AlphaMadera's AlphaVal page computes Four Corners Property Trust, 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 FCPT as undervalued, fairly valued, or overvalued.

What is Four Corners Property Trust, Inc.'s fair value?

Fair value for FCPT 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 FCPT?

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 FCPT's most recent reported fundamentals.

FCPT - Four Corners Property Trust, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $27.67 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Retail REIT Multiple

Valuation Signal Fair Value Mild

Trading 12.6% below fair value

Current Price $25.06

Bear Case $23.30 7.0% downside ($23.30 - $25.06) / $25.06 = -7.0% $1.57 FFO × 16x

Fair Value $28.66 14.4% upside ($28.66 - $25.06) / $25.06 = 14.4% $1.57 FFO × 20x

Bull Case $34.03 35.8% upside ($34.03 - $25.06) / $25.06 = 35.8% $1.57 FFO × 23x

Adjust Assumptions

P/FFO Multiple

19.5x

FFO per Share

1.57$

Key Value Driver

FFO/share ($1.57) × retail P/FFO multiple

Implied Market Multiple 15.9x

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 $27.67 from 15 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $28.66 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 5.8% is unusually high — make sure the company generates enough cash to keep paying it.

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