CBL - NYSE

CBL & Associates Properties, Inc.

CBL & Associates Properties, Inc.

CBLยทNYSE

$47.53

-2.0%
Real EstateREIT - Retail

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 106 properties totaling 65.7 million square feet across 25 states, including 64 high quality enclosed, outlet and open-air retail centers and 8 properties managed for third parties. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$1.47B
EPS4.4100
P/E Ratio10.78
Earnings Date08/05/2026
CBL & Associates Properties, Inc.

CBL & Associates Properties, Inc. Fair Value Envelope

CBL ยท NYSE

Our analysis suggests that CBL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $47.53, this represents a potential HIDDEN relative to our calculated worth for CBL & Associates Properties, Inc..

HIDDEN
Intrinsic Value
Current Price: $47.53

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$62.4M
+ Cash & Equivalents$42.3M
Firm Value$104.7M
- Debt$2.2B
Equity Value-$2.1B
/ Shares Outstanding30,933,176B
DCF Value-$67
OVERVALUED BY 241%

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
$35.9M
$17.9M
$9.0M
$4.5M
$2.2M
$1.1M
$560.9K
$280.4K
$140.2K
$70.1K
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$35.9M
$17.9M
$9.0M
$4.5M
$2.2M
$1.1M
$560.9K
$280.4K
$140.2K
$70.1K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$33.2M
$15.4M
$7.1M
$3.3M
$1.5M
$706.9K
$327.3K
$151.5K
$70.1K
$32.5K
Terminal Value represents 0.9% of Enterprise Value

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