AlphaMadera's AlphaVal page computes Alexander & Baldwin, Inc.'s fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag ALEX as undervalued, fairly valued, or overvalued.

What is Alexander & Baldwin, Inc.'s fair value?

Fair value for ALEX is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value ALEX?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from ALEX's most recent reported fundamentals.

ALEX - Alexander & Baldwin, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $21.21 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Retail REIT Multiple

Valuation Signal Fair Value Moderate

Trading 20.7% below fair value

Current Price $20.84

Bear Case $21.03 0.9% upside ($21.03 - $20.84) / $20.84 = 0.9% $1.41 FFO × 16x

Fair Value $26.29 26.2% upside ($26.29 - $20.84) / $20.84 = 26.2% $1.41 FFO × 20x

Bull Case $31.56 51.4% upside ($31.56 - $20.84) / $20.84 = 51.4% $1.41 FFO × 23x

Adjust Assumptions

P/FFO Multiple

19.5x

FFO per Share

1.41$

Key Value Driver

FFO/share ($1.41) × retail P/FFO multiple

Implied Market Multiple 14.7x

Plain-Language Summary

Our base-case estimate uses P/FFO × Retail REIT Multiple. We then blend that result with the average analyst price target of $21.21 from 8 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $26.29 per share.

Warnings

⚠ Standard profit figures are misleading for real estate companies — large non-cash accounting charges make profits look artificially low. Dividend yield and funds from operations are better measures.

ℹ Wall Street's average price target is $21.21 (from 8 analysts). Our estimate is 30% above the consensus -- consider that gap carefully.

Key Risks

P/E and EV/EBITDA are structurally wrong for REITs — use P/FFO and NAV
Interest rate sensitivity: REIT multiples compress when rates rise
FFO approximation (NI + D&A) may include gains on property sales — verify