First Industrial Realty Trust

FR US Real Estate Industrial REITs
S&P 400
$61.38
+0.99%
Delayed · cached 15 min

Fair value analysis

FR
First Industrial Realty Trust
Real EstateIndustrial REITs
$61.38
Close used for this calculation
$37.90Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
44/100
Profitability21/25
Returns4/25
Balance Sheet8/25
Efficiency11/25
Growth9/25
Average
Quality radar
44Prof.21/25Ret.4/25Eff.11/25B.Sht8/25Growth9/25

Consensus fair value

$37.90
Above FV
▼ -38.3% against the close used
Model range $15.29 – $96.12
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear$15.29Fair value$37.90Bull$96.12
FairClose
52-week traded range
52W low $50.2652W high $68.86

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading above the consensus fair value

First Industrial Realty Trust closed at $61.38, 62.0% above the consensus fair value of $37.90 drawn from 8 valuation models.

Financial DNA score 44/100 — Average. P/E of 32.8x against the 20x sector multiple the P/E model uses.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
$37.12
-39.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
$29.69
-51.6%
√(22.5 × EPS × BVPS)
EPS=1.87, BVPS=20.95 · outside Graham range (P/E 32.8, P/B 2.9) — asset-light, treat as a rough floor
P/E Fair Value
$37.40
-39.1%
EPS × 20x (sector P/E)
EPS=1.87, Sector P/E=20x
Peter Lynch (PEG)
$27.19
-55.7%
EPS × Growth% (PEG = 1 is fair)
EPS=1.87, g=14.5%
Dividend Discount (DDM)
$96.12
+56.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=1.78, r=10%, g=8%
Book Value (P/B)
$15.29
-75.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=20.95, ROE=8.9%, g=6%, r=10%
Reverse DCF
$61.38
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 13.8% | Historical: 14.5%
Margin of Safety
$26.05
-57.6%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=34.74, MoS=25%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.