Exclusive Property REIT-Sofia Valuation

Q: What is the Fair Price of EXPR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

EXPR (BGN2.14) is trading below our estimate of [[fair value]] (BGN5.83)

Is EXPR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EXPR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EXPR (BGN2.14) is trading below our estimate of fair value (BGN5.83)

Significantly Below Fair Value: EXPR is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EXPR?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for EXPR. This is calculated by dividing EXPR's market cap by their current preferred multiple.
What is EXPR's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	лв20.23m

EXPR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	15.3x
Enterprise Value/EBITDA	17.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does EXPR's PE Ratio compare to its peers?

The above table shows the PE ratio for EXPR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.2x
ICPD Intercapital Property Development ADSIC	36.6x	n/a	лв19.4m
SLSP SLS Realty REIT	4.3x	n/a	лв18.0m
PPBG Prime Property BG REIT	12.6x	n/a	лв24.3m
PREM Premier Fund REIT	39.2x	n/a	лв24.8m
EXPR Exclusive Property REIT-Sofia	11.2x	n/a	лв20.2m

Price-To-Earnings vs Peers: EXPR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (26.7x).

Price to Earnings Ratio vs Industry

How does EXPR's PE Ratio compare vs other companies in the European REITs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	49.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	49.2%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: EXPR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the European REITs industry average (19.3x).

Price to Earnings Ratio vs Fair Ratio

What is EXPR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EXPR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EXPR's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.