AlphaMadera's AlphaVal page classifies Brandywine Realty Trust as a Real Estate Investment Trust business and values it using P/FFO × Office REIT Multiple, then compares the result to the current market price to flag BDN as undervalued, fairly valued, or overvalued.

What is Brandywine Realty Trust's fair value?

Fair value for BDN comes from a P/FFO × Office REIT Multiple model -- the approach AlphaVal selected for this company's Real Estate Investment Trust classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value BDN?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. BDN was classified as Real Estate Investment Trust and is valued using P/FFO × Office REIT Multiple, built from BDN's most recent reported fundamentals.

BDN - Brandywine Realty Trust

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $3.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Office REIT Multiple

Valuation Signal Undervalued Strong

Trading 60.7% below fair value

Current Price $3.12

Bear Case $6.25 100.3% upside ($6.25 - $3.12) / $3.12 = 100.3% $0.68 FFO × 10x

Fair Value $7.94 154.4% upside ($7.94 - $3.12) / $3.12 = 154.4% $0.68 FFO × 13x

Bull Case $9.62 208.4% upside ($9.62 - $3.12) / $3.12 = 208.4% $0.68 FFO × 16x

Adjust Assumptions

P/FFO Multiple

13.0x

FFO per Share

0.68$

Key Value Driver

FFO/share ($0.68) × office P/FFO multiple

Terminal Value % of EV

Implied Market Multiple 4.6x

Market is pricing in (growth)

Plain-Language Summary

At $0.68 FFO/share with a 13x office REIT multiple, the base-case value is $7.94 per share. Dividend yield: 10.3%. DDM cross-check: $5.96.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (24 analysts) $3.00

Analyst Range $3.00 – $3.00

Divergence from AlphaVal 165%

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.

⚠ Dividend yield of 10.3% is unusually high — make sure the company generates enough cash to keep paying it.

ℹ Wall Street's average price target is $3.00 (from 24 analysts). Our estimate is 165% 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