alstria office REIT AG
XETRA:AOX

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alstria office REIT AG
XETRA:AOX
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Price: 7.1 EUR 1.14% Market Closed
Market Cap: 1.3B EUR
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Relative Value

The Relative Value of one AOX stock under the Base Case scenario is 13.6 EUR. Compared to the current market price of 7.1 EUR, alstria office REIT AG is Undervalued by 48%.

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.

AOX Relative Value
Base Case
13.6 EUR
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
50
vs Industry
55
Median 3Y
5.1
Median 5Y
5.3
Industry
3.7
Forward
6.3
vs History
vs Industry
Median 3Y
-1
Median 5Y
3.1
Industry
16.6
Forward
-5.1
vs History
38
vs Industry
51
Median 3Y
14.4
Median 5Y
14.3
Industry
11.2
vs History
22
vs Industry
39
Median 3Y
5.3
Median 5Y
4.2
Industry
13.3
vs History
0
vs Industry
72
Median 3Y
0.4
Median 5Y
0.5
Industry
0.9
vs History
36
vs Industry
24
Median 3Y
12.4
Median 5Y
12.4
Industry
6.7
Forward
15.8
vs History
34
vs Industry
29
Median 3Y
17.2
Median 5Y
17.2
Industry
12
vs History
58
vs Industry
37
Median 3Y
19.4
Median 5Y
19.4
Industry
16
Forward
22
vs History
58
vs Industry
41
Median 3Y
19.6
Median 5Y
19.6
Industry
19.2
Forward
-61.3
vs History
0
vs Industry
21
Median 3Y
28.5
Median 5Y
27.1
Industry
18.6
vs History
0
vs Industry
23
Median 3Y
29.4
Median 5Y
27.4
Industry
20
vs History
4
vs Industry
52
Median 3Y
0.6
Median 5Y
0.6
Industry
0.7

Multiples Across Competitors

AOX Competitors Multiples
alstria office REIT AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
alstria office REIT AG
XETRA:AOX
1.3B EUR 5.3 -1.6 18 18.1
US
Alexandria Real Estate Equities Inc
NYSE:ARE
18.5B USD 5.8 65.3 14.6 32.6
US
Boston Properties Inc
NYSE:BXP
12.8B USD 3.8 35.2 14.9 27.3
US
Vornado Realty Trust
NYSE:VNO
8.1B USD 4.5 -149.3 22 64.5
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.2 25.4 26.7 36.1
US
COPT Defense Properties
NYSE:CDP
7.1B USD 9.5 52.1 45.4 45.4
FR
Covivio SA
PAR:COV
5.8B EUR 5.4 -7.8 16.6 18.1
US
SL Green Realty Corp
NYSE:SLG
5.2B USD 5.6 -32.4 29.2 93.5
JP
Japan Real Estate Investment Corp
TSE:8952
799.6B JPY 10 22.4 23.4 31.1
AU
Dexus
ASX:DXS
7.5B AUD 8.3 -4.7 35.4 35.4
US
Cousins Properties Inc
NYSE:CUZ
4.8B USD 5.8 94.8 14.3 44
P/E Multiple
Earnings Growth
DE
alstria office REIT AG
XETRA:AOX
Average P/E: 49.2
Negative Multiple: -1.6
N/A
US
Alexandria Real Estate Equities Inc
NYSE:ARE
65.3
592%
US
Boston Properties Inc
NYSE:BXP
35.2
73%
US
Vornado Realty Trust
NYSE:VNO
Negative Multiple: -149.3
-66%
JP
Nippon Building Fund Inc
TSE:8951
25.4
7%
US
COPT Defense Properties
NYSE:CDP
52.1
N/A
FR
Covivio SA
PAR:COV
Negative Multiple: -7.8 N/A
US
SL Green Realty Corp
NYSE:SLG
Negative Multiple: -32.4 N/A
JP
Japan Real Estate Investment Corp
TSE:8952
22.4
-10%
AU
Dexus
ASX:DXS
Negative Multiple: -4.7 N/A
US
Cousins Properties Inc
NYSE:CUZ
94.8
-46%

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