GMRE - Global Medical REIT Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$20.92
DETAILS
HIGH:
$40.00
LOW:
$11.00
MEDIAN:
$11.75
CONSENSUS:
$20.92
DOWNSIDE:
41.47%
AlphaVal
Deterministic, archetype-aware fair value
Real Estate Investment Trust
85% confidence
Primary model: P/FFO × Healthcare REIT Multiple
Adjust Assumptions
19.5x
$
Key Value Driver
FFO/share ($3.43) × healthcare P/FFO multiple
Implied Market Multiple
10.4x
Plain-Language Summary
At $3.43 FFO/share with a 19x healthcare REIT multiple, the base-case value is $66.88 per share. Dividend yield: 4.2%.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (22 analysts)
$20.92
Analyst Range
$11.00 – $40.00
Divergence from AlphaVal
220%
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