Global Medical REIT Inc. logo GMRE - Global Medical REIT Inc.

Inactive Ticker GMRE is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 13
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $20.92 DETAILS
HIGH: $40.00
LOW: $11.00
MEDIAN: $11.75
CONSENSUS: $20.92
DOWNSIDE: 41.47%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Healthcare REIT Multiple

Valuation Signal Undervalued Moderate
Trading 35.5% below fair value
Current Price $35.74
Bear Case $43.08 20.5% upside ($43.08 - $35.74) / $35.74 = 20.5% $3.43 FFO × 15x
Fair Value $55.39 55.0% upside ($55.39 - $35.74) / $35.74 = 55.0% $3.43 FFO × 19x
Bull Case $67.70 89.4% upside ($67.70 - $35.74) / $35.74 = 89.4% $3.43 FFO × 24x

Adjust Assumptions

19.5x
3.43$

Key Value Driver

FFO/share ($3.43) × healthcare P/FFO multiple

Implied Market Multiple 10.4x

Plain-Language Summary

Our base-case estimate uses P/FFO × Healthcare REIT Multiple. We then blend that result with the average analyst price target of $20.92 from 22 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $55.39 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.
Wall Street's average price target is $20.92 (from 22 analysts). Our estimate is 220% 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