BDN - NYSE

Brandywine Realty Trust

Brandywine Realty Trust

BDNยทNYSE

$3.11

-0.64%
Real EstateREIT - Office

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Austin and Washington, D.C. markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 175 properties and 24.7 million square feet as of December 31, 2020 which excludes assets held for sale. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$540.24M
EPS-1.0300
P/E Ratio-3.02
Earnings Date07/22/2026
Brandywine Realty Trust

Brandywine Realty Trust Fair Value Envelope

BDN ยท NYSE

Our analysis suggests that BDN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.11, this represents a potential HIDDEN relative to our calculated worth for Brandywine Realty Trust.

HIDDEN
Intrinsic Value
Current Price: $3.11

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$442.0M
+ Cash & Equivalents$32.3M
Firm Value$474.3M
- Debt$2.6B
Equity Value-$2.1B
/ Shares Outstanding173,699,039B
DCF Value-$12
OVERVALUED BY 490%

Owner Earnings Projections

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
$97.0M
$80.6M
$67.0M
$55.7M
$46.3M
$38.5M
$32.0M
$26.6M
$22.1M
$18.4M
Maintenance CapEx
-$12.3M
-$10.2M
-$8.5M
-$7.1M
-$5.9M
-$4.9M
-$4.1M
-$3.4M
-$2.8M
-$2.3M
Owner Earnings
$84.7M
$70.4M
$58.5M
$48.6M
$40.4M
$33.6M
$27.9M
$23.2M
$19.3M
$16.0M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$78.4M
$60.4M
$46.5M
$35.8M
$27.5M
$21.2M
$16.3M
$12.5M
$9.7M
$7.4M
Terminal Value represents 28.6% of Enterprise Value

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5

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