Peakstone Realty Trust

Peakstone Realty Trust

PKST·NYSE

$20.99

+0.0000%
Real EstateREIT - Diversified

Griffin Capital Essential Asset REIT, Inc. – America's Blue-Chip Landlord– is a self-managed, publicly registered, non-traded REIT with a portfolio consisting primarily of single-tenant, business essential office and industrial properties throughout the United States, diversified by corporate credit, physical geography, product type, and lease duration. GCEAR's portfolio as of September 30, 2020, consisted of 99 office and industrial properties (122 buildings), totaling 27.1 million rentable square feet, located in 25 states, representing a total enterprise value of approximately $4.5 billion.

At a Glance

Live Snapshot
Market Cap$780.56M
EPS-1.5100
P/E Ratio-13.90
Earnings Date05/14/2026
Peakstone Realty Trust

Peakstone Realty Trust Fair Value Envelope

PKST · NYSE

Our analysis suggests that PKST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $20.99, this represents a potential HIDDEN relative to our calculated worth for Peakstone Realty Trust.

Intrinsic Value
Current Price: $20.99

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$160.3M
+ Cash & Equivalents$138.7M
Firm Value$299.0M
- Debt$546.9M
Equity Value-$247.9M
/ Shares Outstanding36,790,867B
DCF Value-$7
OVERVALUED BY 132%

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
$49.9M
$36.2M
$26.3M
$19.1M
$13.9M
$10.1M
$7.3M
$5.3M
$3.9M
$2.8M
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
$49.9M
$36.2M
$26.3M
$19.1M
$13.9M
$10.1M
$7.3M
$5.3M
$3.9M
$2.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$46.2M
$31.1M
$20.9M
$14.0M
$9.4M
$6.3M
$4.3M
$2.9M
$1.9M
$1.3M
Terminal Value represents 13.7% of Enterprise Value