CIO - NYSE

City Office REIT, Inc.

City Office REIT, Inc.

CIOยทNYSE

$6.99

-0.14%
Real EstateREIT - Office

City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (NRA).

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$282.14M
EPS-0.6300
P/E Ratio-11.10
Earnings Date02/18/2026
City Office REIT, Inc.

City Office REIT, Inc. Fair Value Envelope

CIO ยท NYSE

Our analysis suggests that CIO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.99, this represents a potential HIDDEN relative to our calculated worth for City Office REIT, Inc..

HIDDEN
Intrinsic Value
Current Price: $6.99

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$1.1B
+ Cash & Equivalents$18.9M
Firm Value$1.1B
- Debt$647.0M
Equity Value$441.7M
/ Shares Outstanding40,363,640B
DCF Value$11
UNDERVALUED BY 57%

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
$60.6M
$62.3M
$64.1M
$65.9M
$67.8M
$69.7M
$71.7M
$73.8M
$75.9M
$78.1M
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$60.6M
$62.3M
$64.1M
$65.9M
$67.8M
$69.7M
$71.7M
$73.8M
$75.9M
$78.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$56.1M
$53.4M
$50.9M
$48.4M
$46.1M
$44.0M
$41.9M
$39.9M
$38.0M
$36.2M
Terminal Value represents 57.5% of Enterprise Value

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