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

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -13.9).

Valuation inputs: P/E -13.9, earnings yield N/A, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -38.5%, ROIC +1.2%).

Profitability stack: net margin -2.7%, ROE -38.5%, ROIC +1.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +42.4%, momentum 0.0%, net margin -2.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

pkst

Peakstone Realty Trust Market vs Earnings Trajectory

PKST · NYSE

Loading price and EPS data...

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
3Y-87.0%
5Y+2582.0%
10Y+331.0%
3Y-75.0%
5Y-73.0%
10Y+69.0%
3Y-28.0%
5Y+6660.0%
10Y+4606.0%
3Y-55.0%
5Y-58.0%
10Y+318.0%
3Y-107.0%
5Y-58.0%
10Y+319.0%
3Y-63.0%
5Y-67.0%
10Y+14.0%
Peakstone Realty Trust

Peakstone Realty Trust Profit Bridge

PKST · NYSE
Revenue105.98M
Cost of Goods Sold (118.66M)
Gross Profit-12.68M
Operating Expenses (-16.69M)
Operating Income4.02M
Interest Expense (47.95M)
Other Income/Expense-64.04M
Pretax Income-60.02M
Income Tax (0.00)
Net Income-287.28M
Net Income
-287.28M

Profitability Analysis

Gross Margin

-12.0%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

3.8%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-271.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

-11.96%
Gross Profit Margin
-115%
3Y-115.0%
5Y-116.0%
10Y-115.0%
3.79%
Operating Profit Margin
-83%
3Y-83.0%
5Y-94.0%
10Y-79.0%
-271.07%
Net Profit Margin
5830%
3Y+181.0%
5Y+24833.0%
10Y+2689.0%
-38.54%
Return on Equity
3912%
3Y+73.0%
5Y+13561.0%
10Y+3507.0%
-21.24%
Return on Assets
5352%
3Y+92.0%
5Y+20638.0%
10Y+4021.0%
1.19%
Return on Invested Capital
-39%
3Y-54.0%
5Y-80.0%
10Y-56.0%
PKST

Peakstone Realty Trust Cash Conversion Engine

PKST · NYSE
Net Income0.00
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-2.58M
Others71.30M
Capital Expenditures0.00
Free Cash Flow68.72M

Cash Flow Quality Analysis

FCF Growth Trend

-27.4%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$2.58M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

pkst

Peakstone Realty Trust Funding & Solvency Profile

PKST · NYSE
Cash & Cash Equivalents109.73M
Net Receivables18.87M
Inventory0.00
Other Current Assets0.00
Total Current Assets129 M
Property, Plant & Equipment5.23M
Goodwill & Intangible Assets179.34M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets5 M
Total Assets
1.33B

Financial Health Analysis

Debt-to-Equity Ratio

0.74x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

129 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

pkst

Peakstone Realty Trust Street Expectations Map

PKST · NYSE

Wall Street analysts project that PKST stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 21.00, with estimates ranging from a low of 21.00 to a high of 21.00.

Lowest Target
21.00
0.05%
Consensus Target
21.00
0.05%
Highest Target
21.00
0.05%

The consensus 1-year price target stands at 21.00, with estimates ranging from a low of 21.00 to a high of 21.00.

Analyst Consensus Analysis

Upside Potential

+0.1%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

pkst

Peakstone Realty Trust Insider Positioning

PKST · NYSE

During the last 12 months, there has been no insider trading activity reported for PKST.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.48%
Dividend Yield
-32%
3Y-92.0%
5Y-89.0%
10Y-94.0%
 

pkst Dividend History

PKST
10Y CAGR +3%
Latest $0.1
Annual $0.875
5 year growth trend
Last Period: +0%