$8.90
+0.56%Star Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects; and commercial real estate properties and loans that are marketed for sale or monetized. The company is based in New York, New York.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$11.8M | -$11.9M | -$12.1M | -$12.2M | -$12.3M | -$12.5M | -$12.6M | -$12.8M | -$12.9M | -$13.1M |
| Maintenance CapEx | -$11.1M | -$11.2M | -$11.3M | -$11.5M | -$11.6M | -$11.7M | -$11.9M | -$12.0M | -$12.2M | -$12.3M |
| Owner Earnings | -$22.9M | -$23.1M | -$23.4M | -$23.7M | -$24.0M | -$24.2M | -$24.5M | -$24.8M | -$25.1M | -$25.4M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$21.2M | -$19.8M | -$18.6M | -$17.4M | -$16.3M | -$15.3M | -$14.3M | -$13.4M | -$12.5M | -$11.8M |
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