JBGS - NYSE

JBG SMITH Properties

JBG SMITH Properties

JBGSยทNYSE

$14.64

-0.75%
Real EstateREIT - Office

JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it serves as the exclusive developer for Amazon's new headquarters. JBG SMITH's portfolio currently comprises 20.7 million square feet of high-growth office, multifamily and retail assets, 98% at our share of which are Metro-served. It also maintains a development pipeline encompassing 17.1 million square feet of mixed-use development opportunities.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$852.87M
EPS-2.0900
P/E Ratio-7.00
Earnings Date08/04/2026
JBG SMITH Properties

JBG SMITH Properties Fair Value Envelope

JBGS ยท NYSE

Our analysis suggests that JBGS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.64, this represents a potential HIDDEN relative to our calculated worth for JBG SMITH Properties.

HIDDEN
Intrinsic Value
Current Price: $14.64

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$18.9B
+ Cash & Equivalents$75.3M
Firm Value$18.9B
- Debt$2.5B
Equity Value$16.4B
/ Shares Outstanding61,577,325B
DCF Value$266
UNDERVALUED BY 1718%

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
$106.0M
$153.4M
$222.0M
$321.2M
$464.7M
$672.5M
$973.1M
$1.4B
$2.0B
$2.9B
Maintenance CapEx
-$35.4M
-$51.2M
-$74.1M
-$107.2M
-$155.1M
-$224.5M
-$324.8M
-$470.0M
-$680.1M
-$984.2M
Owner Earnings
$70.6M
$102.2M
$147.9M
$214.0M
$309.6M
$448.0M
$648.2M
$938.0M
$1.4B
$2.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$65.4M
$87.6M
$117.4M
$157.3M
$210.7M
$282.3M
$378.2M
$506.8M
$679.0M
$909.7M
Terminal Value represents 82.0% of Enterprise Value

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