DCF Valuation
Base-case fair value
$109.10
Intrinsic $145.47 · 25% MOS
Current price: $109.35
Base-case summary
Our base-case DCF for Camden Property Trust (CPT) projects 10 years of free cash flow growth at 7.6% for years 1–5 and 3.8% for years 6–10, anchored to 7.6% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $827M in trailing free cash flow, this produces an intrinsic value of $145.47 per share. A 25% safety margin gives a fair value of $109.10, suggesting the stock is currently 0% overvalued against the $109.35 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$827M
Cash & equivalents
$41M
Total debt
$4.9B
Shares outstanding
105M