Kimco Realty Valuation
Is KIM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 KIM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: KIM ($25.31) is trading below our estimate of fair value ($29.33)
Significantly Below Fair Value: KIM 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 KIM?
Key metric: As KIM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is KIM's PE Ratio? | |
|---|---|
| PE Ratio | 48.2x |
| Earnings | US$354.14m |
| Market Cap | US$16.94b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 12.6x |
| Enterprise Value/EBITDA | 20.7x |
| PEG Ratio | 3.7x |
Price to Earnings Ratio vs Peers
How does KIM's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 29.2x | ||
REG Regency Centers | 34.6x | 4.4% | US$13.6b |
FRT Federal Realty Investment Trust | 34.2x | 2.3% | US$9.7b |
BRX Brixmor Property Group | 27.4x | -1.1% | US$9.0b |
NNN NNN REIT | 20.7x | 2.3% | US$8.2b |
KIM Kimco Realty | 48.2x | 13.0% | US$16.9b |
Price-To-Earnings vs Peers: KIM is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the peer average (29.2x).
Price to Earnings Ratio vs Industry
How does KIM's PE Ratio compare vs other companies in the US Retail REITs Industry?
Price-To-Earnings vs Industry: KIM is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the US Retail REITs industry average (34.6x).
Price to Earnings Ratio vs Fair Ratio
What is KIM'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 48.2x |
| Fair PE Ratio | 40.6x |
Price-To-Earnings vs Fair Ratio: KIM is expensive based on its Price-To-Earnings Ratio (48.2x) compared to the estimated Fair Price-To-Earnings Ratio (40.6x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | US$25.31 | US$25.48 +0.7% | 8.8% | US$30.00 | US$20.00 | n/a | 20 |
| Nov ’25 | US$23.83 | US$24.48 +2.7% | 7.6% | US$29.00 | US$20.00 | n/a | 20 |
| Oct ’25 | US$23.08 | US$24.25 +5.1% | 7.9% | US$29.00 | US$20.00 | n/a | 20 |
| Sep ’25 | US$23.26 | US$23.58 +1.4% | 9.0% | US$29.00 | US$20.00 | n/a | 20 |
| Aug ’25 | US$22.01 | US$22.26 +1.2% | 8.4% | US$26.00 | US$20.00 | n/a | 19 |
| Jul ’25 | US$19.27 | US$22.13 +14.8% | 9.0% | US$26.00 | US$20.00 | n/a | 20 |
| Jun ’25 | US$19.36 | US$22.23 +14.8% | 8.7% | US$26.00 | US$20.00 | n/a | 20 |
| May ’25 | US$18.50 | US$22.58 +22.0% | 8.1% | US$26.00 | US$20.00 | n/a | 20 |
| Apr ’25 | US$19.09 | US$22.88 +19.8% | 7.5% | US$26.00 | US$20.00 | n/a | 20 |
| Mar ’25 | US$19.73 | US$23.26 +17.9% | 7.4% | US$26.00 | US$19.72 | n/a | 20 |
| Feb ’25 | US$20.52 | US$23.58 +14.9% | 5.9% | US$26.00 | US$21.00 | n/a | 20 |
| Jan ’25 | US$21.31 | US$22.96 +7.7% | 9.3% | US$26.00 | US$20.00 | n/a | 18 |
| Dec ’24 | US$20.05 | US$22.13 +10.3% | 8.6% | US$26.00 | US$20.00 | n/a | 18 |
| Nov ’24 | US$18.10 | US$21.83 +20.6% | 9.8% | US$26.00 | US$19.00 | US$23.83 | 18 |
| Oct ’24 | US$17.59 | US$22.79 +29.6% | 7.4% | US$26.00 | US$20.00 | US$23.08 | 18 |
| Sep ’24 | US$18.88 | US$22.90 +21.3% | 7.5% | US$26.50 | US$20.00 | US$23.26 | 18 |
| Aug ’24 | US$20.17 | US$23.20 +15.0% | 6.6% | US$26.50 | US$20.00 | US$22.01 | 19 |
| Jul ’24 | US$19.72 | US$22.64 +14.8% | 9.9% | US$26.50 | US$18.00 | US$19.27 | 19 |
| Jun ’24 | US$18.21 | US$22.54 +23.8% | 9.6% | US$26.50 | US$18.00 | US$19.36 | 21 |
| May ’24 | US$18.85 | US$23.11 +22.6% | 7.4% | US$26.50 | US$20.00 | US$18.50 | 20 |
| Apr ’24 | US$19.53 | US$23.54 +20.5% | 7.7% | US$26.50 | US$20.00 | US$19.09 | 20 |
| Mar ’24 | US$20.50 | US$23.96 +16.9% | 6.3% | US$27.00 | US$21.00 | US$19.73 | 19 |
| Feb ’24 | US$22.53 | US$24.01 +6.6% | 7.5% | US$27.00 | US$20.00 | US$20.52 | 20 |
| Jan ’24 | US$21.18 | US$23.91 +12.9% | 7.5% | US$27.00 | US$20.00 | US$21.31 | 20 |
| Dec ’23 | US$22.65 | US$23.66 +4.5% | 7.0% | US$27.00 | US$20.00 | US$20.05 | 20 |
| Nov ’23 | US$21.52 | US$23.46 +9.0% | 7.0% | US$27.00 | US$20.00 | US$18.10 | 20 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
Chatham Lodging Trust
US$439.6m
Chatham Lodging Trust (“we,” “us” or the “Company”) was formed as a Maryland real estate investment trust on October 26, 2009.
CLDT
US$9.07
7D
0.8%
1Y
-7.9%
Innovative Industrial Properties
US$3.0b
A self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities.
IIPR
US$105.77
7D
2.2%
1Y
32.2%
Modiv Industrial
US$173.2m
An internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate.
MDV
US$16.12
7D
1.4%
1Y
2.1%