Centerspace

Centerspace

CSRยทNYSE

$60.00

+0.76%
Real EstateREIT - Residential

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of June 30, 2021, Centerspace owned 62 apartment communities consisting of 11,579 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

At a Glance

Live Snapshot
Market Cap$1.01B
EPS1.0200
P/E Ratio58.82
Earnings Date08/03/2026
Centerspace

Centerspace Fair Value Envelope

CSR ยท NYSE

Our analysis suggests that CSR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $60, this represents a potential HIDDEN relative to our calculated worth for Centerspace.

Intrinsic Value
Current Price: $60

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$66.8B
+ Cash & Equivalents$12.8M
Firm Value$66.8B
- Debt$1.0B
Equity Value$65.8B
/ Shares Outstanding16,704,663B
DCF Value$3.9K
UNDERVALUED BY 6467%

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
$152.2M
$235.2M
$363.6M
$562.0M
$868.7M
$1.3B
$2.1B
$3.2B
$5.0B
$7.7B
Maintenance CapEx
-$10.6M
-$16.3M
-$25.2M
-$39.0M
-$60.3M
-$93.2M
-$144.0M
-$222.6M
-$344.1M
-$531.9M
Owner Earnings
$141.6M
$218.9M
$338.4M
$523.0M
$808.4M
$1.2B
$1.9B
$3.0B
$4.6B
$7.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$131.1M
$187.7M
$268.6M
$384.4M
$550.2M
$787.4M
$1.1B
$1.6B
$2.3B
$3.3B
Terminal Value represents 84.0% of Enterprise Value