Centuria Office REIT
ASX:COF

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Centuria Office REIT
ASX:COF
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Price: 1.255 AUD 0.4% Market Closed
Market Cap: 749.7m AUD

Relative Value

The Relative Value of one COF stock under the Base Case scenario is 2.794 AUD. Compared to the current market price of 1.255 AUD, Centuria Office REIT is Undervalued by 55%.

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.

COF Relative Value
Base Case
2.794 AUD
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
40
Median 3Y
4.8
Median 5Y
5.3
Industry
3.6
Forward
4.7
vs History
vs Industry
18
Median 3Y
-4.2
Median 5Y
10
Industry
16.5
Forward
10.4
vs History
0
vs Industry
33
Median 3Y
11.1
Median 5Y
10.5
Industry
10.9
vs History
15
vs Industry
25
Median 3Y
5.7
Median 5Y
6
Industry
12.8
vs History
25
vs Industry
55
Median 3Y
0.7
Median 5Y
0.7
Industry
0.8
vs History
41
vs Industry
30
Median 3Y
10.2
Median 5Y
10.5
Industry
6.4
Forward
10
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
11.8
vs History
12
vs Industry
34
Median 3Y
16.6
Median 5Y
16.5
Industry
15.8
Forward
13.7
vs History
12
vs Industry
39
Median 3Y
16.6
Median 5Y
16.5
Industry
18.9
Forward
13.7
vs History
0
vs Industry
21
Median 3Y
23.3
Median 5Y
20
Industry
18.4
vs History
0
vs Industry
24
Median 3Y
23.3
Median 5Y
20
Industry
20.2
vs History
19
vs Industry
39
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

COF Competitors Multiples
Centuria Office REIT Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Centuria Office REIT
ASX:COF
749.7m AUD 5 -8.3 17.9 17.9
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.2B USD 3.8 93.3 11.3 27
US
Boston Properties Inc
NYSE:BXP
10.1B USD 3 711.6 13.3 24.9
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.3 24.9 25.7 34
US
Vornado Realty Trust
NYSE:VNO
7.1B USD 4.1 883.3 20.2 58
FR
Covivio SA
PAR:COV
5.6B EUR 4.3 81.5 15.7 18
US
COPT Defense Properties
NYSE:CDP
5.8B USD 7.8 41.7 37.9 37.9
JP
Japan Real Estate Investment Corp
TSE:8952
821B JPY 9.8 21.9 22.3 29
AU
Dexus
ASX:DXS
8.1B AUD 9.4 -8.3 33.5 33.5
US
Cousins Properties Inc
NYSE:CUZ
4.6B USD 5.4 100.5 14.4 44.9
JP
Kenedix Office Investment Corp
TSE:8972
618.4B JPY 7.9 12.5 21.4 26.6