Real Estate Stock Valuations

REITs and property companies valued on AFFO rather than free cash flow, with distribution coverage and cost of capital doing most of the work.

34 real estate companies covered · assumption-based DCF analysis, educational use only.

Largest real estate companies covered

Equinix, Inc.$EQIXAmerican Tower Corporation$AMTSimon Property Group, Inc.$SPGPublic Storage$PSARealty Income Corporation$OCBRE Group, Inc.$CBRECrown Castle Inc.$CCIVICI Properties Inc.$VICI

All Real Estate companies

Alpine Income Property Trust, Inc.$PINEREIT - RetailAmerican Tower Corporation$AMTREIT - SpecialtyApollo Commercial Real Estate Finance, Inc.$ARIREIT - MortgageApple Hospitality REIT, Inc.$APLEREIT - Hotel & MotelAvalonBay Communities, Inc.$AVBREIT - ResidentialCBRE Group, Inc.$CBREReal Estate - ServicesCoStar Group, Inc.$CSGPReal Estate - ServicesCrown Castle Inc.$CCIREIT - SpecialtyEPR Properties$EPRREIT - SpecialtyEquinix, Inc.$EQIXREIT - SpecialtyEquity Residential$EQRREIT - ResidentialFederal Realty Investment Trust$FRTREIT - RetailGladstone Land Corporation$LANDREIT - SpecialtyInvitation Homes Inc.$INVHREIT - ResidentialJones Lang LaSalle Incorporated$JLLReal Estate - ServicesKilroy Realty Corporation$KRCREIT - OfficeKimco Realty Corporation$KIMREIT - RetailLTC Properties, Inc.$LTCREIT - Healthcare FacilitiesMedical Properties Trust, Inc.$MPWREIT - Healthcare FacilitiesMid-America Apartment Communities, Inc.$MAAREIT - ResidentialNewmark Group, Inc.$NMRKReal Estate - ServicesNNN REIT, Inc.$NNNREIT - RetailOmega Healthcare Investors, Inc.$OHIREIT - Healthcare FacilitiesOpendoor Technologies Inc.$OPENReal Estate - ServicesPublic Storage$PSAREIT - IndustrialRayonier Inc.$RYNREIT - SpecialtyRealty Income Corporation$OREIT - RetailRexford Industrial Realty, Inc.$REXRREIT - IndustrialSBA Communications Corporation$SBACREIT - SpecialtySila Realty Trust, Inc.$SILAREIT - Healthcare FacilitiesSimon Property Group, Inc.$SPGREIT - RetailVICI Properties Inc.$VICIREIT - DiversifiedVivmark Residential$VMRKREIT - ResidentialWheeler Real Estate Investment Trust, Inc.$WHLRREIT - Retail