Using the industry peer median EV/Revenue multiple (trailing + forward), Franklin Street Properties Corp. (FSP) has a fair value of $10.48 based on 10 comparable companies in the REIT - Office industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Franklin Street Properties Corp.FSP | 54 | 2.5x | 1.9x |
| Modiv Industrial, Inc. | 168 | 9.1x | 9.1x |
| Orion Properties Inc. | 152 | 4.1x | 3.1x |
| Seven Hills Realty Trust | 125 | 8.3x | 14.6x |
| Comstock Inc. | 120 | 86.0x | 63.1x |
| Rithm Property Trust Inc. | 109 | 14.6x | 119.2x |
| Sunrise Realty Trust, Inc. | 103 | 8.3x | 4.9x |
| Cherry Hill Mortgage Investment Corporation | 97 | 12.6x | 53.8x |
| Mobile Infrastructure Corporation | 91 | 8.1x | 7.6x |
| Granite Point Mortgage Trust Inc. | 72 | 8.1x | — |
| Alset Inc. | 58 | 7.8x | — |
| Industry Median | 8.3x | 11.9x | |
| (*) Revenue | 107 | 145 | |
| = Enterprise Value | 889 | 1,720 | |
| (-) Net Debt | 218 | 218 | |
| Equity Value | 671 | 1,502 | |
| (/) Outstanding shares | 104 | 104 | |
| Fair Price | $6 | $14 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.