First Industrial Realty Trust Valuation

Q: What is the Fair Price of F2RT34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

F2RT34 (R$38.84) is trading below our estimate of [[fair value]] (R$47.52)

Is F2RT34 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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 F2RT34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: F2RT34 (R$38.84) is trading below our estimate of fair value (R$47.52)

Significantly Below Fair Value: F2RT34 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for F2RT34?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for F2RT34. This is calculated by dividing F2RT34's market cap by their current preferred multiple.
What is F2RT34's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$7.62b

F2RT34 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	15.1x
Enterprise Value/EBITDA	22.3x
PEG Ratio	-71.2x

Price to Earnings Ratio vs Peers

How does F2RT34's PE Ratio compare to its peers?

The above table shows the PE ratio for F2RT34 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	22.4x
BTLG11 BTG Pactual Logística Fundo de Investimento Imobiliário	36.5x	n/a	R$4.2b
HGLG11 Cshg Logistica - Fundo De Investimento Imobiliario	9.8x	n/a	R$5.4b
FIIP11B RB Capital Renda I Fundo de Investimento Imobiliário - FII	5.2x	n/a	R$159.8m
STAG STAG Industrial	38x	-4.0%	US$7.2b
F2RT34 First Industrial Realty Trust	26.1x	-0.4%	R$7.6b

Price-To-Earnings vs Peers: F2RT34 is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the peer average (22.4x).

Price to Earnings Ratio vs Industry

How does F2RT34's PE Ratio compare vs other companies in the Global Industrial REITs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	17.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	17.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: F2RT34 is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the Global Industrial REITs industry average (22.6x).

Price to Earnings Ratio vs Fair Ratio

What is F2RT34'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.

F2RT34 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate F2RT34'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.