Elanor Commercial Property Fund
ASX:ECF

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Elanor Commercial Property Fund
ASX:ECF
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Price: 0.61 AUD 2.52% Market Closed
Market Cap: 248.3m AUD

Relative Value

The Relative Value of one ECF stock under the Base Case scenario is 0.99 AUD. Compared to the current market price of 0.61 AUD, Elanor Commercial Property Fund is Undervalued by 39%.

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.

ECF Relative Value
Base Case
0.99 AUD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
57
vs Industry
37
Median 3Y
4.9
Median 5Y
4.9
Industry
3.6
Forward
6
vs History
vs Industry
33
Median 3Y
-7.5
Median 5Y
-7.2
Industry
16.5
Forward
8.9
vs History
30
vs Industry
41
Median 3Y
8.2
Median 5Y
8.7
Industry
10.9
vs History
23
vs Industry
35
Median 3Y
5.7
Median 5Y
5.4
Industry
12.8
vs History
38
vs Industry
44
Median 3Y
0.8
Median 5Y
0.8
Industry
0.8
vs History
49
vs Industry
37
Median 3Y
8.4
Median 5Y
8.4
Industry
6.4
Forward
10.4
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
11.8
vs History
39
vs Industry
47
Median 3Y
12.7
Median 5Y
12.2
Industry
15.8
Forward
11.9
vs History
39
vs Industry
49
Median 3Y
12.7
Median 5Y
12.2
Industry
18.9
Forward
11.9
vs History
30
vs Industry
40
Median 3Y
13.5
Median 5Y
14.8
Industry
18.4
vs History
30
vs Industry
36
Median 3Y
13.5
Median 5Y
14.8
Industry
20.2
vs History
30
vs Industry
33
Median 3Y
0.8
Median 5Y
0.8
Industry
0.7

Multiples Across Competitors

ECF Competitors Multiples
Elanor Commercial Property Fund Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Elanor Commercial Property Fund
ASX:ECF
248.3m AUD 4.9 -13.7 12.9 12.9
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.7B USD 3.9 96.7 11.5 27.5
US
Boston Properties Inc
NYSE:BXP
10.3B USD 3 720.9 13.4 25.1
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 4 858.9 20.3 58.2
FR
Covivio SA
PAR:COV
5.5B EUR 4.2 80.7 15.7 17.9
US
COPT Defense Properties
NYSE:CDP
5.9B USD 7.9 42.2 38.2 38.2
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
4.7B USD 5.5 103 14.6 45.5
JP
Kenedix Office Investment Corp
TSE:8972
611.5B JPY 7.8 12.4 21.2 26.4