Terreno Realty Corp
NYSE:TRNO

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Terreno Realty Corp
NYSE:TRNO
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Price: 61.24 USD 0.61% Market Closed
Market Cap: 6.3B USD

Relative Value

The Relative Value of one TRNO stock under the Base Case scenario is 73.62 USD. Compared to the current market price of 61.24 USD, Terreno Realty Corp is Undervalued by 17%.

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.

TRNO Relative Value
Base Case
73.62 USD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
6
Median 3Y
15.9
Median 5Y
16.5
Industry
3.8
Forward
13.4
vs History
95
vs Industry
15
Median 3Y
31.2
Median 5Y
34.6
Industry
16.3
Forward
28
vs History
87
vs Industry
11
Median 3Y
28
Median 5Y
29.6
Industry
11.1
vs History
55
vs Industry
1
Median 3Y
15.6
Median 5Y
18.5
Industry
12.8
vs History
84
vs Industry
18
Median 3Y
1.8
Median 5Y
1.8
Industry
0.9
vs History
82
vs Industry
8
Median 3Y
17.8
Median 5Y
18.9
Industry
6.9
Forward
15.5
vs History
82
vs Industry
14
Median 3Y
23.7
Median 5Y
25.2
Industry
12.5
vs History
82
vs Industry
14
Median 3Y
28
Median 5Y
29.9
Industry
15.8
Forward
23.8
vs History
80
vs Industry
10
Median 3Y
44.5
Median 5Y
47.4
Industry
19
Forward
39.1
vs History
80
vs Industry
16
Median 3Y
31.4
Median 5Y
34.2
Industry
18.4
vs History
84
vs Industry
5
Median 3Y
95.1
Median 5Y
80.5
Industry
20.4
vs History
87
vs Industry
12
Median 3Y
1.5
Median 5Y
1.6
Industry
0.8

Multiples Across Competitors

TRNO Competitors Multiples
Terreno Realty Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Terreno Realty Corp
NYSE:TRNO
6.3B USD 14.2 19.7 25.7 41.9
US
Prologis Inc
NYSE:PLD
118.4B USD 13.5 37 25 43.9
AU
Goodman Group
ASX:GMG
56.4B AUD 24.5 34 78.9 78.9
SG
ESR-REIT
OTC:CGIUF
19.1B USD 60.2 -225.1 100.7 100.7
SG
Ascendas Real Estate Investment Trust
SGX:A17U
12.7B 0 0 0 0
UK
SEGRO PLC
LSE:SGRO
9.4B GBP 13.5 15.1 28.6 29.4
US
Eastgroup Properties Inc
NYSE:EGP
9.6B USD 13.7 38.5 22.4 39.2
US
Rexford Industrial Realty Inc
NYSE:REXR
9.2B USD 9.3 28.1 17.7 32.1
US
Lineage Inc
NASDAQ:LINE
7.9B USD 1.5 -57.6 13.2 63.7
US
First Industrial Realty Trust Inc
NYSE:FR
7.6B USD 10.6 32 20.3 32.9
US
STAG Industrial Inc
NYSE:STAG
7.2B USD 8.7 29.7 16.9 33.4
P/E Multiple
Earnings Growth PEG
US
Terreno Realty Corp
NYSE:TRNO
Average P/E: 29.3
19.7
2%
9.9
US
Prologis Inc
NYSE:PLD
37
-5%
N/A
AU
Goodman Group
ASX:GMG
34
26%
1.3
SG
ESR-REIT
OTC:CGIUF
Negative Multiple: -225.1 N/A N/A
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
1%
N/A
UK
SEGRO PLC
LSE:SGRO
15.1
-2%
N/A
US
Eastgroup Properties Inc
NYSE:EGP
38.5
12%
3.2
US
Rexford Industrial Realty Inc
NYSE:REXR
28.1
-1%
N/A
US
Lineage Inc
NASDAQ:LINE
Negative Multiple: -57.6 N/A N/A
US
First Industrial Realty Trust Inc
NYSE:FR
32
-3%
N/A
US
STAG Industrial Inc
NYSE:STAG
29.7
5%
5.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Terreno Realty Corp
NYSE:TRNO
Average EV/EBITDA: 34.9
25.7
18%
1.4
US
Prologis Inc
NYSE:PLD
25
11%
2.3
AU
Goodman Group
ASX:GMG
78.9
69%
1.1
SG
ESR-REIT
OTC:CGIUF
100.7
12%
8.4
SG
Ascendas Real Estate Investment Trust
SGX:A17U
Not Available
4%
N/A
UK
SEGRO PLC
LSE:SGRO
28.6
15%
1.9
US
Eastgroup Properties Inc
NYSE:EGP
22.4
11%
2
US
Rexford Industrial Realty Inc
NYSE:REXR
17.7
7%
2.5
US
Lineage Inc
NASDAQ:LINE
13.2
4%
3.3
US
First Industrial Realty Trust Inc
NYSE:FR
20.3
11%
1.8
US
STAG Industrial Inc
NYSE:STAG
16.9
10%
1.7