CPT Camden Property Trust
too hard · 53
Owner-earnings value$55.92
Price$97.37
Margin of safety
-42.6%
Quality gate · 53/100
⚠ sub-hurdle returns (median roic 6% < 9%)
Median ROIC6.3%
Gross margin61.3%
Net debt / EBITDA3.4x
FCF conversion90%
Share count / yr-0.0%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 370.48M |
| Owner-earnings yield | 3.8% |
| Free-cash-flow yield | 3.8% |
| Growth used (normalized) | 3.4% |
| Market-implied growth (reverse DCF) | 17.0% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 383.13M | 3.4% | 351.50M |
| 2 | 396.04M | 3.4% | 333.34M |
| 3 | 409.20M | 3.3% | 315.98M |
| 4 | 422.61M | 3.3% | 299.39M |
| 5 | 436.26M | 3.2% | 283.54M |
| 6 | 450.15M | 3.2% | 268.41M |
| 7 | 464.28M | 3.1% | 253.98M |
| 8 | 478.63M | 3.1% | 240.21M |
| 9 | 493.21M | 3.0% | 227.09M |
| 10 | 508.01M | 3.0% | 214.59M |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~17%/yr owner-earnings growth over 10y (reverse DCF); model credits 3%.