HIW Relative Valuation
HIW's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, HIW is overvalued; if below, it's undervalued.
Historical Valuation
Highwoods Properties Inc (HIW) is now in the Overvalued zone, suggesting that its current forward PE ratio of 49.36 is considered Overvalued compared with the five-year average of 31.64. The fair price of Highwoods Properties Inc (HIW) is between 14.58 to 24.58 according to relative valuation methord. Compared to the current price of 27.15 USD , Highwoods Properties Inc is Overvalued By 10.47%.
Relative Value
Fair Zone
14.58-24.58
Current Price：27.15
10.47%
Overvalued
48.27
PE
1Y
3Y
5Y
Trailing
Forward
12.14
EV/EBITDA
Highwoods Properties Inc. (HIW) has a current EV/EBITDA of 12.14. The 5-year average EV/EBITDA is 12.69. The thresholds are as follows: Strongly Undervalued below 9.62, Undervalued between 9.62 and 11.15, Fairly Valued between 14.22 and 11.15, Overvalued between 14.22 and 15.75, and Strongly Overvalued above 15.75. The current Forward EV/EBITDA of 12.14 falls within the Historic Trend Line -Fairly Valued range.
28.12
EV/EBIT
Highwoods Properties Inc. (HIW) has a current EV/EBIT of 28.12. The 5-year average EV/EBIT is 28.88. The thresholds are as follows: Strongly Undervalued below 22.10, Undervalued between 22.10 and 25.49, Fairly Valued between 32.27 and 25.49, Overvalued between 32.27 and 35.66, and Strongly Overvalued above 35.66. The current Forward EV/EBIT of 28.12 falls within the Historic Trend Line -Fairly Valued range.
3.53
PS
Highwoods Properties Inc. (HIW) has a current PS of 3.53. The 5-year average PS is 4.19. The thresholds are as follows: Strongly Undervalued below 1.89, Undervalued between 1.89 and 3.04, Fairly Valued between 5.34 and 3.04, Overvalued between 5.34 and 6.49, and Strongly Overvalued above 6.49. The current Forward PS of 3.53 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
Highwoods Properties Inc. (HIW) has a current P/OCF of 0.00. The 5-year average P/OCF is 2.14. The thresholds are as follows: Strongly Undervalued below -3.99, Undervalued between -3.99 and -0.92, Fairly Valued between 5.21 and -0.92, Overvalued between 5.21 and 8.27, and Strongly Overvalued above 8.27. The current Forward P/OCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/FCF
Highwoods Properties Inc. (HIW) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.72. The thresholds are as follows: Strongly Undervalued below -2.75, Undervalued between -2.75 and -1.02, Fairly Valued between 2.45 and -1.02, Overvalued between 2.45 and 4.18, and Strongly Overvalued above 4.18. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
Highwoods Properties Inc (HIW) has a current Price-to-Book (P/B) ratio of 1.26. Compared to its 3-year average P/B ratio of 1.20 , the current P/B ratio is approximately 5.18% higher. Relative to its 5-year average P/B ratio of 1.43, the current P/B ratio is about -11.95% higher. Highwoods Properties Inc (HIW) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 14.18%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 12.35% , the current FCF yield is about -100.00% lower.
1.24
P/B
Median3y
1.20
Median5y
1.43
12.17
FCF Yield
Median3y
14.18
Median5y
12.35
Competitors Valuation Multiple
The average P/S ratio for HIW's competitors is , providing a benchmark for relative valuation. Highwoods Properties Inc Corp (HIW) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of -1.25%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of HIW decreased by 11.66% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from 22.92 to 22.90.
The secondary factor is the Revenue Growth, contributed -1.25%to the performance.
Overall, the performance of HIW in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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