AlphaMadera's AlphaVal page computes EPR Properties'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 EPR as undervalued, fairly valued, or overvalued.

What is EPR Properties's fair value?

Fair value for EPR 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 EPR?

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 EPR's most recent reported fundamentals.

EPR - EPR Properties

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $63.70 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Specialty REIT Multiple

Valuation Signal Undervalued Strong

Trading 47.9% below fair value

Current Price $62.21

Bear Case $97.55 56.8% upside ($97.55 - $62.21) / $62.21 = 56.8% $5.80 FFO × 27x

Fair Value $119.51 92.1% upside ($119.51 - $62.21) / $62.21 = 92.1% $5.80 FFO × 33x

Bull Case $141.46 127.4% upside ($141.46 - $62.21) / $62.21 = 127.4% $5.80 FFO × 39x

Adjust Assumptions

P/FFO Multiple

32.6x

FFO per Share

5.8$

Key Value Driver

FFO/share ($5.80) × specialty P/FFO multiple

Implied Market Multiple 10.7x

Plain-Language Summary

Our base-case estimate uses P/FFO × Specialty REIT Multiple. We then blend that result with the average analyst price target of $63.70 from 22 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $119.51 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 The 2.0% yield is low for a real estate company — investors are paying up because they expect above-average growth.

ℹ Dividend-based valuation: $19.42 (86% 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 $63.70 (from 22 analysts). Our estimate is 117% 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