$32.57
Near FV▲ +5.3% against the close used
Model range $2.62 – $81.63
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Bear$2.62Fair value$32.57Bull$81.63
FairClose
52-week traded range
52W low $20.5852W high $34.40
The 52-week range is measured from the stored price history, not estimated.
Trading close to the consensus fair value
Highwoods Properties closed at $30.93, 5.0% below the consensus fair value of $32.57 drawn from 9 valuation models.
Financial DNA score 52/100 — Good. P/E of 21.3x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
DCF Valuation
$19.02
-38.5%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=1.8%, r=10%, tg=3%, n=10yr
Graham Number
$26.29
-15.0%
√(22.5 × EPS × BVPS)
EPS=1.45, BVPS=21.18 · outside Graham range (P/E 21.3, P/B 1.5) — asset-light, treat as a rough floor
P/E Fair Value
$29.00
-6.2%
EPS × 20x (sector P/E)
EPS=1.45, Sector P/E=20x
Peter Lynch (PEG)
$2.62
-91.5%
EPS × Growth% (PEG = 1 is fair)
EPS=1.45, g=1.8%
EV/EBITDA
$81.63
+163.9%
(EBITDA × 10.9x − Net Debt) ÷ Shares
EBITDA=839.69M
Dividend Discount (DDM)
$17.71
-42.8%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=1.39, r=10%, g=2%
Book Value (P/B)
$11.71
-62.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=21.18, ROE=6.9%, g=3%, r=10%
Reverse DCF
$30.93
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 8% | Historical: 1.8%
Margin of Safety
$18.58
-39.9%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=24.77, 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.