Douglas Emmett, Inc.

DB:D8K Stock Report

Market Cap: €2.9b

Douglas Emmett Valuation

Is D8K 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 D8K when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€15.98
Fair Value
11.1% undervalued intrinsic discount
10
Number of Analysts

Below Fair Value: D8K (€14.2) is trading below our estimate of fair value (€15.98)

Significantly Below Fair Value: D8K 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 D8K?

Key metric: As D8K is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for D8K. This is calculated by dividing D8K's market cap by their current earnings.
What is D8K's PE Ratio?
PE Ratio118.4x
EarningsUS$22.14m
Market CapUS$3.12b

Price to Earnings Ratio vs Peers

How does D8K's PE Ratio compare to its peers?

The above table shows the PE ratio for D8K vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.1x
HIW Highwoods Properties
30.9x-3.7%US$3.1b
CDP COPT Defense Properties
21.8x1.4%US$3.0b
8954 ORIX JREIT
21xn/aJP¥484.4b
KRC Kilroy Realty
18.8x-5.2%US$3.8b
D8K Douglas Emmett
118.4x-67.1%€3.1b

Price-To-Earnings vs Peers: D8K is expensive based on its Price-To-Earnings Ratio (118.4x) compared to the peer average (23.1x).

Price to Earnings Ratio vs Industry

How does D8K's PE Ratio compare vs other companies in the Global Office REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
D8K 118.4xIndustry Avg. 20.1xNo. of Companies13PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: D8K is expensive based on its Price-To-Earnings Ratio (118.4x) compared to the Global Office REITs industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is D8K'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.

D8K PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio118.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate D8K'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?

The above table shows the analyst D8K forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€14.20
€16.94
+19.3%
10.6%€19.28€13.77n/a10
Mar ’26€16.10
€17.90
+11.2%
10.6%€20.38€14.55n/a10
Feb ’26€17.40
€17.44
+0.2%
14.0%€20.02€11.91n/a10
Jan ’26€17.60
€17.86
+1.5%
13.1%€20.28€12.07n/a11
Dec ’25€18.40
€16.93
-8.0%
15.4%€19.95€11.87n/a11
Nov ’25€16.20
€14.09
-13.0%
16.2%€17.38€8.23n/a11
Oct ’25€15.60
€13.47
-13.6%
15.9%€16.12€8.06n/a11
Sep ’25€14.40
€13.01
-9.7%
14.5%€14.85€8.10n/a12
Aug ’25€14.80
€12.82
-13.4%
13.6%€14.74€8.29n/a12
Jul ’25€12.40
€12.89
+3.9%
13.6%€14.81€8.33n/a12
Jun ’25€12.40
€12.89
+3.9%
13.6%€14.81€8.33n/a12
May ’25€12.80
€12.88
+0.7%
13.2%€15.04€8.46n/a12
Apr ’25€12.50
€12.69
+1.5%
12.5%€14.81€8.33n/a12
Mar ’25€12.20
€12.83
+5.2%
14.0%€15.73€8.33€16.1012
Feb ’25€12.50
€12.83
+2.6%
14.9%€15.62€8.27€17.4012
Jan ’25€13.30
€12.57
-5.5%
14.9%€15.40€8.15€17.6012
Dec ’24€11.20
€11.75
+4.9%
14.9%€14.60€8.21€18.4012
Nov ’24€10.60
€12.72
+20.0%
13.7%€15.12€9.45€16.2012
Oct ’24€11.90
€12.88
+8.2%
14.2%€14.91€9.32€15.6011
Sep ’24€12.50
€12.51
+0.06%
14.0%€14.58€9.11€14.4011
Aug ’24€12.90
€12.46
-3.4%
13.1%€15.48€9.56€14.8011
Jul ’24€11.60
€12.46
+7.4%
15.0%€15.75€8.34€12.4011
Jun ’24€10.80
€12.78
+18.3%
15.5%€15.80€8.36€12.4012
May ’24€11.50
€13.12
+14.1%
12.7%€15.43€9.53€12.8012
Apr ’24€11.00
€13.73
+24.8%
17.5%€18.45€8.76€12.5013
Mar ’24€13.20
€16.65
+26.1%
15.4%€21.74€11.34€12.2013
Analyst Price Target
Consensus Narrative from 10 Analysts
€16.73
Fair Value
15.1% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 12:17
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Douglas Emmett, Inc. is covered by 36 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RodgersBaird
Ross SmotrichBarclays
John KimBMO Capital Markets Equity Research