Brandywine Realty Trust owns, leases and manages an urban, town center and transit-oriented office portfolio. The company was founded in 1985 and is based in Radnor, Pennsylvania
BDN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Brandywine Realty Trust. To summarize, we found that Brandywine Realty Trust ranked in the 69th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Brandywine Realty Trust ended up being:
50% of the company's capital comes from equity, which is greater than only 22.81% of stocks in our cash flow based forecasting set.
Brandywine Realty Trust's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 7. This value is greater than merely 1.64% stocks in the Real Estate sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CIGI, IRM, CHCI, JLL, and DHC can be thought of as valuation peers to BDN, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
The work-from-home trend has added to the headwinds buffeting real-estate investment trusts focused on office buildings, but investors can find some potential winners by digging into the REITs office mix.
Brandywine Realty Trust (BDN) Q2 2020 Earnings Conference Call July 23, 2020 9:00 AM ET Company Participants Jerry Sweeney – President and Chief Executive Officer Tom Wirth – Executive Vice President and Chief Financial Officer George Johnstone – Executive Vice President of Operations Conference Call Participants Steve Sakwa – Evercore...