Realty Income Valuation

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

O * (MX$1120.51) is trading below our estimate of [[fair value]] (MX$1628.81)

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: O * (MX$1120.51) is trading below our estimate of fair value (MX$1628.81)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for O *. This is calculated by dividing O *'s market cap by their current preferred multiple.
What is O *'s n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	n/a

O * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	15.2x
Enterprise Value/EBITDA	17x
PEG Ratio	3.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for O * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.6x
FSHOP 13 Fibra Shop	3.6x	-15.6%	Mex$5.4b
SPG Simon Property Group	23.4x	-1.2%	US$65.2b
FIBRAPL 14 FIBRA Prologis	4.8x	-63.6%	Mex$101.2b
FSITES 20 Fideicomiso Opsimex	62.7x	n/a	Mex$88.1b
O * Realty Income	56.9x	18.4%	Mex$50.0b

Price-To-Earnings vs Peers: O * is expensive based on its Price-To-Earnings Ratio (56.9x) compared to the peer average (10.6x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	14.5%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	14.5%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: O * is expensive based on its Price-To-Earnings Ratio (56.9x) compared to the Global Retail REITs industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is O *'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.

O * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	56.9x
Fair PE Ratio	10.8x

Price-To-Earnings vs Fair Ratio: O * is expensive based on its Price-To-Earnings Ratio (56.9x) compared to the estimated Fair Price-To-Earnings Ratio (10.8x).

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 O * forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	Mex$1,120.51	Mex$1,311.07 +17.0%	5.9%	Mex$1,506.98	Mex$1,165.39	n/a	18
Nov ’25	Mex$1,198.60	Mex$1,307.15 +9.1%	5.9%	Mex$1,498.01	Mex$1,158.46	n/a	18
Oct ’25	Mex$1,249.99	Mex$1,273.77 +1.9%	5.8%	Mex$1,470.99	Mex$1,137.57	n/a	18
Sep ’25	Mex$1,220.01	Mex$1,262.11 +3.5%	6.1%	Mex$1,472.96	Mex$1,139.09	n/a	18
Aug ’25	Mex$1,093.43	Mex$1,101.47 +0.7%	8.6%	Mex$1,345.31	Mex$1,004.49	n/a	16
Jul ’25	Mex$985.98	Mex$1,107.11 +12.3%	8.4%	Mex$1,378.64	Mex$1,015.84	n/a	16
Jun ’25	Mex$931.00	Mex$1,034.38 +11.1%	8.4%	Mex$1,289.39	Mex$950.08	n/a	16
May ’25	Mex$945.00	Mex$1,033.20 +9.3%	9.3%	Mex$1,289.25	Mex$916.05	n/a	16
Apr ’25	Mex$890.00	Mex$1,026.09 +15.3%	9.0%	Mex$1,266.08	Mex$932.90	n/a	16
Mar ’25	Mex$881.00	Mex$1,065.47 +20.9%	8.5%	Mex$1,295.61	Mex$971.71	n/a	15
Feb ’25	Mex$937.00	Mex$1,092.71 +16.6%	8.2%	Mex$1,308.91	Mex$981.68	n/a	14
Jan ’25	Mex$1,000.80	Mex$1,068.07 +6.7%	11.0%	Mex$1,290.04	Mex$916.61	n/a	13
Dec ’24	Mex$939.00	Mex$1,036.71 +10.4%	13.2%	Mex$1,305.92	Mex$824.79	n/a	12
Nov ’24	Mex$846.00	Mex$1,107.33 +30.9%	14.3%	Mex$1,370.26	Mex$865.43	Mex$1,198.60	12
Oct ’24	Mex$872.00	Mex$1,162.13 +33.3%	6.9%	Mex$1,298.86	Mex$1,008.32	Mex$1,249.99	15
Sep ’24	Mex$955.00	Mex$1,150.45 +20.5%	6.0%	Mex$1,273.75	Mex$1,022.35	Mex$1,220.01	14
Aug ’24	Mex$1,018.00	Mex$1,174.36 +15.4%	4.4%	Mex$1,272.10	Mex$1,087.98	Mex$1,093.43	14
Jul ’24	Mex$1,017.28	Mex$1,226.31 +20.5%	4.1%	Mex$1,333.81	Mex$1,140.76	Mex$985.98	14
Jun ’24	Mex$1,052.15	Mex$1,241.80 +18.0%	4.2%	Mex$1,345.36	Mex$1,150.64	Mex$931.00	15
May ’24	Mex$1,152.37	Mex$1,267.23 +10.0%	4.2%	Mex$1,366.70	Mex$1,168.89	Mex$945.00	16
Apr ’24	Mex$1,122.50	Mex$1,306.81 +16.4%	4.2%	Mex$1,401.93	Mex$1,199.02	Mex$890.00	16
Mar ’24	Mex$1,126.00	Mex$1,290.68 +14.6%	4.6%	Mex$1,412.03	Mex$1,158.59	Mex$881.00	16
Feb ’24	Mex$1,300.00	Mex$1,338.48 +3.0%	5.4%	Mex$1,480.87	Mex$1,215.07	Mex$937.00	17
Jan ’24	Mex$1,240.00	Mex$1,386.54 +11.8%	5.1%	Mex$1,548.91	Mex$1,270.90	Mex$1,000.80	17
Dec ’23	Mex$1,205.00	Mex$1,345.30 +11.6%	6.0%	Mex$1,507.92	Mex$1,179.27	Mex$939.00	17
Nov ’23	n/a	Mex$1,393.15 0%	7.8%	Mex$1,646.61	Mex$1,202.91	Mex$846.00	17

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