Using the industry peer median EV/Revenue multiple (trailing + forward), Seritage Growth Properties (SRG) has a fair value of $23.04 based on 6 comparable companies in the REIT - Retail industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Seritage Growth PropertiesSRG | 150 | 8.2x | 0.8x |
| Alpine Income Property Trust, Inc. | 277 | 11.0x | 9.5x |
| TPG Mortgage Investment Trust Inc | 238 | 17.5x | 105.7x |
| NexPoint Real Estate Finance, Inc. | 237 | 42.9x | 140.9x |
| Amber International Holding Ltd | 231 | 6.5x | 1.5x |
| Angel Oak Mortgage, Inc. | 206 | 3.6x | 15.6x |
| Douglas Elliman Inc. | 148 | 0.1x | 0.1x |
| Industry Median | 8.8x | 12.5x | |
| (*) Revenue | 18 | 195 | |
| = Enterprise Value | 160 | 2,434 | |
| (-) Net Debt | -0 | -0 | |
| Equity Value | 160 | 2,435 | |
| (/) Outstanding shares | 56 | 56 | |
| Fair Price | $3 | $43 | |
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.