Urban Edge Properties logo UE - Urban Edge Properties

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $23.00 DETAILS
HIGH: $25.00
LOW: $21.00
MEDIAN: $23.00
CONSENSUS: $23.00
UPSIDE: 18.80%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Real Estate Investment Trust 85% confidence

Primary model: P/FFO × Retail REIT Multiple

Valuation Signal Undervalued Moderate
Trading 34.2% below fair value
Current Price $19.36
Bear Case $24.05 24.2% upside ($24.05 - $19.36) / $19.36 = 24.2% $1.85 FFO × 12x
Fair Value $29.44 52.0% upside ($29.44 - $19.36) / $19.36 = 52.0% $1.85 FFO × 15x
Bull Case $34.82 79.9% upside ($34.82 - $19.36) / $19.36 = 79.9% $1.85 FFO × 18x

Adjust Assumptions

15.0x
1.85$

Key Value Driver

FFO/share ($1.85) × retail P/FFO multiple

Implied Market Multiple 10.5x

Plain-Language Summary

At $1.85 FFO/share with a 15x retail REIT multiple, the base-case value is $29.44 per share. Dividend yield: 4.2%. DDM cross-check: $33.41.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (7 analysts) $23.00
Analyst Range $21.00 – $25.00
Divergence from AlphaVal 28%

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 Wall Street's average price target is $23.00 (from 7 analysts). Our estimate is 28% 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