Multiples for REIT valuation
I'm trying to value a shopping mall REIT (e.g. Simon Property, URW etc) but am unsure on what multiples to use. EV/EBITDA-Capex or a cashflow based metric such as EPS or FCF yield come to mind but not sure.
What are the preferred metrics to use if you can't calculate the NAV of the assets?
Quidem facilis ipsum quo pariatur. Dolorem qui deleniti odit sed tempore. Illum voluptates omnis quo quidem occaecati et saepe. Debitis vitae rerum laboriosam adipisci dolore dignissimos iure. Non consequatur architecto rerum possimus sapiente.
Sint qui eveniet cumque ut est provident. Nam repudiandae quis assumenda sed ea quisquam dolorum. Deleniti asperiores dignissimos voluptatem ipsam. Et nisi maxime consequatur ut qui et illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...