Vornado Realty Trust
NYSE:VNO

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Vornado Realty Trust
NYSE:VNO
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Price: 39.32 USD -0.23% Market Closed
Market Cap: 7.5B USD

Relative Value

The Relative Value of one VNO stock under the Base Case scenario is 65.54 USD. Compared to the current market price of 39.32 USD, Vornado Realty Trust is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

VNO Relative Value
Base Case
65.54 USD
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
33
vs Industry
43
Median 3Y
2.7
Median 5Y
3.4
Industry
3.6
Forward
4
vs History
4
vs Industry
0
Median 3Y
34.8
Median 5Y
3.3
Industry
16.4
Forward
650
vs History
15
vs Industry
27
Median 3Y
7.7
Median 5Y
9.5
Industry
11
vs History
vs Industry
Median 3Y
-6.5
Median 5Y
-6.5
Industry
12.9
vs History
9
vs Industry
21
Median 3Y
0.9
Median 5Y
1
Industry
0.8
vs History
31
vs Industry
38
Median 3Y
6.8
Median 5Y
7.2
Industry
6.5
Forward
8.1
vs History
30
vs Industry
26
Median 3Y
13.5
Median 5Y
14.1
Industry
11.8
vs History
33
vs Industry
24
Median 3Y
16.2
Median 5Y
17
Industry
15.6
Forward
18.6
vs History
33
vs Industry
8
Median 3Y
41.2
Median 5Y
43.4
Industry
18.8
Forward
49.1
vs History
11
vs Industry
19
Median 3Y
18.6
Median 5Y
19.8
Industry
18.5
vs History
14
vs Industry
3
Median 3Y
-81.7
Median 5Y
-69.4
Industry
20
vs History
7
vs Industry
23
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

VNO Competitors Multiples
Vornado Realty Trust Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Vornado Realty Trust
NYSE:VNO
7.5B USD 4.2 906.8 20.8 59.8
US
Alexandria Real Estate Equities Inc
NYSE:ARE
16.5B USD 5.1 53.4 13.1 29.6
US
Boston Properties Inc
NYSE:BXP
10.8B USD 3.2 759.3 13.7 25.6
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 10.8 23.8 24.9 32.9
FR
Covivio SA
PAR:COV
5.7B EUR 4.4 83.4 15.9 18.1
US
COPT Defense Properties
NYSE:CDP
6B USD 8 43.6 39.3 39.3
JP
Japan Real Estate Investment Corp
TSE:8952
781.2B JPY 9.3 20.8 21.5 28
US
Cousins Properties Inc
NYSE:CUZ
5B USD 5.9 109.5 15.1 47.3
AU
Dexus
ASX:DXS
7.9B AUD 9.2 -8.1 33 33
US
SL Green Realty Corp
NYSE:SLG
4.2B USD 4.7 814.7 21.9 55.8
US
Kilroy Realty Corp
NYSE:KRC
4.1B USD 3.6 19.8 12.4 25.6