Getty Realty Corp.

DB:GRL Stock Report

Market Cap: €1.7b

Getty Realty Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: GRL (€30.4) is trading below our estimate of fair value (€60.14)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GRL. This is calculated by dividing GRL's market cap by their current earnings.
What is GRL's PE Ratio?
PE Ratio28.8x
EarningsUS$62.72m
Market CapUS$1.79b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GRL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.9x
HABA Hamborner REIT
63.7x11.0%€521.4m
3292 AEON REIT Investment
19.7x1.3%JP¥269.2b
RGN Region Group
146.5x21.3%AU$2.5b
SK6U Paragon REIT
9.8x-20.9%S$2.5b
GRL Getty Realty
28.8x10.8%€1.8b

Price-To-Earnings vs Peers: GRL is good value based on its Price-To-Earnings Ratio (28.8x) compared to the peer average (60.1x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GRL 28.8xIndustry Avg. 22.5xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GRL is expensive based on its Price-To-Earnings Ratio (28.8x) compared to the European Retail REITs industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is GRL'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.

GRL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GRL'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 GRL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€30.40
€31.54
+3.7%
2.4%€32.85€30.97n/a5
Nov ’25€28.60
€30.85
+7.9%
1.5%€31.40€30.48n/a5
Oct ’25€28.20
€28.92
+2.5%
3.0%€29.64€27.84n/a5
Sep ’25€28.20
€28.73
+1.9%
2.5%€30.19€28.36n/a5
Aug ’25€27.00
€28.63
+6.0%
4.1%€30.48€26.78n/a5
Jul ’25€24.40
€27.87
+14.2%
2.9%€28.97€26.67n/a5
Jun ’25€24.80
€27.87
+12.4%
2.9%€28.97€26.67n/a5
May ’25€24.80
€28.07
+13.2%
3.4%€29.38€27.05n/a5
Apr ’25€24.80
€28.25
+13.9%
4.4%€30.47€26.78n/a5
Mar ’25€24.20
€28.25
+16.7%
4.8%€30.27€26.60n/a5
Feb ’25€25.00
€28.25
+13.0%
4.8%€30.27€26.60n/a5
Jan ’25€26.40
€28.25
+7.0%
4.8%€30.27€26.60n/a5
Dec ’24€26.60
€29.13
+9.5%
8.0%€32.68€26.15n/a5
Nov ’24€24.80
€30.23
+21.9%
7.4%€33.06€26.45€28.605
Oct ’24€25.60
€32.61
+27.4%
6.5%€35.52€30.06€28.205
Sep ’24€27.40
€32.61
+19.0%
6.5%€35.52€30.06€28.205
Aug ’24€29.00
€32.32
+11.5%
6.1%€35.02€29.63€27.005
Jul ’24€31.00
€32.99
+6.4%
6.5%€35.93€30.41€24.405
Jun ’24€31.60
€32.99
+4.4%
6.5%€35.93€30.41€24.805
May ’24€30.00
€32.54
+8.5%
5.9%€35.50€30.04€24.806
Apr ’24€32.20
€33.04
+2.6%
6.6%€36.21€29.71€24.806
Mar ’24€31.80
€32.80
+3.1%
4.8%€34.97€30.25€24.205
Feb ’24€33.00
€31.63
-4.1%
4.7%€33.68€29.13€25.006
Jan ’24€31.60
€31.73
+0.4%
6.3%€34.36€29.03€26.407
Dec ’23€31.00
€31.73
+2.4%
6.3%€34.36€29.03€26.607
Nov ’23€31.20
€32.90
+5.5%
5.8%€35.94€30.37€24.807

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

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