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DCF Valuation
Base-case fair value
$32.63
Intrinsic $43.50 · 25% MOS
Current price: $52.41
Base-case summary
Our base-case DCF for LXP Industrial Trust (LXP) projects 10 years of free cash flow growth at 2.0% for years 1–5 and 1.0% for years 6–10, anchored to 0.7% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from the 3-year average of positive free cash flow ($217M) — TTM FCF was negative, this produces an intrinsic value of $43.50 per share. A 25% safety margin gives a fair value of $32.63, suggesting the stock is currently 38% overvalued against the $52.41 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
TTM FCF is negative ($0). Projecting from a negative base produces nonsensical results, so this model uses the 3-year average of positive FCF ($217M) as the base instead. Treat this valuation as a rough estimate — it assumes a return to historical profitability.
Model inputs
Free Cash Flow (3yr avg)
$217M
Cash & equivalents
$130M
Total debt
$1.4B
Shares outstanding
58M