$27.14
-1.7%Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties. Stratus Properties Inc. was incorporated in 1992 and is headquartered in Austin, Texas.
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 | -$27.3M | -$24.9M | -$22.7M | -$20.7M | -$18.9M | -$17.2M | -$15.7M | -$14.4M | -$13.1M | -$11.9M |
| Maintenance CapEx | -$1.5M | -$1.4M | -$1.2M | -$1.1M | -$1.0M | -$939.6K | -$857.3K | -$782.1K | -$713.6K | -$651.1K |
| Owner Earnings | -$28.8M | -$26.2M | -$23.9M | -$21.8M | -$19.9M | -$18.2M | -$16.6M | -$15.1M | -$13.8M | -$12.6M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$26.6M | -$22.5M | -$19.0M | -$16.1M | -$13.6M | -$11.5M | -$9.7M | -$8.2M | -$6.9M | -$5.8M |
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