Veris Residential Inc
NYSE:VRE

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Veris Residential Inc
NYSE:VRE
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Price: 16.78 USD 0.42% Market Closed
Market Cap: 1.6B USD

Relative Value

The Relative Value of one VRE stock under the Base Case scenario is 23.94 USD. Compared to the current market price of 16.78 USD, Veris Residential Inc is Undervalued by 30%.

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.

VRE Relative Value
Base Case
23.94 USD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
6
vs Industry
33
Median 3Y
4.4
Median 5Y
4
Industry
3.6
Forward
5.6
vs History
vs Industry
31
Median 3Y
-15
Median 5Y
-26.5
Industry
16.3
Forward
-62.7
vs History
26
vs Industry
10
Median 3Y
28.4
Median 5Y
25.7
Industry
11.1
vs History
vs Industry
Median 3Y
-4.5
Median 5Y
-6.6
Industry
13
vs History
6
vs Industry
22
Median 3Y
1.2
Median 5Y
1.2
Industry
0.8
vs History
22
vs Industry
23
Median 3Y
10.2
Median 5Y
9.8
Industry
6.5
Forward
11.6
vs History
26
vs Industry
20
Median 3Y
18.2
Median 5Y
17.3
Industry
11.7
vs History
33
vs Industry
16
Median 3Y
26.6
Median 5Y
25.4
Industry
15.7
Forward
22.5
vs History
63
vs Industry
6
Median 3Y
125.8
Median 5Y
102.7
Industry
18.7
Forward
64.7
vs History
42
vs Industry
6
Median 3Y
62.7
Median 5Y
59.8
Industry
18.5
vs History
6
vs Industry
5
Median 3Y
-17.3
Median 5Y
-18.5
Industry
20.3
vs History
6
vs Industry
19
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7

Multiples Across Competitors

VRE Competitors Multiples
Veris Residential Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Veris Residential Inc
NYSE:VRE
1.6B USD 5.8 -67.4 26.7 84.4
US
Alexandria Real Estate Equities Inc
NYSE:ARE
16.5B USD 5.1 53.2 13.1 29.5
US
Boston Properties Inc
NYSE:BXP
10.7B USD 3.1 750.1 13.6 25.5
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11 24.3 25.2 33.4
US
Vornado Realty Trust
NYSE:VNO
7B USD 3.9 848 20.2 57.8
FR
Covivio SA
PAR:COV
5.8B EUR 4.4 84.6 15.9 18.2
US
COPT Defense Properties
NYSE:CDP
6.1B USD 8.1 44 39.6 39.6
JP
Japan Real Estate Investment Corp
TSE:8952
773.3B JPY 9.2 20.6 21.4 27.9
US
Cousins Properties Inc
NYSE:CUZ
5B USD 5.8 107.7 15 46.8
AU
Dexus
ASX:DXS
7.7B AUD 9 -7.9 32.5 32.5
US
SL Green Realty Corp
NYSE:SLG
4.1B USD 4.6 792.8 21.6 55
P/E Multiple
Earnings Growth PEG
US
Veris Residential Inc
NYSE:VRE
Average P/E: 302.8
Negative Multiple: -67.4
N/A N/A
US
Alexandria Real Estate Equities Inc
NYSE:ARE
53.2
20%
2.7
US
Boston Properties Inc
NYSE:BXP
750.1
186%
4
JP
Nippon Building Fund Inc
TSE:8951
24.3
-1%
N/A
US
Vornado Realty Trust
NYSE:VNO
848
127%
6.7
FR
Covivio SA
PAR:COV
84.6
98%
0.9
US
COPT Defense Properties
NYSE:CDP
44
6%
7.3
JP
Japan Real Estate Investment Corp
TSE:8952
20.6
-3%
N/A
US
Cousins Properties Inc
NYSE:CUZ
107.7
37%
2.9
AU
Dexus
ASX:DXS
Negative Multiple: -7.9 N/A N/A
US
SL Green Realty Corp
NYSE:SLG
792.8
N/A N/A