City Office REIT Inc
NYSE:CIO

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City Office REIT Inc
NYSE:CIO
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Price: 7 USD 0.14% Market Closed
Market Cap: 282.5m USD

Relative Value

The Relative Value of one CIO stock under the Base Case scenario is 19.33 USD. Compared to the current market price of 7 USD, City Office REIT Inc is Undervalued by 64%.

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.

CIO Relative Value
Base Case
19.33 USD
Undervaluation 64%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
69
Median 3Y
1.3
Median 5Y
1.7
Industry
3.8
Forward
1.6
vs History
vs Industry
26
Median 3Y
-8.8
Median 5Y
-2.2
Industry
16.3
Forward
-17.3
vs History
20
vs Industry
59
Median 3Y
3.5
Median 5Y
3.9
Industry
11.2
vs History
vs Industry
22
Median 3Y
-1.1
Median 5Y
-1
Industry
12.8
vs History
33
vs Industry
78
Median 3Y
0.3
Median 5Y
0.4
Industry
0.9
vs History
92
vs Industry
52
Median 3Y
4.8
Median 5Y
5
Industry
6.8
Forward
3.8
vs History
92
vs Industry
58
Median 3Y
8
Median 5Y
8.3
Industry
12.5
vs History
92
vs Industry
55
Median 3Y
9.7
Median 5Y
10.1
Industry
15.9
Forward
7.3
vs History
92
vs Industry
18
Median 3Y
31.1
Median 5Y
31.5
Industry
19.2
Forward
22.7
vs History
65
vs Industry
45
Median 3Y
13.9
Median 5Y
14.3
Industry
18.5
vs History
19
vs Industry
23
Median 3Y
30.5
Median 5Y
29
Industry
20.7
vs History
46
vs Industry
57
Median 3Y
0.6
Median 5Y
0.7
Industry
0.8

Multiples Across Competitors

CIO Competitors Multiples
City Office REIT Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
City Office REIT Inc
NYSE:CIO
282.5m USD 1.7 -2.2 7.9 24.6
US
Boston Properties Inc
NYSE:BXP
10.8B USD 3.1 -53.8 14 26.3
US
Alexandria Real Estate Equities Inc
NYSE:ARE
8.9B USD 2.8 -21.2 10.3 28.2
JP
Nippon Building Fund Inc
TSE:8951
1.2T JPY 12 26.4 26.5 34.9
FR
Covivio SA
PAR:COV
6B EUR 4.4 14.5 14.3 17
US
Vornado Realty Trust
NYSE:VNO
6.6B USD 3.6 7.8 17 47.7
US
COPT Defense Properties
NYSE:CDP
6.3B USD 8.4 42.3 38.6 38.6
JP
Japan Real Estate Investment Corp
TSE:8952
928.4B JPY 11.1 25.3 25.2 33
AU
Dexus
ASX:DXS
7.5B AUD 7.8 47.7 30.8 30.9
US
Kilroy Realty Corp
NYSE:KRC
4.7B USD 4.2 14.6 13 26.6
JP
Kenedix Office Investment Corp
TSE:8972
712.1B JPY 9 21 22.9 28.9
P/E Multiple
Earnings Growth PEG
CA
City Office REIT Inc
NYSE:CIO
Average P/E: 24.9
Negative Multiple: -2.2
N/A N/A
US
Boston Properties Inc
NYSE:BXP
Negative Multiple: -53.8
203%
N/A
US
Alexandria Real Estate Equities Inc
NYSE:ARE
Negative Multiple: -21.2
-53%
N/A
JP
Nippon Building Fund Inc
TSE:8951
26.4
1%
26.4
FR
Covivio SA
PAR:COV
14.5
101%
0.1
US
Vornado Realty Trust
NYSE:VNO
7.8
-11%
N/A
US
COPT Defense Properties
NYSE:CDP
42.3
5%
8.5
JP
Japan Real Estate Investment Corp
TSE:8952
25.3
1%
25.3
AU
Dexus
ASX:DXS
47.7
64%
0.7
US
Kilroy Realty Corp
NYSE:KRC
14.6
-37%
N/A
JP
Kenedix Office Investment Corp
TSE:8972
21
N/A N/A