYSE:KRG | NYSE:BFS | NYSE:AKR | NYSE:UE | NYSE:SITC | NYSE:SKT | |||
| Historical Net Income Growth | ||||||||
| 5Y CAGR | NM- | 1.7% | -17.4% | -7.9% | 53.0% | 2.5% | ||
| 3Y CAGR | NM- | 2.0% | -3.7% | -10.9% | 68.8% | 127.3% | ||
| Latest Twelve Months | -91.4% | -4.9% | 8.3% | -70.8% | 133.3% | -0.3% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | -2.9% | 25.7% | -6.7% | 29.4% | 41.5% | 9.5% | ||
| Prior Fiscal Year | 5.8% | 16.1% | 5.7% | 61.0% | 47.6% | 20.7% | ||
| Latest Fiscal Year | 0.5% | 14.7% | 5.4% | 16.3% | 182.0% | 18.2% | ||
| Latest Twelve Months | 0.5% | 14.7% | 5.4% | 16.3% | 182.0% | 18.2% | ||
| Return on Equity | ||||||||
| 5 Year Average Margin | -0.6% | 18.4% | 0.4% | 11.1% | 9.3% | 8.1% | ||
| Prior Fiscal Year | 1.3% | 21.9% | 1.1% | 23.3% | 11.1% | 18.5% | ||
| Latest Twelve Months | 0.1% | 25.1% | 1.1% | 6.0% | 40.3% | 16.0% | ||
| Next Fiscal Year | 2.2% | 24.7% | 1.9% | 2.0% | -3.6% | 16.3% | ||
| Two Fiscal Years Forward | 2.4% | 27.4% | 2.2% | 3.3% | -3.0% | 19.3% | ||
| Current Trading Multiples | ||||||||
| Price / LTM Sales | 5.4x | 4.3x | 5.9x | 5.0x | 2.1x | 6.8x | ||
| Price / LTM EPS | 1093.7x | 20.6x | 108.6x | 29.3x | 1.2x | 35.7x | ||
| Price / Book | 1.4x | 7.6x | 1.1x | 1.7x | 1.1x | 5.6x | ||
| Price / Fwd Book | 1.4x | 6.1x | 1.1x | 1.7x | 1.6x | 5.6x | ||
| Low | Mid | High | ||||||
| Benchmark P/B Ratio | 1.1x | 1.4x | 7.6x | |||||
| Historical P/B Ratio | 3.0x | 4.6x | 6.1x | |||||
| Selected P/B Multiple | 3.9x | 4.1x | 4.3x | |||||
| (x) Book Value | 652 | 652 | 652 | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | KRG | BFS | AKR | UE | SITC | SKT | |
| Value of Common Equity | 4,453 | 782 | 2,222 | 2,128 | 597 | 3,487 | |
| (/) Shares Outstanding | 219.7 | 24.2 | 119.7 | 125.5 | 52.4 | 112.7 | |
| Implied Stock Price | 20.27 | 32.32 | 18.57 | 16.96 | 11.39 | 30.94 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 20.27 | 32.32 | 18.57 | 16.96 | 11.39 | 30.94 | |
| Trading Currency | USD | USD | USD | USD | USD | USD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |