Manhattan Office Rent Assumptions Will Fail To Justify Overvaluation

Published
28 Aug 24
Updated
14 Aug 25
AnalystConsensusTarget's Fair Value
US$38.50
3.4% undervalued intrinsic discount
14 Aug
US$37.21
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1Y
16.2%
7D
0.8%

Author's Valuation

US$38.5

3.4% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on07 May 25
Fair value Decreased 5.27%

Shared on30 Apr 25
Fair value Decreased 3.90%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on23 Apr 25

AnalystConsensusTarget has decreased profit margin from 3.6% to 2.6% and increased future PE multiple from 133.9x to 185.6x.

Shared on17 Apr 25
Fair value Decreased 1.44%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 0.19%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 0.61%

AnalystConsensusTarget has increased profit margin from 2.7% to 3.7% and decreased future PE multiple from 181.0x to 133.2x.

Shared on26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 9.97%

AnalystConsensusTarget has increased revenue growth from 1.9% to 2.8%, increased profit margin from 1.4% to 2.7% and decreased future PE multiple from 313.4x to 181.1x.