Prime US REIT

OTCPK:KBSU.F Stock Report

Market Cap: US$210.6m

Prime US REIT Valuation

Is KBSU.F 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: KBSU.F ($0.14) is trading below our estimate of fair value ($0.52)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KBSU.F?

Key metric: As KBSU.F is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KBSU.F. This is calculated by dividing KBSU.F's market cap by their current revenue.
What is KBSU.F's PS Ratio?
PS Ratio1.4x
SalesUS$153.82m
Market CapUS$210.63m

Price to Sales Ratio vs Peers

How does KBSU.F's PS Ratio compare to its peers?

The above table shows the PS ratio for KBSU.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
CIO City Office REIT
1.3x1.2%US$212.4m
ONL Orion Office REIT
1.4x-13.8%US$232.2m
FSP Franklin Street Properties
1.6xn/aUS$198.8m
KBSR KBS Real Estate Investment Trust III
0.4xn/aUS$122.4m
KBSU.F Prime US REIT
1.4x2.0%US$210.6m

Price-To-Sales vs Peers: KBSU.F is expensive based on its Price-To-Sales Ratio (1.4x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does KBSU.F's PS Ratio compare vs other companies in the US Office REITs Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
KBSR KBS Real Estate Investment Trust III
0.4xn/aUS$122.40m
OPI Office Properties Income Trust
0.2x-4.9%US$92.04m
CMCT Creative Media & Community Trust
0.2xn/aUS$20.33m
No more companies available in this PS range
KBSU.F 1.4xIndustry Avg. 3.1xNo. of Companies3PS01.63.24.86.48+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: KBSU.F is good value based on its Price-To-Sales Ratio (1.4x) compared to the US Office REITs industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

What is KBSU.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KBSU.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate KBSU.F's Price-To-Sales 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 KBSU.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$0.23
0%
21.8%US$0.32US$0.19n/a4
Nov ’25n/a
US$0.24
0%
20.2%US$0.32US$0.19n/a4
Oct ’25n/a
US$0.24
0%
20.2%US$0.32US$0.19n/a4
Sep ’25n/a
US$0.24
0%
18.7%US$0.31US$0.19n/a4
Aug ’25n/a
US$0.17
0%
49.2%US$0.28US$0.064n/a4
Jul ’25n/a
US$0.24
0%
66.1%US$0.45US$0.064n/a3
Jun ’25n/a
US$0.24
0%
66.1%US$0.45US$0.064n/a3
May ’25n/a
US$0.24
0%
66.1%US$0.45US$0.064n/a3
Apr ’25n/a
US$0.24
0%
66.1%US$0.45US$0.064n/a3
Mar ’25n/a
US$0.28
0%
59.3%US$0.52US$0.064n/a4
Feb ’25n/a
US$0.33
0%
37.6%US$0.52US$0.16n/a4
Jan ’25n/a
US$0.33
0%
34.7%US$0.48US$0.16n/a4
Dec ’24n/a
US$0.33
0%
34.7%US$0.48US$0.16n/a4
Nov ’24n/a
US$0.35
0%
37.2%US$0.54US$0.16n/a4
Oct ’24n/a
US$0.35
0%
37.2%US$0.54US$0.16n/a4
Sep ’24n/a
US$0.35
0%
37.2%US$0.54US$0.16n/a4
Aug ’24n/a
US$0.45
0%
22.1%US$0.55US$0.30n/a4
Jul ’24n/a
US$0.45
0%
22.1%US$0.55US$0.30n/a4
Jun ’24n/a
US$0.45
0%
22.1%US$0.55US$0.30n/a4
May ’24n/a
US$0.65
0%
8.6%US$0.73US$0.57n/a5
Apr ’24US$0.32
US$0.65
+102.3%
8.6%US$0.73US$0.57n/a5
Mar ’24n/a
US$0.70
0%
17.4%US$0.95US$0.59n/a6
Feb ’24n/a
US$0.75
0%
14.9%US$0.95US$0.59n/a6
Jan ’24n/a
US$0.75
0%
16.0%US$0.95US$0.59n/a5
Dec ’23n/a
US$0.75
0%
16.0%US$0.95US$0.59n/a5
Nov ’23n/a
US$0.83
0%
9.0%US$0.95US$0.73n/a6

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

Innovative Industrial Properties

US$3.2b

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$109.15

7D

2.8%

1Y

36.5%

Park Hotels & Resorts

US$3.2b

Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value.

PK

US$15.36

7D

7.4%

1Y

3.9%

Plymouth Industrial REIT

US$859.2m

Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties.

PLYM

US$18.77

7D

1.1%

1Y

-12.7%