
On 12 Nov 2026 our base value for Vivmark Residential is $75.58 a share, 18.2% above its $63.93 close; 1 of 1 valuation methods put it above the price.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | — | — | not used for REITs: depreciation of property makes earnings and free cash flow understate what a REIT earns; see price to FFO |
| Exit multiple (P/E) | — | — | not used for REITs: depreciation of property makes earnings and free cash flow understate what a REIT earns; see price to FFO |
| Sum of the parts | — | — | not used for REITs: REITs are valued on funds from operations; see price to FFO |
| Price to sales | — | — | not used for REITs: REITs are valued on funds from operations; see price to FFO |
| Tangible book | — | — | not used for REITs: REITs are valued on funds from operations; see price to FFO |
| Price to FFO (REITs) | $75.58 | +18.2% | funds from operations $5.60 a share (FY2025) at its own 5-year median of 13.5× (today 11.4×) |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
| Fiscal year | Net income | Depreciation | FFO | Shares | FFO per share | Year-end close | P/FFO |
|---|---|---|---|---|---|---|---|
| 2021 | $1.40bn | $851.38m | $2.25bn | 388.09m | $5.79 | $90.50 | 15.6× |
| 2022 | $807.00m | $894.33m | $1.70bn | 389.45m | $4.37 | $59.00 | 13.5× |
| 2023 | $868.49m | $901.50m | $1.77bn | 390.90m | $4.53 | $61.16 | 13.5× |
| 2024 | $1.07bn | $966.74m | $2.04bn | 390.74m | $5.22 | $71.76 | 13.8× |
| 2025 | $1.15bn | $1.02bn | $2.18bn | 388.75m | $5.60 | $63.04 | 11.3× |
| Median P/FFO | 13.5× |
| Latest FFO per share (FY2025) | $5.60 |
| Value per share = median × latest FFO per share | $75.58 |
For a REIT the base value is the price-to-FFO value: $75.58 a share.
Bear $75.57 · Base $75.58 · Bull $76.99 (the REIT's own lower and upper quartile price-to-FFO)
One-year price simulation: a 62% chance the price is higher than today's $63.93 in a year, from 22.34% volatility. The simulation assumes the price drifts up at our discount rate of 9% a year.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $59.79 | $75.58 |
| 9 Oct 2026 | $61.16 | $75.58 |
| 16 Oct 2026 | $61.26 | $75.58 |
| 23 Oct 2026 | $63.03 | $75.58 |
| 30 Oct 2026 | $61.90 | $75.58 |
| 6 Nov 2026 | $65.51 | $75.58 |
| 12 Nov 2026 | $63.93 | $75.58 |
Data as of 12 Nov 2026; financials to 30 Sep 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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