VNO Relative Valuation
VNO'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, VNO is overvalued; if below, it's undervalued.
Historical Valuation
Vornado Realty Trust (VNO) is now in the Overvalued zone, suggesting that its current forward PS ratio of 4.08 is considered Overvalued compared with the five-year average of -18.90. The fair price of Vornado Realty Trust (VNO) is between 16.61 to 33.53 according to relative valuation methord. Compared to the current price of 35.45 USD , Vornado Realty Trust is Overvalued By 5.73%.
Relative Value
Fair Zone
16.61-33.53
Current Price：35.45
5.73%
Overvalued
-228.61
PE
1Y
3Y
5Y
Trailing
Forward
26.34
EV/EBITDA
Vornado Realty Trust. (VNO) has a current EV/EBITDA of 26.34. The 5-year average EV/EBITDA is 22.21. The thresholds are as follows: Strongly Undervalued below 15.55, Undervalued between 15.55 and 18.88, Fairly Valued between 25.54 and 18.88, Overvalued between 25.54 and 28.87, and Strongly Overvalued above 28.87. The current Forward EV/EBITDA of 26.34 falls within the Overvalued range.
60.13
EV/EBIT
Vornado Realty Trust. (VNO) has a current EV/EBIT of 60.13. The 5-year average EV/EBIT is 52.79. The thresholds are as follows: Strongly Undervalued below 34.70, Undervalued between 34.70 and 43.74, Fairly Valued between 61.84 and 43.74, Overvalued between 61.84 and 70.89, and Strongly Overvalued above 70.89. The current Forward EV/EBIT of 60.13 falls within the Historic Trend Line -Fairly Valued range.
4.08
PS
Vornado Realty Trust. (VNO) has a current PS of 4.08. The 5-year average PS is 3.61. The thresholds are as follows: Strongly Undervalued below 1.17, Undervalued between 1.17 and 2.39, Fairly Valued between 4.82 and 2.39, Overvalued between 4.82 and 6.04, and Strongly Overvalued above 6.04. The current Forward PS of 4.08 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/OCF
Vornado Realty Trust. (VNO) has a current P/OCF of 0.00. The 5-year average P/OCF is 9.89. The thresholds are as follows: Strongly Undervalued below -5.15, Undervalued between -5.15 and 2.37, Fairly Valued between 17.42 and 2.37, Overvalued between 17.42 and 24.94, and Strongly Overvalued above 24.94. The current Forward P/OCF of 0.00 falls within the Undervalued range.
0.00
P/FCF
Vornado Realty Trust. (VNO) has a current P/FCF of 0.00. The 5-year average P/FCF is -88.11. The thresholds are as follows: Strongly Undervalued below -466.03, Undervalued between -466.03 and -277.07, Fairly Valued between 100.86 and -277.07, Overvalued between 100.86 and 289.82, and Strongly Overvalued above 289.82. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
Vornado Realty Trust (VNO) has a current Price-to-Book (P/B) ratio of 1.91. Compared to its 3-year average P/B ratio of 1.24 , the current P/B ratio is approximately 54.62% higher. Relative to its 5-year average P/B ratio of 1.33, the current P/B ratio is about 44.27% higher. Vornado Realty Trust (VNO) has a Forward Free Cash Flow (FCF) yield of approximately 7.23%. Compared to its 3-year average FCF yield of 13.76%, the current FCF yield is approximately -47.50% lower. Relative to its 5-year average FCF yield of 11.93% , the current FCF yield is about -39.41% lower.
1.91
P/B
Median3y
1.24
Median5y
1.33
7.23
FCF Yield
Median3y
13.76
Median5y
11.93
Competitors Valuation Multiple
The average P/S ratio for VNO's competitors is , providing a benchmark for relative valuation. Vornado Realty Trust Corp (VNO) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 5.78%, 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 VNO decreased by 15.68% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 4.67 to 78.43.
The secondary factor is the Revenue Growth, contributed 5.78%to the performance.
Overall, the performance of VNO in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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