Alpine Income Property Trust Inc
NYSE:PINE

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Alpine Income Property Trust Inc Logo
Alpine Income Property Trust Inc
NYSE:PINE
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Price: 14.81 USD -0.87% Market Closed
Market Cap: 211.3m USD

Relative Value

The Relative Value of one PINE stock under the Base Case scenario is 32.63 USD. Compared to the current market price of 14.81 USD, Alpine Income Property Trust Inc 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.

PINE Relative Value
Base Case
32.63 USD
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
39
Median 3Y
4.6
Median 5Y
4.7
Industry
3.7
Forward
3.8
vs History
4
vs Industry
4
Median 3Y
12
Median 5Y
28.5
Industry
16.5
Forward
-130.4
vs History
82
vs Industry
41
Median 3Y
8.5
Median 5Y
9.1
Industry
11
vs History
vs Industry
Median 3Y
-2
Median 5Y
-2.3
Industry
13
vs History
36
vs Industry
38
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
vs History
50
vs Industry
29
Median 3Y
10.7
Median 5Y
10.7
Industry
6.6
Forward
10.1
vs History
50
vs Industry
43
Median 3Y
12.4
Median 5Y
12.4
Industry
12.1
vs History
58
vs Industry
42
Median 3Y
14.4
Median 5Y
14.8
Industry
15.9
Forward
13.9
vs History
90
vs Industry
10
Median 3Y
51
Median 5Y
56.1
Industry
19.1
Forward
58.9
vs History
38
vs Industry
30
Median 3Y
19.4
Median 5Y
20.3
Industry
18.5
vs History
vs Industry
Median 3Y
-4.5
Median 5Y
-2.9
Industry
20.1
vs History
17
vs Industry
29
Median 3Y
0.9
Median 5Y
0.9
Industry
0.7

Multiples Across Competitors

PINE Competitors Multiples
Alpine Income Property Trust Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Alpine Income Property Trust Inc
NYSE:PINE
213.5m USD 4 186.2 14.6 44.9
ZA
Growthpoint Properties Ltd
JSE:GRT
44.4B Zac 0 0 0 0
ZA
Redefine Properties Ltd
JSE:RDF
29.2B Zac 0 0 0 0
US
WP Carey Inc
NYSE:WPC
13.9B USD 8.7 32.4 16.5 27.4
ZA
Attacq Ltd
JSE:ATT
10.1B Zac 0 0 0 0
JP
KDX Realty Investment Corp
OTC:KDXRF
9.6B USD 17.6 27.9 36.5 45.3
AU
Stockland Corporation Ltd
ASX:SGP
13.1B AUD 4.3 29.2 25.5 25.5
FR
Gecina SA
PAR:GFC
7B EUR 10.1 22.7 23.2 23.7
ZA
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
7.6B Zac 0 0 0 0
ZA
Fairvest Ltd
JSE:FTA
7.2B Zac 0 0 0 0
ES
MERLIN Properties SOCIMI SA
MAD:MRL
6B EUR 12 19.8 23.4 23.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Alpine Income Property Trust Inc
NYSE:PINE
Average EV/EBITDA: 23.3
14.6
5%
2.9
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
0%
N/A
US
WP Carey Inc
NYSE:WPC
16.5
8%
2.1
ZA
A
Attacq Ltd
JSE:ATT
Not Available N/A N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
36.5
-1%
N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.5
17%
1.5
FR
Gecina SA
PAR:GFC
23.2
5%
4.6
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available
0%
N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
23.4
10%
2.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Alpine Income Property Trust Inc
NYSE:PINE
Average EV/EBIT: 31.8
44.9
-14%
N/A
ZA
G
Growthpoint Properties Ltd
JSE:GRT
Not Available
-2%
N/A
ZA
R
Redefine Properties Ltd
JSE:RDF
Not Available
5%
N/A
US
WP Carey Inc
NYSE:WPC
27.4
11%
2.5
ZA
A
Attacq Ltd
JSE:ATT
Not Available
4%
N/A
JP
KDX Realty Investment Corp
OTC:KDXRF
45.3
N/A N/A
AU
Stockland Corporation Ltd
ASX:SGP
25.5
17%
1.5
FR
Gecina SA
PAR:GFC
23.7
12%
2
ZA
S
SA Corporate Real Estate Fund Managers (Pty) Ltd
JSE:SAC
Not Available N/A N/A
ZA
F
Fairvest Ltd
JSE:FTA
Not Available N/A N/A
ES
MERLIN Properties SOCIMI SA
MAD:MRL
23.7
11%
2.2