AvalonBay Communities, Inc. (AVB) DCF Valuation
A discounted-cash-flow model isn't meaningful for AvalonBay Communities, Inc. (AVB) — REITs are valued on funds from operations (FFO / AFFO), price-to-AFFO and dividend yield, not free cash flow. See the metrics page for the sector-appropriate valuation ratios.
Current Price
$184.36
Market-Implied Growth
+10.5%/yr
vs +6.8% 5Y actual
Base-Case Model Value
—
Discounted Cash Flow
An editable DCF model isn't applicable to AVB — REITs are valued on FFO / AFFO, price-to-AFFO and dividend yield, not free cash flow.
About AvalonBay Communities, Inc.
At the close of 2020, AvalonBay Communities held a direct or indirect ownership stake in a substantial portfolio encompassing 291 apartment communities. These properties collectively contained 86,025 residential units across 11 states and the District of Columbia. Among these, 18 communities were actively under development, and one was undergoing redevelopment. As an equity REIT, AvalonBay's primary activities involve the development, redevelopment, acquisition, and management of apartment communities. The company strategically targets prominent metropolitan areas such as New England, the New York/New Jersey metro region, the Mid-Atlantic states, the Pacific Northwest, and both Northern and Southern California. Furthermore, AvalonBay is expanding its presence into key growth markets, specifically Southeast Florida and Denver, Colorado.
- Sector
- Real Estate
- Industry
- REIT - Residential
- CEO
- Benjamin W. Schall