One Liberty Properties, Inc.

DB:O1A Stock Report

Market Cap: €591.1m

One Liberty Properties Valuation

Is O1A 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 O1A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: O1A (€27.4) is trading below our estimate of fair value (€43.56)

Significantly Below Fair Value: O1A is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for O1A?

Key metric: As O1A is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for O1A. This is calculated by dividing O1A's market cap by their current earnings.
What is O1A's PE Ratio?
PE Ratio18.3x
EarningsUS$33.55m
Market CapUS$615.52m

Price to Earnings Ratio vs Peers

How does O1A's PE Ratio compare to its peers?

The above table shows the PE ratio for O1A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.4x
HABA Hamborner REIT
63x11.0%€515.7m
KNRI11 Kinea Renda Imobiliária Fundo de Investimento Imobiliário
13xn/aR$3.8b
8977 Hankyu Hanshin REIT
20.2xn/aJP¥84.4b
AXREIT Axis Real Estate Investment Trust
13.4x-2.9%RM 3.1b
O1A One Liberty Properties
18.3x-37.7%€615.5m

Price-To-Earnings vs Peers: O1A is good value based on its Price-To-Earnings Ratio (18.3x) compared to the peer average (27.4x).


Price to Earnings Ratio vs Industry

How does O1A's PE Ratio compare vs other companies in the European REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
O1A 18.3xIndustry Avg. 22.8xNo. of Companies7PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: O1A is good value based on its Price-To-Earnings Ratio (18.3x) compared to the European REITs industry average (22.8x).


Price to Earnings Ratio vs Fair Ratio

What is O1A'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.

O1A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate O1A'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 O1A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€27.40
€26.59
-3.0%
1.8%€27.06€26.12n/a2
Nov ’25€23.80
€24.33
+2.2%
4.7%€25.46€23.19n/a2
Oct ’25€24.40
€24.33
-0.3%
4.7%€25.46€23.19n/a2
Sep ’25€24.00
€24.33
+1.4%
4.7%€25.46€23.19n/a2
Aug ’25€23.80
€23.41
-1.7%
3.0%€24.10€22.71n/a2
Jul ’25€21.20
€22.95
+8.3%
1.0%€23.19€22.72n/a2
Jun ’25€21.40
€22.95
+7.3%
1.0%€23.19€22.72n/a2
May ’25€21.20
€22.59
+6.5%
4.2%€23.53€21.65n/a2
Apr ’25€20.60
€21.51
+4.4%
2.1%€21.97€21.05n/a2
Mar ’25€18.60
€20.18
+8.5%
3.4%€20.88€19.49n/a2
Feb ’25€18.60
€19.82
+6.6%
3.4%€20.51€19.14n/a2
Jan ’25€19.90
€19.82
-0.4%
3.4%€20.51€19.14n/a2
Dec ’24€19.10
€19.82
+3.8%
3.4%€20.51€19.14n/a2
Sep ’24€18.00
€19.59
+8.8%
2.3%€20.04€19.13€24.002
Aug ’24€18.30
€19.98
+9.2%
2.3%€20.45€19.52€23.802
Jul ’24€18.70
€19.98
+6.9%
2.3%€20.45€19.52€21.202
Jun ’24€18.40
€19.98
+8.6%
2.3%€20.45€19.52€21.402
May ’24€19.70
€23.59
+19.7%
4.9%€25.14€22.35€21.203
Apr ’24€20.70
€23.59
+14.0%
4.9%€25.14€22.35€20.603
Mar ’24€20.90
€25.94
+24.1%
5.4%€27.93€24.94€18.603
Feb ’24€21.65
€25.94
+19.8%
5.4%€27.93€24.94€18.603
Jan ’24€20.65
€25.94
+25.6%
5.4%€27.93€24.94€19.903
Dec ’23€22.05
€25.94
+17.6%
5.4%€27.93€24.94€19.103
Nov ’23€23.40
€28.40
+21.4%
4.4%€30.07€27.06€17.203

Analyst Forecast: Target price is lower than the current share price.


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