Citicore Energy REIT Valuation

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

CREIT (₱3.05) is trading below our estimate of [[fair value]] (₱3.79)

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

Below Fair Value: CREIT (₱3.05) is trading below our estimate of fair value (₱3.79)

Significantly Below Fair Value: CREIT is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CREIT. This is calculated by dividing CREIT's market cap by their current earnings.
What is CREIT's PE Ratio?
PE Ratio	14.1x
Earnings	₱1.42b
Market Cap	₱19.96b

CREIT 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	12.8x
Enterprise Value/EBITDA	13.1x
PEG Ratio	4.2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CREIT 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	7.3x
DDMPR DDMP REIT	1.9x	n/a	₱18.0b
FILRT Filinvest REIT	9.4x	1.7%	₱14.8b
PREIT Premiere Island Power Reit	10.6x	n/a	₱7.3b
RCR RL Commercial REIT	7.4x	-16.0%	₱93.0b
CREIT Citicore Energy REIT	14.1x	3.3%	₱20.0b

Price-To-Earnings vs Peers: CREIT is expensive based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (7.3x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CREIT is good value based on its Price-To-Earnings Ratio (14.1x) compared to the Global Specialized REITs industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is CREIT'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.

CREIT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.1x
Fair PE Ratio	12x

Price-To-Earnings vs Fair Ratio: CREIT is expensive based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (12x).

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.