AlphaMadera's AlphaVal page computes Braemar Hotels & Resorts 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 BHR as undervalued, fairly valued, or overvalued.

What is Braemar Hotels & Resorts Inc.'s fair value?

Fair value for BHR 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 BHR?

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 BHR's most recent reported fundamentals.

BHR - Braemar Hotels & Resorts Inc.

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $9.83 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Default REIT Multiple

Valuation Signal Undervalued Strong

Trading 84.0% below fair value

Current Price $2.49

Bear Case $12.81 414.3% upside ($12.81 - $2.49) / $2.49 = 414.3% $1.02 FFO × 18x

Fair Value $15.52 523.2% upside ($15.52 - $2.49) / $2.49 = 523.2% $1.02 FFO × 22x

Bull Case $18.23 632.1% upside ($18.23 - $2.49) / $2.49 = 632.1% $1.02 FFO × 26x

Adjust Assumptions

P/FFO Multiple

22.1x

FFO per Share

1.02$

Key Value Driver

FFO/share ($1.02) × default P/FFO multiple

Implied Market Multiple 2.4x

Plain-Language Summary

Our base-case estimate uses P/FFO × Default REIT Multiple. We then blend that result with the average analyst price target of $9.83 from 7 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $15.52 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.

⚠ Dividend yield of 8.0% is unusually high — make sure the company generates enough cash to keep paying it.

ℹ Dividend-based valuation: $3.73 (78% below our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.

ℹ Wall Street's average price target is $9.83 (from 7 analysts). Our estimate is 72% 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