Vivmark Residential

VMRK Real Estate Reit Residential

Vivmark Residential’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 3.82% from fiscal 2024.

Revenue
+2.11%
EPS
−41.2%
Free cash flow
+298.7%
Total debt
−1.32%

Quarter to June 2026, against a year earlier

65.37 0.12 +0.18%
Market cap
$50.5B
P/E
28.2×
Fwd P/E
39.4×
Dividend yield
4.29%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Vivmark Residential (VMRK) valuation and DCF model

What the price implies · reverse DCF

At $65.37 the price implies FFO a share growing 3.5% a year for ten years.

FFO a share grew 1.3% a year over the last ten years, 5.0% over the last five. The price asks for about three times its ten-year rate. The industry’s median company is priced for 3.5%.

In December 2017 the price assumed 6.6% a year; Vivmark Residential went on to grow FFO a share 2.9% a year to FY2025.

FFO a share is worked out from Vivmark Residential’s 10-Ks and 10-Qs: net income, plus the depreciation of its property and impairments, less gains on property sales.

Price implies
3.5%
Last 5 years, reported
5.0%
Last 10 years, reported
1.3%
Industry median implies
3.5%

The headline discounts the last twelve months’ FFO a share at 9.0% for ten years and grows it 2.5% a year after that, the same for every company, so the figure compares across the market (how a reverse DCF works).

The other way round · DCF
The price needs
3.5% a year for ten years
$65.37
today’s price
Its base case
1.3% a year for five years, then 0.8%
$54.18
17.1% below today’s price

Both are growth in FFO a share, discounted at 9.0%, with 2.5% a year after year ten.

Base case on its own ten-year record Vivmark Residential’s own growth, carried forward

Its assumptions

Powerpack lets you start from a scenario and type over any of them.

The base case’s inputs, which Powerpack lets you change
1 · FFO a share
the four quarters to June 2026, from the 10-Q and 10-K filings

Yearly growth in FFO a share. It usually slows as the company matures.

Today’s price implies FFO a share growing 3.5% a year for ten years.

2 · Rates

Cost of equity is the yearly return shareholders require, typically 8–11%. Terminal growth is growth forever after year 10, usually near long-run inflation, 2–3%.

3 · Per share

The model is a share’s own: no debt to take off and no shares to divide among.

Advanced inputs

Against Vivmark Residential’s own cost of capital: risk-free 4.3% + beta 0.74 × equity premium 4.5% = 7.6% cost of equity; weighted, 7.6%.

Use 7.6%
Base case value per share $54.18 ten years discounted, and what follows
Current price $65.37 market price per share
Below today’s price 17.1% downside at the base case’s assumptions

How we got there$25.98 10 years of FFO+$28.21 terminal value=$54.18 per share

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Reit Residential).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 28.23× 26.52× 28.94× 2% below 28.23× 0% above
P/FCF 12.84× 22.80× 26.88× 52% below 20.32× 37% below
P/B 2.28× 2.18× 2.34× 2% below 1.88× 22% above
EV/EBITDA 14.10× 14.16× 15.32× 8% below 15.93× 12% below
EV/Sales 10.42× 10.83× 12.32× 15% below 8.07× 29% above
P/FFO 17.06× 17.31× 20.39× 16% below — —
1.97×2.32×2.66×3.01×10Y avg 2.34×2017201820192020202120222023202420252026

VMRK trades at 2.28× P/B, against a 10-year average of 2.34× (range 1.95×–3.03×). That is dearer than 56% of the last 9 year-end readings; re-rating to the average implies $66.97 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.