Postal Realty Trust, Inc.

MUN:2WP Stock Report

Market Cap: €376.5m

Postal Realty Trust Valuation

Is 2WP 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2WP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2WP (€12.7) is trading below our estimate of fair value (€42.65)

Significantly Below Fair Value: 2WP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2WP?

Key metric: As 2WP is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2WP. This is calculated by dividing 2WP's market cap by their current revenue.
What is 2WP's PS Ratio?
PS Ratio4.8x
SalesUS$68.45m
Market CapUS$412.72m

Price to Sales Ratio vs Peers

How does 2WP's PS Ratio compare to its peers?

The above table shows the PS ratio for 2WP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.7x
AOX alstria office REIT-AG
5.1x-1.5%€1.2b
HABA Hamborner REIT
4.9x1.7%€514.1m
DKG Deutsche Konsum REIT-AG
1.4x-7.4%€142.7m
1426 Spring Real Estate Investment Trust
3.5xn/aHK$2.8b
2WP Postal Realty Trust
4.8x10.8%€412.7m

Price-To-Sales vs Peers: 2WP is expensive based on its Price-To-Sales Ratio (4.8x) compared to the peer average (3.6x).

Price to Sales Ratio vs Industry

How does 2WP's PS Ratio compare vs other companies in the European Office REITs Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
2WP 4.8xIndustry Avg. 8.2xNo. of Companies5PS0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2WP is good value based on its Price-To-Sales Ratio (4.8x) compared to the European Office REITs industry average (8.3x).

Price to Sales Ratio vs Fair Ratio

What is 2WP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2WP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2WP's Price-To-Sales 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.

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