Duke Realty Corporation

BMV:DRE * Stock Report

Market Cap: Mex$375.2b

Duke Realty Valuation

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

Below Fair Value: DRE * (MX$1003.48) is trading below our estimate of fair value (MX$1492.55)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DRE *. This is calculated by dividing DRE *'s market cap by their current earnings.
What is DRE *'s PE Ratio?
PE Ratio19.6x
EarningsUS$947.84m
Market CapUS$18.75b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DRE * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.5x
FIBRAPL 14 FIBRA Prologis
4.6x-63.6%Mex$98.5b
TERRA 13 FIBRA Terrafina
7.8x-9.3%Mex$28.2b
FIBRAMQ 12 FIBRA Macquarie México
2.5x-53.6%Mex$26.0b
FUNO 11 Fibra UNO
7.3x-1.4%Mex$83.8b
DRE * Duke Realty
19.6x-4.3%Mex$18.8b

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

Price to Earnings Ratio vs Industry

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

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies19PE01020304050+
10 CompaniesEstimated GrowthMarket Cap
No more companies

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

Price to Earnings Ratio vs Fair Ratio

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.

DRE * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DRE *'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 DRE * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Nov ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Oct ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Sep ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Aug ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Jul ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Jun ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
May ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Apr ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Mar ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Feb ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Jan ’25n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Dec ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Nov ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Oct ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Sep ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Aug ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Jul ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Jun ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
May ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Apr ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Mar ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Feb ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Jan ’24n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Dec ’23n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11
Nov ’23n/a
Mex$1,263.16
0%
8.4%Mex$1,391.49Mex$1,048.66n/a11

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

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