About this estimate
This calculator estimates what a real estate investment trust could be worth today by projecting its funds from operations (FFO), converting them to dividends, and discounting those to the present. It is a general research and education tool. It is not personal financial advice, not a forecast of the share price, and it does not take account of your objectives or circumstances.
The result is highly sensitive to its inputs, especially when the gap between the FFO growth rate and the discount rate is narrow. Our FFO is a standardised approximation and a trust's officially reported FFO may differ, so treat the output as directional, one estimate within a wide range, not a precise figure.
The estimate runs on a set of assumptions: an FFO growth path, a payout ratio, a discount rate (cost of equity), and a terminal growth rate. Each one is shown in the assumptions panel below, and you can change any of them to test your own scenario.
The default assumptions are a reasonable starting point because they are derived from the trust's own reported financials together with market-standard inputs, with the discount rate built from the current government-bond (risk-free) rate, the company's beta, and a published equity-risk premium, and they are refreshed each data cycle. They are defaults for a neutral calculation, not our view of the right values for you.
This calculator is a research and education tool. It is not intended to be relied on for the purpose of making a decision about any financial product, and you should consider obtaining advice from a licensed financial adviser before making any financial decision.