Douglas Emmett owns and operates office and multifamily properties located in the coastal submarkets of Los Angeles and Honolulu. The company was founded in 1971 and is based in Santa Monica, California.
DEI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Douglas Emmett Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Douglas Emmett Inc ranked in the 70th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 219.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for DEI, they are:
Douglas Emmett Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 3.14% of tickers in our DCF set.
Douglas Emmett Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 11.49% of stocks in its sector (Real Estate).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Real Estate that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as DEI, try JLL, AHH, BDN, EQC, and CHCI.
Douglas Emmett (DEI) declares $0.28/share quarterly dividend, in line with previous.Forward yield 4.19%Payable Oct. 15; for shareholders of record Sept. 30; ex-div Sept. 29.See DEI Dividend Scorecard, Yield Chart, & Dividend Growth....
Douglas Emmett, Inc. (DEI) Q2 2020 Earnings Conference Call August 07, 2020 02:00 PM ET Company Participants Stuart McElhinney - VP, IR Jordan Kaplan - President and CEO Kevin Crummy - CIO Peter Seymour - CFO Conference Call Participants Alexander Goldfarb - Piper Sandler Steve Sakwa - Evercore Craig Mailman...
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