How does DRE *'s PE Ratio compare to its peers?

DRE * is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (7.6x).

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

DRE * is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the Global REITs industry average (13.2x).

What is DRE *'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.

Insufficient data to calculate DRE *'s Price-To-Earnings Fair Ratio for valuation analysis.

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

DRE * (MX$1003.48) is trading below our estimate of [[fair value]] (MX$1492.55)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

DRE * Stock Overview

Duke Realty Corporation owns and operates approximately 159 million rentable square feet of industrial assets in 20 major logistics markets. More details

DRE * fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	5/6

Rewards

Trading at 32.8% below our estimate of its fair value

Revenue is forecast to grow 11.36% per year

Earnings grew by 91.8% over the past year

Pays a reliable dividend of 2.32%

Analysts in good agreement that stock price will rise by 30%

Risk Analysis

Earnings are forecast to decline by an average of 4.3% per year for the next 3 years

Shares are highly illiquid

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Duke Realty Corporation Competitors

FIBRA Prologis

BMV:FIBRAPL 14

Mex$92.5b

FIBRA Terrafina

BMV:TERRA 13

Mex$28.4b

FIBRA Macquarie México

BMV:FIBRAMQ 12

Mex$24.6b

Fibra MtyP.I. de

BMV:FMTY 14

Mex$26.8b

Price History & Performance

Summary of share price highs, lows and changes for Duke Realty
Historical stock prices
Current Share Price	US$1,003.48
52 Week High	US$1,315.00
52 Week Low	US$1,003.48
Beta	0.72
1 Month Change	-20.48%
3 Month Change	-8.36%
1 Year Change	n/a
3 Year Change	53.70%
5 Year Change	n/a
Change since IPO	60.16%

Recent updates

Shareholder Returns

	DRE *	MX REITs	MX Market
7D	0%	-2.6%	-3.7%
1Y	n/a	-21.3%	-14.4%

Return vs Industry: Insufficient data to determine how DRE * performed against the MX REITs industry.

Return vs Market: Insufficient data to determine how DRE * performed against the MX Market.

Price Volatility

Is DRE *'s price volatile compared to industry and market?
DRE * volatility
DRE * Average Weekly Movement	n/a
REITs Industry Average Movement	3.7%
Market Average Movement	4.1%
10% most volatile stocks in MX Market	6.0%
10% least volatile stocks in MX Market	2.6%

Stable Share Price: DRE *'s share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine DRE *'s volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1972	340	Jim Connor	www.dukerealty.com

Duke Realty Corporation owns and operates approximately 159 million rentable square feet of industrial assets in 20 major logistics markets. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is a member of the S&P 500 Index.

Duke Realty Corporation Fundamentals Summary

How do Duke Realty's earnings and revenue compare to its market cap?
DRE * fundamental statistics
Market cap	Mex$375.17b
Earnings (TTM)	Mex$18.96b
Revenue (TTM)	Mex$22.45b

19.6x

P/E Ratio

16.5x

P/S Ratio

Is DRE * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRE * income statement (TTM)
Revenue	US$1.12b
Cost of Revenue	US$280.15m
Gross Profit	US$842.07m
Other Expenses	-US$105.77m
Earnings	US$947.84m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.46
Gross Margin	75.04%
Net Profit Margin	84.46%
Debt/Equity Ratio	60.7%

How did DRE * perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

66%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/03 21:41
End of Day Share Price	2022/09/26 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Duke Realty Corporation is covered by 27 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.

Analyst	Institution
David Rodgers	Baird
Ross Smotrich	Barclays
Paul Adornato	BMO Capital Markets Equity Research