Curbline Properties Valuation

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

CURB ($23.62) is trading below our estimate of [[fair value]] ($38.81)

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

Below Fair Value: CURB ($23.62) is trading below our estimate of fair value ($38.81)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for CURB. This is calculated by dividing CURB's market cap by their current preferred multiple.
What is CURB's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$2.41b

CURB 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	22.7x
Enterprise Value/EBITDA	34.7x
PEG Ratio	4.2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CURB 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	28.2x
ROIC Retail Opportunity Investments	36.8x	-21.6%	US$2.3b
UE Urban Edge Properties	10.8x	-59.5%	US$2.9b
GTY Getty Realty	27.6x	10.3%	US$1.7b
SKT Tanger	37.6x	0.5%	US$3.8b
CURB Curbline Properties	80.9x	19.1%	US$2.4b

Price-To-Earnings vs Peers: CURB is expensive based on its Price-To-Earnings Ratio (80.9x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

How does CURB's PE Ratio compare vs other companies in the US Retail REITs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	8.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	8.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: CURB is expensive based on its Price-To-Earnings Ratio (80.9x) compared to the US Retail REITs industry average (33.5x).

Price to Earnings Ratio vs Fair Ratio

What is CURB'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.

CURB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	80.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CURB'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?

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